Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 1,190 sq ft
Active · Condominium
$499,900
1201 S Ocean Drive 2509s, Hollywood, FL 33019
- Beds
- 1
- Baths
- 2
- Living area
- 1,190 sq ft
- $ / sq ft
- $420/sq ft
- Year built
- 1982
- Lot size
- —
- HOA fee
- $3,952
- Annual tax
- —
About this property
Beautifully remodeled Penthouse unit! One bedroom and one and one half bathrooms of pure luxury. 1190 square feet and move in ready. The unit features a chef's kitchen featuring white cabinets with quartz calacatta counter tops and backsplash. All new appliances. An oversized marble shower. Amazing views of the ocean and Intracoastal from the 25th floor. The Summit offers a very luxurious lifestyle with two tennis courts, two heated pools, pickleball courts, bocce, shuffleboard, basketball, and a cafe on the pool deck. Next to the famous Hollywood Boardwalk convenient to dining and live music.
Property location
Get Directions1201 S Ocean Drive 2509s, Hollywood, FL 33019
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1982
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $3,952
- County
- Broward
- MLS listing ID
- B26025599
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$4,240
- Cap rate
- -4.5%
- Net yield
- -4.5%
- Cash-on-cash return
- -36.3%
- Gross yield
- 8.4%
- Mortgage payment
- $2,370/mo
- Down payment
- $124,975
- Loan amount
- $374,925
- Annual NOI
- -$22,437
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.