1201 S Ocean Dr 2003N, Hollywood, FL 33019 — MLS photo

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1201 S Ocean Dr 2003N, Hollywood, FL 33019

Active · Condominium

$565,000

1201 S Ocean Dr 2003N, Hollywood, FL 33019

Beds
2
Baths
2
Living area
1,570 sq ft
$ / sq ft
$360/sq ft
Year built
1982
Lot size
—
HOA fee
$1,625 Monthly
Annual tax
$10,695

About this property

OCEANFRONT RESORT LIVING - Unobstructed Ocean & Intracoastal Views!|South-facing on the 20th floor of Summit Towers' North Tower, this residence enjoys sun from morning through evening. The view is secured permanently by the building's own amenities grounds.|This move-in ready split 2-bed/2-bath + DEN offers 1,570 SF of resort-style living. Tile floors run through the main living areas and an open kitchen built for entertaining. IMPACT WINDOWS and in-unit laundry add everyday convenience, while the 132 SF private balcony is the spot for morning coffee or evening cocktails with the water as a backdrop. The DEN adapts easily to a home office or sitting room.|Nearly 9 acres of amenities anchor Summit Towers: two pools (one heated, both with water views), direct beach access with lounge chair service, a fitness center, tennis and pickleball courts, a party room, library, card room, cafe, BBQ areas, covered bike storage, and 24-hr doorman/CCTV security. Clubs and events run throughout the year.|Perfectly placed near the southern tip of the Hollywood Broadwalk, near dining, shops, and live entertainment, with FLL Airport just minutes away and the newly reopened Hollywood Beach Golf Club (Richard Mandell design) only 5 minutes out. Whether you're here full-time or escaping seasonally, every day feels like a resort stay. Flexible showings available.|Included: 1st-floor assigned parking and a covered, air-conditioned 1st-floor storage unit. Additional parking may be available.

Property location

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1201 S Ocean Dr 2003N, Hollywood, FL 33019

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,570 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Electric
Interior features
Built In Features, Breakfast Area, Bathtub, Family Dining Room, Garden Tub Roman Tub, Living Dining Room, Custom Mirrors, Sitting Area In Primary, Split Bedrooms, Separate Shower, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1982
Stories
25
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors, Tennis Courts
Pool
Association, Heated
Waterfront
Intracoastal Access, Ocean Access, Ocean Front
View
Intercoastal, Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, One Space

HOA, Community & Financials

Association fee
$1,625 Monthly
Fee inclusions
Association Management, Amenities, Cable Tv, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash
Amenities
Beach Rights, Basketball Court, Billiard Room, Bike Storage, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pickleball, Pool, Putting Greens, Sauna, Tennis Courts, Trails, Elevators
Security
Complex Fenced, Door Man, Security Guard, Fire Sprinkler System
Pets allowed
Conditional, Yes
Annual tax
$10,695
Subdivision
SUMMIT CONDO
County
Broward
Days on market
140
MLS listing ID
A12025020
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

-$1,582

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.0%
Gross yield
9.3%
Mortgage payment
$2,678/mo
Down payment
$141,250
Loan amount
$423,750
Annual NOI
$13,154

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.