Summit Towers is a 22-story, 567-unit oceanfront condominium built in 1982 at 1201 S Ocean Drive, occupying the narrow barrier strip between the Atlantic and the Intracoastal Waterway on south Hollywood Beach. The twin-tower complex is amenity-dense for its era, with two heated pools, tennis and pickleball courts, saunas, game rooms, and a private on-site restaurant. Units run large — roughly 864 to nearly 2,000 square feet — and many carry dual ocean and Intracoastal views. The Hollywood Broadwalk, the beach city's famous 2.5-mile oceanfront promenade, begins a short walk north, and per-square-foot pricing around $370 keeps it among the more affordable large oceanfront towers in Broward.
This building is in our statewide file. When you order, we run a fresh scan across 14 risk categories — inspections, assessments, structural condition, litigation, insurance and more. Your report shows what public records revealed, and just as important, what they couldn't — so you know exactly what to verify before you make an offer. Delivered within 24 hours.
Get the full Intelligence Report — $9.99Publicly reported association fees at Summit Towers are approximately one listing site reports ~$2.94/sqft/mo (unusually high; treat as unverified publicly reported figure). Buyers should verify the current fee schedule for the specific unit with the association.
Recent listings at Summit Towers range around $334,500-$1,100,000 (publicly listed).
Summit Towers was built in approximately 1982 and rises 22 floors with 567 units.
Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.
When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.
In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.
Nearby in Hollywood: Sheridan Lakes · Trafalgar Towers · Aquarius · Hillcrest East Building 22 · Hillcrest No. 21 · All Hollywood condos