Stay informed on Miami condo trends
What we cover
The Summit
1201 S Ocean Dr, Miami
CI Score
Below avg
6
For Sale
$504K
Avg Price
$375
Sale $/SF
6
For Rent
$1,800
Avg Rent
$2.66
Rent $/SF
-2.9%
YoY
For Sale
6
For Rent
6
Investor-Owned
—
Avg HOA
$1,625/mo
Address
1201 S Ocean Dr, Miami
Neighborhood
Hollywood
Tier
Value
Avg $/SF
$375.28
Avg Rent
$1,800/mo
Rent $/SF
$2.66/SF
HOA Range
$509 – $1,933
Neighborhood Rank
Top 32%
Total Sales (All-Time)
134
Sale Price Trend ($/SF)
$471
Rental Price Trend ($/SF)
$2.14
Building Activity
Days on Market
159
days
Sitting longer
Months of Inventory
10.0
months
Buyer's market
Sale-to-List Ratio
94.4%
Fair negotiation
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
8
transactions
Moderate activity
Median Rent
$1,800
/month
Active Listings
For Sale (6)

$325K
Unit 103
$335K
Unit 218N
$390K
Unit 609S
$396K
Unit 609S
$398K
Unit 310N
$425K
Unit 110SFor Rent (6)

$2K
Unit 1609S
$2K
Unit 104N
$3K
Unit 310N
$3K
Unit 2208S
$4K
Unit 2105S
$5K
Unit 1810SRecent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Mar 10, 2026 | $590K | $375.8 | 2/2 | 1,570 |
| Feb 13, 2026 | $550K | $350.32 | 2/2 | 1,570 |
| Jan 21, 2026 | $295K | $341.44 | 1/1 | 864 |
| Nov 15, 2025 | $415K | $348.74 | 2/2 | 1,190 |
| Apr 1, 2025 | $700K |
Top Agents in This Building

Douglas Elliman
Coldwell Banker

RE/MAX

Keller Williams RealtyTop Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
Douglas Elliman | 3 | 43 | $23.0M |
Coldwell Banker | 7 | 43 | $20.5M |
RE/MAX | 7 | 14 | $7.0M |
Compass | 10 | 11 | $6.0M |
G GMT International Realty Inc | 2 | 12 | $5.0M |



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Neighborhood
Hollywood →
View all buildings in this area
Building Snapshot
| $421.69 |
| 2/2 |
| 1,660 |
| Dec 11, 2024 | $555K | $334.34 | 2/2 | 1,660 |
| May 20, 2024 | $415K | $348.74 | 2/2 | 1,190 |
| May 10, 2024 | $350K | $321.69 | 1/1 | 1,088 |
| Mar 1, 2024 | $302K | $362.98 | 1/1 | 832 |
| Jan 4, 2024 | $880K | $442.21 | 3/3 | 1,990 |
| Jan 4, 2024 | $385K | $323.53 | 1/2 | 1,190 |
| Dec 29, 2023 | $825K | $496.99 | 2/2 | 1,660 |
| Jul 20, 2023 | $455K | $382.35 | 1/2 | 1,190 |
| Jun 30, 2023 | $590K | $375.8 | 2/— | 1,570 |
| Jun 8, 2023 | $530K | $445.38 | 2/— | 1,190 |
| May 30, 2023 | $655K | $417.2 | 2/— | 1,570 |
| May 19, 2023 | $610K | $367.47 | 2/— | 1,660 |
| May 18, 2023 | $300K | $283.55 | 1/— | 1,058 |
| Mar 31, 2023 | $790K | $475.9 | 2/2 | 1,660 |
| Mar 31, 2023 | $780K | $496.82 | 2/— | 1,570 |
| Mar 15, 2023 | $600K | $361.45 | 2/2 | 1,660 |
| Feb 16, 2023 | $690K | $439.49 | 2/2 | 1,570 |
| Feb 13, 2023 | $338K | $390.63 | 1/1 | 864 |
| Jan 30, 2023 | $530K | $337.58 | 2/— | 1,570 |
| Jan 23, 2023 | $835K | $419.6 | 3/— | 1,990 |