Summit Condo
Homes for Sale in Hollywood, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Summit Condo in Hollywood trades at a median of $560,000 and $350 per square foot, which sits at the premium end of Broward's beachside condo spectrum. At those numbers, you're paying for direct coastal proximity and the inherent scarcity of a building that can't be replicated at today's land and construction costs. The median days-on-market of 149 tells you this is not a discount market and not a flip market—buyers here are selective, and sellers hold their number.
Twenty-one closings in the trailing window and single-digit year-over-year appreciation point to a mature, stable asset class with limited distress and limited speculation. If you're writing an offer, expect to negotiate on condition and timing more than price. If you're selling, patience and proper staging will matter more than chasing comps down.
Summit Condo right now
🟡 Still climbing. The trailing-12-month median ($560K) is up 0.9% from the prior 12 months ($555K). With about 21 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Medium (21 and 13 sales in the two windows).
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Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Summit Condo market snapshot (as of July 15, 2026): the median sale price is about $560K ($350 per sq ft over the trailing 12 months of closed sales), and a median 149 days on market for closed sales. The trailing-12-month median is up 1% from the prior 12 months, computed from record-level Beaches MLS closed sales (21 closings in the current window).
Summit Condo is a Hollywood high-rise with ocean access baked into the price and a deliberate, slow-moving resale market that rewards prepared buyers and penalizes those hoping for a quick close or a bargain.
Who Summit Condo is best for.
Best for
- Buyers with significant liquid reserves who plan to hold the asset for five-plus years and value oceanfront lifestyle over short-term equity velocity.
- Downsizers exiting single-family maintenance who have the capital to buy at the median and the patience to wait for the right unit and negotiate on condition.
- Investors with long-term rental income goals who understand condo-warrantability, can weather special assessments, and accept that this building does not day-trade.
Probably not for
- Buyers who need to close in under sixty days or who are stretching to the top of their approval and cannot absorb surprise costs during due diligence.
- Flippers or short-term traders counting on double-digit appreciation or a hot resale market—single-digit year-over-year growth and 149 days on market do not support that model.
- First-time buyers with thin reserves who have not stress-tested their budget against rising HOA fees, special assessments, and the reality of a building that requires ongoing capital investment.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($560K) IS the median in the snapshot above, and the move from 2025 ($555K) IS the +0.9% one-year change.
Windows contain 0 to 35 sales each (21 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
The Summit Condo buying strategy.
If we were buying in Summit Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Summit Condo.
What the median time on market actually tells you
A median of 149 days is not a red flag in this segment—it's the natural tempo of a building where most buyers are weighing multiple coastal options, arranging financing that clears condo-warrantability hurdles, and conducting thorough due diligence on reserve studies and special assessments. Units that show well and price correctly still move; units that need work or carry deferred maintenance linger.
The price per square foot of $350 reflects finished interiors, updated systems, and low deferred maintenance. Buyers at this median are not chasing distressed inventory or overlooking problems to save money—they expect move-in quality or a clear, quantified renovation path. Sellers who understand that dynamic close; those who test the market with aspirational pricing based on pre-pandemic comps do not.
With year-over-year appreciation under one percent, this is a hold-and-enjoy market, not a trade-and-flip market. The value proposition is use and lifestyle, not paper gains. If your acquisition thesis depends on double-digit annual returns, Summit Condo will disappoint you. If it depends on waking up near the ocean and not moving again for years, the fundamentals support that.
The location and the amenities are priced into every listing in Summit Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Condo transactions in Broward's coastal corridor require fluency in association financials, reserves, pending litigation, and rental-restriction bylaws that can kill a deal at the eleventh hour. Momentum's agents read the documents before you write the offer, flag the deal-killers during due diligence, and know which lenders will actually close a warrantable high-rise in this market. We will also tell you when a unit is overpriced relative to condition or when a building's financial health does not support the ask. That level of homework is not optional at the $560,000 median—it's the difference between a clean close and a forfeited deposit.
Summit Condo in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Summit Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Summit Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Summit Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Summit Condo home worth?
Get a no-obligation home value based on real comparable sales in Summit Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Summit Condo?
How long do homes in Summit Condo take to sell?
Who is the best real estate agent for Summit Condo?
How do I find a top Hollywood real estate agent who knows Summit Condo?
Can Momentum Realty connect me with an agent for Summit Condo?
Should you buy in Summit Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2012 (215 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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