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1100 Atlantic Shrs #309
B Composite 70.75
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$155,000

1100 Atlantic Shrs #309 · Hallandale Beach, FL 33009
1 bd · 1.0 ba · 739 sqft · Condo public records · 102 Days on market
Built 1979 $322/mo HOA · 12% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Freshly painted 1 bedroom, 1 bathroom corner unit in a 55+ community. Great opportunity for investors. Very low maintenance fees and rentals are allowed from day one of ownership. Terrific location very close to beaches, shopping, casinos and more. Complex has a large pool. No pets allowed.

Key facts

  • Hallandale beach
  • Aventura mall
  • New roof

Tags

HALLANDALE BEACHCLOSE TO SHOPPING CENTRSAVENTURA MALLNEW ROOFTWO STORIES

Property features AI

Finance

  • Other: Living area listed as 739 (square footage withheld by instructions); Property is not waterfront
  • Financial info: No land lease (ownership not land-leased)
  • HOA & community: Has association; Monthly HOA fee of $322; Community pool; HOA covers grounds and structure maintenance, trash, water, common areas, and pool service; Senior community

Exterior

  • Parking: Rented parking space
  • Security: No security features listed
  • Utilities: Cable not available; Water and trash service included in association fees
  • Home design: Condominium; Resale condition; 2 stories; Faces east; Located east of US-1
  • Construction: Built with CBS construction
  • Exterior features: Not waterfront; No waterfront features

Interior

  • Kitchen: Electric range; Refrigerator
  • Bedrooms: 1 bedroom on the main level
  • Flooring: Tile flooring
  • Bathrooms: 1 full bathroom on the main level
  • Heating & cooling: Electric heating; Central air conditioning (electric)
  • Interior features: No special interior features listed
  • Laundry & utility: Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $155k.

Deal economics

  • At list price, monthly cash flow is $588 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $155k).
  • Recommended offer: $141k (9.0% below list) — sets the bar for market timing.
  • Cap rate 10.8% vs local median 5.2% in Hallandale Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 81/100 on livability (#86 in FL, #1,400 nationally) — a professional / high-income tenant draw. Strengths: commute A+, health & safety A+, crime B+; Watch: schools C-, employment D-.
  • Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 1380 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $2,653/mo this rent would consume 61% of the median local household income ($52k/yr) (locally 3293% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 102 days — a 9% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 10y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $90k; list at $155k implies a 72% gain — meaningful room to come down on a strong offer.
Recommended offer $141,050 (9.0% below list)

Questions for the listing agent

  1. It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.71%
Cap rate
10.84%
Cash-on-cash
16.25%
DSCR
1.72
GRM
4.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.43% rent growth · sell at horizon

5-year hold
IRR
3.7%
Equity multiple
1.14×
Total profit
$5,925
Equity at exit
$23,111
10-year hold
IRR
9.9%
Equity multiple
1.66×
Total profit
$28,531
Equity at exit
$13,402

Cash invested: $43,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33009

Rents YoY
0.4%
Active inventory
1380
Price-to-rent
4.9×

Monthly cashflow live

Estimated rent
$2,653 high interval (Pro) →
Mortgage (P&I)
$813
Tax from tax record
$309 /mo · $3,704/yr
Insurance
$65
HOA
$322
Vacancy / Maint / Mgmt
$557
Net cashflow
$588

Break-even live

Break-even rent $1,909
Max offer price $155,000
Occupancy floor 73%

Sensitivity live

Price -10% $675 -5% $631 +0% $588 +5% $544 +10% $500
Rent -10% $378 -5% $483 +0% $588 +5% $692 +10% $797
Rate -1.0pp $666 -0.5pp $627 base $588 +0.5pp $547 +1.0pp $507

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$38,750
Closing costs
$4,650
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 19 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
401 N Federal Hwy Hallandale Beach, FL 1.0–3.0 1.0–2.0 973 $1,892 $1.94 16d 48 0.49mi
200 E Pembroke Rd Hallandale Beach, FL 3.0 1.0–2.0 1006 $2,823 $2.81 0d 63 0.57mi
1180 E Hallandale Beach Blvd Unit 1241877P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $2,465 $2.92 5d 2 0.75mi
320 S Federal Hwy Hollywood, FL 2.0 1.0–2.0 742 $2,758 $3.72 25d 9 1.01mi
303 S Federal Hwy Hollywood, FL 1.0–3.0 1.0–3.0 992 $2,175 $2.19 3d 35 1.02mi
1770 S Young Cir Hollywood, FL 2.0 1.0–2.0 881 $3,644 $4.14 0d 42 1.06mi
2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $2,465 $2.92 3d 2 1.12mi
2602 E Hallandale Beach Blvd Unit 1227270P Hallandale Beach, FL 2.0 1.0–2.0 640 $3,224 $5.04 0d 3 1.12mi
2001 Van Buren St Hollywood, FL 2.0 1.0–2.0 788 $2,801 $3.55 16d 171 1.16mi
1818 Hollywood Blvd Hollywood, FL 3.0 1.0–2.5 1089 $2,822 $2.59 0d 26 1.19mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,200 $4.32 15d 7 1.29mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $3,800 $3.91 20d 8 1.29mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,400 $4.53 12d 6 1.29mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,000 $4.12 9d 7 1.29mi
1776 Polk St Hollywood, FL 1.0–2.0 1.0–2.0 954 $2,843 $2.98 16d 25 1.29mi
2165 Van Buren St Hollywood, FL 3.0 1.0–3.0 1072 $2,797 $2.61 0d 15 1.33mi
836 NW 10th St Unit 4 Hallandale Beach, FL 1.0 423 $1,250 $2.96 25d 1 1.40mi
840 NW 10th St Unit 8 Hallandale Beach, FL 1.0 1.0 441 $1,400 $3.17 25d 1 1.41mi
2233 Hollywood Blvd Hollywood, FL 1.0–2.0 1.0–2.0 913 $2,540 $2.78 16d 94 1.44mi

HOA detail condo

Monthly dues
$322 · $3,864/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 22 events

  1. 2026-06-21
    days on market $155,000 Active 102 DOM
  2. 2026-06-18
    days on market $155,000 Active 99 DOM
  3. 2026-06-17
    days on market $155,000 Active 98 DOM
  4. 2026-06-16
    days on market $155,000 Active 97 DOM
  5. 2026-06-15
    days on market $155,000 Active 96 DOM
  6. 2026-06-13
    days on market $155,000 Active 94 DOM
  7. 2026-06-09
    days on market $155,000 Active 90 DOM
  8. 2026-06-07
    days on market $155,000 Active 88 DOM
  9. 2026-06-04
    days on market $155,000 Active 85 DOM
  10. 2026-06-03
    days on market $155,000 Active 84 DOM
  11. 2026-06-02
    days on market $155,000 Active 83 DOM
  12. 2026-06-01
    days on market $155,000 Active 82 DOM
  13. 2026-05-31
    days on market $155,000 Active 81 DOM
  14. 2026-03-18
    price $155,000
  15. 2026-01-16
    listed $175,000 Active
  16. 2016-12-07
    soldstatus $90,000 Sold 291-char remark
    Show marketing remark (291 chars)

    Freshly painted 1 bedroom, 1 bathroom corner unit in a 55+ community. Great opportunity for investors. Very low maintenance fees and rentals are allowed from day one of ownership. Terrific location very close to beaches, shopping, casinos and more. Complex has a large pool. No pets allowed.

  17. 2016-12-06
    soldstatus $90,000
  18. 2016-11-18
    status Pending 291-char remark
    Show marketing remark (291 chars)

    Freshly painted 1 bedroom, 1 bathroom corner unit in a 55+ community. Great opportunity for investors. Very low maintenance fees and rentals are allowed from day one of ownership. Terrific location very close to beaches, shopping, casinos and more. Complex has a large pool. No pets allowed.

  19. 2016-11-03
    listed $94,000 Active 291-char remark
    Show marketing remark (291 chars)

    Freshly painted 1 bedroom, 1 bathroom corner unit in a 55+ community. Great opportunity for investors. Very low maintenance fees and rentals are allowed from day one of ownership. Terrific location very close to beaches, shopping, casinos and more. Complex has a large pool. No pets allowed.

  20. 2016-09-21
    soldstatus $55,000
  21. 1989-03-14
    soldstatus $27,000
  22. 1982-04-01
    soldstatus $54,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$3,704 · $309/mo
Projected year-2 tax
$3,704 · $309/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$31,832
− Mortgage interest
−$8,682
− Property taxes
−$3,704
− Insurance
−$775
− Repairs & maintenance
−$2,547
− Management
−$2,547
− HOA
−$3,864
− Depreciation
−$4,509
Taxable income
$5,205
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,249
After-tax cash flow
$5,801/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Broward
NCES district ID
1200180
Math proficiency
42% ▼ -18.00%
Reading proficiency
53% ▼ -5.00%
Median HH income
$52,139
Composite
40.88/100
National rank
#3621
State rank
#46 of 73 in FL

Livability — Hallandale Beach

Score
81/100
State rank
#86
US rank
#1400

Category grades

Amenities B Commute A+ Cost of living B+ Crime B+ Employment D- Housing B+ Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Hallandale Beach, FL
County
Broward County · 1,963,430 people
City population
44,021
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
44,502
Household income
$52,079
Rent vs Own
44.4% rent · 55.6% own
Severe rent burden
3293.0

Population outlook (Broward County) Hauer SSP2

Today (2025)
2,207,033 people
By 2030
2,360,704 · +7.0%
By 2040
2,661,208 · +20.6%
By 2050
2,946,698 · +33.5%
By 2075
3,602,273 · +63.2%
By 2100
3,970,984 · +79.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.67)
Race & ethnicity
Hispanic / Latino 39% White 39% Two or more races 24% Black 17% Asian 1%
Hispanic origin (detail)
Mexican 2% Puerto Rican 3% Cuban 9% Dominican 3% Salvadoran 2%
Common ancestry
Scotch-Irish 5% Hispanic 5% Subsaharan African 3%
Foreign-born
51% · Canada, Jamaica, Dominican Republic
Languages at home
38% English-only · Spanish 36% Russian/Polish/Slavic 12% French/Haitian/Cajun 7%

Political lean MEDSL · Broward

2024 margin
D (+17.0) · D 58.0% · R 41.0%
2008→2024 swing
-17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
All cycles
2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -299.13%
Current HPI
329.9081
Rent YoY
▲ 0.43%
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+187.0% since first listed
9 events — show timeline
  • 2026-03-18 Price Changed $155,000 Beaches MLS
  • 2026-01-16 Listed $175,000 Beaches MLS
  • 2016-12-07 Sold (MLS) $90,000 MARMLS
  • 2016-12-06 Sold (Public Records) $90,000 Public Records
  • 2016-11-18 Pending MARMLS
  • 2016-11-03 Listed $94,000 MARMLS
  • 2016-09-21 Sold (Public Records) $55,000 Public Records
  • 1989-03-14 Sold (Public Records) $27,000 Public Records
  • 1982-04-01 Sold (Public Records) $54,000 Public Records

Property tax history

+5.4%/yr

Latest (2025): $3,704 · +1.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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