3028 Harwood D · Deerfield Beach, FL 33442

$140,900

2 bd · 2.0 ba · 880 sqft · Condo public records · 99 Days on market

Built 1978 $574/mo HOA · 27% of rent

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Why this score? — see what drove the D+ 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 +14.8/30.0
• 1% rule +9.9/10.0
• ARV discount +7.5/15.0
• DSCR +4.5/10.0
• Schools +4.1/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Enjoy the beautiful lake view from the sunroom of this 2 bed 1.5 bath condo. Tile flooring, galley kitchen, Newer AC and Refrigerator. This is a rentable building after 1 year of ownership. We've had seasonal tenants the last few years at $2,300. per month for 4+ months. Century Village offers the finest in 55+ lifestyle amenities with its 150,000 sq' clubhouse, tennis, pools billiards, fitness center, pickleball, security, shuttle service and so much more? You'll love this place.

Key facts

• Clubhouses
• Renovated kitchen
• Fitness centers

Tags

• RENOVATED KITCHEN
• ELEVATOR ACCESS
• POOLS
• CLUBHOUSES
• FITNESS CENTERS
• SOCIAL ACTIVITIES

Property features AI

Finance

• Other: Senior community
• HOA & community: Association with monthly fee; Monthly HOA fee includes maintenance of grounds, sewer, trash, water, common areas, elevator, reserve funds, roof repairs, and recreation facility; Association amenities: Basketball court, Clubhouse, Fitness center, Picnic area, Pool, Storage, Bike storage, Cafe/Restaurant, Courtesy bus, Maintenance; Monthly association fee

Exterior

• Security: Smoke detector(s); Security fence
• Utilities: Sewer included in association; Water included in association; Trash included in association; Power at property
• Home design: Condominium; Resale; Third-floor entry with elevator; Faces south; 4-story building
• Construction: Built with CBS construction
• Exterior features: Fenced; Waterfront (no specific waterfront features listed)

Interior

• Kitchen: Electric range; Dishwasher; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: Ceramic tile
• Bathrooms: 1 full bathroom; 1 half bathroom (2 total bathrooms)
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: Walk-in closet(s); Furnished

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $141k.

Deal economics

• At list price, monthly cash flow is $37 ($450/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $141k).
• Recommended offer: $128k (9.0% below list) — sets the bar for market timing.
• Cap rate 6.6% vs local median 4.2% in Deerfield 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 75/100 on livability (#250 in FL, #3,970 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: amenities D-, 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.
• Zoned schools: Quiet Waters Elementary School (math 40% / reading 48%, grade F, #1,330 of 2,144 statewide, top 63%, 1,128 students, 62% FRL); Lyons Creek Middle School (math 49% / reading 53%, grade C, #237 of 571 statewide, top 43%, 1,757 students, 60% FRL); Deerfield Beach High School (math 12% / reading 37%, grade F, #505 of 667 statewide, top 79%, 2,251 students, 69% FRL).
• Market conditions: Rents flat; 586 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
• At $2,097/mo this rent would consume 47% of the median local household income ($53k/yr) (locally 2169% 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 $974 of loan paydown is wiped out by about $4k 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 99 days — a 9% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 7y ago; this cycle's ask has dropped $19k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $83k; list at $141k implies a 70% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 27% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $128,219 (9.0% below list)

Questions for the listing agent

1. It's been on market 99 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 1978 — 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
10. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
11. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
12. 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.
13. 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.
14. 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: 1.49% ✓
• Cap rate: 6.61%
• Cash-on-cash: 1.14%
• DSCR: 1.05
• GRM: 5.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.1% rent growth · sell at horizon

5-year hold

• IRR: -19.7%
• Equity multiple: 0.34×
• Total profit: $-25,962
• Equity at exit: $21,009

10-year hold

• IRR: -28.9%
• Equity multiple: -0.03×
• Total profit: $-40,818
• Equity at exit: $12,182

Cash invested: $39,452 (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.

Methodology + full state rankings →

ZIP-level market 33442

• Rents YoY: 0.1%
• Active inventory: 586
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $2,097 high
• Mortgage (P&I): −$739
• Tax from tax record: −$247 /mo · $2,968/yr
• Insurance: −$59
• HOA: −$574
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $37

Break-even live

Break-even rent $2,049

Max offer price $140,900

Occupancy floor 93%

Sensitivity live

Price	-10% $117	-5% $77	+0% $37	+5% $-2	+10% $-42
Rent	-10% $-128	-5% $-45	+0% $37	+5% $120	+10% $203
Rate	-1.0pp $108	-0.5pp $73	base $37	+0.5pp $1	+1.0pp $-36

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: $35,225
• Closing costs: $4,227
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3042 Harwood E Unit 3042 Deerfield Beach, FL	2.0	2.0	860	$3,000	$3.49	25d	1	0.14mi
137 Farnham F #137 Deerfield Beach, FL	1.0	1.5	700	$2,500	$3.57	25d	1	0.25mi
144 Farnham F Unit F Deerfield Beach, FL	2.0	1.5	828	$2,500	$3.02	25d	1	0.26mi
137 Farnham F Deerfield Beach, FL	1.0	1.5	708	$2,000	$2.82	25d	1	0.26mi
333 Farnham P Unit P Deerfield Beach, FL	2.0	1.5	828	$1,800	$2.17	21d	1	0.34mi
329 Farnham P #329 Deerfield Beach, FL	1.0	1.5	700	$1,450	$2.07	25d	1	0.34mi
436 Markham S #436 Deerfield Beach, FL	1.0	1.0	585	$1,400	$2.39	25d	1	0.37mi
1272 S Military Trl #313 Deerfield Beach, FL	2.0	2.0	900	$2,390	$2.66	22d	1	0.37mi
1266 S Military Trl Deerfield Beach, FL	1.0–2.0	1.0–2.0	1050	$2,550	$2.43	22d	2	0.38mi
306 Newport T #306 Deerfield Beach, FL	1.0	1.0	585	$1,350	$2.31	25d	1	0.38mi
1250 S Military Trl #1612 Deerfield Beach, FL	2.0	1.5	1035	$2,500	$2.42	6d	1	0.39mi
1234 S Military Trl #1811 Deerfield Beach, FL	2.0	2.0	1099	$2,500	$2.27	25d	1	0.39mi
1244 S Military Trl #724 Deerfield Beach, FL	2.0	1.5	916	$1,950	$2.13	14d	1	0.39mi
1230 S Military Trl #2014 Deerfield Beach, FL	2.0	2.0	937	$2,400	$2.56	25d	1	0.41mi
1230 S Military Trl #2014 Deerfield Beach, FL	2.0	2.0	937	$2,400	$2.56	17d	1	0.41mi
308 Markham N Deerfield Beach, FL	1.0	1.5	700	$1,200	$1.71	25d	1	0.42mi
1100 S Military Trl Deerfield Beach, FL	2.0–3.0	1.0–2.0	1119	$2,250	$2.01	25d	2	0.44mi
124 Oakridge I #124 Deerfield Beach, FL	2.0	1.5	820	$1,700	$2.07	5d	1	0.45mi
2355 SW 15th St Deerfield Beach, FL	2.0	2.0	1100	$2,098	$1.91	25d	2	0.46mi
111 Oakridge I #111 Deerfield Beach, FL	1.0	1.5	706	$1,595	$2.26	25d	1	0.46mi
316 Markham Cres Deerfield Beach, FL	2.0	1.5	820	$1,800	$2.20	25d	1	0.46mi
358 Markham Cres Unit 358 Deerfield Beach, FL	1.0	1.5	700	$1,500	$2.14	25d	1	0.47mi
295 Newport Dr Unit 295 Deerfield Beach, FL	1.0	1.0	595	$1,450	$2.44	25d	1	0.55mi
226 Newport O Deerfield Beach, FL	1.0	1.5	700	$1,700	$2.43	25d	1	0.63mi
226 Newport O Deerfield Beach, FL	1.0	1.5	700	$1,600	$2.29	3d	1	0.63mi
125 Newport I Unit I Deerfield Beach, FL	1.0	1.5	700	$1,600	$2.29	25d	1	0.63mi
193 Newport Ct #193 Deerfield Beach, FL	2.0	1.5	820	$2,200	$2.68	25d	1	0.64mi
3016 Cambridge A Unit A Deerfield Beach, FL	1.0	1.5	700	$1,350	$1.93	25d	1	0.65mi
111 Tilford F #111 Deerfield Beach, FL	1.0	1.0	585	$1,500	$2.56	21d	1	0.69mi
111 Tilford F #111 Deerfield Beach, FL	1.0	1.0	585	$1,500	$2.56	6d	1	0.69mi
181 Newport Ct #181 Deerfield Beach, FL	1.0	1.5	700	$1,650	$2.36	25d	1	0.69mi
170 Newport K Deerfield Beach, FL	1.0	1.0	585	$1,430	$2.44	25d	1	0.69mi
27 Newport B Deerfield Beach, FL	1.0	1.5	700	$1,550	$2.21	22d	1	0.72mi
25 Newport Ct Unit 25 Deerfield Beach, FL	1.0	1.0	700	$1,549	$2.21	25d	1	0.72mi
188 Prescott E Unit 188 Deerfield Beach, FL	1.0	1.5	700	$1,800	$2.57	25d	1	0.75mi
178 Durham E Unit 178 Deerfield Beach, FL	1.0	1.0	593	$1,350	$2.28	11d	1	0.76mi
178 Durham E Unit 178 Deerfield Beach, FL	1.0	1.0	593	$1,350	$2.28	3d	1	0.76mi
184 Tilford I Unit I Deerfield Beach, FL	2.0	1.5	820	$2,000	$2.44	25d	1	0.76mi
181 Tilford I Unit I Deerfield Beach, FL	1.0	1.5	700	$1,350	$1.93	25d	1	0.76mi
20 Prescott E Unit 20 Deerfield Beach, FL	1.0	1.5	700	$1,600	$2.29	25d	1	0.77mi

HOA detail condo

• Monthly dues: $574 · $6,888/yr
• Likely covers: poolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 28 events

1. 2026-06-18
   days on market $140,900 Active 99 DOM
2. 2026-06-17
   days on market $140,900 Active 98 DOM
3. 2026-06-16
   days on market $140,900 Active 97 DOM
4. 2026-06-15
   days on market $140,900 Active 96 DOM
5. 2026-06-13
   days on market $140,900 Active 94 DOM
6. 2026-06-09
   days on market $140,900 Active 90 DOM
7. 2026-06-07
   days on market $140,900 Active 88 DOM
8. 2026-06-04
   days on market $140,900 Active 85 DOM
9. 2026-06-03
   days on market $140,900 Active 84 DOM
10. 2026-06-02
    days on market $140,900 Active 83 DOM
11. 2026-06-01
    days on market $140,900 Active 82 DOM
12. 2026-05-31
    days on market $140,900 Active 81 DOM
13. 2026-05-08
    price $140,900
14. 2026-03-19
    historical $1,790
15. 2026-01-22
    listed $159,900 Active
16. 2026-01-09
    price $1,790
17. 2025-12-04
    listed $2,500
18. 2021-03-15
    soldstatus $83,000
19. 2021-03-12
    soldstatus $83,000 Closed 485-char remark

    Show marketing remark (485 chars)

    Enjoy the beautiful lake view from the sunroom of this 2 bed 1.5 bath condo. Tile flooring, galley kitchen, Newer AC and Refrigerator. This is a rentable building after 1 year of ownership. We've had seasonal tenants the last few years at $2,300. per month for 4+ months. Century Village offers the finest in 55+ lifestyle amenities with its 150,000 sq' clubhouse, tennis, pools billiards, fitness center, pickleball, security, shuttle service and so much more? You'll love this place.

20. 2021-02-03
    status Pending 485-char remark

    Show marketing remark (485 chars)

    Enjoy the beautiful lake view from the sunroom of this 2 bed 1.5 bath condo. Tile flooring, galley kitchen, Newer AC and Refrigerator. This is a rentable building after 1 year of ownership. We've had seasonal tenants the last few years at $2,300. per month for 4+ months. Century Village offers the finest in 55+ lifestyle amenities with its 150,000 sq' clubhouse, tennis, pools billiards, fitness center, pickleball, security, shuttle service and so much more? You'll love this place.

21. 2020-11-25
    listed $89,900 Active 485-char remark

    Show marketing remark (485 chars)

    Enjoy the beautiful lake view from the sunroom of this 2 bed 1.5 bath condo. Tile flooring, galley kitchen, Newer AC and Refrigerator. This is a rentable building after 1 year of ownership. We've had seasonal tenants the last few years at $2,300. per month for 4+ months. Century Village offers the finest in 55+ lifestyle amenities with its 150,000 sq' clubhouse, tennis, pools billiards, fitness center, pickleball, security, shuttle service and so much more? You'll love this place.

22. 2019-12-12
    historical
23. 2019-05-15
    listed $89,900 Active
24. 2015-11-06
    soldstatus $57,500
25. 2007-08-22
    soldstatus $72,000
26. 2002-07-02
    soldstatus $39,500
27. 2000-11-15
    soldstatus $32,000
28. 1978-09-01
    soldstatus $30,700

ⓘ 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: $2,968 · $247/mo
• Projected year-2 tax: $2,968 · $247/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,161
• − Mortgage interest: −$7,893
• − Property taxes: −$2,968
• − Insurance: −$704
• − Repairs & maintenance: −$2,013
• − Management: −$2,013
• − HOA: −$6,888
• − Depreciation: −$4,099
• Taxable loss: −$1,417
• Est. tax savings @ 24.0%: +$340
• After-tax cash flow: $790/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 — Deerfield Beach

• Score: 75/100
• State rank: #250
• US rank: #3970

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Deerfield Beach, FL
• County: Broward County · 1,963,430 people
• City population: 61,449
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 31,296
• Household income: $53,254
• Rent vs Own: 30.3% rent · 69.7% own
• Severe rent burden: 2169.0

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 0.61)
• Race & ethnicity: White 57% Hispanic / Latino 23% Two or more races 19% Black 10% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4% Cuban 3%
• Common ancestry: Estonian 7% Romanian 4% Hispanic 3%
• Foreign-born: 34% · Canada, Jamaica, Dominican Republic
• Languages at home: 59% English-only · Spanish 20% Other Indo-European 13% French/Haitian/Cajun 4%

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: ▼ -280.44%
• Current HPI: 323.0166
• Rent YoY: ▲ 0.10%
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+359.0% since first listed

16 events — show timeline

• 2026-05-08 Price Changed $140,900 Beaches MLS
• 2026-03-19 Rental Removed $1,790 GFLMLS
• 2026-01-22 Listed $159,900 Beaches MLS
• 2026-01-09 Price Changed $1,790 GFLMLS
• 2025-12-04 Listed for Rent $2,500 GFLMLS
• 2021-03-15 Sold (Public Records) $83,000 Public Records
• 2021-03-12 Sold (MLS) $83,000 Beaches MLS
• 2021-02-03 Pending — Beaches MLS
• 2020-11-25 Listed $89,900 Beaches MLS
• 2019-12-12 Listing Removed — Beaches MLS
• 2019-05-15 Listed $89,900 Beaches MLS
• 2015-11-06 Sold (Public Records) $57,500 Public Records
• 2007-08-22 Sold (Public Records) $72,000 Public Records
• 2002-07-02 Sold (Public Records) $39,500 Public Records
• 2000-11-15 Sold (Public Records) $32,000 Public Records
• 1978-09-01 Sold (Public Records) $30,700 Public Records

Property tax history

+24.7%/yr

Latest (2025): $2,968 · +5.0% YoY. Source: county tax records.