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2001 Atlantic Shores Blvd #312
B- Composite 69.0
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 +28.3/30.0
  • 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

$219,000

2001 Atlantic Shores Blvd #312 · Hallandale Beach, FL 33009
1 bd · 2.0 ba · 1,100 sqft · Condo public records · 77 Days on market
Built 1975 $649/mo HOA · 17% of rent

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

Listing remarks MLS

Beautiful and spacious 1 bedroom 1 1/2 bathrooms, condo located in the heart of Hallandale Beach. well kept condominium close to shopping, restaurants, schools, Beach, Aventura & easy access to highways Very large spacious open floor plan living and dining area. Bedroom consist of a large master suite. Unit overlooks community tennis courts and more. A must see!

Key facts

  • $649 HOA
  • Garage
  • Community pool

Property features AI

Finance

  • Financial info: Pets allowed with restrictions
  • HOA & community: Monthly association fee; Association fee covers amenities, grounds maintenance, sewer and trash; Community amenities include clubhouse, elevators, laundry, barbecue, picnic area, pool and tennis courts

Exterior

  • Parking: 1 covered parking space; 1 garage space
  • Security: Intercom; Key card entry; Secured lobby
  • Utilities: Central cooling; Electric heating
  • Home design: Attached property; 5-story building; Entry on level 3
  • Construction: Block construction; Effective year built
  • Exterior features: Balcony; Open balcony/patio; Fruit trees; Tennis courts; Association heated pool; Canal-front waterfront

Interior

  • Kitchen: Electric range; Disposal; Refrigerator
  • Bedrooms: Bedroom on main level
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Electric heating; Central air; Ceiling fans
  • Interior features: Built-in features; Closet cabinetry; Pantry; Elevator
  • Laundry & utility: Common area laundry

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/2.0-bath condo listed at $219k.

Deal economics

  • At list price, monthly cash flow is $272 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $219k).
  • Recommended offer: $206k (6.0% below list) — sets the bar for market timing.
  • Cap rate 10.1% 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; 1373 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 $3,776/mo this rent would consume 87% 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 $2k of loan paydown is wiped out by about $7k 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 77 days — a 6% lower offer ($206k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 6y ago; this cycle's ask is 11426% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $163k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $205,860 (6.0% below list)

Questions for the listing agent

  1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. 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?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. 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.
  9. 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.
  10. 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
1.72%
Cap rate
10.12%
Cash-on-cash
13.67%
DSCR
1.61
GRM
4.8

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
-12.7%
Equity multiple
0.56×
Total profit
$-26,896
Equity at exit
$32,654
10-year hold
IRR
-11.9%
Equity multiple
0.43×
Total profit
$-35,004
Equity at exit
$18,935

Cash invested: $61,320 (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
1373
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$3,776 high interval (Pro) →
Mortgage (P&I)
$1,148
Tax from tax record
$396 /mo · $4,750/yr
Insurance
$91
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$649
Vacancy / Maint / Mgmt
$793
Net cashflow
$272

Break-even live

Break-even rent $3,432
Max offer price $219,000
Occupancy floor 88%

Sensitivity live

Price -10% $396 -5% $334 +0% $272 +5% $210 +10% $148
Rent -10% $-26 -5% $123 +0% $272 +5% $421 +10% $570
Rate -1.0pp $382 -0.5pp $328 base $272 +0.5pp $215 +1.0pp $157

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
$54,750
Closing costs
$6,570
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2500 Parkview Dr #2518 Hallandale Beach, FL 2.0 2.0 1280 $4,000 $3.12 14d 1 0.34mi
2500 Parkview Dr #2518 Hallandale Beach, FL 2.0 2.0 1280 $4,000 $3.12 8d 1 0.34mi
1528 Wiley St Hollywood, FL 2.0 1.0 1488 $4,100 $2.76 25d 1 0.63mi
1755 E Hallandale Beach Blvd Unit 2207E Hallandale Beach, FL 2.0 2.0 1354 $3,950 $2.92 25d 1 0.64mi
1755 E Hallandale Beach Blvd Unit 1407E Hallandale Beach, FL 2.0 2.0 1354 $3,650 $2.70 25d 1 0.64mi
2401 S Ocean Dr #1405 Hollywood, FL 2.0 2.0 1250 $4,250 $3.40 25d 1 0.65mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,000 $4.12 8d 7 0.65mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,400 $4.53 11d 6 0.65mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $3,800 $3.91 20d 8 0.65mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,200 $4.32 15d 7 0.65mi
101 Diplomat Pkwy Hallandale Beach, FL 1.0 1.0 859 $3,740 $4.35 25d 1 0.66mi
2101 S Ocean Dr #1201 Hollywood, FL 2.0 2.0 1270 $4,200 $3.31 25d 1 0.66mi
2751 S Ocean Dr Unit 1705 Hollywood, FL 2.0 2.0 1360 $5,000 $3.68 8d 1 0.66mi
2751 S Ocean Dr Unit 1706S Hollywood, FL 2.0 2.0 1360 $5,000 $3.68 25d 1 0.66mi
3001 S Ocean Dr #1211 Hollywood, FL 2.0 2.0 1208 $4,750 $3.93 25d 1 0.67mi
3001 S Ocean Dr #1211 Hollywood, FL 2.0 2.0 1208 $4,750 $3.93 8d 1 0.67mi
2201 S Ocean Dr #2001 Hollywood, FL 2.0 2.0 1400 $3,800 $2.71 14d 1 0.67mi
2201 S Ocean Dr #1507 Hollywood, FL 2.0 2.0 1350 $5,000 $3.70 25d 1 0.67mi
3505 S Ocean Dr Hollywood, FL 1.0–2.0 1.5–2.0 1085 $3,900 $3.59 13d 17 0.68mi
3505 S Ocean Dr Hollywood, FL 1.0–2.0 1.5–2.0 1085 $3,600 $3.32 11d 18 0.68mi
3505 S Ocean Dr Unit 1049820P Hollywood, FL 1.0 1.0 785 $4,827 $6.15 3d 1 0.69mi
2301 S Ocean Dr #607 Hollywood, FL 2.0 2.0 1240 $4,000 $3.23 25d 1 0.70mi
2301 S Ocean Dr #2507 Hollywood, FL 2.0 2.0 1240 $4,300 $3.47 25d 1 0.70mi
2301 S Ocean Dr #2003 Hollywood, FL 2.0 2.0 1400 $5,500 $3.93 25d 1 0.70mi
3800 S Ocean Dr #1818 Hollywood, FL 2.0 2.0 1270 $4,200 $3.31 8d 1 0.74mi
3800 S Ocean Dr #1818 Hollywood, FL 2.0 2.0 1270 $3,800 $2.99 5d 1 0.74mi
3800 S Ocean Dr Hollywood, FL 2.0 2.0 1301 $3,775 $2.90 6d 2 0.75mi
3800 S Ocean Dr Hollywood, FL 2.0 2.0 1302 $3,750 $2.88 4d 3 0.75mi
3725 S Ocean Dr Hollywood, FL 2.0–3.0 2.0 1454 $4,000 $2.75 25d 6 0.79mi
3725 S Ocean Dr Hollywood, FL 2.0–3.0 2.0 1377 $4,000 $2.90 3d 7 0.79mi
3725 S Ocean Dr Hollywood, FL 2.0–3.0 2.0 1377 $4,000 $2.90 14d 8 0.79mi
3725 S Ocean Dr Unit 1339235P Hollywood, FL 2.0 2.0 1248 $5,429 $4.35 3d 1 0.79mi
4010 S Ocean Dr Hollywood, FL 1.0–3.0 1.0–3.5 1078 $5,000 $4.64 25d 5 0.81mi
2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $2,465 $2.92 2d 2 0.82mi
3801 S Ocean Dr Unit 10V Hollywood, FL 2.0 2.0 1176 $4,300 $3.66 25d 1 0.82mi
3801 S Ocean Dr Unit 7X Hollywood, FL 2.0 1.5 1236 $3,800 $3.07 25d 1 0.82mi
3801 S Ocean Dr Unit 7O Hollywood, FL 2.0 2.0 1173 $5,000 $4.26 6d 1 0.82mi
3801 S Ocean Dr Unit 4R Hollywood, FL 1.0 1.0 812 $3,850 $4.74 25d 1 0.82mi
3801 S Ocean Dr Unit 7O Hollywood, FL 2.0 2.0 1173 $5,000 $4.26 25d 1 0.82mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 3.0 1.0–3.0 1011 $3,862 $3.82 2d 5 0.83mi

HOA detail condo

Monthly dues
$649 · $7,788/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 22 events

  1. 2026-06-18
    days on market $219,000 Active 77 DOM
  2. 2026-06-17
    days on market $219,000 Active 76 DOM
  3. 2026-06-16
    days on market $219,000 Active 75 DOM
  4. 2026-06-15
    days on market $219,000 Active 74 DOM
  5. 2026-06-13
    days on market $219,000 Active 72 DOM
  6. 2026-06-09
    days on market $219,000 Active 68 DOM
  7. 2026-06-08
    days on market $219,000 Active 67 DOM
  8. 2026-06-07
    days on market $219,000 Active 66 DOM
  9. 2026-06-04
    days on market $219,000 Active 63 DOM
  10. 2026-06-03
    days on market $219,000 Active 62 DOM
  11. 2026-06-02
    days on market $219,000 Active 61 DOM
  12. 2026-06-01
    days on market $219,000 Active 60 DOM
  13. 2026-05-31
    days on market $219,000 Active 59 DOM
  14. 2026-05-16
    listed $1,900
  15. 2026-04-02
    listed $219,000 Active
  16. 2024-10-06
    historical $2,200
  17. 2024-05-12
    listed $2,200
  18. 2020-12-28
    soldstatus $163,000
  19. 2020-12-23
    soldstatus $163,000 Closed 370-char remark
    Show marketing remark (370 chars)

    Beautiful and spacious 1 bedroom 1 1/2 bathrooms, condo located in the heart of Hallandale Beach. well kept condominium close to shopping, restaurants, schools, Beach, Aventura & easy access to highways Very large spacious open floor plan living and dining area. Bedroom consist of a large master suite. Unit overlooks community tennis courts and more. A must see!

  20. 2020-11-20
    status Pending 370-char remark
    Show marketing remark (370 chars)

    Beautiful and spacious 1 bedroom 1 1/2 bathrooms, condo located in the heart of Hallandale Beach. well kept condominium close to shopping, restaurants, schools, Beach, Aventura & easy access to highways Very large spacious open floor plan living and dining area. Bedroom consist of a large master suite. Unit overlooks community tennis courts and more. A must see!

  21. 2020-11-08
    listed $179,900 Active 370-char remark
    Show marketing remark (370 chars)

    Beautiful and spacious 1 bedroom 1 1/2 bathrooms, condo located in the heart of Hallandale Beach. well kept condominium close to shopping, restaurants, schools, Beach, Aventura & easy access to highways Very large spacious open floor plan living and dining area. Bedroom consist of a large master suite. Unit overlooks community tennis courts and more. A must see!

  22. 1999-05-14
    soldstatus $50,000

ⓘ 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
$4,750 · $396/mo
Projected year-2 tax
$4,750 · $396/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 7/10 Severe FEMA zone AE · 76% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 27 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 · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$45,312
− Mortgage interest
−$12,267
− Property taxes
−$4,750
− Insurance
−$6,214
− Repairs & maintenance
−$3,625
− Management
−$3,625
− HOA
−$7,788
− Depreciation
−$6,371
Taxable income
$672
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$161
After-tax cash flow
$3,102/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

-96.2% since first listed
9 events — show timeline
  • 2026-05-16 Listed for Rent $1,900 MARMLS
  • 2026-04-02 Listed $219,000 MARMLS
  • 2024-10-06 Rental Removed $2,200 GFLMLS
  • 2024-05-12 Listed for Rent $2,200 GFLMLS
  • 2020-12-28 Sold (Public Records) $163,000 Public Records
  • 2020-12-23 Sold (MLS) $163,000 MARMLS
  • 2020-11-20 Pending MARMLS
  • 2020-11-08 Listed $179,900 MARMLS
  • 1999-05-14 Sold (Public Records) $50,000 Public Records

Property tax history

+14.4%/yr

Latest (2025): $4,750 · +1.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…