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455 Paradise Isle Blvd #101 🏢 Co-op
C+ Composite 60.12
Why this score? — see what drove the C+ 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 +23.8/30.0
  • 1% rule +7.9/10.0
  • DSCR +7.7/10.0
  • 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

$319,000

455 Paradise Isle Blvd #101 · Hallandale Beach, FL 33009
2 bd · 2.0 ba · 1,050 sqft · Condo public records · 66 Days on market
Built 1965 $422/mo HOA

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

Listing remarks MLS

BACK ON THE MARKET! . .VERY RARE 1ST FLOOR CORNER 2/2 1050 SQ FT WITH SPECTACULAR WATERFRONT VIEWS LOOKING DIRECTLY AT MILLION DOLLAR HOMES AND YACHTS! LOCATED IN THE 55+ PRIVATE ISLAND CO-OP COMMUNITY OF PARADISE ISLES HALLANDALE! THIS IS A CO-OP. . CASH ONLY! PRICE IS FIRM AND BEING SOLD TRULY AS IS. UNIT IS A BLANK SLATE READY FOR NEW OWNER AND UPDATES! NO RENTALS FOR 5 YEARS. NO BOAT DOCKAGE AVAILABLE! LIGHT AND BRIGHT SPLIT BEDROOM PLAN WITH WINDOWS IN EVERY ROOM! A TRUE CORNER UNIT! VIEWS EVERYWHERE! UNIT LOCATED DIRECTLY ACROSS FROM THE POOL!, LOW MAINTENANCE FEE WITH CABLE INCLUDED! HURRICANE SHUTTERS THRU-OUT! NO WASHER DRYER IN UNIT! LAUNDRY ROOM IS SHORT WALK FROM UNIT! EASY TO SHOW THRU SHOWTIME

Key facts

  • Gourmet kitchen
  • Waterfront living
  • Corner unit

Tags

CORNER UNITGOURMET KITCHENIMPACT WINDOWSPRIVATE SCREENED PATIOWATERFRONT LIVING

Property features AI

Finance

  • Financial info: Pets not allowed
  • HOA & community: Monthly association fee of $422; Association covers common areas, cable TV, laundry, structural maintenance, parking, reserve fund, roof, sewer, trash, and water; Community amenities: clubhouse, association pool, elevators; Senior community

Exterior

  • Parking: One assigned parking space
  • Utilities: Water connected; Sewer connected; Electric service
  • Home design: Attached property; 4 total stories; First-floor entry; Has a view
  • Construction: Block construction; Resale property
  • Exterior features: Enclosed porch; Porch with screened area; Canal-front waterfront

Interior

  • Kitchen: Dishwasher; Electric range; Disposal; Microwave; Refrigerator
  • Bedrooms: Bedroom on main level
  • Flooring: Ceramic tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning (electric)
  • Interior features: First-floor entry; Bedroom on main level; Ceramic tile flooring

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏢 Co-op / cooperative unit. The $319,000 price buys shares in the cooperative corporation, not the real estate itself — so it isn't comparable to a fee-simple sale price, and the cashflow / cap-rate / 1%-rule cards below (which assume you own the property and can rent it out) don't apply here. Expect board approval and a monthly maintenance fee on top of the price.

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $319k.

Deal economics

  • At list price, monthly cash flow is $186 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $319k).
  • Recommended offer: $300k (6.0% below list) — sets the bar for market timing.
  • Cap rate 8.6% 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; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 $4,119/mo this rent would consume 95% 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 $10k 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 66 days — a 6% lower offer ($300k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $235k; 36% 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 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $299,860 (6.0% below list)

Questions for the listing agent

  1. It's been on market 66 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 1965 — 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
1.29%
Cap rate
8.60%
Cash-on-cash
8.24%
DSCR
1.37
GRM
6.5

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
-16.2%
Equity multiple
0.44×
Total profit
$-49,608
Equity at exit
$47,564
10-year hold
IRR
-15.5%
Equity multiple
0.26×
Total profit
$-65,976
Equity at exit
$27,581

Cash invested: $89,320 (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
1380
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$4,119 high interval (Pro) →
Mortgage (P&I)
$1,673
Tax from tax record
$414 /mo · $4,963/yr
Insurance
$133
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$422
Vacancy / Maint / Mgmt
$865
Net cashflow
$186

Break-even live

Break-even rent $3,883
Max offer price $319,000
Occupancy floor 90%

Sensitivity live

Price -10% $367 -5% $277 +0% $186 +5% $96 +10% $6
Rent -10% $-139 -5% $24 +0% $186 +5% $349 +10% $512
Rate -1.0pp $347 -0.5pp $268 base $186 +0.5pp $104 +1.0pp $20

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
$79,750
Closing costs
$9,570
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
201 Golden Isles Dr #302 Hallandale Beach, FL 2.0 2.0 1150 $3,975 $3.46 25d 1 0.33mi
121 Golden Isles Dr #1 Hallandale Beach, FL 2.0 2.0 1379 $4,000 $2.90 25d 1 0.42mi
1745 E Hallandale Beach Blvd Unit 2302W Hallandale Beach, FL 3.0 2.0 1481 $3,900 $2.63 25d 1 0.45mi
1745 E Hallandale Beach Blvd Unit 802W Hallandale Beach, FL 3.0 2.0 1481 $3,600 $2.43 25d 1 0.45mi
1745 E Hallandale Beach Blvd Unit 2302W Hallandale Beach, FL 3.0 2.0 1481 $3,900 $2.63 16d 1 0.45mi
1180 E Hallandale Beach Blvd Unit 1241877P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $5,453 $6.46 4d 2 0.46mi
101 Diplomat Pkwy Hallandale Beach, FL 1.0 1.0 859 $3,740 $4.35 25d 1 0.46mi
1755 E Hallandale Beach Blvd Unit 1407E Hallandale Beach, FL 2.0 2.0 1354 $3,650 $2.70 25d 1 0.48mi
1755 E Hallandale Beach Blvd Unit 2207E Hallandale Beach, FL 2.0 2.0 1354 $3,950 $2.92 25d 1 0.48mi
2017 S Ocean Dr #1107 Hallandale Beach, FL 2.0 2.0 1270 $3,900 $3.07 15d 1 0.53mi
1965 S Ocean Dr Unit 14F Hallandale Beach, FL 2.0 2.0 1275 $4,800 $3.76 0d 1 0.55mi
1985 S Ocean Dr Unit 9G Hallandale Beach, FL 2.0 2.0 1240 $3,700 $2.98 25d 1 0.55mi
1985 S Ocean Dr Unit 21P Hallandale Beach, FL 2.0 2.0 1380 $3,800 $2.75 8d 1 0.55mi
1985 S Ocean Dr Unit 22P Hallandale Beach, FL 2.0 2.0 1380 $4,000 $2.90 25d 1 0.55mi
2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $4,219 $5.00 3d 2 0.56mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 3.0 1.0–3.0 1011 $5,495 $5.44 3d 5 0.56mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 1.0–2.0 1.0–2.0 1070 $5,950 $5.56 21d 4 0.56mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 1.0–2.0 1.0–2.0 1092 $5,950 $5.45 25d 3 0.56mi
2600 E Hallandale Beach Blvd Unit T3208 Hallandale Beach, FL 2.0 2.0 1030 $6,950 $6.75 25d 1 0.56mi
2600 E Hallandale Beach Blvd Unit T3307 Hallandale Beach, FL 2.0 2.0 1030 $4,500 $4.37 25d 1 0.56mi
2600 E Hallandale Beach Blvd Unit T3110 Hallandale Beach, FL 2.0 2.0 1028 $3,650 $3.55 25d 1 0.56mi
2069 S Ocean Dr Unit TH12 Hallandale Beach, FL 3.0 3.0 1500 $4,800 $3.20 25d 1 0.59mi
2069 S Ocean Dr Unit TH12 Hallandale Beach, FL 3.0 3.0 1500 $4,800 $3.20 11d 1 0.59mi
1945 S Ocean Dr Hallandale Beach, FL 2.0–3.0 2.0–3.0 1542 $4,500 $2.92 13d 2 0.59mi
1945 S Ocean Dr Hallandale Beach, FL 2.0–3.0 2.0–3.0 1542 $4,000 $2.59 16d 3 0.59mi
1945 S Ocean Dr Hallandale Beach, FL 2.0–3.0 2.0–2.5 1522 $3,650 $2.40 19d 3 0.59mi
1945 S Ocean Dr Hallandale Beach, FL 2.0–3.0 2.0–3.0 1542 $4,500 $2.92 8d 2 0.59mi
2065 S Ocean Dr Unit 1049793P Hallandale Beach, FL 2.0 2.0 871 $4,971 $5.71 8d 1 0.67mi
1880 N Ocean Dr Unit TS705 Hallandale Beach, FL 2.0 2.0 1350 $5,000 $3.70 25d 1 0.68mi
1880 N Ocean Dr Unit TS705 Hallandale Beach, FL 2.0 2.0 1350 $4,900 $3.63 16d 1 0.68mi
1880 N Ocean Dr Unit TS705 Hallandale Beach, FL 2.0 2.0 1350 $5,000 $3.70 18d 1 0.68mi
2030 S Ocean Dr Hallandale Beach, FL 2.0 2.0 1280 $4,800 $3.75 4d 7 0.69mi
2030 S Ocean Dr Hallandale Beach, FL 2.0 2.0 1280 $4,750 $3.71 3d 9 0.69mi
2030 S Ocean Dr Hallandale Beach, FL 2.0 2.0 1280 $4,825 $3.77 25d 9 0.69mi
2030 S Ocean Dr Hallandale Beach, FL 2.0 2.0 1280 $4,850 $3.79 6d 7 0.69mi
2030 S Ocean Dr Hallandale Beach, FL 2.0 2.0 1280 $4,775 $3.73 3d 8 0.69mi
2721 E Hallandale Beach Blvd Unit 1049818P Hollywood, FL 1.0–2.0 1.0–2.0 946 $5,897 $6.23 4d 2 0.69mi
1904 S Ocean Dr #1707 Hallandale Beach, FL 2.0 2.0 1350 $5,000 $3.70 25d 1 0.70mi
1950 S Ocean Dr Unit 3D Hallandale Beach, FL 1.0 1.5 870 $3,950 $4.54 6d 1 0.70mi
1950 S Ocean Dr Unit 12M Hallandale Beach, FL 1.0 1.5 870 $3,800 $4.37 3d 1 0.70mi

HOA detail condo

Monthly dues
$422 · $5,064/yr
Likely covers
watercablepool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 22 events

  1. 2026-06-21
    days on market $319,000 Active 66 DOM
  2. 2026-06-18
    days on market $319,000 Active 63 DOM
  3. 2026-06-17
    days on market $319,000 Active 62 DOM
  4. 2026-06-16
    days on market $319,000 Active 61 DOM
  5. 2026-06-15
    days on market $319,000 Active 60 DOM
  6. 2026-06-13
    days on market $319,000 Active 58 DOM
  7. 2026-06-09
    days on market $319,000 Active 54 DOM
  8. 2026-06-08
    days on market $319,000 Active 53 DOM
  9. 2026-06-07
    days on market $319,000 Active 52 DOM
  10. 2026-06-04
    days on market $319,000 Active 49 DOM
  11. 2026-06-03
    days on market $319,000 Active 48 DOM
  12. 2026-06-02
    days on market $319,000 Active 47 DOM
  13. 2026-06-01
    days on market $319,000 Active 46 DOM
  14. 2026-05-31
    days on market $319,000 Active 45 DOM
  15. 2026-04-05
    listed $319,000 Active
  16. 2023-12-11
    soldstatus $235,000 Closed 730-char remark
    Show marketing remark (730 chars)

    BACK ON THE MARKET! . .VERY RARE 1ST FLOOR CORNER 2/2 1050 SQ FT WITH SPECTACULAR WATERFRONT VIEWS LOOKING DIRECTLY AT MILLION DOLLAR HOMES AND YACHTS! LOCATED IN THE 55+ PRIVATE ISLAND CO-OP COMMUNITY OF PARADISE ISLES HALLANDALE! THIS IS A CO-OP. . CASH ONLY! PRICE IS FIRM AND BEING SOLD TRULY AS IS. UNIT IS A BLANK SLATE READY FOR NEW OWNER AND UPDATES! NO RENTALS FOR 5 YEARS. NO BOAT DOCKAGE AVAILABLE! LIGHT AND BRIGHT SPLIT BEDROOM PLAN WITH WINDOWS IN EVERY ROOM! A TRUE CORNER UNIT! VIEWS EVERYWHERE! UNIT LOCATED DIRECTLY ACROSS FROM THE POOL!, LOW MAINTENANCE FEE WITH CABLE INCLUDED! HURRICANE SHUTTERS THRU-OUT! NO WASHER DRYER IN UNIT! LAUNDRY ROOM IS SHORT WALK FROM UNIT! EASY TO SHOW THRU SHOWTIME

  17. 2023-11-09
    historical Active Under Contract 730-char remark
    Show marketing remark (730 chars)

    BACK ON THE MARKET! . .VERY RARE 1ST FLOOR CORNER 2/2 1050 SQ FT WITH SPECTACULAR WATERFRONT VIEWS LOOKING DIRECTLY AT MILLION DOLLAR HOMES AND YACHTS! LOCATED IN THE 55+ PRIVATE ISLAND CO-OP COMMUNITY OF PARADISE ISLES HALLANDALE! THIS IS A CO-OP. . CASH ONLY! PRICE IS FIRM AND BEING SOLD TRULY AS IS. UNIT IS A BLANK SLATE READY FOR NEW OWNER AND UPDATES! NO RENTALS FOR 5 YEARS. NO BOAT DOCKAGE AVAILABLE! LIGHT AND BRIGHT SPLIT BEDROOM PLAN WITH WINDOWS IN EVERY ROOM! A TRUE CORNER UNIT! VIEWS EVERYWHERE! UNIT LOCATED DIRECTLY ACROSS FROM THE POOL!, LOW MAINTENANCE FEE WITH CABLE INCLUDED! HURRICANE SHUTTERS THRU-OUT! NO WASHER DRYER IN UNIT! LAUNDRY ROOM IS SHORT WALK FROM UNIT! EASY TO SHOW THRU SHOWTIME

  18. 2023-09-16
    status Active 730-char remark
    Show marketing remark (730 chars)

    BACK ON THE MARKET! . .VERY RARE 1ST FLOOR CORNER 2/2 1050 SQ FT WITH SPECTACULAR WATERFRONT VIEWS LOOKING DIRECTLY AT MILLION DOLLAR HOMES AND YACHTS! LOCATED IN THE 55+ PRIVATE ISLAND CO-OP COMMUNITY OF PARADISE ISLES HALLANDALE! THIS IS A CO-OP. . CASH ONLY! PRICE IS FIRM AND BEING SOLD TRULY AS IS. UNIT IS A BLANK SLATE READY FOR NEW OWNER AND UPDATES! NO RENTALS FOR 5 YEARS. NO BOAT DOCKAGE AVAILABLE! LIGHT AND BRIGHT SPLIT BEDROOM PLAN WITH WINDOWS IN EVERY ROOM! A TRUE CORNER UNIT! VIEWS EVERYWHERE! UNIT LOCATED DIRECTLY ACROSS FROM THE POOL!, LOW MAINTENANCE FEE WITH CABLE INCLUDED! HURRICANE SHUTTERS THRU-OUT! NO WASHER DRYER IN UNIT! LAUNDRY ROOM IS SHORT WALK FROM UNIT! EASY TO SHOW THRU SHOWTIME

  19. 2023-08-17
    historical Active Under Contract 730-char remark
    Show marketing remark (730 chars)

    BACK ON THE MARKET! . .VERY RARE 1ST FLOOR CORNER 2/2 1050 SQ FT WITH SPECTACULAR WATERFRONT VIEWS LOOKING DIRECTLY AT MILLION DOLLAR HOMES AND YACHTS! LOCATED IN THE 55+ PRIVATE ISLAND CO-OP COMMUNITY OF PARADISE ISLES HALLANDALE! THIS IS A CO-OP. . CASH ONLY! PRICE IS FIRM AND BEING SOLD TRULY AS IS. UNIT IS A BLANK SLATE READY FOR NEW OWNER AND UPDATES! NO RENTALS FOR 5 YEARS. NO BOAT DOCKAGE AVAILABLE! LIGHT AND BRIGHT SPLIT BEDROOM PLAN WITH WINDOWS IN EVERY ROOM! A TRUE CORNER UNIT! VIEWS EVERYWHERE! UNIT LOCATED DIRECTLY ACROSS FROM THE POOL!, LOW MAINTENANCE FEE WITH CABLE INCLUDED! HURRICANE SHUTTERS THRU-OUT! NO WASHER DRYER IN UNIT! LAUNDRY ROOM IS SHORT WALK FROM UNIT! EASY TO SHOW THRU SHOWTIME

  20. 2023-07-13
    status Active 730-char remark
    Show marketing remark (730 chars)

    BACK ON THE MARKET! . .VERY RARE 1ST FLOOR CORNER 2/2 1050 SQ FT WITH SPECTACULAR WATERFRONT VIEWS LOOKING DIRECTLY AT MILLION DOLLAR HOMES AND YACHTS! LOCATED IN THE 55+ PRIVATE ISLAND CO-OP COMMUNITY OF PARADISE ISLES HALLANDALE! THIS IS A CO-OP. . CASH ONLY! PRICE IS FIRM AND BEING SOLD TRULY AS IS. UNIT IS A BLANK SLATE READY FOR NEW OWNER AND UPDATES! NO RENTALS FOR 5 YEARS. NO BOAT DOCKAGE AVAILABLE! LIGHT AND BRIGHT SPLIT BEDROOM PLAN WITH WINDOWS IN EVERY ROOM! A TRUE CORNER UNIT! VIEWS EVERYWHERE! UNIT LOCATED DIRECTLY ACROSS FROM THE POOL!, LOW MAINTENANCE FEE WITH CABLE INCLUDED! HURRICANE SHUTTERS THRU-OUT! NO WASHER DRYER IN UNIT! LAUNDRY ROOM IS SHORT WALK FROM UNIT! EASY TO SHOW THRU SHOWTIME

  21. 2023-07-10
    historical Active Under Contract 730-char remark
    Show marketing remark (730 chars)

    BACK ON THE MARKET! . .VERY RARE 1ST FLOOR CORNER 2/2 1050 SQ FT WITH SPECTACULAR WATERFRONT VIEWS LOOKING DIRECTLY AT MILLION DOLLAR HOMES AND YACHTS! LOCATED IN THE 55+ PRIVATE ISLAND CO-OP COMMUNITY OF PARADISE ISLES HALLANDALE! THIS IS A CO-OP. . CASH ONLY! PRICE IS FIRM AND BEING SOLD TRULY AS IS. UNIT IS A BLANK SLATE READY FOR NEW OWNER AND UPDATES! NO RENTALS FOR 5 YEARS. NO BOAT DOCKAGE AVAILABLE! LIGHT AND BRIGHT SPLIT BEDROOM PLAN WITH WINDOWS IN EVERY ROOM! A TRUE CORNER UNIT! VIEWS EVERYWHERE! UNIT LOCATED DIRECTLY ACROSS FROM THE POOL!, LOW MAINTENANCE FEE WITH CABLE INCLUDED! HURRICANE SHUTTERS THRU-OUT! NO WASHER DRYER IN UNIT! LAUNDRY ROOM IS SHORT WALK FROM UNIT! EASY TO SHOW THRU SHOWTIME

  22. 2023-06-08
    listed $240,000 Active 730-char remark
    Show marketing remark (730 chars)

    BACK ON THE MARKET! . .VERY RARE 1ST FLOOR CORNER 2/2 1050 SQ FT WITH SPECTACULAR WATERFRONT VIEWS LOOKING DIRECTLY AT MILLION DOLLAR HOMES AND YACHTS! LOCATED IN THE 55+ PRIVATE ISLAND CO-OP COMMUNITY OF PARADISE ISLES HALLANDALE! THIS IS A CO-OP. . CASH ONLY! PRICE IS FIRM AND BEING SOLD TRULY AS IS. UNIT IS A BLANK SLATE READY FOR NEW OWNER AND UPDATES! NO RENTALS FOR 5 YEARS. NO BOAT DOCKAGE AVAILABLE! LIGHT AND BRIGHT SPLIT BEDROOM PLAN WITH WINDOWS IN EVERY ROOM! A TRUE CORNER UNIT! VIEWS EVERYWHERE! UNIT LOCATED DIRECTLY ACROSS FROM THE POOL!, LOW MAINTENANCE FEE WITH CABLE INCLUDED! HURRICANE SHUTTERS THRU-OUT! NO WASHER DRYER IN UNIT! LAUNDRY ROOM IS SHORT WALK FROM UNIT! EASY TO SHOW THRU SHOWTIME

ⓘ 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
$4,963 · $414/mo
Projected year-2 tax
$4,963 · $414/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 8/10 Severe FEMA zone AE · 97% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 6 d/yr ≥103°F today · 21 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
$49,434
− Mortgage interest
−$17,869
− Property taxes
−$4,963
− Insurance
−$6,714
− Repairs & maintenance
−$3,955
− Management
−$3,955
− HOA
−$5,064
− Depreciation
−$9,280
Taxable loss
−$2,365
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$568
After-tax cash flow
$2,805/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

+32.9% since first listed
8 events — show timeline
  • 2026-04-05 Listed $319,000 MARMLS
  • 2023-12-11 Sold (MLS) $235,000 MARMLS
  • 2023-11-09 Contingent MARMLS
  • 2023-09-16 Relisted MARMLS
  • 2023-08-17 Contingent MARMLS
  • 2023-07-13 Relisted MARMLS
  • 2023-07-10 Contingent MARMLS
  • 2023-06-08 Listed $240,000 MARMLS

Property tax history

+6.7%/yr

Latest (2025): $4,963 · -3.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…