🏷️ Likely Rental
5208 NE 24th Ter Unit F124 · Fort Lauderdale, FL
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Cash flow +11.6/30.0
- 1% rule +8.8/10.0
- Livability +4.1/5.0
- Condition / age +4.0/5.0
- Schools +3.9/10.0
- DSCR +3.4/10.0
- Rent growth +3.4/5.0
- Appreciation +0.0/10.0
$169,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to Maybury Mansions, an ALL AGES hidden gem ideally located east of US-1 and just minutes from Lauderdale-by-the-Sea, beautiful beaches, shopping, dining, and major hospitals. This charming first-floor 2-bedroom, 1-bath garden condo offers the perfect blend of comfort, convenience, and value. Enjoy peaceful, lush garden views from your covered patio, creating a private outdoor retreat surrounded by mature tropical landscaping. Recent improvements include impact windows, a new roof, and a 2024 A/C, allowing you to move in with confidence. The low $597/month condo fee includes cable and internet, making ownership both affordable and convenient.
Key facts
- Lush garden views
- Spa
- New roof
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath condo listed at $169k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-52 ($-625/yr) — negative.
- To cash-flow at today's rent, offer at most $160k (5.4% below list).
- Meets the 1% rule at list price ($2k rent vs $169k).
- Recommended offer: $159k (6.0% below list) — sets the bar for market timing.
- Cap rate 5.9% vs local median 1.9% in Fort Lauderdale — 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 82/100 on livability (#78 in FL, #1,293 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, health & safety A+; Watch: cost of living 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: Mcnab Elementary School (math 51% / reading 63%, grade C+, #781 of 2,144 statewide, top 38%, 614 students, 56% FRL); Pompano Beach Middle School (math 29% / reading 40%, grade F, #421 of 571 statewide, top 74%, 1,040 students, 73% FRL); Northeast High School (math 12% / reading 37%, grade F, #505 of 667 statewide, top 79%, 1,552 students, 69% FRL).
- Market conditions: Rents rising (+3.6%/yr); 1131 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
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 88 days — a 6% lower offer ($159k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts 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.
Risks & watch-outs
- Watch-outs: HOA is 26% of rent.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 88 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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.
- 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.
- 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
- 1.38% ✓
- Cap rate
- 5.92%
- Cash-on-cash
- -1.32%
- DSCR
- 0.94
- GRM
- 6.0
CMA / ARV
- ARV (median comp)
- $220,649
- List price
- $169,000
- Delta
- -23.41%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5208 NE 24th Ter Unit F124 | 0.00mi | 2/1.0 | 875 (0%) | 0mo | $150,000 | $171 | 100 |
| 2500 NE 48th Ln #806 | 0.32mi | 1/1.5 (-1) | 841 (-4%) | 1mo | $196,000 | $233 | 71 |
| 1400 NE 57th St #304 | 1.26mi | 2/2.0 | 870 (-1%) | 0mo | $185,500 | $213 | 60 |
| 4800 Bayview Dr #802 | 0.40mi | 2/2.0 | 1,032 (+18%) | 0mo | $290,000 | $281 | 52 |
| 6260 NE 18th Ave #722 | 1.14mi | 2/1.0 | 950 (+9%) | 0mo | $147,000 | $155 | 50 |
| 5720 NE 22nd Way #406 | 0.45mi | 1/1.0 (-1) | 700 (-20%) | 1mo | $129,000 | $184 | 48 |
| 6000 NE 22nd Way Unit 7D | 0.78mi | 1/1.0 (-1) | 768 (-12%) | 0mo | $100,000 | $130 | 40 |
| 101 E Mcnab Rd #408 | 1.49mi | 2/2.0 | 1,000 (+14%) | 0mo | $200,000 | $200 | 37 |
| 2421 NE 65th St #217 | 1.20mi | 1/1.0 (-1) | 756 (-14%) | 0mo | $230,000 | $304 | 37 |
| 1831 NE 38th St #410 | 1.33mi | 1/1.0 (-1) | 680 (-22%) | 0mo | $179,500 | $264 | 35 |
| 2261 NE 67th St #1826 | 1.24mi | 1/1.5 (-1) | 756 (-14%) | 1mo | $125,000 | $165 | 35 |
| 1400 NE 42nd Ct | 1.37mi | 3/2.0 (+1) | 1,066 (+22%) | 0mo | $517,500 | $485 | 31 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.63% rent growth · sell at horizon
- IRR
- -17.0%
- Equity multiple
- 0.39×
- Total profit
- $-28,723
- Equity at exit
- $25,198
- IRR
- -6.6%
- Equity multiple
- 0.55×
- Total profit
- $-21,105
- Equity at exit
- $14,612
Cash invested: $47,320 (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
Active competition Active MLS
- For sale now
- 2 active · 3 under contract
- Median asking
- $267,500 ($288/sqft)
- Median days on market
- 111 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -12.5% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33308
- Rents YoY
- 3.6%
- Active inventory
- 1131
- Price-to-rent
- 6.0×
Monthly cashflow live
- Estimated rent
- $2,340 high interval (Pro) →
- Mortgage (P&I)
- −$886
- Tax from tax record
- −$347 /mo · $4,163/yr
- Insurance
- −$70
- HOA
- −$597
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$491
- Net cashflow
- $-52
Break-even live
Sensitivity live
| Price | -10% $44 | -5% $-4 | +0% $-52 | +5% $-100 | +10% $-148 |
|---|---|---|---|---|---|
| Rent | -10% $-237 | -5% $-144 | +0% $-52 | +5% $40 | +10% $133 |
| Rate | -1.0pp $33 | -0.5pp $-9 | base $-52 | +0.5pp $-96 | +1.0pp $-140 |
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
- $42,250
- Closing costs
- $5,070
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5300 NE 24th Ter Fort Lauderdale, FL | 2.0 | 2.0 | 928 | $2,000 | $2.16 | 3d | 2 | 0.05mi |
| 2453 NE 51st St Unit D309 Fort Lauderdale, FL | 2.0 | 2.0 | 875 | $2,500 | $2.86 | 3d | 1 | 0.08mi |
| 5321 NE 24th Ter Unit 305A Fort Lauderdale, FL | 2.0 | 2.0 | 928 | $1,980 | $2.13 | 3d | 1 | 0.08mi |
| 5321 NE 24th Ter Unit 305A Fort Lauderdale, FL | 2.0 | 2.0 | 928 | $1,980 | $2.13 | 2d | 1 | 0.08mi |
| 2901 NE 51st St #3 Fort Lauderdale, FL | 2.0 | 2.0 | 800 | $2,890 | $3.61 | 3d | 1 | 0.29mi |
| 4848 NE 23rd Ave Unit 7B Fort Lauderdale, FL | 1.0 | 1.0 | 666 | $1,900 | $2.85 | 3d | 1 | 0.30mi |
| 2500 NE 48th Ln #306 Fort Lauderdale, FL | 1.0 | 1.5 | 841 | $2,250 | $2.68 | 3d | 1 | 0.32mi |
| 2500 NE 48th Ln #306 Fort Lauderdale, FL | 1.0 | 1.5 | 841 | $2,250 | $2.68 | 2d | 1 | 0.32mi |
| 2591 NE 55th Ct #208 Fort Lauderdale, FL | 1.0 | 1.0 | 739 | $1,885 | $2.55 | 3d | 1 | 0.33mi |
| 2170 NE 51st Ct Fort Lauderdale, FL | 1.0 | 1.0 | 700 | $1,900 | $2.71 | 3d | 1 | 0.34mi |
| 5050 Bayview Dr Fort Lauderdale, FL | 2.0 | 2.0 | 880 | $2,000 | $2.27 | 3d | 1 | 0.35mi |
| 2175 NE 56th St Fort Lauderdale, FL | 2.0–3.0 | 1.0–2.0 | 960 | $1,900 | $1.98 | 2d | 2 | 0.37mi |
| 2230 NE 56th Pl #210 Fort Lauderdale, FL | 2.0 | 1.5 | 1000 | $1,895 | $1.90 | 3d | 1 | 0.39mi |
| 4800 Bayview Dr #303 Fort Lauderdale, FL | 2.0 | 2.0 | 1032 | $3,500 | $3.39 | 165d | 1 | 0.41mi |
| 5700 NE 22nd Way #324 Fort Lauderdale, FL | 2.0 | 2.0 | 1100 | $1,895 | $1.72 | 3d | 1 | 0.42mi |
| 2070 NE 56th St Unit 1 Fort Lauderdale, FL | 1.0 | 1.0 | 1000 | $1,950 | $1.95 | 3d | 1 | 0.44mi |
| 2167 NE 56th Ct Unit A Fort Lauderdale, FL | 2.0 | 2.0 | 1106 | $2,300 | $2.08 | 3d | 1 | 0.44mi |
| 2020 NE 56th St Fort Lauderdale, FL | 2.0 | 2.0 | 1000 | $2,000 | $2.00 | 3d | 1 | 0.50mi |
| 4529 NE 21st Ave #5 Fort Lauderdale, FL | 2.0 | 1.5 | 1080 | $2,500 | $2.31 | 3d | 1 | 0.51mi |
| 2051 NE 56th St #2 Fort Lauderdale, FL | 2.0 | 2.0 | 1000 | $2,500 | $2.50 | 3d | 1 | 0.52mi |
| 2041 NE 56th St Unit 1 Fort Lauderdale, FL | 3.0 | 2.0 | 1000 | $3,800 | $3.80 | 14d | 1 | 0.53mi |
| 2041 NE 56th St Unit 1 Fort Lauderdale, FL | 3.0 | 2.0 | 1000 | $3,800 | $3.80 | 10d | 1 | 0.53mi |
| 1920 NE 51st Ct #101 Fort Lauderdale, FL | 2.0 | 1.0 | 700 | $2,000 | $2.86 | 3d | 1 | 0.53mi |
| 5100 DuPont Blvd Unit 8L Fort Lauderdale, FL | 1.0 | 1.0 | 888 | $2,050 | $2.31 | 3d | 1 | 0.53mi |
| 5100 DuPont Blvd Unit 10N Fort Lauderdale, FL | 2.0 | 2.5 | 1079 | $6,000 | $5.56 | 100d | 1 | 0.53mi |
| 5122 NE 19th Ave #2 Fort Lauderdale, FL | 2.0 | 1.0 | 625 | $2,100 | $3.36 | 3d | 1 | 0.56mi |
| 4517 NE 21st Ave #2 Fort Lauderdale, FL | 1.0 | 1.0 | 605 | $1,800 | $2.98 | 3d | 1 | 0.57mi |
| 4501 NE 21st Ave Fort Lauderdale, FL | 1.0–2.0 | 1.5–2.0 | 852 | $2,150 | $2.52 | 3d | 2 | 0.63mi |
| 1821 NE 56th St Fort Lauderdale, FL | 2.0 | 1.0 | 800 | $2,000 | $2.50 | 3d | 1 | 0.71mi |
| 5340 NE 17th Ter Unit 1-2 Fort Lauderdale, FL | 3.0 | 3.0 | 1050 | $3,900 | $3.71 | 114d | 1 | 0.73mi |
| 1741 NE 55th St Fort Lauderdale, FL | 2.0 | 2.0 | 1050 | $2,700 | $2.57 | 3d | 1 | 0.77mi |
| 1611 NE 50th Ct Unit 1 Fort Lauderdale, FL | 2.0 | 2.0 | 825 | $3,000 | $3.64 | 131d | 1 | 0.81mi |
| 1701 NE 55th St Unit 1-2 Fort Lauderdale, FL | 2.0 | 2.0 | 850 | $2,499 | $2.94 | 3d | 1 | 0.83mi |
| 4512 Sea Grape Dr Unit 1 Lauderdale-By-The-Sea, FL | 1.0 | 1.0 | 853 | $3,500 | $4.10 | 165d | 1 | 0.84mi |
| 4422 Seagrape Dr Lauderdale by the Sea, FL | 2.0 | 1.0 | 1000 | $2,850 | $2.85 | 3d | 1 | 0.85mi |
| 4422 Seagrape Dr Lauderdale by the Sea, FL | 2.0 | 1.0 | 1000 | $2,850 | $2.85 | 28d | 1 | 0.85mi |
| 5712 NE 17th Ter Unit 5712 Fort Lauderdale, FL | 2.0 | 1.0 | 1000 | $2,650 | $2.65 | 3d | 1 | 0.86mi |
| 4421 Poinciana St Unit 2 Lauderdale-By-The-Sea, FL | 1.0 | 1.0 | 650 | $2,049 | $3.15 | 3d | 1 | 0.87mi |
| 4421 Poinciana St Unit 1 Lauderdale-By-The-Sea, FL | 1.0 | 1.0 | 650 | $2,200 | $3.38 | 3d | 1 | 0.87mi |
| 6200 NE 22nd Way #312 Fort Lauderdale, FL | 2.0 | 1.5 | 920 | $2,150 | $2.34 | 3d | 1 | 0.87mi |
Property features AI
Finance
- Other
- Community has 320 units
- Financial info
- No land leasePets not allowed
- HOA & community
- Part of Maybury Mansions associationMonthly HOA fee of 597HOA amenities include clubhouse, fitness center, heated pool, spa/hot tub, shuffleboard, car wash area, elevator(s), laundry, parking, storage, bike storage, community room, kitchen facilities, park, street lights, gated access, trash service, maintenance, internet included, and moreHOA fee includes cable TV, insurance, internet, grounds and structure maintenance, sewer, trash, water, elevator, hot water, roof repairs, recreation facility and pool service
Exterior
- Parking
- Assigned parkingGuest parkingAsphalt parkingRented parking spaceTotal of 1 parking space
- Security
- Fire alarmGated community
- Utilities
- Public waterPublic sewerCable availableElectricity availablePhone connectedSewer availableWater availableNatural gas not available
- Home design
- CondominiumOne levelEntry on level 1Faces northResale property
- Construction
- Stucco and CBS constructionShingle roofSlab foundationThree-story building (unit in building F)Living area listed as 875
- Exterior features
- Covered patioPatioBrick fencing with gate and perimeter fenced areaMany treesLandscaped groundsAsphalt road frontage (see remarks)
Interior
- Kitchen
- DishwasherElectric rangeMicrowaveRefrigeratorElectric water heater
- Bedrooms
- One main-level bedroom
- Flooring
- Ceramic tileLaminateTileWood
- Bathrooms
- One full bathroom (main level)
- Heating & cooling
- Electric central individual heatingCentral airCeiling fan(s)Central individual cooling
- Interior features
- Built-in featuresWalk-in closet(s)BlindsInsulated windowsFire alarm
- Laundry & utility
- Common area laundry and on-site laundry roomMain-level laundry accessMultiple laundry locations
HOA detail $597/mo · $7,164/yr condo
- Likely covers
- internetcablelandscaping
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-10-29days on market $169,000 Active 88 DOM
-
2026-10-28days on market $169,000 Active 87 DOM
-
2026-10-27statusdays on market $169,000 Active 86 DOM
-
2026-10-26days on market $169,000 Active Under Contract 85 DOM
-
2026-10-26days on market $169,000 Active Under Contract 84 DOM
-
2026-10-24days on market $169,000 Active Under Contract 83 DOM
-
2026-10-23days on market $169,000 Active Under Contract 82 DOM
-
2026-10-22days on market $169,000 Active Under Contract 81 DOM
-
2026-10-21days on market $169,000 Active Under Contract 80 DOM
-
2026-10-20days on market $169,000 Active Under Contract 79 DOM
-
2026-10-19days on market $169,000 Active Under Contract 78 DOM
-
2026-10-18days on market $169,000 Active Under Contract 77 DOM
-
2026-10-17days on market $169,000 Active Under Contract 76 DOM
-
2026-10-16days on market $169,000 Active Under Contract 75 DOM
-
2026-10-15days on market $169,000 Active Under Contract 74 DOM
-
2026-10-14days on market $169,000 Active Under Contract 73 DOM
-
2026-10-13days on market $169,000 Active Under Contract 72 DOM
-
2026-10-12days on market $169,000 Active Under Contract 71 DOM
-
2026-10-11days on market $169,000 Active Under Contract 70 DOM
-
2026-10-10days on market $169,000 Active Under Contract 69 DOM
-
2026-10-09days on market $169,000 Active Under Contract 68 DOM
-
2026-10-08days on market $169,000 Active Under Contract 67 DOM
-
2026-10-07days on market $169,000 Active Under Contract 66 DOM
-
2026-10-06days on market $169,000 Active Under Contract 65 DOM
-
2026-10-05days on market $169,000 Active Under Contract 64 DOM
-
2026-10-04days on market $169,000 Active Under Contract 63 DOM
-
2026-10-03days on market $169,000 Active Under Contract 62 DOM
-
2026-10-02days on market $169,000 Active Under Contract 61 DOM
-
2026-10-01days on market $169,000 Active Under Contract 60 DOM
-
2026-09-30days on market $169,000 Active Under Contract 59 DOM
-
2026-09-29days on market $169,000 Active Under Contract 58 DOM
-
2026-09-27days on market $169,000 Active Under Contract 56 DOM
-
2026-09-26days on market $169,000 Active Under Contract 55 DOM
-
2026-09-25days on market $169,000 Active Under Contract 54 DOM
-
2026-09-24days on market $169,000 Active Under Contract 53 DOM
-
2026-09-23days on market $169,000 Active Under Contract 52 DOM
-
2026-09-22days on market $169,000 Active Under Contract 51 DOM
-
2026-09-21days on market $169,000 Active Under Contract 50 DOM
-
2026-09-20days on market $169,000 Active Under Contract 49 DOM
-
2026-09-19statusdays on market $169,000 Active Under Contract 48 DOM
-
2026-09-18days on market $169,000 Active 47 DOM
-
2026-09-17days on market $169,000 Active 46 DOM
-
2026-09-16days on market $169,000 Active 45 DOM
-
2026-09-15days on market $169,000 Active 44 DOM
-
2026-09-14days on market $169,000 Active 43 DOM
-
2026-09-13days on market $169,000 Active 42 DOM
-
2026-09-12days on market $169,000 Active 41 DOM
-
2026-09-11days on market $169,000 Active 40 DOM
-
2026-09-05days on market $169,000 Active 34 DOM
-
2026-09-04days on market $169,000 Active 33 DOM
ⓘ 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
- $4,163 · $347/mo
- Projected year-2 tax
- $4,163 · $347/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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $28,079
- − Mortgage interest
- −$9,467
- − Property taxes
- −$4,163
- − Insurance
- −$845
- − Repairs & maintenance
- −$2,246
- − Management
- −$2,246
- − HOA
- −$7,164
- − Depreciation
- −$4,916
- Taxable loss
- −$2,969
- Est. tax savings @ 24.0%
- +$712
- After-tax cash flow
- $88/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.
Condition & rehab AI · 2 photos
This move-in-ready townhouse in a prime location offers a good condition with minimal updates needed to maximize its value for both resale and rental.
Components & finishes AI
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics. ↑
- Both Updating the flooring with a more modern material — New flooring can improve both the look and functionality of the home. ↑
- Both Adding smart home features — Smart home features can increase both resale and rental value by making the home more convenient and attractive to potential buyers/tenants. ↑
- Both Upgrading the kitchen appliances — Modern, high-end appliances can significantly boost the home's appeal and value. ↑
- Both Landscaping improvements — Enhanced landscaping can improve curb appeal and add value to the property. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 — Fort Lauderdale
- Score
- 82/100
- State rank
- #78
- US rank
- #1293
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Fort Lauderdale, FL
- County
- Broward County · 2,207,033 people
- City population
- 235,769
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 27,935
- Household income
- $93,879
- Rent vs Own
- Severe rent burden
- 21% of renters
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
- Predominantly White (75%)
- Race & ethnicity
- White 75% Hispanic / Latino 16% Two or more races 14% Asian 3% Black 2%
- Hispanic origin (detail)
- Puerto Rican 2% Cuban 3%
- Languages at home
- 75% English-only · Spanish 14% Other Indo-European 5% Russian/Polish/Slavic 2%
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
- ▼ -417.95%
- Current HPI
- 325.3902
- Rent YoY
- ▲ 3.63%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+369.4% since first listed8 events — show timeline
- 2026-08-01 Listed $169,000 Beaches MLS
- 2026-07-02 Listing Removed — Beaches MLS
- 2026-05-26 Price Changed $188,900 Beaches MLS
- 2026-04-29 Price Changed $189,900 Beaches MLS
- 2026-03-27 Listed $199,800 Beaches MLS
- 2005-04-01 Sold (Public Records) $178,000 Public Records
- 1985-12-01 Sold (Public Records) $57,000 Public Records
- 1976-12-01 Sold (Public Records) $36,000 Public Records
Property tax history
+13.0%/yrLatest (2025): $4,163 · +234.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…