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1745 E Hallandale Beach Blvd Unit 2204W
D Composite 41.92
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 +9.8/30.0
  • 1% rule +8.6/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • DSCR +2.8/10.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$289,000

1745 E Hallandale Beach Blvd Unit 2204W · Hallandale Beach, FL 33009
1 bd · 2.0 ba · 920 sqft · Condo public records · 101 Days on market
Built 2007 $1015/mo HOA · 26% of rent ↓ 6% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Spectacular high-floor residence with panoramic golf course, pool, and ocean views! One of the most competitively priced residences currently available in the building. Rarely available 1-bedroom, 1.5-bath floor plan featuring direct balcony access from the bedroom—a unique feature not found in the other 1-bedroom model—offering additional natural light and stunning views from both the living area and bedroom. Spacious, well-designed layout with open kitchen, granite countertops, stainless steel appliances, impact windows, in-unit washer/dryer, and an oversized private storage room rarely found in comparable condominium residences. Duo Condominium offers resort-style amenities i

Key facts

  • Private balcony
  • Granite countertops
  • Impact windows

Tags

PRIVATE BALCONYIMPACT WINDOWSGRANITE COUNTERTOPSSTAINLESS STEEL APPLIANCESIN-UNIT WASHER AND DRYEROVERSIZED STORAGE ROOM

Property features AI

Finance

  • Financial info: Pets allowed with size limit (more than 20 lbs allowed)
  • HOA & community: Monthly association fee; Association fee includes management, amenities, cable TV, HVAC, hot water, insurance, internet, parking, reserve fund, security, trash and water; Association amenities: fitness center, pool, sauna, billiard room, storage, bike storage, tennis courts, trails, trash service

Exterior

  • Parking: Attached garage; 2 covered parking spaces
  • Security: Doorman; Secured elevator; Security guard; Smoke detectors
  • Utilities: Cable available
  • Home design: Condominium in a 26-story building; Entry located on level 22; Has a view
  • Construction: Block construction
  • Exterior features: Balcony; Open balcony/patio; Tennis court(s); Heated association pool

Interior

  • Kitchen: Dishwasher; Electric range; Self-cleaning oven; Microwave; Refrigerator; Icemaker; Disposal
  • Bedrooms: Bedroom located on the main level
  • Flooring: Carpet; Marble
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Central air conditioning; Central electric heating
  • Interior features: Impact glass windows; Unfurnished; Elevator; Walk-in closets; Bedroom on main level
  • Laundry & utility: Washer; Dryer

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 $289k.

Deal economics

  • At list price, monthly cash flow is $-251 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $245k (15.3% below list).
  • Meets the 1% rule at list price ($4k rent vs $289k).
  • Recommended offer: $245k (15.3% below list) — sets the bar for cash-flow.

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 22d 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 $3,923/mo this rent would consume 90% 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 $9k 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 101 days — a 9% lower offer ($263k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: property tax is 2.6% of price; flood insurance adds $66/mo; HOA is 26% of rent.
  • Climate carrying-cost: major flood risk; 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 $244,724 (15.3% below list)

Questions for the listing agent

  1. 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?
  2. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  6. 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?
  7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  9. 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?
  10. 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.
  11. 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.
  12. 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
1.36%
Cap rate
5.53%
Cash-on-cash
-2.73%
DSCR
0.88
GRM
6.1

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
-27.4%
Equity multiple
0.11×
Total profit
$-71,794
Equity at exit
$43,091
10-year hold
IRR
-54.3%
Equity multiple
-0.46×
Total profit
$-118,006
Equity at exit
$24,987

Cash invested: $80,920 (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
6.1×

Monthly cashflow live

Estimated rent
$3,923 high interval (Pro) →
Mortgage (P&I)
$1,516
Tax from tax record
$633 /mo · $7,591/yr
Insurance
$120
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$1,015
Vacancy / Maint / Mgmt
$824
Net cashflow
$-251

Break-even live

Break-even rent $4,240
Max offer price $244,724
Occupancy floor

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
$72,250
Closing costs
$8,670
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
101 Diplomat Pkwy Hallandale Beach, FL 1.0 1.0 859 $3,740 $4.35 24d 1 0.12mi
2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $2,465 $2.92 1d 2 0.46mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 1.0–2.0 1.0–2.0 1092 $4,750 $4.35 24d 3 0.47mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 3.0 1.0–3.0 1011 $3,862 $3.82 1d 5 0.47mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 1.0–2.0 1.0–2.0 1070 $4,219 $3.94 20d 4 0.47mi
2600 E Hallandale Beach Blvd Unit T3307 Hallandale Beach, FL 2.0 2.0 1030 $4,500 $4.37 24d 1 0.47mi
2600 E Hallandale Beach Blvd Unit T3208 Hallandale Beach, FL 2.0 2.0 1030 $6,950 $6.75 24d 1 0.47mi
2600 E Hallandale Beach Blvd Unit T3110 Hallandale Beach, FL 2.0 2.0 1028 $3,650 $3.55 24d 1 0.47mi
1180 E Hallandale Beach Blvd Unit 1241877P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $2,465 $2.92 3d 2 0.47mi
4010 S Ocean Dr Hollywood, FL 1.0–3.0 1.0–3.5 1078 $5,000 $4.64 24d 5 0.57mi
2721 E Hallandale Beach Blvd Unit 1049818P Hollywood, FL 1.0–2.0 1.0–2.0 946 $3,355 $3.54 3d 2 0.58mi
4010 S Ocean Dr Unit T3609 Hollywood, FL 2.0 2.0 1060 $6,300 $5.94 24d 1 0.61mi
4010 S Ocean Dr Unit T3609 Hollywood, FL 2.0 2.0 1060 $6,300 $5.94 3d 1 0.61mi
4010 S Ocean Dr Unit 1227485P Hollywood, FL 2.0–3.0 2.0 1118 $5,049 $4.51 15d 2 0.61mi
4010 S Ocean Dr Unit 1388506P Hollywood, FL 2.0 2.0 1097 $4,881 $4.45 7d 1 0.61mi
4010 S Ocean Dr Unit R2102 Hollywood, FL 2.0 2.0 1075 $6,500 $6.05 24d 1 0.61mi
4010 S Ocean Dr Unit T3509 Hollywood, FL 2.0 2.0 1060 $6,000 $5.66 22d 1 0.61mi
4111 S Ocean Dr #1810 Hollywood, FL 1.0 1.0 1000 $5,500 $5.50 24d 1 0.71mi
4111 S Ocean Dr Unit 1022181P Hollywood, FL 1.0–2.0 1.0–2.0 968 $4,407 $4.55 16d 2 0.71mi
4111 S Ocean Dr Unit 1557596P Hollywood, FL 1.0 1.0 796 $5,356 $6.73 7d 1 0.71mi
4001 S Ocean Dr Hollywood, FL 2.0–3.0 1.5–3.0 1471 $4,000 $2.72 22d 4 0.71mi
4001 S Ocean Dr Hollywood, FL 2.0–3.0 1.5–3.0 1471 $4,800 $3.26 24d 3 0.71mi
3901 S Ocean Dr Unit 11M Hollywood, FL 1.0 1.0 874 $4,400 $5.03 24d 1 0.73mi
3901 S Ocean Dr Unit 10Z Hollywood, FL 1.0 1.0 874 $4,000 $4.58 24d 1 0.73mi
3901 S Ocean Dr Unit 10M Hollywood, FL 1.0 1.0 874 $5,000 $5.72 24d 1 0.73mi
3901 S Ocean Dr Unit 10Z Hollywood, FL 1.0 1.0 874 $4,000 $4.58 3d 1 0.73mi
3901 S Ocean Dr Unit 11M Hollywood, FL 1.0 1.0 874 $4,400 $5.03 3d 1 0.73mi
3901 S Ocean Dr Unit 1227197P Hollywood, FL 1.0–2.0 1.0–2.0 1054 $2,727 $2.59 1d 2 0.73mi
1800 S Ocean Dr #909 Hallandale Beach, FL 2.0 1.0 1086 $4,000 $3.68 24d 1 0.74mi
1800 S Ocean Dr #4209 Hallandale Beach, FL 2.0 1.0 1086 $4,000 $3.68 20d 1 0.74mi
1800 S Ocean Dr #4209 Hallandale Beach, FL 2.0 1.0 1086 $4,000 $3.68 1d 1 0.74mi
3801 S Ocean Dr Unit 4R Hollywood, FL 1.0 1.0 812 $3,850 $4.74 24d 1 0.75mi
3725 S Ocean Dr Hollywood, FL 2.0–3.0 2.0 1377 $4,000 $2.90 2d 7 0.76mi
3725 S Ocean Dr Hollywood, FL 2.0–3.0 2.0 1377 $4,000 $2.90 13d 8 0.76mi
1830 S Ocean Dr #3407 Hallandale Beach, FL 1.0 1.0 871 $4,000 $4.59 24d 1 0.76mi
1830 S Ocean Dr #2409 Hallandale Beach, FL 1.0 1.0 844 $4,300 $5.09 14d 1 0.76mi
1830 S Ocean Dr #1709 Hallandale Beach, FL 1.0 1.0 844 $4,500 $5.33 24d 1 0.76mi
1830 S Ocean Dr #4005 Hallandale Beach, FL 1.0 1.0 811 $4,600 $5.67 24d 1 0.76mi
1830 S Ocean Dr #1812 Hallandale Beach, FL 1.0 1.0 844 $4,999 $5.92 20d 1 0.76mi
1830 S Ocean Dr #4612 Hallandale Beach, FL 1.0 1.0 844 $4,950 $5.86 24d 1 0.76mi

HOA detail condo

Monthly dues
$1,015 · $12,180/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 15 events

  1. 2026-06-18
    days on market $289,000 Active 101 DOM
  2. 2026-06-17
    days on market $289,000 Active 100 DOM
  3. 2026-06-16
    days on market $289,000 Active 99 DOM
  4. 2026-06-15
    days on market $289,000 Active 98 DOM
  5. 2026-06-13
    days on market $289,000 Active 96 DOM
  6. 2026-06-09
    days on market $289,000 Active 92 DOM
  7. 2026-06-08
    remarks 687-char remark
  8. 2026-06-07
    pricedays on market $289,000 Active 90 DOM
  9. 2026-06-04
    days on market $299,000 Active 87 DOM
  10. 2026-06-03
    days on market $299,000 Active 86 DOM
  11. 2026-06-02
    days on market $299,000 Active 85 DOM
  12. 2026-06-01
    days on market $299,000 Active 84 DOM
  13. 2026-05-31
    days on market $299,000 Active 83 DOM
  14. 2026-03-24
    price $299,000
  15. 2026-03-08
    listed $319,000 Active

ⓘ 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
$7,591 · $633/mo
Projected year-2 tax
$7,591 · $633/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 X (shaded) · 76% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 6 d/yr ≥104°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
$47,079
− Mortgage interest
−$16,188
− Property taxes
−$7,591
− Insurance
−$2,242
− Repairs & maintenance
−$3,766
− Management
−$3,766
− HOA
−$12,180
− Depreciation
−$8,407
Taxable loss
−$7,063
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,695
After-tax cash flow
$-1,313/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

-6.3% since first listed
2 events — show timeline
  • 2026-03-24 Price Changed $299,000 MARMLS
  • 2026-03-08 Listed $319,000 MARMLS

Property tax history

+5.1%/yr

Latest (2025): $7,591 · +4.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…