643 Durham W · Deerfield Beach, FL 33442

$102,000

2 bd · 2.0 ba · 820 sqft · Condo public records · 78 Days on market

Built 1974 $650/mo HOA · 32% of rent

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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 +27.9/30.0
• 1% rule +10.0/10.0
• DSCR +9.9/10.0
• ARV discount +7.5/15.0
• 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

BEAUTIFULLY LANDSCAPED BUILDING . This updated 2 bedroom 1.5 bath second floor condo has a newer white kitchen with granite tops. The building has a lift, shared bar b que and patio. laminate flooring throughout, screened balcony. Century Village offers the finest in 55 Plus amenities with its massive clubhouse, shuttle service, security, card rooms, fitness center, pickle ball, shuffle board, tennis, billiards and so much more. You'll love this place!

Key facts

• $650 HOA
• Parking
• Community pool

Property features AI

Finance

• Financial info: Pets not allowed; Is a senior community
• HOA & community: Has association; Monthly HOA fee; HOA covers cable TV, grounds maintenance, sewer, water, and recreation facilities; Community amenities: billiard room, clubhouse, jogging path, laundry room, pool, sauna, tennis courts, lobby, pickleball courts, sidewalks, street lights, recreation facilities

Exterior

• Parking: 1 parking space; No carport
• Security: Gated community
• Utilities: Public water; Public sewer; Electricity available
• Home design: Condominium; Updated/remodeled; 2 stories; Faces west
• Construction: Block construction; Other roof
• Exterior features: Not waterfront

Interior

• Kitchen: Refrigerator
• Bedrooms: 1 bedroom on the main level
• Flooring: Vinyl
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Walk-in closet(s); Unfurnished
• Laundry & utility: Laundry in common area

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $102k.

Deal economics

• At list price, monthly cash flow is $314 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $102k).
• Recommended offer: $96k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.0% vs local median 4.1% 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; 584 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 $2,016/mo this rent would consume 45% 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 $705 of loan paydown is wiped out by about $3k 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 78 days — a 6% lower offer ($96k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago; this cycle's ask has dropped $18k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $88k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 32% of rent.

Recommended offer $95,880 (6.0% below list)

Questions for the listing agent

1. It's been on market 78 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 1974 — 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. 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: 1.98% ✓
• Cap rate: 9.99%
• Cash-on-cash: 13.20%
• DSCR: 1.59
• GRM: 4.2

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: -1.8%
• Equity multiple: 0.94×
• Total profit: $-1,846
• Equity at exit: $15,209

10-year hold

• IRR: 2.2%
• Equity multiple: 1.13×
• Total profit: $3,587
• Equity at exit: $8,819

Cash invested: $28,560 (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: 584
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $2,016 high
• Mortgage (P&I): −$535
• Tax from tax record: −$51 /mo · $608/yr
• Insurance: −$42
• HOA: −$650
• Vacancy / Maint / Mgmt: −$423
• Net cashflow: $314

Break-even live

Break-even rent $1,618

Max offer price $102,000

Occupancy floor 79%

Sensitivity live

Price	-10% $372	-5% $343	+0% $314	+5% $285	+10% $257
Rent	-10% $155	-5% $235	+0% $314	+5% $394	+10% $473
Rate	-1.0pp $366	-0.5pp $340	base $314	+0.5pp $288	+1.0pp $261

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: $25,500
• Closing costs: $3,060
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
384 Durham Cir Unit 384 Deerfield Beach, FL	1.0	1.0	593	$1,400	$2.36	26d	1	0.17mi
283 Durham Cir Unit 283 Deerfield Beach, FL	2.0	2.0	820	$3,300	$4.02	26d	1	0.20mi
178 Durham E Unit 178 Deerfield Beach, FL	1.0	1.0	593	$1,350	$2.28	12d	1	0.24mi
178 Durham E Unit 178 Deerfield Beach, FL	1.0	1.0	593	$1,350	$2.28	4d	1	0.24mi
171 Deer Creek Blvd #701 Deerfield Beach, FL	2.0	2.0	1090	$4,500	$4.13	0d	1	0.25mi
6 Ventnor a Deerfield Beach, FL	1.0	1.0	600	$1,429	$2.38	26d	1	0.31mi
102 Westbury E #102 Deerfield Beach, FL	1.0	1.0	585	$1,900	$3.25	9d	1	0.32mi
98 Westbury E Unit E Deerfield Beach, FL	1.0	1.0	585	$1,600	$2.74	0d	1	0.32mi
98 Westbury E #98 Deerfield Beach, FL	1.0	1.0	585	$1,600	$2.74	26d	1	0.32mi
125 Westbury E Deerfield Beach, FL	1.0	1.0	585	$1,600	$2.74	26d	1	0.32mi
127 Westbury Cir Deerfield Beach, FL	1.0	1.0	585	$1,425	$2.44	26d	1	0.37mi
2400 Deer Creek Country Club Blvd Deerfield Beach, FL	2.0	2.0	1050	$2,300	$2.19	26d	1	0.39mi
2400 Deer Creek Country Club Blvd Unit 608-1 Deerfield Beach, FL	2.0	2.0	1050	$2,200	$2.10	7d	1	0.39mi
2430 Deer Creek Country Club Blvd Unit 407-2 Deerfield Beach, FL	2.0	2.0	1050	$2,050	$1.95	7d	1	0.40mi
149 Westbury I #149 Deerfield Beach, FL	1.0	1.0	585	$1,700	$2.91	26d	1	0.41mi
2460 Deer Creek Country Club Blvd Unit 205A Deerfield Beach, FL	2.0	1.5	1050	$1,800	$1.71	26d	1	0.41mi
2420 Deer Creek Country Club Blvd Unit 302D Deerfield Beach, FL	2.0	2.0	1050	$1,850	$1.76	26d	1	0.42mi
105 Deer Creek Rd Deerfield Beach, FL	2.0	2.0	1120	$2,700	$2.41	26d	1	0.45mi
111 Tilford F #111 Deerfield Beach, FL	1.0	1.0	585	$1,500	$2.56	7d	1	0.45mi
111 Tilford F #111 Deerfield Beach, FL	1.0	1.0	585	$1,500	$2.56	22d	1	0.45mi
105 Deer Creek Rd #202 Deerfield Beach, FL	2.0	2.0	1120	$3,000	$2.68	26d	1	0.46mi
3016 Cambridge A Unit A Deerfield Beach, FL	1.0	1.5	700	$1,350	$1.93	26d	1	0.48mi
316 Markham Cres Deerfield Beach, FL	2.0	1.5	820	$1,800	$2.20	26d	1	0.51mi
308 Markham N Deerfield Beach, FL	1.0	1.5	700	$1,200	$1.71	26d	1	0.51mi
15 Markham a Deerfield Beach, FL	2.0	1.5	820	$2,000	$2.44	0d	1	0.55mi
358 Markham Cres Unit 358 Deerfield Beach, FL	1.0	1.5	700	$1,500	$2.14	26d	1	0.56mi
184 Tilford I Unit I Deerfield Beach, FL	2.0	1.5	820	$2,000	$2.44	26d	1	0.56mi
181 Tilford I Unit I Deerfield Beach, FL	1.0	1.5	700	$1,350	$1.93	26d	1	0.56mi
436 Markham S #436 Deerfield Beach, FL	1.0	1.0	585	$1,400	$2.39	26d	1	0.62mi
272 Tilford M Unit M Deerfield Beach, FL	2.0	1.5	820	$1,900	$2.32	26d	1	0.62mi
25 Newport Ct Unit 25 Deerfield Beach, FL	1.0	1.0	700	$1,549	$2.21	26d	1	0.67mi
27 Newport B Deerfield Beach, FL	1.0	1.5	700	$1,550	$2.21	23d	1	0.67mi
12 Prescott E Unit 12 Deerfield Beach, FL	1.0	1.5	700	$1,550	$2.21	0d	1	0.72mi
20 Prescott E Unit 20 Deerfield Beach, FL	1.0	1.5	700	$1,600	$2.29	26d	1	0.72mi
188 Prescott E Unit 188 Deerfield Beach, FL	1.0	1.5	700	$1,800	$2.57	26d	1	0.73mi
111 Oakridge I #111 Deerfield Beach, FL	1.0	1.5	706	$1,595	$2.26	26d	1	0.73mi
124 Oakridge I #124 Deerfield Beach, FL	2.0	1.5	820	$1,700	$2.07	6d	1	0.74mi
361 Tilford Q Unit Q Deerfield Beach, FL	2.0	1.5	820	$1,800	$2.20	26d	1	0.76mi
125 Newport I Unit I Deerfield Beach, FL	1.0	1.5	700	$1,600	$2.29	26d	1	0.76mi
125 Newport I Unit I Deerfield Beach, FL	1.0	1.5	700	$1,600	$2.29	0d	1	0.76mi

HOA detail condo

• Monthly dues: $650 · $7,800/yr
• Likely covers: gymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 26 events

1. 2026-06-21
   days on market $102,000 Active 78 DOM
2. 2026-06-18
   days on market $102,000 Active 75 DOM
3. 2026-06-17
   days on market $102,000 Active 74 DOM
4. 2026-06-16
   days on market $102,000 Active 73 DOM
5. 2026-06-15
   days on market $102,000 Active 72 DOM
6. 2026-06-13
   days on market $102,000 Active 70 DOM
7. 2026-06-09
   days on market $102,000 Active 66 DOM
8. 2026-06-08
   days on market $102,000 Active 65 DOM
9. 2026-06-07
   pricedays on market $102,000 Active 64 DOM
10. 2026-06-04
    days on market $112,000 Active 61 DOM
11. 2026-06-03
    days on market $112,000 Active 60 DOM
12. 2026-06-02
    days on market $112,000 Active 59 DOM
13. 2026-06-01
    days on market $112,000 Active 58 DOM
14. 2026-05-31
    days on market $112,000 Active 57 DOM
15. 2026-04-30
    price $112,000
16. 2026-04-04
    price $125,000
17. 2026-04-04
    listed $120,000 Active
18. 2021-08-04
    soldstatus $87,500
19. 2021-08-02
    soldstatus $87,500 Closed 458-char remark

    Show marketing remark (458 chars)

    BEAUTIFULLY LANDSCAPED BUILDING . This updated 2 bedroom 1.5 bath second floor condo has a newer white kitchen with granite tops. The building has a lift, shared bar b que and patio. laminate flooring throughout, screened balcony. Century Village offers the finest in 55 Plus amenities with its massive clubhouse, shuttle service, security, card rooms, fitness center, pickle ball, shuffle board, tennis, billiards and so much more. You'll love this place!

20. 2021-06-21
    historical Active Under Contract 458-char remark

    Show marketing remark (458 chars)

    BEAUTIFULLY LANDSCAPED BUILDING . This updated 2 bedroom 1.5 bath second floor condo has a newer white kitchen with granite tops. The building has a lift, shared bar b que and patio. laminate flooring throughout, screened balcony. Century Village offers the finest in 55 Plus amenities with its massive clubhouse, shuttle service, security, card rooms, fitness center, pickle ball, shuffle board, tennis, billiards and so much more. You'll love this place!

21. 2021-06-04
    status Active 458-char remark

    Show marketing remark (458 chars)

    BEAUTIFULLY LANDSCAPED BUILDING . This updated 2 bedroom 1.5 bath second floor condo has a newer white kitchen with granite tops. The building has a lift, shared bar b que and patio. laminate flooring throughout, screened balcony. Century Village offers the finest in 55 Plus amenities with its massive clubhouse, shuttle service, security, card rooms, fitness center, pickle ball, shuffle board, tennis, billiards and so much more. You'll love this place!

22. 2021-05-10
    historical Active Under Contract 458-char remark

    Show marketing remark (458 chars)

    BEAUTIFULLY LANDSCAPED BUILDING . This updated 2 bedroom 1.5 bath second floor condo has a newer white kitchen with granite tops. The building has a lift, shared bar b que and patio. laminate flooring throughout, screened balcony. Century Village offers the finest in 55 Plus amenities with its massive clubhouse, shuttle service, security, card rooms, fitness center, pickle ball, shuffle board, tennis, billiards and so much more. You'll love this place!

23. 2021-03-11
    listed $87,500 Active 458-char remark

    Show marketing remark (458 chars)

    BEAUTIFULLY LANDSCAPED BUILDING . This updated 2 bedroom 1.5 bath second floor condo has a newer white kitchen with granite tops. The building has a lift, shared bar b que and patio. laminate flooring throughout, screened balcony. Century Village offers the finest in 55 Plus amenities with its massive clubhouse, shuttle service, security, card rooms, fitness center, pickle ball, shuffle board, tennis, billiards and so much more. You'll love this place!

24. 2015-12-21
    soldstatus $44,000
25. 1999-10-29
    soldstatus $27,500
26. 1983-02-01
    soldstatus $37,600

ⓘ 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: $608 · $51/mo
• Projected year-2 tax: $847 · $71/mo
• Expected delta: +$239/yr (+$20/mo · 39.3%)

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

Taxation est. · year 1

• Rental income: $24,187
• − Mortgage interest: −$5,714
• − Property taxes: −$608
• − Insurance: −$510
• − Repairs & maintenance: −$1,935
• − Management: −$1,935
• − HOA: −$7,800
• − Depreciation: −$2,967
• Taxable income: $2,718
• Est. tax owed @ 24.0%: −$652
• After-tax cash flow: $3,119/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

+197.9% since first listed

12 events — show timeline

• 2026-04-30 Price Changed $112,000 Beaches MLS
• 2026-04-04 Price Changed $125,000 Beaches MLS
• 2026-04-04 Listed $120,000 Beaches MLS
• 2021-08-04 Sold (Public Records) $87,500 Public Records
• 2021-08-02 Sold (MLS) $87,500 Beaches MLS
• 2021-06-21 Contingent — Beaches MLS
• 2021-06-04 Relisted — Beaches MLS
• 2021-05-10 Contingent — Beaches MLS
• 2021-03-11 Listed $87,500 Beaches MLS
• 2015-12-21 Sold (Public Records) $44,000 Public Records
• 1999-10-29 Sold (Public Records) $27,500 Public Records
• 1983-02-01 Sold (Public Records) $37,600 Public Records

Property tax history

+10.7%/yr

Latest (2025): $608 · +10.8% YoY. Source: county tax records.