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2101 Atlantic Shores Blvd #120
B- Composite 65.54
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 +26.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +8.8/10.0
  • 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

$295,000

2101 Atlantic Shores Blvd #120 · Hallandale Beach, FL 33009
2 bd · 2.0 ba · 1,450 sqft · Condo public records · 144 Days on market
Built 1974 $720/mo HOA · 16% of rent

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

Listing remarks

CORNER UNIT, 1,450 SQ FT, SPLIT BEDROOM FLOOR PLAN, DEN CONVERTED INTO A 3RD BEDROOM, 2 BALCONIES OFF OF BOTH BEDROOMS. MAINTENANCE FEES INCLUDES BASIC CABLE AND WATER. RESORT STYLE POOL AREA, CLUBHOUSE, TENNIS COURTS, SAUNA. IT IS CLOSE TO BEACHES, CASINOS, RESTAURANTS, AVENTURA MALL, SUPERMARKETS, AND A PARK WITH KIDS PLAYGROUND.

Key facts

  • Clubhouse
  • Sauna
  • Tennis courts

Tags

RESORT STYLE POOL AREACLUBHOUSETENNIS COURTSSAUNACLOSE TO BEACHESCLOSE TO CASINOS

Property features AI

Finance

  • Other: Annual taxes listed (not included per instructions)
  • Financial info: Lease considered; Pets allowed with restrictions
  • HOA & community: Monthly association fee of $720; Association amenities include clubhouse and pool; Association fee covers amenities

Exterior

  • Parking: 1 covered garage space
  • Security: Secured elevator; Phone entry
  • Utilities: Cable available
  • Home design: Attached property; 5-story building; Entry on level 1
  • Construction: Block construction; Resale unit
  • Exterior features: Balcony (open); Association pool

Interior

  • Kitchen: Dishwasher; Refrigerator; Trash compactor
  • Flooring: Ceramic tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning
  • Interior features: First-floor entry; Elevator; Ceramic tile flooring

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 2-bed/2.0-bath condo listed at $295k.

Deal economics

  • At list price, monthly cash flow is $310 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $295k).
  • Recommended offer: $260k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.3% 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 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 $4,629/mo this rent would consume 107% 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 144 days — a 12% lower offer ($260k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 8y ago; this cycle's ask has dropped $34k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $259,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 144 days. Have you received any prior offers? Is the seller open to a 12% 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'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
1.57%
Cap rate
9.29%
Cash-on-cash
10.71%
DSCR
1.48
GRM
5.3

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
-13.6%
Equity multiple
0.53×
Total profit
$-38,832
Equity at exit
$43,985
10-year hold
IRR
-12.6%
Equity multiple
0.39×
Total profit
$-50,300
Equity at exit
$25,506

Cash invested: $82,600 (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
5.3×

Monthly cashflow live

Estimated rent
$4,629 high interval (Pro) →
Mortgage (P&I)
$1,547
Tax from tax record
$530 /mo · $6,363/yr
Insurance
$123
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$720
Vacancy / Maint / Mgmt
$972
Net cashflow
$310

Break-even live

Break-even rent $4,236
Max offer price $295,000
Occupancy floor 88%

Sensitivity live

Price -10% $477 -5% $394 +0% $310 +5% $227 +10% $143
Rent -10% $-55 -5% $128 +0% $310 +5% $493 +10% $676
Rate -1.0pp $459 -0.5pp $385 base $310 +0.5pp $234 +1.0pp $156

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
$73,750
Closing costs
$8,850
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
1529 Shoreline Way #1529 Hollywood, FL 3.0 2.5 1784 $7,750 $4.34 12d 1 0.17mi
1529 Shoreline Way #1529 Hollywood, FL 3.0 2.0 1784 $7,500 $4.20 2d 1 0.17mi
1529 Shoreline Way Hollywood, FL 3.0 2.5 1784 $7,500 $4.20 8d 1 0.17mi
825 NE 26th Ave Hallandale Beach, FL 3.0 2.0 1844 $4,200 $2.28 25d 1 0.28mi
2500 Parkview Dr #1112 Hallandale Beach, FL 2.0 2.0 1580 $3,800 $2.41 25d 1 0.29mi
2500 Parkview Dr #2518 Hallandale Beach, FL 2.0 2.0 1280 $4,000 $3.12 14d 1 0.29mi
2500 Parkview Dr #2518 Hallandale Beach, FL 2.0 2.0 1280 $4,000 $3.12 8d 1 0.29mi
2753 S Parkview Dr Hallandale Beach, FL 2.0 2.0 1680 $3,699 $2.20 18d 1 0.41mi
523 Leslie Dr Hallandale Beach, FL 3.0 2.0 1624 $4,950 $3.05 25d 1 0.43mi
513 Leslie Dr #513 Hallandale Beach, FL 3.0 2.0 1624 $5,250 $3.23 25d 1 0.43mi
1755 E Hallandale Beach Blvd Unit 2207E Hallandale Beach, FL 2.0 2.0 1354 $3,950 $2.92 25d 1 0.57mi
1755 E Hallandale Beach Blvd Unit 1407E Hallandale Beach, FL 2.0 2.0 1354 $3,650 $2.70 25d 1 0.57mi
1124 NE 7th St Hallandale Beach, FL 3.0 2.0 1320 $3,900 $2.95 22d 1 0.58mi
1745 E Hallandale Beach Blvd Ph 05W Hallandale Beach, FL 3.0 3.0 1715 $5,000 $2.92 3d 1 0.59mi
1745 E Hallandale Beach Blvd Unit 2302W Hallandale Beach, FL 3.0 2.0 1481 $3,900 $2.63 25d 1 0.60mi
1745 E Hallandale Beach Blvd Unit 802W Hallandale Beach, FL 3.0 2.0 1481 $3,600 $2.43 25d 1 0.60mi
1745 E Hallandale Beach Blvd Unit 2302W Hallandale Beach, FL 3.0 2.0 1481 $3,900 $2.63 15d 1 0.60mi
1041 Washington St Hollywood, FL 3.0 2.0 1699 $4,000 $2.35 25d 1 0.61mi
1239 Washington St Unit 1239 Hollywood, FL 3.0 2.0 1721 $5,600 $3.25 21d 1 0.64mi
1001 NE 10th St Unit 2 Hallandale Beach, FL 3.0 2.0 1270 $3,600 $2.83 25d 1 0.65mi
3101 S Ocean Dr #1904 Hollywood, FL 2.0 2.5 1733 $5,500 $3.17 22d 1 0.65mi
3101 S Ocean Dr #1504 Hollywood, FL 2.0 2.5 1733 $7,500 $4.33 25d 1 0.65mi
1528 Wiley St Hollywood, FL 2.0 1.0 1488 $4,100 $2.76 25d 1 0.65mi
2751 S Ocean Dr Unit 508S Hollywood, FL 3.0 2.5 1868 $5,300 $2.84 8d 1 0.66mi
2751 S Ocean Dr Unit 508S Hollywood, FL 3.0 2.5 1868 $5,300 $2.84 18d 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
3505 S Ocean Dr Hollywood, FL 1.0–2.0 1.5–2.0 1085 $6,500 $5.99 11d 18 0.66mi
3505 S Ocean Dr Hollywood, FL 1.0–2.0 1.5–2.0 1085 $6,500 $5.99 13d 17 0.66mi
3001 S Ocean Dr #1211 Hollywood, FL 2.0 2.0 1208 $4,750 $3.93 8d 1 0.66mi
3001 S Ocean Dr #1211 Hollywood, FL 2.0 2.0 1208 $4,750 $3.93 25d 1 0.66mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $5,400 $5.56 8d 7 0.66mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $5,800 $5.97 11d 6 0.66mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $5,800 $5.97 20d 8 0.66mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $5,800 $5.97 15d 7 0.66mi
2401 S Ocean Dr #1405 Hollywood, FL 2.0 2.0 1250 $4,250 $3.40 25d 1 0.66mi
2101 S Ocean Dr #1201 Hollywood, FL 2.0 2.0 1270 $4,200 $3.31 25d 1 0.68mi
3800 S Ocean Dr #1818 Hollywood, FL 2.0 2.0 1270 $4,200 $3.31 8d 1 0.69mi
3800 S Ocean Dr #1818 Hollywood, FL 2.0 2.0 1270 $3,800 $2.99 5d 1 0.69mi
2201 S Ocean Dr #1507 Hollywood, FL 2.0 2.0 1350 $5,000 $3.70 25d 1 0.69mi

HOA detail condo

Monthly dues
$720 · $8,640/yr
Likely covers
watercablepool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 43 events

  1. 2026-06-18
    days on market $295,000 Active 144 DOM
  2. 2026-06-17
    days on market $295,000 Active 143 DOM
  3. 2026-06-16
    days on market $295,000 Active 142 DOM
  4. 2026-06-15
    days on market $295,000 Active 141 DOM
  5. 2026-06-13
    pricedays on market $295,000 Active 139 DOM
  6. 2026-06-09
    days on market $300,000 Active 135 DOM
  7. 2026-06-07
    days on market $300,000 Active 133 DOM
  8. 2026-06-04
    days on market $300,000 Active 130 DOM
  9. 2026-06-03
    days on market $300,000 Active 129 DOM
  10. 2026-06-02
    days on market $300,000 Active 128 DOM
  11. 2026-06-01
    days on market $300,000 Active 127 DOM
  12. 2026-05-31
    days on market $300,000 Active 126 DOM
  13. 2026-04-12
    price $300,000
  14. 2026-03-12
    price $320,000
  15. 2026-02-28
    price $310,000
  16. 2026-02-19
    price $315,000
  17. 2026-01-27
    price $325,000
  18. 2026-01-25
    listed $329,000 Active
  19. 2026-01-17
    historical
  20. 2025-10-30
    price $325,000
  21. 2025-09-05
    price $330,000
  22. 2025-08-22
    price $335,000
  23. 2025-08-17
    price $330,000
  24. 2025-06-18
    listed $335,000 Active
  25. 2025-06-18
    historical
  26. 2025-06-16
    price $325,000
  27. 2025-05-21
    listed $335,000 Active
  28. 2023-04-21
    soldstatus $300,000 Closed
  29. 2023-04-21
    soldstatus $300,000
  30. 2023-03-09
    historical Active Under Contract
  31. 2023-01-05
    price $319,000
  32. 2023-01-05
    listed $31,900 Active
  33. 2022-09-02
    listed $350,000 Active
  34. 2022-05-16
    historical
  35. 2022-05-16
    status Active
  36. 2022-02-02
    listed $320,000 Active
  37. 2018-10-12
    historical
  38. 2018-09-28
    price $219,000
  39. 2018-09-17
    listed $224,000 Active
  40. 2005-09-23
    soldstatus $228,700
  41. 2003-12-16
    soldstatus $149,800
  42. 1980-07-01
    soldstatus $72,000
  43. 1979-10-01
    soldstatus $62,400

ⓘ 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
$6,363 · $530/mo
Projected year-2 tax
$6,363 · $530/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
$55,551
− Mortgage interest
−$16,525
− Property taxes
−$6,363
− Insurance
−$6,594
− Repairs & maintenance
−$4,444
− Management
−$4,444
− HOA
−$8,640
− Depreciation
−$8,582
Taxable loss
−$40
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$10
After-tax cash flow
$3,734/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

+380.8% since first listed
31 events — show timeline
  • 2026-04-12 Price Changed $300,000 MARMLS
  • 2026-03-12 Price Changed $320,000 MARMLS
  • 2026-02-28 Price Changed $310,000 MARMLS
  • 2026-02-19 Price Changed $315,000 MARMLS
  • 2026-01-27 Price Changed $325,000 MARMLS
  • 2026-01-25 Listed $329,000 MARMLS
  • 2026-01-17 Listing Removed MARMLS
  • 2025-10-30 Price Changed $325,000 MARMLS
  • 2025-09-05 Price Changed $330,000 MARMLS
  • 2025-08-22 Price Changed $335,000 MARMLS
  • 2025-08-17 Price Changed $330,000 MARMLS
  • 2025-06-18 Listing Removed MARMLS
  • 2025-06-18 Listed $335,000 MARMLS
  • 2025-06-16 Price Changed $325,000 MARMLS
  • 2025-05-21 Listed $335,000 MARMLS
  • 2023-04-21 Sold (Public Records) $300,000 Public Records
  • 2023-04-21 Sold (MLS) $300,000 MARMLS
  • 2023-03-09 Contingent MARMLS
  • 2023-01-05 Price Changed $319,000 MARMLS
  • 2023-01-05 Listed $31,900 MARMLS
  • 2022-09-02 Listed $350,000 MARMLS
  • 2022-05-16 Listing Removed MARMLS
  • 2022-05-16 Relisted MARMLS
  • 2022-02-02 Listed $320,000 MARMLS
  • 2018-10-12 Listing Removed MARMLS
  • 2018-09-28 Price Changed $219,000 MARMLS
  • 2018-09-17 Listed $224,000 MARMLS
  • 2005-09-23 Sold (Public Records) $228,700 Public Records
  • 2003-12-16 Sold (Public Records) $149,800 Public Records
  • 1980-07-01 Sold (Public Records) $72,000 Public Records
  • 1979-10-01 Sold (Public Records) $62,400 Public Records

Property tax history

+10.8%/yr

Latest (2025): $6,363 · -8.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…