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3120 Holiday Springs Blvd #106
D Composite 41.21
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).

  • 1% rule +9.7/10.0
  • Cash flow +8.2/30.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • Rent growth +3.0/5.0
  • Condition / age +2.5/5.0
  • DSCR +2.2/10.0
  • Appreciation +0.0/10.0

$109,000

3120 Holiday Springs Blvd #106 · Margate, FL 33063
1 bd · 1.0 ba · 725 sqft · Condo public records · 99 Days on market
Built 1974 $586/mo HOA · 37% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

STUNNING 1 BED AND 1 BATH 55+ UNIT IS WAITING FOR YOU! THIS UNIT HAS A BEAUTIFUL CERAMIC TILE THRU THE ENTIRE LIVING AREA, THE EXTENDED LIVING ROOM GIVES YOU EXTRA EXTRA LIVING SPACE FOR YOU & YOUR GUESTS. THIS UNIT HAS IMPACT WINDOW EXCEPT THE EXTENDED AREA THAT MAKE YOU FEEL VERY SAFE AND QUIET ENVIROMENT. AC IS ONLY 2 YEARS OLD. THIS UNIT IS IN A PERFECT LOCATION WITHIN THE VERY ACTIVE HOPA COMMUNITY OF HOLIDAY SPRINGS. HEATED RESORT STYLE POOL & CLUBHOUSE, FITNESS CENTER + AEROBIC CLASSES, LIBRARY, TIKI HUTS, TENNIS COURT, THEATER AND MUCH MORE. NO RENTALS ALLOWED. BASIC CABLE AND WATER IS INCLUED IN TTHE MAINTENACE. FOR FURTHER ASSOCIATION QUESTIONS PLEASE CALL PMGMT CAMPBELL. FURNITURES ARE NEGOTIABLE.

Key facts

  • Ground floor unit
  • Fitness center
  • Multi-purpose usage

Tags

GROUND FLOOR UNITUPGRADED KITCHENDEN AREAMULTI-PURPOSE USAGEAIR CONDITIONERFITNESS CENTER

Property features AI

Finance

  • Other: Pets allowed with breed restrictions
  • HOA & community: Monthly HOA fee (reported): $586; HOA includes insurance, grounds and structure maintenance, pest control, sewer, trash, water, common areas, elevator, roof repairs, recreation facility, and pool service; Community amenities: Clubhouse, Fitness Center, Picnic Area, Pool, Sauna, Community Room, Internet included, Kitchen Facilities, Library; Senior community

Exterior

  • Parking: Guest parking
  • Security: Closed-circuit cameras; Fire alarm; Smoke detectors; Other security features
  • Utilities: Cable available
  • Home design: Condominium; Resale property; 3-story building; Entry level: 1
  • Construction: Stucco and CBS construction with stone veneer
  • Exterior features: First-floor entry with elevator access; Not waterfront; West of US-1 road frontage

Interior

  • Kitchen: Electric range; Dishwasher; Refrigerator; Garbage disposal; Electric water heater
  • Bedrooms: 1 bedroom on the main level
  • Flooring: Ceramic tile; Wood
  • Bathrooms: 1 full bathroom on the main level
  • Heating & cooling: Central electric heating; Central electric air conditioning
  • Interior features: Walk-in closet(s)

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/1.0-bath condo listed at $109k.

Deal economics

  • At list price, monthly cash flow is $-103 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $91k (16.7% below list).
  • Meets the 1% rule at list price ($2k rent vs $109k).
  • Recommended offer: $91k (16.7% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 81/100 on livability (#85 in FL, #1,398 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: amenities F.
  • 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: Alphabet Land-Margate (8 students, 0% FRL); Margate Middle School (math 25% / reading 34%, grade F, #469 of 571 statewide, top 84%, 1,094 students, 77% FRL); Coral Springs High School (math 16% / reading 38%, grade F, #478 of 667 statewide, top 73%, 2,320 students, 59% FRL).
  • Zoned-school proficiency averages 28% at this address vs 48% district-wide (-19 pts) — the specific schools serving this property underperform the Broward average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising (+1.9%/yr); 548 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($63k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $754 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 99 days — a 9% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 8y 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.

Risks & watch-outs

  • Watch-outs: HOA is 37% of rent.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $90,802 (16.7% 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 99 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
  3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. 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?
  9. 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.
  10. 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.
  11. 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
1.47%
Cap rate
5.16%
Cash-on-cash
-4.05%
DSCR
0.82
GRM
5.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.94% rent growth · sell at horizon

5-year hold
IRR
-24.9%
Equity multiple
0.16×
Total profit
$-25,514
Equity at exit
$16,252
10-year hold
IRR
-26.3%
Equity multiple
-0.17×
Total profit
$-35,828
Equity at exit
$9,424

Cash invested: $30,520 (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 33063

Home prices YoY
-18.1%
Rents YoY
1.9%
Active inventory
548
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$1,605 high interval (Pro) →
Mortgage (P&I)
$572
Tax from tax record
$168 /mo · $2,012/yr
Insurance
$45
HOA
$586
Vacancy / Maint / Mgmt
$337
Net cashflow
$-103

Break-even live

Break-even rent $1,735
Max offer price $90,802
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
$27,250
Closing costs
$3,270
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
3031 Holiday Springs Blvd Unit 1APT 201 Margate, FL 1.0 1.5 750 $1,525 $2.03 14d 1 0.09mi
3031 Holiday Springs Blvd Margate, FL 1.0 2.0 750 $1,525 $2.03 12d 1 0.09mi
2771 Riverside Dr Unit 405A Coral Springs, FL 1.0 1.0 619 $1,540 $2.49 1d 1 0.09mi
2771 Riverside Dr Unit 316A Coral Springs, FL 1.0 1.0 619 $1,500 $2.42 14d 1 0.09mi
2771 Riverside Dr Unit 412A Coral Springs, FL 1.0 468 $1,250 $2.67 24d 1 0.09mi
2771 Riverside Dr Unit 405A Coral Springs, FL 1.0 1.0 619 $1,565 $2.53 24d 1 0.09mi
2771 Riverside Dr Unit 316A Coral Springs, FL 1.0 1.0 619 $1,475 $2.38 4d 1 0.09mi
2771 Riverside Dr Unit 416A Coral Springs, FL 1.0 1.0 619 $1,600 $2.58 24d 1 0.09mi
2701 Riverside Dr Unit 316B Coral Springs, FL 1.0 1.0 619 $1,400 $2.26 24d 1 0.10mi
2701 Riverside Dr Apt 516 Coral Springs, FL 1.0 1.0 619 $1,500 $2.42 10d 1 0.10mi
2501 Riverside Dr Unit 206A Coral Springs, FL 1.0 1.0 606 $1,500 $2.48 18d 1 0.21mi
2947 Riverside Dr #129 Coral Springs, FL 1.0 1.0 620 $1,650 $2.66 10d 1 0.22mi
3300 Pinewalk Dr N Margate, FL 1.0–2.0 1.0–2.0 869 $1,945 $2.24 22d 2 0.22mi
2401 Riverside Dr Coral Springs, FL 1.0 1.0 469 $1,425 $3.04 3d 2 0.27mi
2401 Riverside Dr Unit 217B Coral Springs, FL 1.0 1.0 606 $1,450 $2.39 22d 1 0.28mi
3330 Pinewalk Dr N #1623 Margate, FL 1.0 1.0 712 $1,700 $2.39 4d 1 0.31mi
3330 Pinewalk Dr N #1623 Margate, FL 1.0 1.0 712 $1,750 $2.46 11d 1 0.31mi
3350 Pinewalk Dr N Margate, FL 1.0–2.0 1.0–2.0 837 $1,650 $1.97 7d 3 0.36mi
3350 Pinewalk Dr N #1413 Margate, FL 1.0 1.0 712 $1,750 $2.46 10d 1 0.36mi
3390 Pinewalk Dr N #1016 Margate, FL 1.0 1.0 712 $1,750 $2.46 2d 1 0.49mi
3204 Coral Lake Ln Coral Springs, FL 1.0 1.0 720 $1,750 $2.43 24d 1 0.53mi
3188 Coral Lake Way #3188 Coral Springs, FL 1.0 1.0 720 $1,750 $2.43 5d 1 0.54mi
3188 Coral Lake Way #3188 Coral Springs, FL 1.0 1.0 720 $1,750 $2.43 24d 1 0.54mi
3430 Pinewalk Dr N #625 Margate, FL 1.0 1.0 712 $1,680 $2.36 2d 1 0.58mi
3430 Pinewalk Dr N Margate, FL 1.0–2.0 1.0–2.0 837 $1,680 $2.01 22d 2 0.58mi
8770 Royal Palm Blvd #203 Coral Springs, FL 1.0 1.5 620 $1,725 $2.78 24d 1 0.70mi
8604 NW 35th St #103 Coral Springs, FL 1.0 1.0 600 $1,500 $2.50 5d 1 0.81mi
8604 NW 35th St #102 Coral Springs, FL 1.0 1.0 720 $1,500 $2.08 14d 1 0.81mi
3225 N University Dr Coral Springs, FL 2.0 2.0 737 $1,900 $2.58 4d 1 1.16mi
6838 W Sample Rd #6838 Coral Springs, FL 1.0 1.0 716 $1,680 $2.35 24d 1 1.17mi
4109 Riverside Dr Coral Springs, FL 1.0 1.0 705 $1,399 $1.98 4d 1 1.18mi
6824 W Sample Rd #6824 Coral Springs, FL 1.0 1.0 716 $1,800 $2.51 24d 1 1.19mi
6812 W Sample Rd #6812 Coral Springs, FL 1.0 1.0 716 $1,700 $2.37 24d 1 1.21mi
6890 W Sample Rd #6890 Coral Springs, FL 1.0 1.0 716 $1,850 $2.58 18d 1 1.22mi
3210 N University Dr Coral Springs, FL 3.0 1.0–2.0 1003 $2,408 $2.40 1d 92 1.22mi
4140 Woodside Dr #107 Coral Springs, FL 2.0 1.0 738 $1,700 $2.30 24d 1 1.24mi
6890 Royal Palm Blvd Unit 209H Margate, FL 1.0 1.5 720 $1,450 $2.01 24d 1 1.27mi
6505 Winfield Blvd Margate, FL 1.0 1.0 720 $1,450 $2.01 20d 2 1.27mi
6505 Winfield Blvd Margate, FL 1.0 1.0 720 $1,450 $2.01 10d 2 1.27mi
6505 Winfield Blvd Unit B45 Margate, FL 1.0 1.0 720 $1,400 $1.94 13d 1 1.27mi

HOA detail condo

Monthly dues
$586 · $7,032/yr
Likely covers
watercablepoolgym
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 29 events

  1. 2026-06-18
    days on market $109,000 Active 99 DOM
  2. 2026-06-17
    days on market $109,000 Active 98 DOM
  3. 2026-06-16
    days on market $109,000 Active 97 DOM
  4. 2026-06-15
    days on market $109,000 Active 96 DOM
  5. 2026-06-13
    days on market $109,000 Active 94 DOM
  6. 2026-06-09
    days on market $109,000 Active 90 DOM
  7. 2026-06-07
    days on market $109,000 Active 88 DOM
  8. 2026-06-04
    days on market $109,000 Active 85 DOM
  9. 2026-06-03
    days on market $109,000 Active 84 DOM
  10. 2026-06-02
    days on market $109,000 Active 83 DOM
  11. 2026-06-01
    days on market $109,000 Active 82 DOM
  12. 2026-05-31
    days on market $109,000 Active 81 DOM
  13. 2026-03-18
    price $109,000
  14. 2026-01-09
    listed $112,000 Active
  15. 2023-03-07
    soldstatus $112,500 Closed 730-char remark
    Show marketing remark (730 chars)

    STUNNING 1 BED AND 1 BATH 55+ UNIT IS WAITING FOR YOU! THIS UNIT HAS A BEAUTIFUL CERAMIC TILE THRU THE ENTIRE LIVING AREA, THE EXTENDED LIVING ROOM GIVES YOU EXTRA EXTRA LIVING SPACE FOR YOU & YOUR GUESTS. THIS UNIT HAS IMPACT WINDOW EXCEPT THE EXTENDED AREA THAT MAKE YOU FEEL VERY SAFE AND QUIET ENVIROMENT. AC IS ONLY 2 YEARS OLD. THIS UNIT IS IN A PERFECT LOCATION WITHIN THE VERY ACTIVE HOPA COMMUNITY OF HOLIDAY SPRINGS. HEATED RESORT STYLE POOL & CLUBHOUSE, FITNESS CENTER + AEROBIC CLASSES, LIBRARY, TIKI HUTS, TENNIS COURT, THEATER AND MUCH MORE. NO RENTALS ALLOWED. BASIC CABLE AND WATER IS INCLUED IN TTHE MAINTENACE. FOR FURTHER ASSOCIATION QUESTIONS PLEASE CALL PMGMT CAMPBELL. FURNITURES ARE NEGOTIABLE.

  16. 2023-03-07
    soldstatus $112,500
    Show marketing remark (730 chars)

    STUNNING 1 BED AND 1 BATH 55+ UNIT IS WAITING FOR YOU! THIS UNIT HAS A BEAUTIFUL CERAMIC TILE THRU THE ENTIRE LIVING AREA, THE EXTENDED LIVING ROOM GIVES YOU EXTRA EXTRA LIVING SPACE FOR YOU & YOUR GUESTS. THIS UNIT HAS IMPACT WINDOW EXCEPT THE EXTENDED AREA THAT MAKE YOU FEEL VERY SAFE AND QUIET ENVIROMENT. AC IS ONLY 2 YEARS OLD. THIS UNIT IS IN A PERFECT LOCATION WITHIN THE VERY ACTIVE HOPA COMMUNITY OF HOLIDAY SPRINGS. HEATED RESORT STYLE POOL & CLUBHOUSE, FITNESS CENTER + AEROBIC CLASSES, LIBRARY, TIKI HUTS, TENNIS COURT, THEATER AND MUCH MORE. NO RENTALS ALLOWED. BASIC CABLE AND WATER IS INCLUED IN TTHE MAINTENACE. FOR FURTHER ASSOCIATION QUESTIONS PLEASE CALL PMGMT CAMPBELL. FURNITURES ARE NEGOTIABLE.

  17. 2023-03-06
    status Pending 730-char remark
    Show marketing remark (730 chars)

    STUNNING 1 BED AND 1 BATH 55+ UNIT IS WAITING FOR YOU! THIS UNIT HAS A BEAUTIFUL CERAMIC TILE THRU THE ENTIRE LIVING AREA, THE EXTENDED LIVING ROOM GIVES YOU EXTRA EXTRA LIVING SPACE FOR YOU & YOUR GUESTS. THIS UNIT HAS IMPACT WINDOW EXCEPT THE EXTENDED AREA THAT MAKE YOU FEEL VERY SAFE AND QUIET ENVIROMENT. AC IS ONLY 2 YEARS OLD. THIS UNIT IS IN A PERFECT LOCATION WITHIN THE VERY ACTIVE HOPA COMMUNITY OF HOLIDAY SPRINGS. HEATED RESORT STYLE POOL & CLUBHOUSE, FITNESS CENTER + AEROBIC CLASSES, LIBRARY, TIKI HUTS, TENNIS COURT, THEATER AND MUCH MORE. NO RENTALS ALLOWED. BASIC CABLE AND WATER IS INCLUED IN TTHE MAINTENACE. FOR FURTHER ASSOCIATION QUESTIONS PLEASE CALL PMGMT CAMPBELL. FURNITURES ARE NEGOTIABLE.

  18. 2022-11-14
    listed $115,000 Active 730-char remark
    Show marketing remark (730 chars)

    STUNNING 1 BED AND 1 BATH 55+ UNIT IS WAITING FOR YOU! THIS UNIT HAS A BEAUTIFUL CERAMIC TILE THRU THE ENTIRE LIVING AREA, THE EXTENDED LIVING ROOM GIVES YOU EXTRA EXTRA LIVING SPACE FOR YOU & YOUR GUESTS. THIS UNIT HAS IMPACT WINDOW EXCEPT THE EXTENDED AREA THAT MAKE YOU FEEL VERY SAFE AND QUIET ENVIROMENT. AC IS ONLY 2 YEARS OLD. THIS UNIT IS IN A PERFECT LOCATION WITHIN THE VERY ACTIVE HOPA COMMUNITY OF HOLIDAY SPRINGS. HEATED RESORT STYLE POOL & CLUBHOUSE, FITNESS CENTER + AEROBIC CLASSES, LIBRARY, TIKI HUTS, TENNIS COURT, THEATER AND MUCH MORE. NO RENTALS ALLOWED. BASIC CABLE AND WATER IS INCLUED IN TTHE MAINTENACE. FOR FURTHER ASSOCIATION QUESTIONS PLEASE CALL PMGMT CAMPBELL. FURNITURES ARE NEGOTIABLE.

  19. 2020-12-09
    soldstatus $65,000
  20. 2019-09-16
    soldstatus $47,000
  21. 2019-09-06
    soldstatus $47,000 Sold 369-char remark
    Show marketing remark (369 chars)

    GREAT UNIT IN THE VERY ACTIVE & DESIREABLE COMMUNITY OF HOLIDAY SPRINGS. RESORT LIKE AMMENITIES WITHOUT THE RESORT PRICES. THE UNIT HAS BE UPDATED WITH ALL CERAMIC TILES, UPDATED KITCHEN & BATHROOM, ENCLOSED FLORIDA ROOM. THIS IS A MUST SEE GREAT FOR YEAR ROUND OR FULL TIME RESIDENCY. THE ASSOCIATION STATES IT IS AN HOPA COMMUNITY WITH NO RENTALS ALLOWED.

  22. 2019-08-13
    status Pending 369-char remark
    Show marketing remark (369 chars)

    GREAT UNIT IN THE VERY ACTIVE & DESIREABLE COMMUNITY OF HOLIDAY SPRINGS. RESORT LIKE AMMENITIES WITHOUT THE RESORT PRICES. THE UNIT HAS BE UPDATED WITH ALL CERAMIC TILES, UPDATED KITCHEN & BATHROOM, ENCLOSED FLORIDA ROOM. THIS IS A MUST SEE GREAT FOR YEAR ROUND OR FULL TIME RESIDENCY. THE ASSOCIATION STATES IT IS AN HOPA COMMUNITY WITH NO RENTALS ALLOWED.

  23. 2019-08-07
    status Backup Contract 369-char remark
    Show marketing remark (369 chars)

    GREAT UNIT IN THE VERY ACTIVE & DESIREABLE COMMUNITY OF HOLIDAY SPRINGS. RESORT LIKE AMMENITIES WITHOUT THE RESORT PRICES. THE UNIT HAS BE UPDATED WITH ALL CERAMIC TILES, UPDATED KITCHEN & BATHROOM, ENCLOSED FLORIDA ROOM. THIS IS A MUST SEE GREAT FOR YEAR ROUND OR FULL TIME RESIDENCY. THE ASSOCIATION STATES IT IS AN HOPA COMMUNITY WITH NO RENTALS ALLOWED.

  24. 2019-07-21
    listed $59,500 Active 369-char remark
    Show marketing remark (369 chars)

    GREAT UNIT IN THE VERY ACTIVE & DESIREABLE COMMUNITY OF HOLIDAY SPRINGS. RESORT LIKE AMMENITIES WITHOUT THE RESORT PRICES. THE UNIT HAS BE UPDATED WITH ALL CERAMIC TILES, UPDATED KITCHEN & BATHROOM, ENCLOSED FLORIDA ROOM. THIS IS A MUST SEE GREAT FOR YEAR ROUND OR FULL TIME RESIDENCY. THE ASSOCIATION STATES IT IS AN HOPA COMMUNITY WITH NO RENTALS ALLOWED.

  25. 2018-12-13
    soldstatus $46,000
  26. 2018-11-08
    historical
  27. 2018-11-03
    listed $53,000 Active
  28. 1998-09-03
    soldstatus $25,000
  29. 1974-10-01
    soldstatus $18,000

ⓘ 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
$2,012 · $168/mo
Projected year-2 tax
$2,012 · $168/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
$19,255
− Mortgage interest
−$6,106
− Property taxes
−$2,012
− Insurance
−$545
− Repairs & maintenance
−$1,540
− Management
−$1,540
− HOA
−$7,032
− Depreciation
−$3,171
Taxable loss
−$2,691
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$646
After-tax cash flow
$-590/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 — Margate

Score
81/100
State rank
#85
US rank
#1398

Category grades

Amenities F Commute A+ Cost of living A- Crime B- Employment C Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Margate, FL
County
Broward County · 1,963,430 people
City population
55,466
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
55,466
Household income
$62,918
Rent vs Own
26.3% rent · 73.7% own
Severe rent burden
2290.0

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
Highly diverse neighborhood (Simpson 0.72)
Race & ethnicity
White 34% Hispanic / Latino 29% Black 28% Two or more races 18% Asian 4%
Hispanic origin (detail)
Mexican 2% Puerto Rican 7% Cuban 3% Dominican 3%
Common ancestry
Hispanic 6% Romanian 2% Estonian 2%
Foreign-born
36% · Canada, Jamaica, Vietnam
Languages at home
61% English-only · Spanish 24% French/Haitian/Cajun 7% Other Indo-European 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
▼ -87.17%
Current HPI
393.9225
Rent YoY
▲ 1.94%
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

+505.6% since first listed
17 events — show timeline
  • 2026-03-18 Price Changed $109,000 Beaches MLS
  • 2026-01-09 Listed $112,000 Beaches MLS
  • 2023-03-07 Sold (Public Records) $112,500 Public Records
  • 2023-03-07 Sold (MLS) $112,500 MARMLS
  • 2023-03-06 Pending MARMLS
  • 2022-11-14 Listed $115,000 MARMLS
  • 2020-12-09 Sold (Public Records) $65,000 Public Records
  • 2019-09-16 Sold (Public Records) $47,000 Public Records
  • 2019-09-06 Sold (MLS) $47,000 MARMLS
  • 2019-08-13 Pending MARMLS
  • 2019-08-07 Pending MARMLS
  • 2019-07-21 Listed $59,500 MARMLS
  • 2018-12-13 Sold (Public Records) $46,000 Public Records
  • 2018-11-08 Listing Removed MARMLS
  • 2018-11-03 Listed $53,000 MARMLS
  • 1998-09-03 Sold (Public Records) $25,000 Public Records
  • 1974-10-01 Sold (Public Records) $18,000 Public Records

Property tax history

+16.9%/yr

Latest (2025): $2,012 · -19.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…