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310 S Cypress Rd #729
B Composite 70.82
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +3.7/5.0
  • Rent growth +3.0/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$106,500

310 S Cypress Rd #729 · Pompano Beach, FL 33060
2 bd · 2.0 ba · 840 sqft · Condo public records · 99 Days on market
Built 1967 $329/mo HOA · 15% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

LOVELY top floor corner 2 bed/1.5 bath unit with lots of room for your personal touch * * * Great condition * * * Fully Furnished * * * In the Heart of Pompano Beach * * 2.5 Miles to the Beach * * * Active Adult Community * * * Across the street from Publix * * * Next to Shopping, Restaurants, Salons, Bus Stops. .. * * * Large Master Bedroom * * * Low Maintenance * * * Plenty of amenities: park-like walking areas, large heated swimming pool, laundry facilities, clubhouse, library, BBQ/picnic area and community activities. * * * AMAZING LOCATION * * * GOOD CONDITION * * * READY TO MOVE-IN * * * THE BEST FOR RELOCATION * * * Management has just updated: EXTERIOR, INTERIOR Hallway New Fresh Painted Walls and New Carpets in the Building. * * *

Key facts

  • Updated kitchen
  • New laminate floors
  • Resort-style living

Tags

WELL-MAINTAINED COMMUNITYUPDATED KITCHENGRANITE COUNTERSNEW LAMINATE FLOORSPRIME LOCATIONRESORT-STYLE LIVING

Property features AI

Finance

  • HOA & community: Has association; Monthly HOA fee of $329; Community amenities include clubhouse, fitness center, parking, and shuffleboard court; HOA covers insurance, grounds and structure maintenance, sewer, trash, water, common areas, reserve funds, roof repairs, recreation facilities, and pool service; Senior community

Exterior

  • Parking: Assigned parking; Guest parking
  • Security: Closed-circuit cameras; Security fence
  • Utilities: Has heating; Has cooling
  • Home design: Stock cooperative; 2 stories; Second-floor entry
  • Construction: CBS construction
  • Exterior features: Privacy fencing; No waterfront

Interior

  • Kitchen: Electric range; Microwave; Refrigerator
  • Bedrooms: 2 main-level bedrooms
  • Flooring: Laminate flooring
  • Bathrooms: 1 full bathroom; 1 half bathroom (2 total)
  • Heating & cooling: Electric heating; Electric cooling
  • Interior features: Walk-in closet(s); Blinds on windows

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 $106k.

Deal economics

  • At list price, monthly cash flow is $554 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $106k).
  • Recommended offer: $97k (9.0% below list) — sets the bar for market timing.
  • Cap rate 12.5% vs local median 3.1% in Pompano 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 74/100 on livability (#284 in FL, #4,541 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, cost of living B+; Watch: employment D+, 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: Cypress Elementary School (math 26% / reading 30%, grade F, #1,951 of 2,144 statewide, top 91%, 740 students, 80% FRL); Pompano Beach Middle School (math 29% / reading 40%, grade F, #421 of 571 statewide, top 74%, 1,040 students, 73% FRL); Blanche Ely High School (math 7% / reading 29%, grade F, #570 of 667 statewide, top 86%, 1,906 students, 75% FRL) — zoned schools average 76% FRL vs 51% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 27% at this address vs 48% district-wide (-21 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 (+2.1%/yr); 338 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 40% of the median local income ($65k/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 $736 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.
  • At projected returns (-3.0% appreciation + 2.1% rent growth), your $30k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 99 days — a 9% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 4y 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

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $96,915 (9.0% below list)

Questions for the listing agent

  1. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1967 — 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
2.00%
Cap rate
12.54%
Cash-on-cash
22.31%
DSCR
1.99
GRM
4.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.12% rent growth · sell at horizon

5-year hold
IRR
14.0%
Equity multiple
1.55×
Total profit
$16,458
Equity at exit
$15,879
10-year hold
IRR
22.0%
Equity multiple
2.79×
Total profit
$53,369
Equity at exit
$9,208

Cash invested: $29,820 (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 33060

Home prices YoY
-23.6%
Rents YoY
2.1%
Active inventory
338
Price-to-rent
4.2×

Monthly cashflow live

Estimated rent
$2,135 high interval (Pro) →
Mortgage (P&I)
$558
Tax from tax record
$200 /mo · $2,401/yr
Insurance
$44
HOA
$329
Vacancy / Maint / Mgmt
$448
Net cashflow
$554

Break-even live

Break-even rent $1,433
Max offer price $106,500
Occupancy floor 69%

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
$26,625
Closing costs
$3,195
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
13 SW 3rd St #13 Pompano Beach, FL 2.0 1.5 1040 $2,400 $2.31 24d 1 0.03mi
280 S Cypress Rd #310 Pompano Beach, FL 1.0 1.0 650 $1,700 $2.62 24d 1 0.05mi
270 S Cypress Rd #204 Pompano Beach, FL 1.0 1.5 650 $1,600 $2.46 11d 1 0.07mi
270 S Cypress Rd #204 Pompano Beach, FL 1.0 1.5 650 $1,650 $2.54 11d 1 0.07mi
81 SW 3rd St Unit 81 Pompano Beach, FL 2.0 1.5 1040 $2,100 $2.02 24d 1 0.07mi
260 S Cypress Rd #108 Pompano Beach, FL 2.0 2.0 850 $1,900 $2.24 15d 1 0.09mi
55 SW 3rd St Pompano Beach, FL 2.0 1.0 1040 $2,500 $2.40 24d 1 0.12mi
253 S Cypress Rd #214 Pompano Beach, FL 1.0 1.0 678 $1,450 $2.14 24d 1 0.15mi
138 S Cypress Rd #224 Pompano Beach, FL 2.0 2.0 936 $2,600 $2.78 14d 1 0.17mi
147 SW 3rd St Pompano Beach, FL 2.0 1.5 1040 $2,500 $2.40 7d 1 0.19mi
132 S Cypress Rd #523 Pompano Beach, FL 2.0 2.0 936 $2,000 $2.14 24d 1 0.20mi
201 SE 6th Ave #7 Pompano Beach, FL 2.0 2.0 939 $1,900 $2.02 24d 1 0.37mi
151 SE 6th Ave Pompano Beach, FL 1.0 1.5 700 $1,525 $2.18 24d 2 0.38mi
475 SE 1st St Pompano Beach, FL 3.0 1.0–2.0 1017 $3,711 $3.65 1d 19 0.38mi
101 SE 6th Ave Pompano Beach, FL 1.0–2.0 1.5–2.0 939 $2,099 $2.24 24d 3 0.41mi
313 SW 1st Ct Unit L4 Pompano Beach, FL 2.0 2.0 855 $2,500 $2.92 4d 1 0.45mi
313 SW 1st Ct Unit L4 Pompano Beach, FL 2.0 2.0 855 $2,300 $2.69 3d 1 0.45mi
200 NE 1st Ave Pompano Beach, FL 2.0 1.0–2.5 1149 $3,600 $3.13 2d 47 0.46mi
651 Pine Dr Pompano Beach, FL 2.0 2.0 1000 $2,000 $2.00 24d 1 0.46mi
320 SW 1st St Pompano Beach, FL 2.0 2.0 870 $1,850 $2.13 24d 1 0.47mi
344 SW 1st St #6 Pompano Beach, FL 2.0 2.0 840 $1,825 $2.17 15d 1 0.52mi
840 Pine Dr #103 Pompano Beach, FL 2.0 2.0 904 $2,800 $3.10 24d 1 0.53mi
241 SE 9th Ave Pompano Beach, FL 2.0 2.0 725 $1,800 $2.48 11d 2 0.54mi
912 Pine Dr #211 Pompano Beach, FL 2.0 2.0 949 $1,900 $2.00 24d 1 0.57mi
450 SW 2nd St Unit 518-7 Pompano Beach, FL 2.0 1.0 800 $1,750 $2.19 24d 1 0.60mi
320 SE 10th Ave Unit D Pompano Beach, FL 2.0 2.0 1000 $2,300 $2.30 24d 1 0.62mi
20 NW 7th Ave #6 Pompano Beach, FL 3.0 1.5 1088 $2,150 $1.98 15d 1 0.63mi
500 SW 2nd Ct Pompano Beach, FL 1.0 1.0 650 $1,595 $2.45 24d 1 0.64mi
305 SE 11th Ave Unit D Pompano Beach, FL 3.0 2.0 1000 $2,400 $2.40 17d 1 0.65mi
103 NW 7th Ave Pompano Beach, FL 2.0 1.0 650 $2,000 $3.08 24d 1 0.68mi
344 SE 11th Ave #8 Pompano Beach, FL 1.0 1.0 600 $1,500 $2.50 24d 1 0.68mi
1100 Pine Dr #102 Pompano Beach, FL 2.0 2.0 950 $2,100 $2.21 24d 1 0.69mi
100 NW 8th St Pompano Beach, FL 2.0 2.0 1024 $2,175 $2.12 24d 1 0.76mi
810 NE 3rd Ave Pompano Beach, FL 2.0 1.0 650 $3,000 $4.62 11d 1 0.85mi
810 NE 3rd Ave Pompano Beach, FL 2.0 1.0 650 $2,900 $4.46 1d 1 0.85mi
360 NW 8th St Unit 8 Pompano Beach, FL 2.0 1.0 875 $1,900 $2.17 24d 1 0.86mi
160 SE 12th St Pompano Beach, FL 2.0 2.0 950 $5,390 $5.67 24d 1 0.86mi
610 NW 7th Ave Pompano Beach, FL 1.0–2.0 1.0 725 $1,800 $2.48 24d 3 0.86mi
308 NE 8th Ct Pompano Beach, FL 3.0 1.0 576 $2,700 $4.69 24d 1 0.87mi
1261 NE 2nd St Pompano Beach, FL 2.0 1.0 1010 $2,650 $2.62 22d 1 0.87mi

HOA detail condo

Monthly dues
$329 · $3,948/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 17 events

  1. 2026-06-18
    days on market $106,500 Active 99 DOM
  2. 2026-06-17
    days on market $106,500 Active 98 DOM
  3. 2026-06-16
    days on market $106,500 Active 97 DOM
  4. 2026-06-15
    days on market $106,500 Active 96 DOM
  5. 2026-06-13
    pricedays on market $106,500 Active 94 DOM
  6. 2026-06-09
    days on market $108,800 Active 90 DOM
  7. 2026-06-07
    pricedays on market $108,800 Active 88 DOM
  8. 2026-06-04
    days on market $108,900 Active 85 DOM
  9. 2026-06-03
    days on market $108,900 Active 84 DOM
  10. 2026-06-02
    days on market $108,900 Active 83 DOM
  11. 2026-06-01
    days on market $108,900 Active 82 DOM
  12. 2026-05-31
    days on market $108,900 Active 81 DOM
  13. 2026-04-17
    price $108,900
  14. 2026-03-03
    listed $109,000 Active
  15. 2022-06-27
    soldstatus $100,000 Closed 806-char remark
    Show marketing remark (806 chars)

    LOVELY top floor corner 2 bed/1.5 bath unit with lots of room for your personal touch * * * Great condition * * * Fully Furnished * * * In the Heart of Pompano Beach * * 2.5 Miles to the Beach * * * Active Adult Community * * * Across the street from Publix * * * Next to Shopping, Restaurants, Salons, Bus Stops. .. * * * Large Master Bedroom * * * Low Maintenance * * * Plenty of amenities: park-like walking areas, large heated swimming pool, laundry facilities, clubhouse, library, BBQ/picnic area and community activities. * * * AMAZING LOCATION * * * GOOD CONDITION * * * READY TO MOVE-IN * * * THE BEST FOR RELOCATION * * * Management has just updated: EXTERIOR, INTERIOR Hallway New Fresh Painted Walls and New Carpets in the Building. * * *

  16. 2022-05-14
    status Pending 806-char remark
    Show marketing remark (806 chars)

    LOVELY top floor corner 2 bed/1.5 bath unit with lots of room for your personal touch * * * Great condition * * * Fully Furnished * * * In the Heart of Pompano Beach * * 2.5 Miles to the Beach * * * Active Adult Community * * * Across the street from Publix * * * Next to Shopping, Restaurants, Salons, Bus Stops. .. * * * Large Master Bedroom * * * Low Maintenance * * * Plenty of amenities: park-like walking areas, large heated swimming pool, laundry facilities, clubhouse, library, BBQ/picnic area and community activities. * * * AMAZING LOCATION * * * GOOD CONDITION * * * READY TO MOVE-IN * * * THE BEST FOR RELOCATION * * * Management has just updated: EXTERIOR, INTERIOR Hallway New Fresh Painted Walls and New Carpets in the Building. * * *

  17. 2022-04-29
    listed $96,900 Active 806-char remark
    Show marketing remark (806 chars)

    LOVELY top floor corner 2 bed/1.5 bath unit with lots of room for your personal touch * * * Great condition * * * Fully Furnished * * * In the Heart of Pompano Beach * * 2.5 Miles to the Beach * * * Active Adult Community * * * Across the street from Publix * * * Next to Shopping, Restaurants, Salons, Bus Stops. .. * * * Large Master Bedroom * * * Low Maintenance * * * Plenty of amenities: park-like walking areas, large heated swimming pool, laundry facilities, clubhouse, library, BBQ/picnic area and community activities. * * * AMAZING LOCATION * * * GOOD CONDITION * * * READY TO MOVE-IN * * * THE BEST FOR RELOCATION * * * Management has just updated: EXTERIOR, INTERIOR Hallway New Fresh Painted Walls and New Carpets in the Building. * * *

ⓘ 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
$2,401 · $200/mo
Projected year-2 tax
$2,401 · $200/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 4/10 Moderate FEMA zone X (shaded) · 22% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 25 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
$25,616
− Mortgage interest
−$5,966
− Property taxes
−$2,401
− Insurance
−$532
− Repairs & maintenance
−$2,049
− Management
−$2,049
− HOA
−$3,948
− Depreciation
−$3,098
Taxable income
$5,572
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,337
After-tax cash flow
$5,316/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 — Pompano Beach

Score
74/100
State rank
#284
US rank
#4541

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Pompano Beach, FL
County
Broward County · 1,963,430 people
City population
155,861
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
37,233
Household income
$64,819
Rent vs Own
49.0% rent · 51.0% own
Severe rent burden
2870.0

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 0.69)
Race & ethnicity
Black 38% White 33% Hispanic / Latino 26% Two or more races 14%
Hispanic origin (detail)
Mexican 9% Puerto Rican 2% Cuban 3% Dominican 1%
Common ancestry
Hispanic 13% Romanian 2% Slovak 1%
Foreign-born
31% · Canada, Jamaica
Languages at home
60% English-only · Spanish 23% French/Haitian/Cajun 13% Other Indo-European 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
▼ -131.09%
Current HPI
425.3083
Rent YoY
▲ 2.12%
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

+12.4% since first listed
5 events — show timeline
  • 2026-04-17 Price Changed $108,900 Beaches MLS
  • 2026-03-03 Listed $109,000 Beaches MLS
  • 2022-06-27 Sold (MLS) $100,000 Beaches MLS
  • 2022-05-14 Pending Beaches MLS
  • 2022-04-29 Listed $96,900 Beaches MLS

Property tax history

+8.0%/yr

Latest (2025): $2,401 · +7.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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