5720 NE 22nd Way #406 · Fort Lauderdale, FL
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.66%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- 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
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +4.1/5.0
- Schools +3.9/10.0
- Condition / age +3.8/5.0
- Rent growth +3.4/5.0
- Appreciation +0.0/10.0
$135,000
5720 NE 22nd Way #406 · Fort Lauderdale, FL 33308
1 bd · 1.0 ba · 900 sqft · Condo
public records
· 13 Days on market
Built 1970
$150/sqft
· 37% below area
Est $166k · 18% under
$500/mo HOA · 16% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
* BEST PRICED CONDO IN ALL EAST FORT LAUDERDALE * 1/1 LARGE GROUND FLOOR UNIT IN OUTSTANDING CONDITION! MANY UPGRADES! (NEW HURRICANE IMPACT WINDOWS, NEW FRIDGE, FANS AND MORE) FRESHLY PAINTED WITH NEWER AC! UNIT IS LOCATED CLOSE TO THE COMMUNITY POOL AND OFFERS A LARGE CORNER ASSIGNED PARKING SPOT. LOW MONTHLY MAINTENANCE! * THE LOCATION COULDN'T BE BETTER - 5 MINS TO "LAUDERDALE BY THE SEA" AND IS LOCATED IN THE "IMPERIAL POINT SUBDIVISION! AMAZING VALUE!!!
Key facts
- Ground floor unit
- Community pool
- $500 HOA
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $135k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $971 ($12k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $135k).
- Cap rate 14.9% vs local median 2.1% in Fort Lauderdale — 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 82/100 on livability (#78 in FL, #1,293 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, health & safety A+; Watch: cost of living 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: Mcnab Elementary School (math 51% / reading 63%, grade C+, #781 of 2,144 statewide, top 38%, 614 students, 56% FRL); Pompano Beach Middle School (math 29% / reading 40%, grade F, #421 of 571 statewide, top 74%, 1,040 students, 73% FRL); Northeast High School (math 12% / reading 37%, grade F, #505 of 667 statewide, top 79%, 1,552 students, 69% FRL).
- Market conditions: Rents rising (+3.6%/yr); 985 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 36d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
- This rent runs 40% of the median local income ($94k/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 $933 of loan paydown is wiped out by about $4k 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 + 3.6% rent growth), your $38k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
- 7 sale attempts since 24y 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: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$135,000
Questions for the listing agent
- Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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.
- 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.
- 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
- 2.34% ✓
- Cap rate
- 14.92%
- Cash-on-cash
- 30.82%
- DSCR
- 2.37
- GRM
- 3.6
CMA / ARV
- ARV (median comp)
- $165,516
- List price
- $135,000
- Delta
- -18.44%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1900 S Ocean Blvd Apt 6j | 1.26mi | 1/1.5 | 890 (-1%) | 0mo | $415,000 | $466 | 61 |
| 1900 S Ocean Blvd Unit 14l | 1.26mi | 1/1.0 | 870 (-3%) | 1mo | $325,000 | $374 | 59 |
| 6000 N Ocean Blvd Unit 7b | 1.18mi | 2/2.0 (+1) | 904 (+0%) | 1mo | $520,000 | $575 | 54 |
| 2180 NE 67th St #721 | 0.77mi | 2/1.5 (+1) | 875 (-3%) | 1mo | $150,000 | $171 | 53 |
| 2220 NE 68th St #1012 | 0.81mi | 2/2.0 (+1) | 875 (-3%) | 0mo | $195,000 | $223 | 51 |
| 3200 Port Royale Dr N #910 | 1.07mi | 1/1.5 | 1,005 (+12%) | 1mo | $235,000 | $234 | 43 |
| 1620 S Ocean Blvd Unit 5l | 1.43mi | 1/1.5 | 1,116 (+24%) | 0mo | $360,000 | $323 | 38 |
| 6000 N Ocean Blvd Unit 8e | 1.18mi | 1/1.5 | 686 (-24%) | 1mo | $320,000 | $466 | 37 |
| 1620 S Ocean Blvd Unit 10m | 1.43mi | 1/2.0 | 1,116 (+24%) | 0mo | $555,000 | $497 | 36 |
| 2000 NE 51st Ct #201 | 0.74mi | 2/1.0 (+1) | 700 (-22%) | 0mo | $148,000 | $211 | 35 |
| 4800 Bayview Dr #402 | 0.77mi | 2/2.0 (+1) | 1,032 (+15%) | 1mo | $300,000 | $291 | 31 |
| 2121 NE 68th St #209 | 0.87mi | 2/2.0 (+1) | 1,100 (+22%) | 1mo | $230,000 | $209 | 30 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.63% rent growth · sell at horizon
5-year hold
- IRR
- 26.7%
- Equity multiple
- 2.12×
- Total profit
- $42,396
- Equity at exit
- $20,129
10-year hold
- IRR
- 34.9%
- Equity multiple
- 4.35×
- Total profit
- $126,618
- Equity at exit
- $11,672
Cash invested: $37,800 (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.
Active competition Active MLS
- For sale now
- 7 active · 5 under contract
- Median asking
- $219,000 ($269/sqft)
- Median days on market
- 84 d
- This list price
- 14% of active listings are priced below it
- ARV vs active asking
- -31.7% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33308
- Rents YoY
- 3.6%
- Active inventory
- 985
- Price-to-rent
- 3.6×
Monthly cashflow live
↻
- Estimated rent
- $3,165 high interval (Pro) →
- Mortgage (P&I)
- −$708
- Tax from tax record
- −$265 /mo · $3,178/yr
- Insurance
- −$56
- HOA
- −$500
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$665
- Net cashflow
- $971
Break-even live
Break-even rent
$1,935
Max offer price
$135,000
Occupancy floor
64%
Sensitivity live
| Price | -10% $1,047 | -5% $1,009 | +0% $971 | +5% $933 | +10% $895 |
|---|---|---|---|---|---|
| Rent | -10% $721 | -5% $846 | +0% $971 | +5% $1,096 | +10% $1,221 |
| Rate | -1.0pp $1,039 | -0.5pp $1,005 | base $971 | +0.5pp $936 | +1.0pp $900 |
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
- $33,750
- Closing costs
- $4,050
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2901 NE 51st St #3 Fort Lauderdale, FL | 2.0 | 2.0 | 800 | $2,900 | $3.62 | 2d | 1 | 0.55mi |
| 5100 DuPont Blvd Unit 10N Fort Lauderdale, FL | 2.0 | 2.5 | 1079 | $6,000 | $5.56 | 55d | 1 | 0.72mi |
| 2400 NE 65th St Fort Lauderdale, FL | 1.0–3.0 | 1.0–2.0 | 1092 | $1,991 | $1.82 | 0d | 21 | 0.74mi |
| 4800 Bayview Dr #303 Fort Lauderdale, FL | 2.0 | 2.0 | 1032 | $3,500 | $3.39 | 120d | 1 | 0.74mi |
| 1631 S Federal Hwy Pompano Beach, FL | 1.0–3.0 | 1.0–2.0 | 1092 | $2,049 | $1.88 | 0d | 16 | 0.86mi |
| 4512 Sea Grape Dr Unit 1 Lauderdale-By-The-Sea, FL | 1.0 | 1.0 | 853 | $3,500 | $4.10 | 120d | 1 | 0.90mi |
| 6407 Bay Club Dr #1 Fort Lauderdale, FL | 1.0 | 1.5 | 850 | $3,000 | $3.53 | 31d | 1 | 0.91mi |
| 4627 Bougainvilla Dr Unit 2E Lauderdale by the Sea, FL | 2.0 | 2.0 | 803 | $3,200 | $3.99 | 18d | 1 | 0.93mi |
| 1611 NE 50th Ct Unit 1 Fort Lauderdale, FL | 2.0 | 2.0 | 825 | $3,000 | $3.64 | 86d | 1 | 0.96mi |
| 3101 Port Royale Blvd Fort Lauderdale, FL | 1.0–2.0 | 1.0–2.0 | 752 | $1,965 | $2.61 | 35d | 20 | 1.00mi |
| 4900 N Ocean Blvd #1209 Lauderdale by the Sea, FL | 1.0 | 2.0 | 960 | $4,000 | $4.17 | 79d | 1 | 1.05mi |
| 4900 N Ocean Blvd #1601 Lauderdale by the Sea, FL | 1.0 | 1.5 | 1000 | $3,750 | $3.75 | 46d | 1 | 1.05mi |
| 4900 N Ocean Blvd #1509 Lauderdale by the Sea, FL | 1.0 | 1.5 | 960 | $3,250 | $3.39 | 42d | 1 | 1.05mi |
| 4900 N Ocean Blvd #1601 Lauderdale by the Sea, FL | 1.0 | 1.5 | 1000 | $4,000 | $4.00 | 120d | 1 | 1.05mi |
| 5000 N Ocean Blvd #506 Lauderdale by the Sea, FL | 1.0 | 1.5 | 1080 | $3,900 | $3.61 | 64d | 1 | 1.07mi |
| 5000 N Ocean Blvd #506 Lauderdale by the Sea, FL | 1.0 | 1.5 | 1080 | $3,900 | $3.61 | 120d | 1 | 1.07mi |
| 5100 N Ocean Blvd #502 Lauderdale by the Sea, FL | 1.0 | 1.5 | 1080 | $3,400 | $3.15 | 120d | 1 | 1.07mi |
| 5100 N Ocean Blvd #1701 Lauderdale by the Sea, FL | 1.0 | 1.5 | 1080 | $5,000 | $4.63 | 41d | 1 | 1.07mi |
| 5100 N Ocean Blvd #602 Lauderdale by the Sea, FL | 1.0 | 1.5 | 1080 | $4,250 | $3.94 | 5d | 1 | 1.07mi |
| 5100 N Ocean Blvd #802 Lauderdale by the Sea, FL | 1.0 | 1.5 | 1080 | $3,850 | $3.56 | 19d | 1 | 1.07mi |
| 5100 N Ocean Blvd #602 Lauderdale by the Sea, FL | 1.0 | 1.5 | 1080 | $3,500 | $3.24 | 31d | 1 | 1.07mi |
| 5100 N Ocean Blvd #401 Lauderdale by the Sea, FL | 1.0 | 1.5 | 1080 | $4,200 | $3.89 | 7d | 1 | 1.07mi |
| 4564 El Mar Dr #4 Lauderdale by the Sea, FL | 1.0 | 1.0 | 566 | $3,500 | $6.18 | 113d | 1 | 1.08mi |
| 5200 N Ocean Blvd Unit 109C Lauderdale by the Sea, FL | 1.0 | 1.5 | 1000 | $4,799 | $4.80 | 24d | 1 | 1.09mi |
| 5200 N Ocean Blvd Lauderdale by the Sea, FL | 1.0–2.0 | 1.5–2.0 | 1165 | $2,900 | $2.49 | 2d | 2 | 1.11mi |
| 3333 Port Royale Dr S Fort Lauderdale, FL | 3.0 | 1.0–2.0 | 1070 | $2,878 | $2.69 | 0d | 34 | 1.14mi |
| 6000 N Ocean Blvd Unit 10A Lauderdale by the Sea, FL | 2.0 | 2.0 | 904 | $3,500 | $3.87 | 70d | 1 | 1.19mi |
| 6000 N Ocean Blvd Unit 1D Lauderdale by the Sea, FL | 2.0 | 2.0 | 904 | $3,000 | $3.32 | 10d | 1 | 1.19mi |
| 6000 N Ocean Blvd Unit 1D Lauderdale by the Sea, FL | 2.0 | 2.0 | 904 | $3,200 | $3.54 | 117d | 1 | 1.19mi |
| 1400 NE 54th St Fort Lauderdale, FL | 2.0–3.0 | 2.0–3.0 | 1352 | $2,950 | $2.18 | 19d | 2 | 1.19mi |
| 1400 NE 54th St #107 Fort Lauderdale, FL | 2.0 | 2.0 | 952 | $2,950 | $3.10 | 11d | 1 | 1.19mi |
| 6000 N Ocean Blvd Lauderdale by the Sea, FL | 2.0 | 2.0 | 904 | $3,350 | $3.71 | 94d | 2 | 1.21mi |
| 6000 N Ocean Blvd Lauderdale by the Sea, FL | 2.0 | 2.0 | 904 | $3,000 | $3.32 | 11d | 2 | 1.21mi |
| 2000 S Ocean Blvd Pompano Beach, FL | 1.0–2.0 | 1.5–2.0 | 1070 | $3,400 | $3.18 | 10d | 2 | 1.24mi |
| 2000 S Ocean Blvd Pompano Beach, FL | 1.0–2.0 | 1.5–2.0 | 1000 | $3,200 | $3.20 | 49d | 4 | 1.24mi |
| 2000 S Ocean Blvd Pompano Beach, FL | 1.0–2.0 | 1.5–2.0 | 1070 | $3,200 | $2.99 | 112d | 4 | 1.24mi |
| 2000 S Ocean Blvd Pompano Beach, FL | 1.0–2.0 | 1.0–2.0 | 960 | $3,000 | $3.12 | 11d | 2 | 1.24mi |
| 2000 S Ocean Blvd Pompano Beach, FL | 1.0–2.0 | 1.5–2.0 | 1120 | $3,200 | $2.86 | 0d | 3 | 1.24mi |
| 1900 S Ocean Blvd Pompano Beach, FL | 2.0 | 2.0 | 1120 | $3,750 | $3.35 | 11d | 3 | 1.27mi |
| 1900 S Ocean Blvd Pompano Beach, FL | 2.0 | 2.0 | 1120 | $3,550 | $3.17 | 78d | 2 | 1.27mi |
Property features AI
Finance
- Other
- No land lease
- Financial info
- Pets not allowed
- HOA & community
- Monthly HOA with amenities including clubhouse, pool service, picnic area, shuffleboard court, bike storage, hobby room, kitchen facilities and common area maintenanceHOA fee paid monthly
Exterior
- Parking
- Assigned parking plus guest parkingOne open parking space (total parking: 1)
- Security
- Fire alarmSmoke detectorsSecurity fence
- Utilities
- Public waterPublic sewerElectricity availableCable availableSewer and water available
- Home design
- CondominiumTwo-story buildingFirst-floor entry levelWest-facing
- Construction
- Block/CBS constructionOther roof typeBuilt as resale property700 square feet living area
- Exterior features
- Fruit trees on the propertySecurity fenceAccessible entranceFirst-floor entry
Interior
- Kitchen
- DishwasherDisposalElectric rangeMicrowaveRefrigeratorElectric water heater
- Bedrooms
- One bedroom on the main level
- Flooring
- TileOther flooring
- Bathrooms
- One full bathroom
- Heating & cooling
- Central heating (electric)Central air conditioningCeiling fan(s)
- Interior features
- Built-in featuresWalk-in closet(s)Drapes and window rods
- Laundry & utility
- Washer/dryer hookups available (utility connections implied)
HOA detail $500/mo · $6,000/yr condo
- Likely covers
- poolparking
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-24days on market $135,000 Active 13 DOM
-
2026-09-23days on market $135,000 Active 12 DOM
-
2026-09-22days on market $135,000 Active 11 DOM
-
2026-09-21days on market $135,000 Active 10 DOM
-
2026-09-20days on market $135,000 Active 9 DOM
-
2026-09-19days on market $135,000 Active 8 DOM
-
2026-09-18days on market $135,000 Active 7 DOM
-
2026-09-17days on market $135,000 Active 6 DOM
-
2026-09-16days on market $135,000 Active 5 DOM
-
2026-09-15days on market $135,000 Active 4 DOM
-
2026-09-14days on market $135,000 Active 3 DOM
-
2026-09-13days on market $135,000 Active 2 DOM
-
2026-09-12remarks 474-char remark
-
2026-09-12pricedays on market $135,000 Active 1 DOM
-
2026-09-05days on market $139,995 Active 98 DOM
-
2026-09-04days on market $139,995 Active 97 DOM
-
2026-09-03days on market $139,995 Active 96 DOM
-
2026-08-31days on market $139,995 Active 93 DOM
-
2026-08-29days on market $139,995 Active 91 DOM
-
2026-08-28days on market $139,995 Active 90 DOM
-
2026-08-27days on market $139,995 Active 89 DOM
-
2026-08-25days on market $139,995 Active 87 DOM
-
2026-08-24days on market $139,995 Active 86 DOM
-
2026-08-23days on market $139,995 Active 85 DOM
-
2026-08-22days on market $139,995 Active 84 DOM
-
2026-08-21days on market $139,995 Active 83 DOM
-
2026-08-20days on market $139,995 Active 82 DOM
-
2026-08-19days on market $139,995 Active 81 DOM
-
2026-08-18days on market $139,995 Active 80 DOM
-
2026-08-17days on market $139,995 Active 79 DOM
-
2026-08-16days on market $139,995 Active 78 DOM
-
2026-08-15days on market $139,995 Active 77 DOM
-
2026-08-14days on market $139,995 Active 76 DOM
-
2026-08-13days on market $139,995 Active 75 DOM
-
2026-08-12days on market $139,995 Active 74 DOM
-
2026-08-11days on market $139,995 Active 73 DOM
-
2026-08-10days on market $139,995 Active 72 DOM
-
2026-08-09days on market $139,995 Active 71 DOM
-
2026-08-08days on market $139,995 Active 70 DOM
-
2026-08-06days on market $139,995 Active 68 DOM
-
2026-08-05days on market $139,995 Active 67 DOM
-
2026-08-03days on market $139,995 Active 65 DOM
-
2026-07-31days on market $139,995 Active 62 DOM
-
2026-07-28days on market $139,995 Active 59 DOM
-
2026-07-26days on market $139,995 Active 57 DOM
-
2026-07-24days on market $139,995 Active 55 DOM
-
2026-07-23days on market $139,995 Active 54 DOM
-
2026-07-22days on market $139,995 Active 53 DOM
-
2026-07-21days on market $139,995 Active 52 DOM
-
2026-07-20days on market $139,995 Active 51 DOM
ⓘ 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
- $3,178 · $265/mo
- Projected year-2 tax
- $3,178 · $265/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 6/10 Major FEMA zone X (shaded) · 66% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥106°F today · 26 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
- $37,974
- − Mortgage interest
- −$7,562
- − Property taxes
- −$3,178
- − Insurance
- −$675
- − Repairs & maintenance
- −$3,038
- − Management
- −$3,038
- − HOA
- −$6,000
- − Depreciation
- −$3,927
- Taxable income
- $10,556
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$2,533
- After-tax cash flow
- $9,118/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.
Condition & rehab AI · 9 photos
75/100
Cosmetic rehab
Est. rehab $4,500–$13,500 screening
This townhouse is in good condition with recent updates, making it a solid investment opportunity. Consider painting and updating the kitchen for further value.
Components & finishes AI
Roof asphalt shingle · good
Flooring tile
Counters granite
Appliances stainless steel
HVAC central · new lt5
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics ↑
- Both Updating the kitchen backsplash — A new backsplash can add value and functionality to the kitchen ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 39/100
Zoned Schools
Elementary
Mcnab Elementary School
C+
FL #781/2,144
Nat'l #8,534/41,679
Middle
Pompano Beach Middle School
F
FL #421/571
Nat'l #7,581/14,009
High
Northeast High School
F
FL #505/667
Nat'l #12,478/17,239
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
A
Composite livability gradescore 82/100
Livability — Fort Lauderdale
- Score
- 82/100
- State rank
- #78
- US rank
- #1293
Category grades
Amenities A+
Commute C+
Cost of living D-
Crime A+
Employment B
Housing A-
Health & safety A+
User ratings B+
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Fort Lauderdale, FL
- County
- Broward County · 2,207,033 people
- City population
- 235,769
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 27,935
- Household income
- $93,879
- Rent vs Own
- Severe rent burden
- 21% of renters
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
- Predominantly White (75%)
- Race & ethnicity
- White 75% Hispanic / Latino 16% Two or more races 14% Asian 3% Black 2%
- Hispanic origin (detail)
- Puerto Rican 2% Cuban 3%
- Common ancestry
- Romanian 4% Lithuanian 3% Scotch-Irish 3%
- Foreign-born
- 24% · Canada, Jamaica, Dominican Republic
- Languages at home
- 75% English-only · Spanish 14% Other Indo-European 5% Russian/Polish/Slavic 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
- ▼ -417.95%
- Current HPI
- 325.3902
- Rent YoY
- ▲ 3.63%
- 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 |
|
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| Insurance | 2 | $17B |
|
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| Retail | 1 | $60B |
|
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| Technology Distribution | 1 | $58B |
|
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| Homebuilding | 1 | $35B |
|
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| Technology Manufacturing | 1 | $35B |
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Price history
+703.6% since first listed22 events — show timeline
- 2026-09-11 Listed $135,000 Beaches MLS
- 2026-09-10 Listing Removed — Beaches MLS
- 2026-05-30 Listed $139,995 Beaches MLS
- 2026-05-23 Listing Removed — Beaches MLS
- 2026-05-20 Relisted — Beaches MLS
- 2026-05-19 Listing Removed — Beaches MLS
- 2026-05-14 Price Changed $146,900 Beaches MLS
- 2026-04-30 Price Changed $149,900 Beaches MLS
- 2026-03-25 Price Changed $151,000 Beaches MLS
- 2026-03-24 Price Changed $153,000 Beaches MLS
- 2025-12-17 Listed $155,000 Beaches MLS
- 2025-12-16 Listing Removed — Beaches MLS
- 2025-08-18 Listed $165,000 Beaches MLS
- 2022-03-24 Sold (MLS) $141,100 Beaches MLS
- 2022-02-12 Contingent — Beaches MLS
- 2022-02-05 Listed $140,000 Beaches MLS
- 2002-08-14 Sold (Public Records) $62,900 Public Records
- 2002-08-09 Sold (MLS) $62,811 Beaches MLS
- 2002-06-18 Listing Removed — Beaches MLS
- 2002-06-13 Listed $57,000 Beaches MLS
- 2000-03-17 Sold (Public Records) $45,000 Public Records
- 1970-12-01 Sold (Public Records) $16,800 Public Records
Property tax history
+8.8%/yrLatest (2025): $3,178 · -5.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…