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1000 NE 14th Ave #207
B- Composite 69.36
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 +28.6/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$179,000

1000 NE 14th Ave #207 · Hallandale Beach, FL 33009
1 bd · 1.0 ba · 726 sqft · Condo public records · 269 Days on market
Built 1969 $602/mo HOA · 21% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

SPACIOUS 1/1 IN HALLANDALE BEACH. IMAGINE BREEZE FLOWING THROUGH YOUR CONDO FROM THE ATLANTIC OCEAN. SCREENED IN TERRACE, IMPACT WINDOWS, HURRICANE SHUTTERS . CLOSE TO SHOPPING. ABOUT 1.5 MILE FROM HALLANDALE BEACH. * * 55+ COMMUNITY * * RENTAL ALLOWED AFTER 2 YEARS OF OWNERSHIP. ONE PARKING SPACE ASSIGNED, NO PETS. BEDROOM FURNITURES INCLUDED. * * SHOWINGS AFTER 1:00 PM. CALL AGENT/OWNER 24 HOURS IN ADVANCE * * AS IS CONTRACT * *

Key facts

  • Screened in terrace
  • Hurricane shutters
  • Impact windows

Tags

SCREENED IN TERRACEIMPACT WINDOWSHURRICANE SHUTTERSWALKING DISTANCE TO SHOPPINGRENTAL ALLOWED AFTER OWNERSHIPONE PARKING SPACE ASSIGNED

Property features AI

Finance

  • Other: Entry location: 2
  • Financial info: Pets not allowed
  • HOA & community: Monthly association fee; Association fees include insurance, parking, pool(s), sewer, and trash; Community amenities: clubhouse, laundry, pool; Senior community

Exterior

  • Parking: Assigned parking (one space)
  • Security: Phone entry
  • Utilities: Heated pool
  • Home design: Condo/Apartment in a 7-story building; Entry on level 2; Property is attached
  • Construction: Block construction; Effective year built
  • Exterior features: Balcony; Courtyard; Screened balcony

Interior

  • Kitchen: Dishwasher; Electric range; Refrigerator
  • Bedrooms: Bedroom located on the main level
  • Flooring: Ceramic tile
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: First-floor entry; Bedroom on main level; Ceramic tile flooring
  • Laundry & utility: Common area laundry

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 $179k.

Deal economics

  • At list price, monthly cash flow is $591 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $179k).
  • Recommended offer: $158k (12.0% below list) — sets the bar for market timing.
  • Cap rate 10.3% 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; 16 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $2,849/mo this rent would consume 66% 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 $1k of loan paydown is wiped out by about $5k 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 269 days — a 12% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 5y 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 21% of rent.
Recommended offer $157,520 (12.0% below list)

Questions for the listing agent

  1. It's been on market 269 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 1969 — 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. 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.
  8. 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.
  9. 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
1.59%
Cap rate
10.26%
Cash-on-cash
14.16%
DSCR
1.63
GRM
5.2

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
1.0%
Equity multiple
1.04×
Total profit
$1,775
Equity at exit
$26,689
10-year hold
IRR
7.2%
Equity multiple
1.46×
Total profit
$23,271
Equity at exit
$15,477

Cash invested: $50,120 (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
5.2×

Monthly cashflow live

Estimated rent
$2,849 high interval (Pro) →
Mortgage (P&I)
$939
Tax from tax record
$44 /mo · $534/yr
Insurance
$75
HOA
$602
Vacancy / Maint / Mgmt
$598
Net cashflow
$591

Break-even live

Break-even rent $2,101
Max offer price $179,000
Occupancy floor 74%

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
$44,750
Closing costs
$5,370
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 16 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
401 N Federal Hwy Hallandale Beach, FL 1.0–3.0 1.0–2.0 973 $1,892 $1.94 15d 48 0.72mi
200 E Pembroke Rd Hallandale Beach, FL 3.0 1.0–2.0 1006 $2,840 $2.82 1d 62 0.81mi
1180 E Hallandale Beach Blvd Unit 1241877P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $2,465 $2.92 3d 2 0.82mi
2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $2,465 $2.92 1d 2 0.97mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 3.0 1.0–3.0 1011 $3,862 $3.82 1d 5 0.98mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,200 $4.32 14d 7 1.03mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,400 $4.53 10d 6 1.03mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,000 $4.12 7d 7 1.03mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $3,800 $3.91 19d 8 1.03mi
320 S Federal Hwy Hollywood, FL 2.0 1.0–2.0 742 $2,758 $3.72 24d 9 1.06mi
303 S Federal Hwy Hollywood, FL 1.0–3.0 1.0–3.0 992 $2,175 $2.19 2d 35 1.06mi
1770 S Young Cir Hollywood, FL 2.0 1.0–2.0 881 $3,652 $4.15 1d 42 1.08mi
1818 Hollywood Blvd Hollywood, FL 3.0 1.0–2.5 1089 $2,764 $2.54 1d 17 1.24mi
2001 Van Buren St Hollywood, FL 2.0 1.0–2.0 788 $2,801 $3.55 15d 171 1.25mi
1776 Polk St Hollywood, FL 1.0–2.0 1.0–2.0 954 $2,843 $2.98 15d 25 1.30mi
2165 Van Buren St Hollywood, FL 3.0 1.0–3.0 1072 $2,797 $2.61 2d 14 1.44mi

HOA detail condo

Monthly dues
$602 · $7,224/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 33 events

  1. 2026-06-18
    days on market $179,000 Active 269 DOM
  2. 2026-06-17
    days on market $179,000 Active 268 DOM
  3. 2026-06-16
    days on market $179,000 Active 267 DOM
  4. 2026-06-15
    days on market $179,000 Active 266 DOM
  5. 2026-06-13
    days on market $179,000 Active 264 DOM
  6. 2026-06-09
    days on market $179,000 Active 260 DOM
  7. 2026-06-07
    days on market $179,000 Active 258 DOM
  8. 2026-06-04
    days on market $179,000 Active 255 DOM
  9. 2026-06-03
    days on market $179,000 Active 254 DOM
  10. 2026-06-02
    days on market $179,000 Active 253 DOM
  11. 2026-06-01
    days on market $179,000 Active 252 DOM
  12. 2026-05-31
    days on market $179,000 Active 251 DOM
  13. 2025-09-22
    listed $179,000 Active
  14. 2023-10-31
    status Active
  15. 2023-09-30
    status Active
  16. 2023-06-27
    historical Active Under Contract
  17. 2023-05-11
    listed $181,900 Active
  18. 2022-09-11
    historical
  19. 2022-09-05
    status Active
  20. 2022-07-05
    price $162,500
  21. 2022-06-25
    status Active
  22. 2022-05-13
    listed $159,300 Active
  23. 2021-07-23
    historical
  24. 2021-07-23
    status Active
  25. 2021-07-22
    status Active
  26. 2021-05-19
    price $129,900
  27. 2021-05-18
    price $119,900
  28. 2021-05-05
    listed $129,900 Active
  29. 2005-12-22
    soldstatus $165,900
  30. 2005-03-21
    soldstatus $110,000
  31. 2003-10-08
    soldstatus $65,500
  32. 1994-06-15
    soldstatus $37,800
  33. 1988-10-03
    soldstatus $32,900

ⓘ 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
$534 · $44/mo
Projected year-2 tax
$1,486 · $124/mo
Expected delta
+$952/yr (+$79/mo · 178.4%)

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$34,194
− Mortgage interest
−$10,027
− Property taxes
−$534
− Insurance
−$895
− Repairs & maintenance
−$2,735
− Management
−$2,735
− HOA
−$7,224
− Depreciation
−$5,207
Taxable income
$4,836
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,161
After-tax cash flow
$5,935/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

+444.1% since first listed
21 events — show timeline
  • 2025-09-22 Listed $179,000 MARMLS
  • 2023-10-31 Relisted MARMLS
  • 2023-09-30 Relisted MARMLS
  • 2023-06-27 Contingent MARMLS
  • 2023-05-11 Listed $181,900 MARMLS
  • 2022-09-11 Listing Removed MARMLS
  • 2022-09-05 Relisted MARMLS
  • 2022-07-05 Price Changed $162,500 MARMLS
  • 2022-06-25 Relisted MARMLS
  • 2022-05-13 Listed $159,300 MARMLS
  • 2021-07-23 Listing Removed MARMLS
  • 2021-07-23 Relisted MARMLS
  • 2021-07-22 Relisted MARMLS
  • 2021-05-19 Price Changed $129,900 MARMLS
  • 2021-05-18 Price Changed $119,900 MARMLS
  • 2021-05-05 Listed $129,900 MARMLS
  • 2005-12-22 Sold (Public Records) $165,900 Public Records
  • 2005-03-21 Sold (Public Records) $110,000 Public Records
  • 2003-10-08 Sold (Public Records) $65,500 Public Records
  • 1994-06-15 Sold (Public Records) $37,800 Public Records
  • 1988-10-03 Sold (Public Records) $32,900 Public Records

Property tax history

+5.8%/yr

Latest (2025): $534 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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