6730 Arbor Dr #110 · Miramar, FL 33023

$105,000

1 bd · 1.0 ba · 700 sqft · Condo public records · 88 Days on market

Built 1966 $401/mo HOA · 24% of rent

---

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

Listing remarks

Quiet Ground-Floor Living in a low-maintenance community. This 1-bedroom, 1-bathroom condo offers an ideal low-maintenance lifestyle with no stairs or elevators to navigate. The interior features wood-look laminate flooring in the kitchen and living areas, with classic tile flooring in the bedroom and bathroom, offering a completely carpet-free home. Practicality meets comfort with a central A/C system replaced approximately 6 years ago. The association is responsible for all exterior maintenance, including the roof and landscaping, allowing for a truly hands-off lifestyle. Perfectly situated for easy commuting, the property is located 1 mile from State Rd 7 (441) and 2 miles from the Flori

Key facts

• Easy commuting
• Ground-floor living
• Central a/c system

Tags

• GROUND-FLOOR LIVING
• WOOD-LOOK LAMINATE FLOORING
• CLASSIC TILE FLOORING
• COMPLETELY CARPET-FREE HOME
• CENTRAL A/C SYSTEM
• EASY COMMUTING

Property features AI

Finance

• Other: Annual tax amount listed (excluded from detailed financial breakdown)
• Financial info: Pets not allowed or subject to restrictions
• HOA & community: Monthly association fee of $401; HOA covers laundry, grounds maintenance, structure maintenance, parking, trash, and water; Association laundry amenity

Exterior

• Parking: Assigned parking (one space)
• Utilities: Electric service with fuses
• Home design: Attached property; 2 stories; Entry on level 1
• Construction: Block construction; Resale property
• Exterior features: No notable exterior features listed

Interior

• Kitchen: Electric range
• Bedrooms: Includes bedroom on main level
• Flooring: Ceramic tile; Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning
• Interior features: First-floor entry; Bedroom on main level; Main-level primary bedroom; Handicap access
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $105k.

Deal economics

• At list price, monthly cash flow is $262 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $99k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.3% vs local median 3.3% in Miramar — 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 80/100 on livability (#111 in FL, #1,721 nationally) — a professional / high-income tenant draw. Strengths: housing A+, health & safety A+, crime A; Watch: commute D+, cost of living D+, amenities 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; 286 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $726 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 88 days — a 6% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 12y 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.
• Current owner paid $38k; list at $105k implies a 180% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 24% of rent.

Recommended offer $98,700 (6.0% below list)

Questions for the listing agent

1. It's been on market 88 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1966 — 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 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?
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: 1.61% ✓
• Cap rate: 9.29%
• Cash-on-cash: 10.70%
• DSCR: 1.48
• GRM: 5.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.34% rent growth · sell at horizon

5-year hold

• IRR: -4.2%
• Equity multiple: 0.85×
• Total profit: $-4,480
• Equity at exit: $15,656

10-year hold

• IRR: 0.8%
• Equity multiple: 1.05×
• Total profit: $1,452
• Equity at exit: $9,078

Cash invested: $29,400 (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.

Methodology + full state rankings →

ZIP-level market 33023

• Rents YoY: 0.3%
• Active inventory: 286
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,686 high
• Mortgage (P&I): −$551
• Tax from tax record: −$75 /mo · $897/yr
• Insurance: −$44
• HOA: −$401
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $262

Break-even live

Break-even rent $1,355

Max offer price $105,000

Occupancy floor 79%

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6951 SW 26th St Unit W Miramar, FL	1.0	1.0	600	$1,200	$2.00	24d	1	0.60mi
2306 Sunshine Blvd Miramar, FL	1.0	1.0	350	$1,250	$3.57	8d	1	0.77mi
2130 SW 67th Ave Unit A Miramar, FL	1.0	1.0	600	$1,400	$2.33	24d	1	0.79mi
6012 SW 38th St Unit 4 Miramar, FL	1.0	1.0	500	$1,525	$3.05	24d	1	0.92mi
6012 SW 38th St Unit 4 Miramar, FL	1.0	1.0	500	$1,525	$3.05	5d	1	0.92mi
6129 SW 22nd St Miramar, FL	2.0	1.0	674	$2,200	$3.26	15d	1	1.01mi
6129 SW 22nd St Miramar, FL	2.0	1.0	674	$2,200	$3.26	17d	1	1.01mi
7200 Pembroke Rd Miramar, FL	2.0	1.0	736	$1,800	$2.45	24d	1	1.18mi
7221 Venetian St Unit 6 Miramar, FL	1.0	1.0	550	$1,600	$2.91	2d	1	1.19mi
5807 SW 25th St West Park, FL	—	1.0	500	$1,495	$2.99	8d	1	1.25mi
7624 Pembroke Rd Unit D Miramar, FL	1.0	1.0	720	$1,590	$2.21	8d	1	1.38mi
7624 Pembroke Rd Unit C Miramar, FL	1.0	1.0	700	$1,550	$2.21	24d	1	1.38mi
5521 SW 34th St Unit 2 Pembroke Park, FL	2.0	1.0	692	$1,750	$2.53	24d	1	1.44mi
7904 Juniper St Unit 1442062P Miramar, FL	1.0	1.0	495	$3,115	$6.29	8d	1	1.44mi

HOA detail condo

• Monthly dues: $401 · $4,812/yr
• Likely covers: landscapingexterior maint.
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 41 events

1. 2026-06-18
   days on market $105,000 Active 88 DOM
2. 2026-06-17
   days on market $105,000 Active 87 DOM
3. 2026-06-16
   days on market $105,000 Active 86 DOM
4. 2026-06-15
   days on market $105,000 Active 85 DOM
5. 2026-06-13
   days on market $105,000 Active 83 DOM
6. 2026-06-09
   days on market $105,000 Active 79 DOM
7. 2026-06-08
   days on market $105,000 Active 78 DOM
8. 2026-06-07
   days on market $105,000 Active 77 DOM
9. 2026-06-04
   days on market $105,000 Active 74 DOM
10. 2026-06-03
    days on market $105,000 Active 73 DOM
11. 2026-06-02
    days on market $105,000 Active 72 DOM
12. 2026-06-01
    days on market $105,000 Active 71 DOM
13. 2026-05-31
    days on market $105,000 Active 70 DOM
14. 2026-05-07
    price $105,000
15. 2026-03-21
    listed $110,000 Active
16. 2025-12-14
    historical
17. 2025-07-11
    price $115,000
18. 2025-06-04
    price $120,000
19. 2024-12-15
    status Active
20. 2024-12-14
    historical
21. 2024-11-05
    price $123,500
22. 2024-07-16
    price $125,000
23. 2024-06-19
    listed $130,000 Active
24. 2024-04-10
    status Pending
25. 2024-03-17
    historical Active Under Contract
26. 2024-03-17
    status Active
27. 2024-03-11
    historical
28. 2024-03-10
    historical
29. 2024-03-05
    status Active
30. 2024-03-02
    historical
31. 2024-02-08
    listed $120,000 Active
32. 2014-11-13
    soldstatus $37,500
33. 2014-10-12
    historical
34. 2014-10-12
    status Pending
35. 2014-06-03
    price $44,500
36. 2014-04-28
    listed $48,000 Active
37. 2012-07-05
    soldstatus $22,200
38. 2004-08-10
    soldstatus $42,000
39. 2001-05-03
    soldstatus $20,000
40. 1988-10-13
    soldstatus $31,000
41. 1977-05-01
    soldstatus $22,000

ⓘ 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: $897 · $75/mo
• Projected year-2 tax: $897 · $75/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $20,236
• − Mortgage interest: −$5,882
• − Property taxes: −$897
• − Insurance: −$525
• − Repairs & maintenance: −$1,619
• − Management: −$1,619
• − HOA: −$4,812
• − Depreciation: −$3,055
• Taxable income: $1,828
• Est. tax owed @ 24.0%: −$439
• After-tax cash flow: $2,706/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 — Miramar

• Score: 80/100
• State rank: #111
• US rank: #1721

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Miramar, FL
• County: Broward County · 1,963,430 people
• City population: 214,427
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 72,344
• Household income: $74,709
• Rent vs Own: 34.7% rent · 65.3% own
• Severe rent burden: 2567.0

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 0.60)
• Race & ethnicity: Black 51% Hispanic / Latino 37% Two or more races 19% White 8% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5% Cuban 9% Dominican 6%
• Common ancestry: Hispanic 14%
• Foreign-born: 44% · Canada, Jamaica, Dominican Republic
• Languages at home: 50% English-only · Spanish 32% French/Haitian/Cajun 13% Other Indo-European 1%

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: ▼ -442.33%
• Current HPI: 534.7664
• Rent YoY: ▲ 0.34%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+377.3% since first listed

28 events — show timeline

• 2026-05-07 Price Changed $105,000 MARMLS
• 2026-03-21 Listed $110,000 MARMLS
• 2025-12-14 Listing Removed — Beaches MLS
• 2025-07-11 Price Changed $115,000 Beaches MLS
• 2025-06-04 Price Changed $120,000 Beaches MLS
• 2024-12-15 Relisted — Beaches MLS
• 2024-12-14 Listing Removed — Beaches MLS
• 2024-11-05 Price Changed $123,500 Beaches MLS
• 2024-07-16 Price Changed $125,000 Beaches MLS
• 2024-06-19 Listed $130,000 Beaches MLS
• 2024-04-10 Pending — Beaches MLS
• 2024-03-17 Contingent — Beaches MLS
• 2024-03-17 Relisted — Beaches MLS
• 2024-03-11 Listing Removed — Beaches MLS
• 2024-03-10 Listing Removed — Beaches MLS
• 2024-03-05 Relisted — Beaches MLS
• 2024-03-02 Listing Removed — Beaches MLS
• 2024-02-08 Listed $120,000 Beaches MLS
• 2014-11-13 Sold (Public Records) $37,500 Public Records
• 2014-10-12 Listing Removed — MARMLS
• 2014-10-12 Pending — MARMLS
• 2014-06-03 Price Changed $44,500 MARMLS
• 2014-04-28 Listed $48,000 MARMLS
• 2012-07-05 Sold (Public Records) $22,200 Public Records
• 2004-08-10 Sold (Public Records) $42,000 Public Records
• 2001-05-03 Sold (Public Records) $20,000 Public Records
• 1988-10-13 Sold (Public Records) $31,000 Public Records
• 1977-05-01 Sold (Public Records) $22,000 Public Records

Property tax history

+2.9%/yr

Latest (2025): $897 · +4.3% YoY. Source: county tax records.