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1349 Seaview
D+ Composite 48.98
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).

  • ARV discount +14.7/15.0
  • Cash flow +14.2/30.0
  • DSCR +4.3/10.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • 1% rule +3.1/10.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$364,999

1349 Seaview · North Lauderdale, FL 33068
3 bd · 2.0 ba · 1,380 sqft · SingleFamily public records · 99 Days on market
Built 1972 Est $435k · 16% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

PRICE REDUCTION BY $15,000.00 TO CLOSE THE DEAL FASTER :For The most beautiful Townhome in the neighborhood with a total complete update: All impact new windows , new roof , new commercial washer & dryer, new appliances, except the patio which we are currently working on to be finish if not finish before closing, the sellers will issue a credit to the buyer at closing. The current listing price in this area is running between 400K to 360K and sellers will work the interested buyer to close faster. A complete water filtration system drinking, washing clothes and taking shower as well then you just need to call to update the filter all in one package deal . We have 2 beautiful mangos

Key facts

  • Mango trees
  • Avocado tree
  • Impact new windows

Tags

IMPACT NEW WINDOWSNEW ROOFNEW COMMERCIAL WASHERNEW APPLIANCESMANGO TREESAVOCADO TREE

Property features AI

Finance

  • Other: Home warranty included
  • HOA & community: Has association; Association provides storage; Association fee includes electricity, grounds maintenance, and hot water

Exterior

  • Parking: Asphalt parking
  • Security: Security fence; Other security features
  • Utilities: Public water; Public sewer; Cable available
  • Home design: Townhouse; Two stories; First-floor entry; Faces south
  • Construction: Block/CBS construction (concrete block, no stucco); Composition roof
  • Exterior features: Open porch; Porch; Fruit trees on the lot; Waterfront property; Other waterfront features

Interior

  • Kitchen: Dishwasher; Microwave; Refrigerator; Disposal; Water purifier; Kitchen island
  • Bedrooms: Three main-level bedrooms
  • Flooring: Ceramic tile; Tile; Other
  • Bathrooms: Two full bathrooms; One half bathroom
  • Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
  • Interior features: High ceilings; Kitchen island; Custom mirrors; Blinds; Air purifier; Unfurnished
  • Laundry & utility: Washer hookup; Water softener (owned); Electric water heater

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 3-bed/2.0-bath single-family listed at $365k.

Deal economics

  • At list price, monthly cash flow is $58 ($701/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $295k (19.1% below list).
  • Recommended offer: $295k (19.1% below list) — sets the bar for 1% rule.
  • Cap rate 6.5% vs local median 4.3% in North 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 76/100 on livability (#230 in FL, #3,635 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: commute C-, 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: North Lauderdale Elementary School (math 24% / reading 30%, grade F, #1,969 of 2,144 statewide, top 94%, 646 students, 82% FRL); Silver Lakes Middle School (math 21% / reading 30%, grade F, #512 of 571 statewide, top 90%, 782 students, 77% FRL); Coconut Creek High School (math 13% / reading 26%, grade F, #562 of 667 statewide, top 85%, 1,892 students, 72% FRL) — zoned schools average 77% FRL vs 51% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 24% at this address vs 48% district-wide (-24 pts) — the specific schools serving this property underperform the Broward average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents soft (-0.7%/yr); 298 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $2,951/mo this rent would consume 55% of the median local household income ($64k/yr) (locally 3073% 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 $3k of loan paydown is wiped out by about $11k 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 ($332k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $105k; list at $365k implies a 248% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $295,103 (19.1% 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 19% concession, seller financing, or rate buy-down credit?
  2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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.
  7. 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.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.81%
Cap rate
6.48%
Cash-on-cash
0.69%
DSCR
1.03
GRM
10.3

CMA / ARV

ARV (on-the-fly)
$434,700
Comps found
6
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6502 Boulevard Of Champions 0.18mi 3/2.0 1,300 (-6%) 2mo $409,000 $315 80
739 Holly St 0.22mi 3/2.0 1,470 (+6%) 8mo $424,000 $288 73
6500 SW 15th Ct 0.28mi 4/2.0 (+1) 1,190 (-14%) 15mo $441,500 $371 47
6490 SW 8th St 0.58mi 2/2.0 (-1) 1,267 (-8%) 15mo $360,000 $284 42
6231 SW 18th Pl 0.57mi 3/2.0 1,179 (-15%) 20mo $385,000 $327 32
1105 SW 74th Ave 0.73mi 3/2.0 1,560 (+13%) 23mo $460,000 $295 25

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-18.3%
Equity multiple
0.37×
Total profit
$-64,185
Equity at exit
$54,423
10-year hold
IRR
-17.2%
Equity multiple
0.17×
Total profit
$-84,968
Equity at exit
$31,558

Cash invested: $102,200 (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 33068

Rents YoY
-0.7%
Active inventory
298
Price-to-rent
10.3×

Monthly cashflow live

Estimated rent
$2,951 high interval (Pro) →
Mortgage (P&I)
$1,914
Tax from tax record
$207 /mo · $2,481/yr
Insurance
$152
HOA
$0
Vacancy / Maint / Mgmt
$620
Net cashflow
$58

Break-even live

Break-even rent $2,877
Max offer price $364,999
Occupancy floor 93%

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
$91,250
Closing costs
$10,950
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
1368 Seaview North Lauderdale, FL 4.0 3.0 1492 $3,400 $2.28 24d 1 0.09mi
224 San Remo Blvd Unit 224 North Lauderdale, FL 3.0 2.5 1289 $2,900 $2.25 24d 1 0.09mi
1358 Silverado North Lauderdale, FL 4.0 2.5 1380 $3,475 $2.52 22d 1 0.11mi
253 San Remo Blvd #253 North Lauderdale, FL 3.0 2.5 1403 $2,300 $1.64 24d 1 0.14mi
915 E Maple St North Lauderdale, FL 3.0 2.0 1470 $3,350 $2.28 14d 1 0.14mi
129 San Remo Blvd #129 North Lauderdale, FL 3.0 2.5 1403 $2,600 $1.85 24d 1 0.15mi
1034 W Jasmine Ln North Lauderdale, FL 3.0 2.0 1470 $2,850 $1.94 24d 1 0.15mi
1038 W Jasmine Ln North Lauderdale, FL 3.0 2.0 1470 $3,000 $2.04 5d 1 0.17mi
6533 Harbour Rd North Lauderdale, FL 4.0 2.0 1180 $3,850 $3.26 24d 1 0.26mi
6551 Boulevard of Champions #6551 North Lauderdale, FL 4.0 2.5 1472 $2,600 $1.77 7d 1 0.26mi
6551 Boulevard of Champions #6551 North Lauderdale, FL 4.0 2.5 1472 $2,600 $1.77 24d 1 0.26mi
6511 SW 15th Ct Pompano Beach, FL 4.0 2.0 1190 $3,250 $2.73 24d 1 0.29mi
6872 SW 15th St Pompano Beach, FL 2.0 1.0 919 $2,400 $2.61 14d 1 0.40mi
6481 Kimberly Blvd North Lauderdale, FL 3.0 2.0 1728 $3,650 $2.11 24d 1 0.44mi
1407 S Santa Catalina Cir North Lauderdale, FL 2.0 2.5 1224 $2,140 $1.75 24d 1 0.47mi
1720 SW 64th Ter North Lauderdale, FL 3.0 2.0 1248 $3,600 $2.88 12d 1 0.49mi
6515 SW 8th Pl North Lauderdale, FL 4.0 2.0 1677 $3,875 $2.31 11d 1 0.50mi
1304 N Santa Catalina Cir #1304 North Lauderdale, FL 2.0 2.5 1224 $2,100 $1.72 24d 1 0.50mi
6812 Rio Pinar Unit 1 North Lauderdale, FL 3.0 2.0 1610 $3,500 $2.17 17d 1 0.51mi
6812 Rio Pinar Unit 1 North Lauderdale, FL 3.0 2.0 1610 $3,500 $2.17 22d 1 0.51mi
6812 Rio Pinar North Lauderdale, FL 3.0 2.0 1610 $3,500 $2.17 11d 1 0.51mi
5413 SW 14th St North Lauderdale, FL 3.0 2.5 1462 $3,000 $2.05 24d 1 0.54mi
5600 SW 12th St North Lauderdale, FL 1.0–3.0 1.0–2.0 892 $2,795 $3.13 18d 3 0.54mi
6903 Rio Pinar North Lauderdale, FL 4.0 2.0 1800 $3,300 $1.83 24d 1 0.55mi
6391 SW 8th St North Lauderdale, FL 3.0 2.0 1162 $3,300 $2.84 24d 1 0.55mi
6473 SW 19th St Pompano Beach, FL 4.0 2.0 1484 $2,800 $1.89 24d 1 0.61mi
6870 SW 18th Ct #6870 Pompano Beach, FL 4.0 2.0 1346 $3,700 $2.75 24d 1 0.62mi
1200 SW 52nd Ave North Lauderdale, FL 3.0 2.0 1027 $2,100 $2.04 24d 1 0.62mi
6081 SW 19th St North Lauderdale, FL 2.0 2.5 1161 $2,499 $2.15 24d 1 0.66mi
6081 SW 19th St North Lauderdale, FL 2.0 2.5 1161 $2,290 $1.97 4d 1 0.66mi
6963 SW 19th St Pompano Beach, FL 2.0 1.0 1054 $1,700 $1.61 24d 1 0.66mi
1937 SW 60th Ter #1937 North Lauderdale, FL 3.0 2.5 1640 $2,650 $1.62 24d 1 0.70mi
6009 SW 19th St Unit 6009 North Lauderdale, FL 4.0 2.5 1640 $2,900 $1.77 17d 1 0.70mi
6009 SW 19th St North Lauderdale, FL 3.0 2.0 1600 $2,900 $1.81 17d 1 0.70mi
6060 SW 19th Ct North Lauderdale, FL 2.0 3.0 1120 $2,200 $1.96 24d 1 0.72mi
1904 SW 60th Ave North Lauderdale, FL 3.0 2.5 1640 $2,900 $1.77 4d 1 0.72mi
1904 SW 60th Ave North Lauderdale, FL 3.0 2.0 1600 $2,900 $1.81 17d 1 0.72mi
1904 SW 60th Ave North Lauderdale, FL 3.0 2.5 1640 $2,900 $1.77 17d 1 0.72mi
1956 SW 60th Ter Unit 1956 North Lauderdale, FL 3.0 2.5 1640 $2,600 $1.59 12d 1 0.73mi
1958 SW 60th Ter Unit 1958 North Lauderdale, FL 3.0 2.5 1640 $2,600 $1.59 24d 1 0.74mi

Listing history 15 events

  1. 2026-06-18
    days on market $364,999 Active 99 DOM
  2. 2026-06-17
    days on market $364,999 Active 98 DOM
  3. 2026-06-16
    days on market $364,999 Active 97 DOM
  4. 2026-06-15
    days on market $364,999 Active 96 DOM
  5. 2026-06-13
    days on market $364,999 Active 94 DOM
  6. 2026-06-09
    days on market $364,999 Active 90 DOM
  7. 2026-06-07
    days on market $364,999 Active 88 DOM
  8. 2026-06-04
    days on market $364,999 Active 85 DOM
  9. 2026-06-03
    days on market $364,999 Active 84 DOM
  10. 2026-06-02
    days on market $364,999 Active 83 DOM
  11. 2026-06-01
    days on market $364,999 Active 82 DOM
  12. 2026-05-31
    days on market $364,999 Active 81 DOM
  13. 2025-12-12
    listed $364,999 Active
  14. 2003-06-04
    soldstatus $105,000
  15. 1977-07-01
    soldstatus $30,500

ⓘ 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
$2,481 · $207/mo
Projected year-2 tax
$3,029 · $252/mo
Expected delta
+$548/yr (+$46/mo · 22.1%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 28 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$35,412
− Mortgage interest
−$20,446
− Property taxes
−$2,481
− Insurance
−$1,825
− Repairs & maintenance
−$2,833
− Management
−$2,833
− Depreciation
−$10,618
Taxable loss
−$5,624
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,350
After-tax cash flow
$2,050/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 — North Lauderdale

Score
76/100
State rank
#230
US rank
#3635

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
North Lauderdale, FL
County
Broward County · 1,963,430 people
City population
54,439
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
54,439
Household income
$64,051
Rent vs Own
37.1% rent · 62.9% own
Severe rent burden
3073.0

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 0.61)
Race & ethnicity
Black 58% Hispanic / Latino 21% Two or more races 13% White 11% Asian 4%
Hispanic origin (detail)
Mexican 3% Puerto Rican 4% Cuban 1% Dominican 3%
Common ancestry
Hispanic 17% Estonian 1% Lithuanian 1%
Foreign-born
47% · Canada, Jamaica, Vietnam
Languages at home
59% English-only · Spanish 19% French/Haitian/Cajun 15% 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
▼ -317.60%
Current HPI
426.2972
Rent YoY
▼ -0.74%
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

+1096.7% since first listed
3 events — show timeline
  • 2025-12-12 Listed $364,999 Beaches MLS
  • 2003-06-04 Sold (Public Records) $105,000 Public Records
  • 1977-07-01 Sold (Public Records) $30,500 Public Records

Property tax history

+3.6%/yr

Latest (2025): $2,481 · +2.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…