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100 Bayview Dr #1230
D+ Composite 49.69
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).

  • Cash flow +12.4/30.0
  • ARV discount +7.5/15.0
  • 1% rule +7.2/10.0
  • Appreciation +5.3/10.0
  • Livability +4.3/5.0
  • Schools +4.2/10.0
  • DSCR +3.7/10.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0

$359,000

100 Bayview Dr #1230 · Sunny Isles Beach, FL 33160
1 bd · 1.0 ba · 991 sqft · Condo public records · 197 Days on market
Built 1975 $1106/mo HOA · 25% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Amazing Opportunity located at Arlen House Resort Style Condominium. Price To Sell on this 1 Bed 1.5 Bath with direct unobstructed intercostal views, tile floors throughout, open kitchen, Oversize master bedroom, Spacious Balcony. Walking Distance to the Beach of Sunny Isles white sands beaches. Many Amenities heated pool, Jacuzzi, 2 tennis court, Boat slips may be available at the marina. Front Desk, Guard Gate, 24 hours Valet Parking, 1 Covered Assigned Parking +1 on the on the third floor, Community Shuttle, On Site Restaurant and more. Close to Bal Harbour Shops, Gulfstream Casino, Aventura Mall, The Horse Track and many incredible fine Restaurants, Prime location across from the Ritz-C

Key facts

  • Tile floors
  • Tennis court
  • Spacious balcony

Tags

TILE FLOORSOPEN KITCHENSPACIOUS BALCONYHEATED POOLJACUZZITENNIS COURT

Property features AI

Finance

  • Other: Association fee amount is charged monthly
  • Financial info: Lease considered; Pets allowed (conditional; restrictions or possible restrictions apply)
  • HOA & community: Monthly association fee; Association fee includes management, cable TV, hot water, internet, laundry, parking, pest control, pool(s), recreation facilities, security, trash and water; Association amenities include basketball court, billiard room, business center, community kitchen, fitness center, laundry room, library, spa/hot tub, storage, transportation service and elevators

Exterior

  • Parking: Has garage with 2 spaces; Assigned parking; Two or more spaces; Valet parking; 2 covered parking spaces
  • Security: Fire alarm; Smoke detectors; Secured lobby; Security guard; Security/high impact doors
  • Utilities: Water available; Sewer available; Electric service
  • Home design: Attached property; 12-story building; Entry located on level 22
  • Construction: Brick and block construction; Resale property
  • Exterior features: Balcony; Open balcony/patio; Tennis courts; Waterfront property with bayfront, canal front and intracoastal access; Has a view

Interior

  • Kitchen: Dishwasher; Electric range; Disposal; Microwave; Refrigerator; Trash compactor
  • Bedrooms: Bedroom on main level
  • Flooring: Tile
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Central heating (electric, heat pump); Central air conditioning (electric)
  • Interior features: First-floor entry; Bedroom on main level; Closet cabinetry; Kitchen island
  • 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 $359k.

Deal economics

  • At list price, monthly cash flow is $-488 ($-6k/yr) — negative.
  • To cash-flow at today's rent, offer at most $273k (24.0% below list).
  • Meets the 1% rule at list price ($4k rent vs $359k).
  • Recommended offer: $273k (24.0% below list) — sets the bar for cash-flow.
  • Cap rate 6.1% vs local median 0.8% in Sunny Isles 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 86/100 on livability (#20 in FL, #434 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, health & safety A+, crime A; Watch: housing C-, cost of living F.
  • Miami-Dade (suburban): math 45% / reading 54% proficiency, ranked #40 of 73 in FL (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Norman S. Edelcup/Sunny Isles Beach K-8 (math 68% / reading 69%, grade B+, #409 of 2,144 statewide, top 20%, 2,231 students, 30% FRL); Highland Oaks Middle School (math 28% / reading 51%, grade F, #373 of 571 statewide, top 66%, 774 students, 50% FRL); Alonzo & Tracy Mourning Senior High School (math 38% / reading 50%, grade F, #244 of 667 statewide, top 37%, 1,597 students, 48% FRL) — zoned schools average 43% FRL vs 64% district-wide (21 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents flat; 1879 active listings in the ZIP; 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).

Forward outlook

  • In year one you build about $4k of equity ($2k loan paydown + $2k appreciation (0.5% local appreciation)).
  • Miami-Dade County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 7, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 197 days — a 12% lower offer ($316k) is reasonable based on typical stale-listing flexibility.
  • 11 sale attempts since 13y ago; this cycle's ask is 13708% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $238k; list at $359k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo; HOA is 25% of rent.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $272,738 (24.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 197 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
  3. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  6. 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?
  7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  9. Schools are A-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?
  10. 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?
  11. 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.
  12. 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.
  13. 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
1.22%
Cap rate
6.09%
Cash-on-cash
-0.74%
DSCR
0.97
GRM
6.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.53% appreciation · 0.94% rent growth · sell at horizon

5-year hold
IRR
-8.4%
Equity multiple
0.60×
Total profit
$-40,539
Equity at exit
$113,801
10-year hold
IRR
-4.5%
Equity multiple
0.51×
Total profit
$-48,931
Equity at exit
$144,675

Cash invested: $100,520 (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 33160

Home prices YoY
0.2%
Rents YoY
0.9%
Active inventory
1879
Price-to-rent
6.8×

Monthly cashflow live

Estimated rent
$4,375 medium interval (Pro) →
Mortgage (P&I)
$1,883
Tax from tax record
$380 /mo · $4,561/yr
Insurance
$150
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$1,106
Vacancy / Maint / Mgmt
$919
Net cashflow
$-488

Break-even live

Break-even rent $4,993
Max offer price $272,738
Occupancy floor

Sensitivity live

Price -10% $-285 -5% $-387 +0% $-488 +5% $-590 +10% $-692
Rent -10% $-834 -5% $-661 +0% $-488 +5% $-315 +10% $-143
Rate -1.0pp $-308 -0.5pp $-397 base $-488 +0.5pp $-581 +1.0pp $-676

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
$89,750
Closing costs
$10,770
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.

HOA detail condo

Monthly dues
$1,106 · $13,272/yr
Likely covers
poolparking
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 35 events

  1. 2026-05-21
    status Pending
  2. 2025-12-02
    historical $2,600
  3. 2025-11-05
    listed $2,600
  4. 2025-11-04
    listed $359,000 Active
  5. 2025-10-26
    historical
  6. 2025-10-15
    historical $2,750
  7. 2025-09-09
    listed $374,000 Active
  8. 2025-09-08
    historical
  9. 2025-08-30
    listed $2,750
  10. 2025-01-03
    price $375,000
  11. 2024-12-06
    price $389,000
  12. 2024-08-31
    historical $2,500
  13. 2024-08-21
    listed $2,500
  14. 2024-08-19
    price $399,000
  15. 2024-07-10
    listed $410,000 Active
  16. 2024-07-05
    historical $2,700
  17. 2024-07-03
    listed $2,700
  18. 2024-05-08
    historical $2,850
  19. 2024-03-07
    listed $2,850
  20. 2023-11-30
    historical
  21. 2023-11-20
    price $399,900
  22. 2023-11-20
    listed $399 Active
  23. 2014-07-25
    soldstatus $238,000 Sold
  24. 2014-07-07
    soldstatus $238,000
  25. 2014-05-09
    status Pending
  26. 2014-04-07
    price $249,900
  27. 2014-02-06
    listed $265,000 Active
  28. 2014-02-06
    historical
  29. 2013-11-05
    listed $265,000 Active
  30. 2012-09-02
    soldstatus $150,000
  31. 2012-03-07
    soldstatus $148,000
  32. 2011-10-07
    soldstatus $123,000
  33. 2011-07-27
    soldstatus $123,000
  34. 2004-06-09
    soldstatus $159,000
  35. 1975-09-01
    soldstatus $37,500

ⓘ 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
$4,561 · $380/mo
Projected year-2 tax
$4,561 · $380/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥103°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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$52,504
− Mortgage interest
−$20,110
− Property taxes
−$4,561
− Insurance
−$6,914
− Repairs & maintenance
−$4,200
− Management
−$4,200
− HOA
−$13,272
− Depreciation
−$10,444
Taxable loss
−$11,196
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,687
After-tax cash flow
$-3,173/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
Miami-Dade
NCES district ID
1200390
Math proficiency
45% ▼ -16.00%
Reading proficiency
54% ▼ -5.00%
Median HH income
$43,928
Composite
41.76/100
National rank
#3397
State rank
#40 of 73 in FL

Livability — Sunny Isles Beach

Score
86/100
State rank
#20
US rank
#434

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Sunny Isles Beach, FL
County
Miami-Dade County · 2,697,751 people
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
43,718
Household income
$67,040
Rent vs Own
41.0% rent · 59.0% own
Severe rent burden
3106.0

Population outlook (Miami-Dade County) Hauer SSP2

Today (2025)
3,126,439 people
By 2030
3,325,765 · +6.4%
By 2040
3,697,561 · +18.3%
By 2050
4,012,134 · +28.3%
By 2075
4,605,612 · +47.3%
By 2100
4,866,598 · +55.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.59)
Race & ethnicity
Hispanic / Latino 46% White 44% Two or more races 27% Black 4% Asian 2%
Hispanic origin (detail)
Mexican 1% Puerto Rican 3% Cuban 8% Dominican 1% Salvadoran 4%
Common ancestry
Scotch-Irish 8% Hispanic 3% Subsaharan African 3%
Foreign-born
61% · Canada, Jamaica, Dominican Republic
Languages at home
29% English-only · Spanish 45% Russian/Polish/Slavic 12% Other Indo-European 5%

Political lean MEDSL · Miami-Dade

2024 margin
R (+11.4) · D 43.9% · R 55.4%
2008→2024 swing
-27.6pp toward R · 2008: 16.1pp · 2024: -11.4pp
All cycles
2024: R+11.4 2020: D+7.3 2016: D+29.6 2012: D+23.7 2008: D+16.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 0.53%
Current HPI
284.9293
Rent YoY
▲ 0.94%
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

-93.1% since first listed
35 events — show timeline
  • 2026-05-21 Pending MARMLS
  • 2025-12-02 Rental Removed $2,600 MARMLS
  • 2025-11-05 Listed for Rent $2,600 MARMLS
  • 2025-11-04 Listed $359,000 MARMLS
  • 2025-10-26 Listing Removed MARMLS
  • 2025-10-15 Rental Removed $2,750 MARMLS
  • 2025-09-09 Listed $374,000 MARMLS
  • 2025-09-08 Listing Removed MARMLS
  • 2025-08-30 Listed for Rent $2,750 MARMLS
  • 2025-01-03 Price Changed $375,000 MARMLS
  • 2024-12-06 Price Changed $389,000 MARMLS
  • 2024-08-31 Rental Removed $2,500 MARMLS
  • 2024-08-21 Listed for Rent $2,500 MARMLS
  • 2024-08-19 Price Changed $399,000 MARMLS
  • 2024-07-10 Listed $410,000 MARMLS
  • 2024-07-05 Rental Removed $2,700 MARMLS
  • 2024-07-03 Listed for Rent $2,700 MARMLS
  • 2024-05-08 Rental Removed $2,850 MARMLS
  • 2024-03-07 Listed for Rent $2,850 MARMLS
  • 2023-11-30 Listing Removed MARMLS
  • 2023-11-20 Price Changed $399,900 MARMLS
  • 2023-11-20 Listed $399 MARMLS
  • 2014-07-25 Sold (MLS) $238,000 MARMLS
  • 2014-07-07 Sold (Public Records) $238,000 Public Records
  • 2014-05-09 Pending MARMLS
  • 2014-04-07 Price Changed $249,900 MARMLS
  • 2014-02-06 Listed $265,000 MARMLS
  • 2014-02-06 Listing Removed MARMLS
  • 2013-11-05 Listed $265,000 MARMLS
  • 2012-09-02 Sold (MLS) $150,000 MARMLS
  • 2012-03-07 Sold (Public Records) $148,000 Public Records
  • 2011-10-07 Sold (MLS) $123,000 MARMLS
  • 2011-07-27 Sold (Public Records) $123,000 Public Records
  • 2004-06-09 Sold (Public Records) $159,000 Public Records
  • 1975-09-01 Sold (Public Records) $37,500 Public Records

Property tax history

+7.4%/yr

Latest (2025): $4,561 · +4.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…