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1745 E Hallandale Beach Blvd
D- Composite 36.86
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 +7.8/30.0
  • ARV discount +7.5/15.0
  • 1% rule +6.5/10.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • DSCR +1.9/10.0
  • Appreciation +0.0/10.0

$360,000

1745 E Hallandale Beach Blvd · Hallandale Beach, FL 33009
2 bd · 2.0 ba · 1,052 sqft · Condo public records · 17 Days on market
Built 2007

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

Listing remarks

Beautiful 2-bedroom, 2-bath condo located in the prestigious DUO Condominium Unit 208W, offering 1,052 sq ft of comfortable living space in the heart of Hallandale Beach. This bright and spacious residence features a desirable layout, a private balcony, and two assigned parking spacesa rare and valuable feature in the area. Ideal as a primary residence, vacation home, or investment property. Residents enjoy premium resort-style amenities, including: Resort-style swimming pool Fully equipped fitness center Sauna & spa 24-hour security and concierge Beautiful lobby and common areas Excellent management and secure building access Prime location just minutes from Hallandale Beach, Gulfst

Key facts

  • Sauna and spa
  • Private balcony
  • 24-hour security

Tags

PRIVATE BALCONYASSIGNED PARKING SPACESRESORT-STYLE SWIMMING POOLFULLY EQUIPPED FITNESS CENTERSAUNA AND SPA24-HOUR SECURITY

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 2-bed/2.0-bath condo listed at $360k.

Deal economics

  • At list price, monthly cash flow is $-471 ($-6k/yr) — negative.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $360k).
  • Recommended offer: $355k (1.5% below list) — sets the bar for market timing.

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; 1380 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 $4,134/mo this rent would consume 95% 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 $2k 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 17 days — a 2% lower offer ($355k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 2y 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 $178k; list at $360k implies a 102% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo; HOA is 28% of rent.
  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $354,600 (1.5% 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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
1.15%
Cap rate
4.95%
Cash-on-cash
-4.81%
DSCR
0.79
GRM
7.3

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
-30.3%
Equity multiple
0.03×
Total profit
$-97,906
Equity at exit
$53,677
10-year hold
IRR
-61.3%
Equity multiple
-0.60×
Total profit
$-161,110
Equity at exit
$31,126

Cash invested: $100,800 (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.

ZIP-level market 33009

Rents YoY
0.4%
Active inventory
1380
Price-to-rent
7.3×

Monthly cashflow live

Estimated rent
$4,134 high interval (Pro) →
Mortgage (P&I)
$1,888
Tax from tax record
$494 /mo · $5,932/yr
Insurance
$150
Flood insurance flood zone
−$66 /mo · $798/yr
HOA est. from 15 same-building comps
$1,138
Vacancy / Maint / Mgmt
$868
Net cashflow
$-471

Break-even live

Break-even rent $4,730
Max offer price $276,853
Occupancy floor

Sensitivity live

Price -10% $-267 -5% $-369 +0% $-471 +5% $-573 +10% $-674
Rent -10% $-797 -5% $-634 +0% $-471 +5% $-307 +10% $-144
Rate -1.0pp $-289 -0.5pp $-379 base $-471 +0.5pp $-564 +1.0pp $-659

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
$90,000
Closing costs
$10,800
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
1755 E Hallandale Beach Blvd Unit 1407E Hallandale Beach, FL 2.0 2.0 1354 $3,650 $2.70 25d 1 0.02mi
1755 E Hallandale Beach Blvd Unit 2207E Hallandale Beach, FL 2.0 2.0 1354 $3,950 $2.92 25d 1 0.02mi
1745 E Hallandale Beach Blvd Unit 2302W Hallandale Beach, FL 3.0 2.0 1481 $3,900 $2.63 25d 1 0.03mi
1745 E Hallandale Beach Blvd Unit 2302W Hallandale Beach, FL 3.0 2.0 1481 $3,900 $2.63 16d 1 0.03mi
1745 E Hallandale Beach Blvd Unit 802W Hallandale Beach, FL 3.0 2.0 1481 $3,600 $2.43 25d 1 0.03mi
101 Diplomat Pkwy Hallandale Beach, FL 1.0 1.0 859 $3,740 $4.35 25d 1 0.12mi
2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $4,219 $5.00 2d 2 0.46mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 1.0–2.0 1.0–2.0 1092 $5,950 $5.45 25d 3 0.47mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 3.0 1.0–3.0 1011 $5,495 $5.44 2d 5 0.47mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 1.0–2.0 1.0–2.0 1070 $5,950 $5.56 21d 4 0.47mi
2500 Parkview Dr #2518 Hallandale Beach, FL 2.0 2.0 1280 $4,000 $3.12 15d 1 0.47mi
2500 Parkview Dr #2518 Hallandale Beach, FL 2.0 2.0 1280 $4,000 $3.12 8d 1 0.47mi
2600 E Hallandale Beach Blvd Unit T3208 Hallandale Beach, FL 2.0 2.0 1030 $6,950 $6.75 25d 1 0.47mi
2600 E Hallandale Beach Blvd Unit T3307 Hallandale Beach, FL 2.0 2.0 1030 $4,500 $4.37 25d 1 0.47mi
2600 E Hallandale Beach Blvd Unit T3110 Hallandale Beach, FL 2.0 2.0 1028 $3,650 $3.55 25d 1 0.47mi
1180 E Hallandale Beach Blvd Unit 1241877P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $5,453 $6.46 4d 2 0.47mi
1124 NE 7th St Hallandale Beach, FL 3.0 2.0 1320 $3,900 $2.95 23d 1 0.54mi
201 Golden Isles Dr #302 Hallandale Beach, FL 2.0 2.0 1150 $3,975 $3.46 25d 1 0.56mi
121 Golden Isles Dr #1 Hallandale Beach, FL 2.0 2.0 1379 $4,000 $2.90 25d 1 0.57mi
4010 S Ocean Dr Hollywood, FL 1.0–3.0 1.0–3.5 1078 $7,250 $6.73 25d 5 0.57mi
2721 E Hallandale Beach Blvd Unit 1049818P Hollywood, FL 1.0–2.0 1.0–2.0 946 $5,897 $6.23 4d 2 0.58mi
2723 E Hallandale Beach Blvd Unit 1049813P Hollywood, FL 3.0 2.0 1496 $6,498 $4.34 4d 1 0.60mi
4010 S Ocean Dr Unit R504 Hollywood, FL 3.0 2.0 1122 $10,000 $8.91 8d 1 0.61mi
4010 S Ocean Dr Unit T3708 Hollywood, FL 3.0 2.5 1361 $8,000 $5.88 25d 1 0.61mi
4010 S Ocean Dr Unit T3509 Hollywood, FL 2.0 2.0 1060 $6,000 $5.66 23d 1 0.61mi
4010 S Ocean Dr Unit R1108 Hollywood, FL 3.0 2.5 1361 $12,999 $9.55 25d 1 0.61mi
4010 S Ocean Dr Unit 1227249P Hollywood, FL 1.0–3.0 1.5–2.5 1140 $5,730 $5.02 0d 3 0.61mi
4010 S Ocean Dr Unit T3609 Hollywood, FL 2.0 2.0 1060 $6,300 $5.94 25d 1 0.61mi
4010 S Ocean Dr Unit R2004 Hollywood, FL 3.0 2.0 1129 $7,500 $6.64 25d 1 0.61mi
4010 S Ocean Dr Unit R504 Hollywood, FL 3.0 2.0 1122 $10,000 $8.91 25d 1 0.61mi
4010 S Ocean Dr Unit 1388506P Hollywood, FL 2.0 2.0 1097 $4,881 $4.45 8d 1 0.61mi
4010 S Ocean Dr Unit R2102 Hollywood, FL 2.0 2.0 1075 $6,500 $6.05 25d 1 0.61mi
4010 S Ocean Dr Unit T3609 Hollywood, FL 2.0 2.0 1060 $6,300 $5.94 4d 1 0.61mi
3800 S Ocean Dr #1818 Hollywood, FL 2.0 2.0 1270 $4,200 $3.31 8d 1 0.62mi
3800 S Ocean Dr #1818 Hollywood, FL 2.0 2.0 1270 $3,800 $2.99 6d 1 0.62mi
3800 S Ocean Dr Hollywood, FL 2.0 2.0 1301 $3,775 $2.90 6d 2 0.63mi
3800 S Ocean Dr Hollywood, FL 2.0 2.0 1302 $3,750 $2.88 5d 3 0.63mi
906 NE 6th St Hallandale Beach, FL 3.0 2.0 1080 $4,250 $3.94 25d 1 0.64mi
906 NE 6th St Hallandale Beach, FL 3.0 2.0 1080 $4,250 $3.94 6d 1 0.64mi
906 NE 6th St Hallandale Beach, FL 3.0 2.0 1080 $4,250 $3.94 13d 1 0.64mi

HOA detail condo

Monthly dues
$0 · $0/yr
Likely covers
poolgymdoormansecurityparking
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 10 events

  1. 2026-06-21
    days on market $360,000 Active 17 DOM
  2. 2026-06-18
    days on market $360,000 Active 14 DOM
  3. 2026-06-17
    days on market $360,000 Active 13 DOM
  4. 2026-06-16
    days on market $360,000 Active 12 DOM
  5. 2026-06-15
    days on market $360,000 Active 11 DOM
  6. 2026-06-13
    days on market $360,000 Active 9 DOM
  7. 2026-06-09
    days on market $360,000 Active 5 DOM
  8. 2026-06-07
    days on market $360,000 Active 3 DOM
  9. 2026-06-04
    remarks 695-char remark
  10. 2026-06-04
    listed $360,000 Active 1 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
$5,932 · $494/mo
Projected year-2 tax
$5,932 · $494/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 7/10 Severe FEMA zone X (shaded) · 76% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 6 d/yr ≥104°F today · 21 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
$49,610
− Mortgage interest
−$20,166
− Property taxes
−$5,932
− Insurance
−$2,598
− Repairs & maintenance
−$3,969
− Management
−$3,969
− HOA
−$13,656
− Depreciation
−$10,473
Taxable loss
−$11,151
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,676
After-tax cash flow
$-2,972/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

+102.2% since first listed
18 events — show timeline
  • 2026-06-04 Listed $360,000 ForSaleByOwner.com
  • 2026-05-25 Rental Removed $3,400 SHOWMOJO
  • 2026-03-14 Listed for Rent $3,400 SHOWMOJO
  • 2025-12-12 Rental Removed $3,900 LISTANZA
  • 2025-11-27 Listed for Rent $3,900 LISTANZA
  • 2025-11-22 Rental Removed $3,900 LISTANZA
  • 2025-11-07 Listed for Rent $3,900 LISTANZA
  • 2025-05-07 Rental Removed $4,850 RENTALBEAST
  • 2025-05-01 Listed for Rent $4,850 RENTALBEAST
  • 2025-04-16 Rental Removed $5,000 RENTALBEAST
  • 2025-04-02 Listed for Rent $5,000 RENTALBEAST
  • 2025-04-02 Rental Removed $5,000 RENTALBEAST
  • 2025-03-08 Listed for Rent $5,000 RENTALBEAST
  • 2024-09-27 Rental Removed $2,950 TURBOTENANT
  • 2024-09-24 Listed for Rent $2,950 TURBOTENANT
  • 2024-09-24 Rental Removed $2,950 TURBOTENANT
  • 2024-09-21 Listed for Rent $2,950 TURBOTENANT
  • 2013-07-25 Sold (Public Records) $178,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $5,932 · +4.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…