600 Parkview Dr #222 · Hallandale Beach, FL
Flood risk 7/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.76%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 27 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- ARV discount +11.4/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +4.0/5.0
- Schools +3.7/10.0
- Rent growth +2.6/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$229,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
GORGEOUS CONDO ON THE WATER WITH GREAT VIEWS UP THE INTRACOASTAL. READY TO MOVE IN. NEW WOOD FLOORING ALL AROUND THE UNIT. NICELY RENOVATED WITH GRANITE COUNTER TOPS AND STAINLESS STEEL APPLIANCES. LOBBY RENOVATED WITH MANY GREAT AMENITIES INCLUDING A POO L, TENNIS AND GYM.
Key facts
- Fitness center
- Private balcony
- 24h security
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $229k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $1k ($13k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($5k rent vs $229k).
- Recommended offer: $202k (12.0% below list) — sets the bar for market timing.
- Cap rate 14.2% 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: 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.
- Zoned schools: Gulfstream Academy of Hallandale Beach (math 32% / reading 40%, grade F, #1,670 of 2,144 statewide, top 78%, 1,317 students, 73% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); Nova High School (math 22% / reading 56%, grade F, #312 of 667 statewide, top 48%, 2,227 students, 59% FRL) — zoned schools average 67% FRL vs 51% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents flat; 1879 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 83d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $2k of loan paydown is wiped out by about $7k 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.
- At projected returns (-3.0% appreciation + 0.4% rent growth), your $64k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 135 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 13y 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 $157k; 46% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo.
- 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→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 2.04% ✓
- Cap rate
- 14.18%
- Cash-on-cash
- 28.17%
- DSCR
- 2.25
- GRM
- 4.1
CMA / ARV
- ARV (median comp)
- $250,522
- List price
- $229,000
- Delta
- -8.59%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3000 S Ocean Dr #1006 | 0.16mi | 1/1.5 (-1) | 1,021 (-5%) | 0mo | $295,000 | $289 | 77 |
| 2600 E Hallandale Beach Blvd Unit T3205 | 0.55mi | 2/2.0 | 1,020 (-5%) | 0mo | $520,000 | $510 | 66 |
| 4111 S Ocean Dr #2302 | 0.51mi | 2/2.0 | 1,145 (+6%) | 0mo | $990,000 | $865 | 65 |
| 300 NE 14th Ave #501 | 0.86mi | 2/2.0 | 1,100 (+2%) | 0mo | $185,000 | $168 | 61 |
| 701 Three Islands Blvd #510 | 0.41mi | 2/2.0 | 1,210 (+13%) | 0mo | $225,000 | $186 | 60 |
| 3161 S Ocean Dr #1405 | 1.20mi | 2/2.0 | 1,145 (+6%) | 0mo | $325,000 | $284 | 54 |
| 3901 S Ocean Dr Unit 3U | 0.43mi | 1/1.0 (-1) | 812 (-24%) | 0mo | $355,000 | $437 | 46 |
| 601 Three Islands Blvd #314 | 0.45mi | 1/1.0 (-1) | 820 (-24%) | 0mo | $180,000 | $220 | 45 |
| 1246 Adams St | 1.03mi | 2/2.0 | 1,329 (+24%) | 0mo | $725,000 | $546 | 40 |
| 1301 NE 7th St #415 | 0.89mi | 2/2.0 | 1,260 (+17%) | 0mo | $275,000 | $218 | 40 |
| 1830 S Ocean Dr #2609 | 0.64mi | 1/1.0 (-1) | 844 (-22%) | 0mo | $575,000 | $681 | 36 |
| 301 Golden Isles Dr #412 | 0.92mi | 1/1.0 (-1) | 876 (-18%) | 0mo | $230,000 | $263 | 31 |
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 · 0.43% rent growth · sell at horizon
- IRR
- 8.5%
- Equity multiple
- 1.32×
- Total profit
- $20,487
- Equity at exit
- $34,145
- IRR
- 14.5%
- Equity multiple
- 1.99×
- Total profit
- $63,171
- Equity at exit
- $19,800
Cash invested: $64,120 (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
Active competition Active MLS
- For sale now
- 45 active · 22 under contract
- Median asking
- $350,000 ($347/sqft)
- Median days on market
- 151 d
- This list price
- 7% of active listings are priced below it
- ARV vs active asking
- -32.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33009
- Rents YoY
- 0.4%
- Active inventory
- 1879
- Price-to-rent
- 4.1×
Monthly cashflow live
- Estimated rent
- $4,680 high interval (Pro) →
- Mortgage (P&I)
- −$1,201
- Tax from tax record
- −$189 /mo · $2,265/yr
- Insurance
- −$95
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$707
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$983
- Net cashflow
- $1,078
Break-even live
Sensitivity live
| Price | -10% $1,208 | -5% $1,143 | +0% $1,078 | +5% $1,014 | +10% $949 |
|---|---|---|---|---|---|
| Rent | -10% $709 | -5% $894 | +0% $1,078 | +5% $1,263 | +10% $1,448 |
| Rate | -1.0pp $1,194 | -0.5pp $1,137 | base $1,078 | +0.5pp $1,019 | +1.0pp $959 |
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
- $57,250
- Closing costs
- $6,870
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3505 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.5–2.0 | 1115 | $6,500 | $5.83 | 78d | 14 | 0.20mi |
| 3505 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.5–2.0 | 1115 | $6,500 | $5.83 | 82d | 14 | 0.20mi |
| 3505 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.5–2.0 | 1105 | $6,500 | $5.88 | 86d | 14 | 0.20mi |
| 3505 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.5–2.0 | 1115 | $6,500 | $5.83 | 0d | 13 | 0.20mi |
| 3505 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.5–2.0 | 1115 | $6,500 | $5.83 | 20d | 15 | 0.20mi |
| 3505 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.5–2.0 | 1085 | $6,500 | $5.99 | 108d | 17 | 0.20mi |
| 3505 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.5–2.0 | 1115 | $6,500 | $5.83 | 68d | 14 | 0.20mi |
| 3505 S Ocean Dr Unit 1049820P Hollywood, FL | 1.0 | 1.0 | 785 | $4,605 | $5.87 | 94d | 1 | 0.21mi |
| 3505 S Ocean Dr Ph 6 Hollywood, FL | 2.0 | 2.0 | 1160 | $5,000 | $4.31 | 62d | 1 | 0.21mi |
| 3001 S Ocean Dr #1211 Hollywood, FL | 2.0 | 2.0 | 1208 | $4,750 | $3.93 | 120d | 1 | 0.22mi |
| 3001 S Ocean Dr #1211 Hollywood, FL | 2.0 | 2.0 | 1208 | $4,750 | $3.93 | 103d | 1 | 0.22mi |
| 600 Three Islands Blvd #403 Hallandale Beach, FL | 2.0 | 2.0 | 1400 | $4,100 | $2.93 | 45d | 1 | 0.24mi |
| 2751 S Ocean Dr Unit 406S Hollywood, FL | 2.0 | 2.0 | 1360 | $4,500 | $3.31 | 20d | 1 | 0.24mi |
| 2751 S Ocean Dr Unit 1705 Hollywood, FL | 2.0 | 2.0 | 1360 | $5,000 | $3.68 | 103d | 1 | 0.24mi |
| 2751 S Ocean Dr Unit 1706S Hollywood, FL | 2.0 | 2.0 | 1360 | $4,800 | $3.53 | 82d | 1 | 0.25mi |
| 2751 S Ocean Dr Unit 1706S Hollywood, FL | 2.0 | 2.0 | 1360 | $5,000 | $3.68 | 120d | 1 | 0.25mi |
| 2500 Parkview Dr #2518 Hallandale Beach, FL | 2.0 | 2.0 | 1280 | $4,000 | $3.12 | 103d | 1 | 0.25mi |
| 2500 Parkview Dr #2518 Hallandale Beach, FL | 2.0 | 2.0 | 1280 | $4,000 | $3.12 | 109d | 1 | 0.25mi |
| 2500 Parkview Dr #1405 Hallandale Beach, FL | 2.0 | 2.0 | 1280 | $4,500 | $3.52 | 78d | 1 | 0.25mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,800 | $5.97 | 115d | 8 | 0.31mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,800 | $5.97 | 110d | 7 | 0.31mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,850 | $6.02 | 3d | 7 | 0.31mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $4,600 | $4.73 | 26d | 6 | 0.31mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $4,600 | $4.73 | 19d | 5 | 0.31mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,400 | $5.56 | 89d | 6 | 0.31mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,400 | $5.56 | 48d | 7 | 0.31mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,800 | $5.97 | 106d | 6 | 0.31mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,400 | $5.56 | 88d | 7 | 0.31mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,850 | $6.02 | 11d | 6 | 0.31mi |
| 2501 S Ocean Dr Unit 1511 (available Dec 1) Hollywood, FL | 2.0 | 2.0 | 1198 | $6,000 | $5.01 | 2d | 1 | 0.31mi |
| 2501 S Ocean Dr Unit 1535(AvailableSept 01 Hollywood, FL | 2.0 | 2.0 | 1198 | $3,800 | $3.17 | 26d | 1 | 0.31mi |
| 3725 S Ocean Dr Hollywood, FL | 2.0–3.0 | 2.0 | 1454 | $4,000 | $2.75 | 120d | 6 | 0.33mi |
| 3725 S Ocean Dr Hollywood, FL | 2.0–3.0 | 2.0 | 1377 | $3,700 | $2.69 | 36d | 8 | 0.33mi |
| 3725 S Ocean Dr Hollywood, FL | 1.0–3.0 | 1.5–2.0 | 1278 | $4,925 | $3.85 | 19d | 11 | 0.33mi |
| 3725 S Ocean Dr Hollywood, FL | 2.0–3.0 | 2.0 | 1377 | $3,900 | $2.83 | 0d | 9 | 0.33mi |
| 3725 S Ocean Dr Hollywood, FL | 2.0–3.0 | 2.0 | 1377 | $4,000 | $2.90 | 51d | 6 | 0.33mi |
| 3725 S Ocean Dr Hollywood, FL | 2.0–3.0 | 2.0 | 1377 | $4,000 | $2.90 | 109d | 8 | 0.33mi |
| 3725 S Ocean Dr Hollywood, FL | 1.0–3.0 | 1.5–2.0 | 1278 | $5,000 | $3.91 | 0d | 10 | 0.33mi |
| 3725 S Ocean Dr Unit 1339235P Hollywood, FL | 2.0 | 2.0 | 1248 | $5,432 | $4.35 | 94d | 1 | 0.33mi |
| 3800 S Ocean Dr #1818 Hollywood, FL | 2.0 | 2.0 | 1270 | $3,800 | $2.99 | 100d | 1 | 0.35mi |
Property features AI
Finance
- Financial info
- Pets allowed with restrictions
- HOA & community
- Monthly association feeAssociation fee covers common areas, hot water, insurance, laundry, legal/accounting, structural maintenance, parking, pest control, pool(s), roof, security, trash and waterCommunity amenities include business center, clubhouse, fitness center, laundry, library, barbecue/picnic area, playground, pool, sauna, storage, tennis courts, elevators and trash service
Exterior
- Parking
- Assigned deeded guest parkingOne covered space (garage)
- Security
- Closed-circuit camerasDoormanSecured elevatorFire alarmKey card entrySecured lobbySecurity guard
- Utilities
- Water included in associationHot water included in associationTrash service included in association
- Home design
- Attached property11-story buildingEntry on level 2
- Construction
- Brick and block constructionResale property
- Exterior features
- BalconyOpen balcony/patioBarbecueTennis courtsAssociation poolIntracoastal accessWaterfront propertyExterior lighting
Interior
- Kitchen
- DishwasherElectric rangeMicrowaveRefrigeratorSelf-cleaning oven
- Bedrooms
- Bedroom on main levelMain level primary
- Flooring
- Parquet
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- DrapesFurnishedBreakfast areaEat-in kitchenKitchen/dining comboPantryTub with showerElevatorHandicap access
- Laundry & utility
- Common area laundry
HOA detail $707/mo · $8,484/yr condo
- Likely covers
- watergym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $229,000 Active 135 DOM
-
2026-09-22days on market $229,000 Active 134 DOM
-
2026-09-21days on market $229,000 Active 133 DOM
-
2026-09-20days on market $229,000 Active 132 DOM
-
2026-09-18days on market $229,000 Active 130 DOM
-
2026-09-17days on market $229,000 Active 129 DOM
-
2026-09-16days on market $229,000 Active 128 DOM
-
2026-09-15days on market $229,000 Active 127 DOM
-
2026-09-14days on market $229,000 Active 126 DOM
-
2026-09-13days on market $229,000 Active 125 DOM
-
2026-09-12days on market $229,000 Active 124 DOM
-
2026-09-11days on market $229,000 Active 123 DOM
-
2026-09-05days on market $229,000 Active 117 DOM
-
2026-09-04days on market $229,000 Active 116 DOM
-
2026-09-03days on market $229,000 Active 115 DOM
-
2026-08-31days on market $229,000 Active 112 DOM
-
2026-08-29days on market $229,000 Active 110 DOM
-
2026-08-28days on market $229,000 Active 109 DOM
-
2026-08-27days on market $229,000 Active 108 DOM
-
2026-08-25days on market $229,000 Active 106 DOM
-
2026-08-24days on market $229,000 Active 105 DOM
-
2026-08-23days on market $229,000 Active 104 DOM
-
2026-08-22days on market $229,000 Active 103 DOM
-
2026-08-21days on market $229,000 Active 102 DOM
-
2026-08-20days on market $229,000 Active 101 DOM
-
2026-08-19days on market $229,000 Active 100 DOM
-
2026-08-18days on market $229,000 Active 99 DOM
-
2026-08-17days on market $229,000 Active 98 DOM
-
2026-08-16days on market $229,000 Active 97 DOM
-
2026-08-15days on market $229,000 Active 96 DOM
-
2026-08-14days on market $229,000 Active 95 DOM
-
2026-08-13days on market $229,000 Active 94 DOM
-
2026-08-12days on market $229,000 Active 93 DOM
-
2026-08-11days on market $229,000 Active 92 DOM
-
2026-08-10days on market $229,000 Active 91 DOM
-
2026-08-09days on market $229,000 Active 90 DOM
-
2026-08-08days on market $229,000 Active 89 DOM
-
2026-08-06days on market $229,000 Active 87 DOM
-
2026-08-05days on market $229,000 Active 86 DOM
-
2026-08-03pricedays on market $229,000 Active 84 DOM
-
2026-07-31days on market $234,900 Active 81 DOM
-
2026-07-28days on market $234,900 Active 78 DOM
-
2026-07-26days on market $234,900 Active 76 DOM
-
2026-07-24days on market $234,900 Active 74 DOM
-
2026-07-23days on market $234,900 Active 73 DOM
-
2026-07-22days on market $234,900 Active 72 DOM
-
2026-07-21days on market $234,900 Active 71 DOM
-
2026-07-20days on market $234,900 Active 70 DOM
-
2026-07-18days on market $234,900 Active 67 DOM
-
2026-07-16days on market $234,900 Active 66 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
- $2,265 · $189/mo
- Projected year-2 tax
- $2,265 · $189/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 AE · 76% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥104°F today · 27 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
- $56,157
- − Mortgage interest
- −$12,828
- − Property taxes
- −$2,265
- − Insurance
- −$6,264
- − Repairs & maintenance
- −$4,493
- − Management
- −$4,493
- − HOA
- −$8,484
- − Depreciation
- −$6,662
- Taxable income
- $10,671
- Est. tax owed @ 24.0%
- −$2,561
- After-tax cash flow
- $10,380/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.
Condition & rehab AI · 2 photos
This waterfront condo is in fair condition with cosmetic updates needed. Key areas for improvement include painting, flooring, and kitchen appliances to enhance both resale and rental value.
Components & finishes AI
Value-add opportunities
- Both Paint interior walls and trim — Fresh paint enhances curb appeal and interior aesthetics ↑
- Both Replace flooring in living areas — New flooring improves aesthetics and can increase both resale and rental value ↑
- Both Upgrade kitchen appliances — Modern appliances can attract more buyers and renters ↑
- Both Install new windows or window treatments — New windows can improve energy efficiency and enhance views ↑
- Both Update bathrooms with new fixtures and finishes — Modern bathrooms can significantly boost both resale and rental value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hallandale Beach, FL
- County
- Broward County · 2,207,033 people
- City population
- 44,021
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 44,502
- Household income
- $52,079
- Rent vs Own
- Severe rent burden
- 16% of renters
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 |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+245.4% since first listed13 events — show timeline
- 2026-06-12 Relisted — MARMLS
- 2026-05-08 Pending — MARMLS
- 2026-04-13 Price Changed $234,900 MARMLS
- 2026-04-05 Listed $239,000 MARMLS
- 2013-10-01 Sold (MLS) $157,000 MARMLS
- 2013-09-30 Sold (Public Records) $157,000 Public Records
- 2013-09-20 Pending — MARMLS
- 2013-09-09 Listed $174,900 MARMLS
- 2013-09-09 Listing Removed — MARMLS
- 2008-05-28 Sold (Public Records) $93,800 Public Records
- 2000-09-21 Sold (Public Records) $69,500 Public Records
- 1999-06-19 Sold (Public Records) $64,400 Public Records
- 1988-10-26 Sold (Public Records) $68,000 Public Records
Property tax history
+5.1%/yrLatest (2025): $2,265 · +2.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…