1821 NE 62nd St #411 · Fort Lauderdale, FL
Flood risk 4/10 · Minor
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.13%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 106°F)
- 6 days/yr
- Hot days in 30 yrs
- 22 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 C+ 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 +18.1/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +5.7/10.0
- Livability +4.1/5.0
- Condition / age +4.0/5.0
- Schools +3.9/10.0
- Rent growth +3.4/5.0
- Appreciation +0.0/10.0
$149,900
1821 NE 62nd St #411 · Fort Lauderdale, FL 33308
2 bd · 1.0 ba · 950 sqft · Condo
public records
· 184 Days on market
Built 1966
$158/sqft
· 29% below area
Est $210k · 29% under
$652/mo HOA · 28% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Beautifully renovated 2 bedroom, 1 bath corner unit located on the ground floor in the highly desirable Georgian Court community within Fort Lauderdale's prestigious Imperial Point neighborhood This move-in-ready residence has been thoughtfully updated throughout and must be seen to be fully appreciated. Enjoy a prime location just 2.5 miles from the beach and minutes from premier shopping, dining, entertainment and everyday conveniences. All ages are welcome. Creative financing options may be available for qualified buyers creating a unique opportunity and added flexibility for ownership.
Key facts
- Close to restaurants
- Georgian court
- Close to shopping
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath condo listed at $150k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $131 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $150k).
- Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.3% vs local median 1.9% in Fort 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 82/100 on livability (#78 in FL, #1,293 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, health & safety A+; Watch: cost of living 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: Mcnab Elementary School (math 51% / reading 63%, grade C+, #781 of 2,144 statewide, top 38%, 614 students, 56% FRL); Pompano Beach Middle School (math 29% / reading 40%, grade F, #421 of 571 statewide, top 74%, 1,040 students, 73% FRL); Northeast High School (math 12% / reading 37%, grade F, #505 of 667 statewide, top 79%, 1,552 students, 69% FRL).
- Market conditions: Rents rising (+3.6%/yr); 1131 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 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 $1k of loan paydown is wiped out by about $4k 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 184 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 28% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$131,912
(12.0% below list)
Questions for the listing agent
- It's been on market 184 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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.
- 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?
- 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
- 1.57% ✓
- Cap rate
- 7.34%
- Cash-on-cash
- 3.75%
- DSCR
- 1.17
- GRM
- 5.3
CMA / ARV
- ARV (median comp)
- $210,059
- List price
- $149,900
- Delta
- -28.64%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 6260 NE 18th Ave #722 | 0.09mi | 2/1.0 | 950 (0%) | 0mo | $147,000 | $155 | 96 |
| 101 E Mcnab Rd #408 | 0.53mi | 2/2.0 | 1,000 (+5%) | 0mo | $200,000 | $200 | 62 |
| 1265 S Flagler Ave #220 | 0.85mi | 2/2.0 | 905 (-5%) | 0mo | $170,000 | $188 | 53 |
| 5208 NE 24th Ter Unit F124 | 1.06mi | 2/1.0 | 875 (-8%) | 0mo | $150,000 | $171 | 52 |
| 1400 NE 57th St #304 | 0.68mi | 2/2.0 | 870 (-8%) | 0mo | $185,500 | $213 | 50 |
| 4800 Bayview Dr #802 | 1.44mi | 2/2.0 | 1,032 (+9%) | 0mo | $290,000 | $281 | 46 |
| 5671 NE 8th Ave | 0.96mi | 2/1.0 | 1,064 (+12%) | 1mo | $280,000 | $263 | 44 |
| 2500 NE 48th Ln #806 | 1.29mi | 1/1.5 (-1) | 841 (-12%) | 1mo | $196,000 | $233 | 38 |
| 6000 NE 22nd Way Unit 3a | 0.75mi | 2/2.0 | 1,158 (+22%) | 0mo | $305,000 | $263 | 36 |
| 6000 NE 22nd Way Unit 7D | 0.75mi | 1/1.0 (-1) | 768 (-19%) | 0mo | $100,000 | $130 | 35 |
| 2421 NE 65th St #217 | 0.89mi | 1/1.0 (-1) | 756 (-20%) | 0mo | $230,000 | $304 | 35 |
| 2261 NE 67th St #1826 | 0.81mi | 1/1.5 (-1) | 756 (-20%) | 1mo | $125,000 | $165 | 32 |
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 · 3.63% rent growth · sell at horizon
5-year hold
- IRR
- -9.0%
- Equity multiple
- 0.67×
- Total profit
- $-13,975
- Equity at exit
- $22,351
10-year hold
- IRR
- 2.1%
- Equity multiple
- 1.16×
- Total profit
- $6,675
- Equity at exit
- $12,961
Cash invested: $41,972 (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.
Active competition Active MLS
- For sale now
- 4 active · 3 under contract
- Median asking
- $214,450 ($217/sqft)
- Median days on market
- 83 d
- This list price
- 25% of active listings are priced below it
- ARV vs active asking
- +1.7% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33308
- Rents YoY
- 3.6%
- Active inventory
- 1131
- Price-to-rent
- 5.3×
Monthly cashflow live
↻
- Estimated rent
- $2,346 high interval (Pro) →
- Mortgage (P&I)
- −$786
- Tax from tax record
- −$222 /mo · $2,661/yr
- Insurance
- −$62
- HOA
- −$652
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$493
- Net cashflow
- $131
Break-even live
Break-even rent
$2,180
Max offer price
$149,900
Occupancy floor
89%
Sensitivity live
| Price | -10% $216 | -5% $174 | +0% $131 | +5% $89 | +10% $46 |
|---|---|---|---|---|---|
| Rent | -10% $-54 | -5% $39 | +0% $131 | +5% $224 | +10% $317 |
| Rate | -1.0pp $207 | -0.5pp $169 | base $131 | +0.5pp $92 | +1.0pp $53 |
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
- $37,475
- Closing costs
- $4,497
- 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 |
|---|---|---|---|---|---|---|---|---|
| 6540 NE 18th Ave Fort Lauderdale, FL | 2.0 | 1.5 | 903 | $1,900 | $2.10 | 3d | 1 | 0.26mi |
| 120 Cypress Club Dr #231 Pompano Beach, FL | 2.0 | 2.0 | 966 | $1,900 | $1.97 | 3d | 1 | 0.36mi |
| 140 Cypress Club Dr #421 Pompano Beach, FL | 2.0 | 2.0 | 966 | $2,300 | $2.38 | 2d | 1 | 0.36mi |
| 5712 NE 17th Ter Unit 5712 Fort Lauderdale, FL | 2.0 | 1.0 | 1000 | $2,650 | $2.65 | 3d | 1 | 0.38mi |
| 170 Cypress Club Dr #730 Pompano Beach, FL | 2.0 | 2.0 | 966 | $1,900 | $1.97 | 3d | 1 | 0.45mi |
| 1821 NE 56th St Fort Lauderdale, FL | 2.0 | 1.0 | 800 | $2,000 | $2.50 | 3d | 1 | 0.50mi |
| 21 W McNab Rd Unit 21 Pompano Beach, FL | 2.0 | 2.0 | 1000 | $2,000 | $2.00 | 3d | 1 | 0.52mi |
| 2041 NE 56th St Unit 1 Fort Lauderdale, FL | 3.0 | 2.0 | 1000 | $3,800 | $3.80 | 14d | 1 | 0.54mi |
| 2041 NE 56th St Unit 1 Fort Lauderdale, FL | 3.0 | 2.0 | 1000 | $3,800 | $3.80 | 10d | 1 | 0.54mi |
| 2051 NE 56th St #2 Fort Lauderdale, FL | 2.0 | 2.0 | 1000 | $2,500 | $2.50 | 3d | 1 | 0.54mi |
| 231 SW 15th St Pompano Beach, FL | 1.0–2.0 | 1.0 | 615 | $1,989 | $3.23 | 3d | 2 | 0.56mi |
| 1741 NE 55th St Fort Lauderdale, FL | 2.0 | 2.0 | 1050 | $2,700 | $2.57 | 3d | 1 | 0.56mi |
| 151 SW 14th Ct Unit A Pompano Beach, FL | 2.0 | 1.0 | 900 | $1,900 | $2.11 | 3d | 1 | 0.57mi |
| 2020 NE 56th St Fort Lauderdale, FL | 2.0 | 2.0 | 1000 | $2,000 | $2.00 | 3d | 1 | 0.57mi |
| 1701 NE 55th St Unit 1-2 Fort Lauderdale, FL | 2.0 | 2.0 | 850 | $2,499 | $2.94 | 3d | 1 | 0.58mi |
| 5811 NE 14th Rd Fort Lauderdale, FL | 2.0 | 1.0 | 950 | $1,950 | $2.05 | 3d | 1 | 0.58mi |
| 5811 NE 14th Rd #1 Fort Lauderdale, FL | 2.0 | 1.5 | 1100 | $2,000 | $1.82 | 3d | 1 | 0.58mi |
| 2167 NE 56th Ct Unit A Fort Lauderdale, FL | 2.0 | 2.0 | 1106 | $2,300 | $2.08 | 3d | 1 | 0.60mi |
| 2070 NE 56th St Unit 1 Fort Lauderdale, FL | 1.0 | 1.0 | 1000 | $1,950 | $1.95 | 3d | 1 | 0.60mi |
| 2121 NE 68th St #109 Fort Lauderdale, FL | 2.0 | 2.0 | 1100 | $1,900 | $1.73 | 3d | 1 | 0.63mi |
| 6750 NE 21st Rd Fort Lauderdale, FL | 2.0 | 1.5–2.0 | 987 | $1,925 | $1.95 | 3d | 2 | 0.66mi |
| 510 SW 15th St #204 Pompano Beach, FL | 2.0 | 1.0 | 860 | $1,850 | $2.15 | 3d | 1 | 0.66mi |
| 510 SW 15th St #106 Pompano Beach, FL | 2.0 | 1.0 | 860 | $1,900 | $2.21 | 3d | 1 | 0.67mi |
| 2175 NE 56th St Fort Lauderdale, FL | 2.0–3.0 | 1.0–2.0 | 960 | $1,900 | $1.98 | 2d | 2 | 0.67mi |
| 5340 NE 17th Ter Unit 1-2 Fort Lauderdale, FL | 3.0 | 3.0 | 1050 | $3,900 | $3.71 | 114d | 1 | 0.69mi |
| 2161 NE 68th St #306 Fort Lauderdale, FL | 1.0 | 1.5 | 756 | $1,950 | $2.58 | 3d | 1 | 0.71mi |
| 2230 NE 56th Pl #210 Fort Lauderdale, FL | 2.0 | 1.5 | 1000 | $1,895 | $1.90 | 3d | 1 | 0.72mi |
| 2181 NE 67th St #603 Fort Lauderdale, FL | 2.0 | 2.0 | 1030 | $1,900 | $1.84 | 3d | 1 | 0.72mi |
| 5700 NE 22nd Way #324 Fort Lauderdale, FL | 2.0 | 2.0 | 1100 | $1,895 | $1.72 | 3d | 1 | 0.73mi |
| 160 SE 12th St Pompano Beach, FL | 2.0 | 2.0 | 950 | $5,390 | $5.67 | 10d | 1 | 0.74mi |
| 160 SE 12th St Pompano Beach, FL | 2.0 | 2.0 | 950 | $5,390 | $5.67 | 165d | 1 | 0.74mi |
| 6200 NE 22nd Way #312 Fort Lauderdale, FL | 2.0 | 1.5 | 920 | $2,150 | $2.34 | 3d | 1 | 0.74mi |
| 1407 NE 56th St Fort Lauderdale, FL | 1.0–2.0 | 1.0–2.0 | 712 | $2,000 | $2.81 | 3d | 3 | 0.74mi |
| 1400 NE 56th St Fort Lauderdale, FL | 1.0 | 1.0 | 700 | $2,542 | $3.63 | 9d | 1 | 0.76mi |
| 1240 SW 3rd Ter Pompano Beach, FL | 3.0 | 2.0 | 1037 | $3,800 | $3.66 | 95d | 1 | 0.76mi |
| 1600 S Dixie Hwy Unit 803 Pompano Beach, FL | 1.0 | 1.0 | 850 | $2,199 | $2.59 | 3d | 1 | 0.76mi |
| 1325 S Flagler Ave #104 Pompano Beach, FL | 2.0 | 2.0 | 905 | $2,200 | $2.43 | 3d | 1 | 0.81mi |
| 2271 NE 68th St #2022 Fort Lauderdale, FL | 2.0 | 1.5 | 875 | $2,000 | $2.29 | 3d | 1 | 0.83mi |
| 1156 SW 4th Ave Pompano Beach, FL | 2.0 | 1.0 | 945 | $3,300 | $3.49 | 146d | 1 | 0.83mi |
| 2401 NE 65th St Fort Lauderdale, FL | 1.0–2.0 | 1.0–2.0 | 938 | $2,400 | $2.56 | 3d | 3 | 0.84mi |
Property features AI
Finance
- Financial info
- No land leasePets not allowed
- HOA & community
- Has association (Georgian Court Apts Co-op Board)Monthly association fee of $652Association amenities include clubhouse, heated pool, pool, shuffleboard, recreation facilities, community room, library, park, picnic area, parking, laundry, manager on site, maintenance, managementAssociation fee covers insurance, maintenance (grounds & structure), pest control, sewer, trash, water, common areas, legal/accounting, reserve funds, roof repairs, recreation facility and pool service
Exterior
- Parking
- Assigned parking with guest spacesAsphalt open parking (5 spaces total indicated)Total listed parking spaces: 1
- Security
- Fire alarmSmoke detectors
- Utilities
- Public waterPublic sewerElectricity with 220V in kitchen and circuit breakersCable availableWater and sewer connected
- Home design
- Stock cooperative (co-op)One levelFirst-floor entryFaces south
- Construction
- Built with CBS construction materialsConcrete roofSlab foundation2-story building total (unit in a multi-story building)
- Exterior features
- Sidewalks and landscaped groundsPublic maintained paved/asphalt roadsNot waterfrontOther on-site structures
Interior
- Kitchen
- DishwasherDisposalElectric range / electric cooktopMicrowaveRefrigeratorWater purifier (owned)
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- TileEngineered wood
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Central electric heatingCentral air conditioningCeiling fans and paddle fansReverse cycle
- Interior features
- Walk-in closetsFurnishedBlinds and jalousie windows
- Laundry & utility
- Laundry room in common area
HOA detail $652/mo · $7,824/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-14days on market $149,900 Active 184 DOM
-
2026-09-13days on market $149,900 Active 183 DOM
-
2026-09-12days on market $149,900 Active 182 DOM
-
2026-09-11days on market $149,900 Active 181 DOM
-
2026-09-05days on market $149,900 Active 175 DOM
-
2026-09-04days on market $149,900 Active 174 DOM
-
2026-08-31days on market $149,900 Active 170 DOM
-
2026-08-29days on market $149,900 Active 168 DOM
-
2026-08-28days on market $149,900 Active 167 DOM
-
2026-08-27days on market $149,900 Active 166 DOM
-
2026-08-25days on market $149,900 Active 164 DOM
-
2026-08-24days on market $149,900 Active 163 DOM
-
2026-08-23days on market $149,900 Active 162 DOM
-
2026-08-22days on market $149,900 Active 161 DOM
-
2026-08-21days on market $149,900 Active 160 DOM
-
2026-08-20days on market $149,900 Active 159 DOM
-
2026-08-19days on market $149,900 Active 158 DOM
-
2026-08-18days on market $149,900 Active 157 DOM
-
2026-08-16days on market $149,900 Active 155 DOM
-
2026-08-15days on market $149,900 Active 154 DOM
-
2026-08-14days on market $149,900 Active 153 DOM
-
2026-08-13days on market $149,900 Active 152 DOM
-
2026-08-12days on market $149,900 Active 151 DOM
-
2026-08-11days on market $149,900 Active 150 DOM
-
2026-08-10days on market $149,900 Active 149 DOM
-
2026-08-09days on market $149,900 Active 148 DOM
-
2026-08-08days on market $149,900 Active 147 DOM
-
2026-08-06days on market $149,900 Active 145 DOM
-
2026-08-05days on market $149,900 Active 144 DOM
-
2026-08-03days on market $149,900 Active 142 DOM
-
2026-07-31days on market $149,900 Active 139 DOM
-
2026-07-28days on market $149,900 Active 136 DOM
-
2026-07-24days on market $149,900 Active 132 DOM
-
2026-07-23days on market $149,900 Active 131 DOM
-
2026-07-22days on market $149,900 Active 130 DOM
-
2026-07-21days on market $149,900 Active 129 DOM
-
2026-07-20days on market $149,900 Active 128 DOM
-
2026-07-16days on market $149,900 Active 124 DOM
-
2026-07-15days on market $149,900 Active 123 DOM
-
2026-07-14days on market $149,900 Active 122 DOM
-
2026-07-13days on market $149,900 Active 121 DOM
-
2026-07-13days on market $149,900 Active 120 DOM
-
2026-07-11days on market $149,900 Active 119 DOM
-
2026-07-10days on market $149,900 Active 118 DOM
-
2026-07-10days on market $149,900 Active 117 DOM
-
2026-07-07days on market $149,900 Active 115 DOM
-
2026-07-06days on market $149,900 Active 114 DOM
-
2026-07-06days on market $149,900 Active 113 DOM
-
2026-07-03days on market $149,900 Active 111 DOM
-
2026-07-02days on market $149,900 Active 110 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
- $2,661 · $222/mo
- Projected year-2 tax
- $2,661 · $222/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 4/10 Moderate FEMA zone X (shaded) · 13% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 6 d/yr ≥106°F today · 22 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
- $28,155
- − Mortgage interest
- −$8,397
- − Property taxes
- −$2,661
- − Insurance
- −$750
- − Repairs & maintenance
- −$2,252
- − Management
- −$2,252
- − HOA
- −$7,824
- − Depreciation
- −$4,361
- Taxable loss
- −$341
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$82
- After-tax cash flow
- $1,657/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 · 9 photos
80/100
Cosmetic rehab
Est. rehab $4,750–$14,250 screening
This move-in-ready townhouse in the Georgian Court community is in good condition with recent updates. It offers a prime location and is ready for new owners to move in.
Value-add opportunities
- Both Paint the exterior siding and shutters — Enhances curb appeal and can increase both resale and rental value ↑
- Both Replace the carpet in the bedrooms with hardwood or tile — Improves the overall aesthetic and can increase 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.
F
Composite school gradezoned avg 39/100
Zoned Schools
Elementary
Mcnab Elementary School
C+
FL #781/2,144
Nat'l #8,534/41,679
Middle
Pompano Beach Middle School
F
FL #421/571
Nat'l #7,581/14,009
High
Northeast High School
F
FL #505/667
Nat'l #12,478/17,239
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
A
Composite livability gradescore 82/100
Livability — Fort Lauderdale
- Score
- 82/100
- State rank
- #78
- US rank
- #1293
Category grades
Amenities A+
Commute C+
Cost of living D-
Crime A+
Employment B
Housing A-
Health & safety A+
User ratings B+
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Fort Lauderdale, FL
- County
- Broward County · 2,207,033 people
- City population
- 235,769
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 27,935
- Household income
- $93,879
- Rent vs Own
- Severe rent burden
- 21% 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
- Predominantly White (75%)
- Race & ethnicity
- White 75% Hispanic / Latino 16% Two or more races 14% Asian 3% Black 2%
- Hispanic origin (detail)
- Puerto Rican 2% Cuban 3%
- Languages at home
- 75% English-only · Spanish 14% Other Indo-European 5% Russian/Polish/Slavic 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
- ▼ -417.95%
- Current HPI
- 325.3902
- Rent YoY
- ▲ 3.63%
- 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
1 event — show timeline
- 2026-03-14 Listed $165,000 Beaches MLS
Property tax history
+17.6%/yrLatest (2025): $2,661 · +5.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…