1920 S Ocean Dr #511 · Fort Lauderdale, FL
Flood risk 6/10 · Moderate
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.53%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 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
- 1 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 +24.4/30.0
- 1% rule +10.0/10.0
- DSCR +7.9/10.0
- ARV discount +7.5/15.0
- Appreciation +7.1/10.0
- Schools +5.8/10.0
- Livability +4.1/5.0
- Rent growth +3.6/5.0
- Condition / age +1.0/5.0
$299,000
1920 S Ocean Dr #511 · Fort Lauderdale, FL 33316
3 bd · 2.0 ba · 1,293 sqft · Condo
public records
· 107 Days on market
Built 1961
$231/sqft
· 57% below area
$1125/mo HOA · 21% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Key facts
- Fitness center
- Fully gutted kitchen
- Impact glass windows
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 3-bed/2.0-bath condo listed at $299k. Condition is rated poor.
Deal economics
- At list price, monthly cash flow is $608 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($5k rent vs $299k).
- Recommended offer: $272k (9.0% below list) — sets the bar for market timing.
- Cap rate 8.7% vs local median 2.1% 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: Harbordale Elementary School (math 64% / reading 74%, grade A-, #399 of 2,144 statewide, top 19%, 487 students, 38% FRL); Sunrise Middle School (math 50% / reading 52%, grade C, #237 of 571 statewide, top 43%, 1,242 students, 64% FRL); Fort Lauderdale High School (math 38% / reading 67%, grade C-, #154 of 667 statewide, top 24%, 2,228 students, 57% FRL) — zoned schools at 53% FRL track the district average.
- Market conditions: Rents rising fast (+4.5%/yr); 504 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 65d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
- At $5,300/mo this rent would consume 66% of the median local household income ($97k/yr) (locally 18% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- In year one you build about $14k of equity ($2k loan paydown + $12k appreciation (4.2% local appreciation)).
- Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (4.2% appreciation + 4.5% rent growth), your $84k cash investment doubles in ~4 years — after that, you're playing with house money.
- By year 3, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 107 days — a 9% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: property tax is 3.1% of price; HOA is 21% of rent.
- Climate carrying-cost: major flood risk; 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
$272,090
(9.0% below list)
Questions for the listing agent
- It's been on market 107 days. Have you received any prior offers? Is the seller open to a 9% 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?
- Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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
- 1.77% ✓
- Cap rate
- 8.73%
- Cash-on-cash
- 8.72%
- DSCR
- 1.39
- GRM
- 4.7
CMA / ARV
- ARV (median comp)
- $699,326
- List price
- $299,000
- Delta
- -57.24%
- 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 |
|---|---|---|---|---|---|---|---|
| 2200 S Ocean Ln #2103 | 0.13mi | 2/2.0 (-1) | 1,258 (-3%) | 1mo | $930,000 | $739 | 83 |
| 1578 S Ocean Ln #214 | 0.44mi | 2/2.0 (-1) | 1,264 (-2%) | 2mo | $910,000 | $720 | 70 |
| 1900 S Ocean Dr Unit 811 | 0.06mi | 2/2.0 (-1) | 1,036 (-20%) | 3mo | $310,000 | $299 | 65 |
| 1710 S Ocean Ln #202 | 0.30mi | 2/2.0 (-1) | 1,498 (+16%) | 1mo | $1,600,000 | $1,068 | 56 |
| 1700 SE 15th St #206 | 1.05mi | 2/1.5 (-1) | 1,250 (-3%) | 2mo | $199,000 | $159 | 50 |
| 1 Las Olas Cir #905 | 1.45mi | 2/2.0 (-1) | 1,200 (-7%) | 2mo | $650,000 | $542 | 46 |
| 1819 SE 17th St #710 | 0.93mi | 2/2.5 (-1) | 1,440 (+11%) | 2mo | $510,000 | $354 | 37 |
| 1535 SE 15th St #305 | 1.19mi | 2/2.0 (-1) | 977 (-24%) | 0mo | $280,000 | $287 | 35 |
| 1 Las Olas Cir #404 | 1.45mi | 2/2.0 (-1) | 1,500 (+16%) | 2mo | $870,000 | $580 | 33 |
| 1 Las Olas Cir #610 | 1.45mi | 2/2.0 (-1) | 1,500 (+16%) | 2mo | $885,000 | $590 | 33 |
| 1819 SE 17th St #1008 | 0.93mi | 2/2.5 (-1) | 1,565 (+21%) | 2mo | $725,000 | $463 | 32 |
| 1501 SE 15th St Unit 3-2 | 1.29mi | 2/1.5 (-1) | 1,035 (-20%) | 2mo | $450,000 | $435 | 32 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
4.15% appreciation · 4.54% rent growth · sell at horizon
5-year hold
- IRR
- 20.0%
- Equity multiple
- 2.23×
- Total profit
- $102,661
- Equity at exit
- $154,183
10-year hold
- IRR
- 21.6%
- Equity multiple
- 4.63×
- Total profit
- $303,680
- Equity at exit
- $254,264
Cash invested: $83,720 (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
- 1 active · 3 under contract
- Median asking
- $1,449,000 ($1003/sqft)
- Median days on market
- 90 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -46.1% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33316
- Home prices YoY
- 1.3%
- Rents YoY
- 4.5%
- Active inventory
- 504
- Price-to-rent
- 4.7×
Monthly cashflow live
↻
- Estimated rent
- $5,300 high interval (Pro) →
- Mortgage (P&I)
- −$1,568
- Tax from tax record
- −$761 /mo · $9,134/yr
- Insurance
- −$125
- HOA
- −$1,125
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$1,113
- Net cashflow
- $608
Break-even live
Break-even rent
$4,530
Max offer price
$299,000
Occupancy floor
84%
Sensitivity live
| Price | -10% $777 | -5% $693 | +0% $608 | +5% $524 | +10% $439 |
|---|---|---|---|---|---|
| Rent | -10% $190 | -5% $399 | +0% $608 | +5% $818 | +10% $1,027 |
| Rate | -1.0pp $759 | -0.5pp $684 | base $608 | +0.5pp $531 | +1.0pp $452 |
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
- $74,750
- Closing costs
- $8,970
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2000 S Ocean Dr Fort Lauderdale, FL | 1.0–3.0 | 1.5–3.0 | 1871 | $8,000 | $4.28 | 27d | 3 | 0.06mi |
| 2000 S Ocean Dr Fort Lauderdale, FL | 1.0–3.0 | 1.5–3.0 | 1871 | $8,000 | $4.28 | 2d | 4 | 0.06mi |
| 2000 S Ocean Dr Fort Lauderdale, FL | 1.0–3.0 | 1.5–3.0 | 1871 | $8,000 | $4.28 | 31d | 4 | 0.06mi |
| 2100 S Ocean Ln #1912 Fort Lauderdale, FL | 2.0 | 2.0 | 1813 | $7,000 | $3.86 | 120d | 1 | 0.07mi |
| 2200 S Ocean Ln #3103 Fort Lauderdale, FL | 2.0 | 2.0 | 1350 | $3,600 | $2.67 | 51d | 1 | 0.10mi |
| 2100 S Ocean Dr Unit 16F Fort Lauderdale, FL | 2.0 | 2.0 | 1365 | $3,750 | $2.75 | 120d | 1 | 0.12mi |
| 2100 S Ocean Dr Fort Lauderdale, FL | 1.0–2.0 | 1.0–2.0 | 1132 | $3,750 | $3.31 | 60d | 2 | 0.13mi |
| 1800 S Ocean Dr #406 Fort Lauderdale, FL | 2.0 | 2.5 | 1790 | $5,950 | $3.32 | 48d | 1 | 0.21mi |
| 1696 S Ocean Ln #169 Fort Lauderdale, FL | 2.0 | 2.0 | 1273 | $4,500 | $3.53 | 58d | 1 | 0.32mi |
| 1799 Marietta Dr Fort Lauderdale, FL | 2.0 | 2.0 | 1248 | $4,900 | $3.93 | 120d | 1 | 0.34mi |
| 1645 S Ocean Ln #289 Fort Lauderdale, FL | 2.0 | 2.0 | 1273 | $7,500 | $5.89 | 120d | 1 | 0.36mi |
| 1680 S Ocean Ln #250 Fort Lauderdale, FL | 2.0 | 2.0 | 1264 | $10,000 | $7.91 | 97d | 1 | 0.36mi |
| 1635 Seabreeze Blvd Fort Lauderdale, FL | 3.0 | 2.0 | 1584 | $9,000 | $5.68 | 112d | 1 | 0.37mi |
| 2009 Admirals Way Fort Lauderdale, FL | 3.0 | 3.0 | 1805 | $14,999 | $8.31 | 120d | 1 | 0.38mi |
| 1630 S Ocean Ln #235 Fort Lauderdale, FL | 2.0 | 2.0 | 1273 | $4,800 | $3.77 | 0d | 1 | 0.39mi |
| 1585 S Ocean Ln #181 Fort Lauderdale, FL | 2.0 | 2.0 | 1273 | $5,995 | $4.71 | 7d | 1 | 0.40mi |
| 2424 SE 17th St Unit 312B Fort Lauderdale, FL | 2.0 | 2.0 | 875 | $2,500 | $2.86 | 26d | 1 | 0.40mi |
| 1586 S Ocean Ln #125 Fort Lauderdale, FL | 2.0 | 2.0 | 1264 | $6,900 | $5.46 | 63d | 1 | 0.42mi |
| 1586 S Ocean Ln #125 Fort Lauderdale, FL | 2.0 | 2.0 | 1264 | $6,900 | $5.46 | 64d | 1 | 0.42mi |
| 1565 S Ocean Ln #176 Fort Lauderdale, FL | 2.0 | 2.0 | 1264 | $8,000 | $6.33 | 24d | 1 | 0.43mi |
| 2200 SE 19th St Unit 2200 Fort Lauderdale, FL | 3.0 | 2.0 | 1710 | $5,400 | $3.16 | 117d | 1 | 0.45mi |
| 1556 S Ocean Ln #103 Fort Lauderdale, FL | 3.0 | 2.0 | 1273 | $6,500 | $5.11 | 103d | 1 | 0.46mi |
| 1566 S Ocean Ln #208 Fort Lauderdale, FL | 2.0 | 2.0 | 1264 | $6,150 | $4.87 | 120d | 1 | 0.47mi |
| 2201 Mariner Dr Fort Lauderdale, FL | 2.0 | 2.0 | 1185 | $2,949 | $2.49 | 5d | 2 | 0.47mi |
| 1775 Harbourview Dr #11 Fort Lauderdale, FL | 2.0 | 2.0 | 1400 | $4,000 | $2.86 | 40d | 1 | 0.57mi |
| 1775 Harbourview Dr Fort Lauderdale, FL | 1.0–2.0 | 1.0–2.0 | 1050 | $4,000 | $3.81 | 69d | 3 | 0.58mi |
| 3000 Holiday Dr Fort Lauderdale, FL | 2.0 | 2.0 | 1652 | $4,250 | $2.57 | 101d | 2 | 0.72mi |
| 3000 Holiday Dr Fort Lauderdale, FL | 2.0 | 2.0 | 1652 | $4,125 | $2.50 | 120d | 3 | 0.72mi |
| 3000 Holiday Dr #1803 Fort Lauderdale, FL | 2.0 | 2.0 | 1627 | $4,500 | $2.77 | 98d | 1 | 0.73mi |
| 3000 Holiday Dr #905 Fort Lauderdale, FL | 2.0 | 2.0 | 1609 | $4,900 | $3.05 | 19d | 1 | 0.73mi |
| 1819 SE 17th St Fort Lauderdale, FL | 1.0–2.0 | 1.5–2.0 | 1547 | $4,100 | $2.65 | 115d | 3 | 0.96mi |
| 1819 SE 17th St Fort Lauderdale, FL | 2.0 | 2.0–2.5 | 1572 | $5,350 | $3.40 | 39d | 3 | 0.96mi |
| 1819 SE 17th St Fort Lauderdale, FL | 2.0 | 2.0–2.5 | 1572 | $5,300 | $3.37 | 26d | 3 | 0.96mi |
| 1819 SE 17th St Fort Lauderdale, FL | 1.0–2.0 | 1.5–2.0 | 1547 | $4,100 | $2.65 | 109d | 3 | 0.96mi |
| 1819 SE 17th St Fort Lauderdale, FL | 1.0–2.0 | 1.5–2.0 | 1547 | $4,100 | $2.65 | 101d | 3 | 0.96mi |
| 1819 SE 17th St Fort Lauderdale, FL | 1.0–2.0 | 1.5–2.5 | 1572 | $6,200 | $3.94 | 41d | 4 | 0.96mi |
| 1819 SE 17th St Fort Lauderdale, FL | 1.0–2.0 | 1.5–2.5 | 1615 | $6,700 | $4.15 | 81d | 4 | 0.96mi |
| 1819 SE 17th St Fort Lauderdale, FL | 2.0 | 2.0–2.5 | 1572 | $4,900 | $3.12 | 10d | 4 | 0.96mi |
| 1721 SE 17th St Fort Lauderdale, FL | 2.0 | 1.0–2.0 | 939 | $4,600 | $4.90 | 0d | 57 | 1.05mi |
| 1718 SE 14th St Fort Lauderdale, FL | 3.0 | 2.0 | 1200 | $4,800 | $4.00 | 120d | 1 | 1.06mi |
Property features AI
Finance
- HOA & community
- Has associationMonthly association feeAssociation amenities include: Beach access, Fitness center, Laundry, Parking, Pool, Bike storage, Community room, Library, SecurityHOA fee covers insurance, trash, water, common areas, elevator, and pool service
Exterior
- Parking
- Assigned parking with guest and open spaces (1 parking spot total)
- Security
- Closed circuit camera(s)Building security
- Utilities
- Public waterPublic sewerElectricity connectedWater connected
- Home design
- CondominiumOne-level unitFaces westAtlantic Towers Co-op (16-story building)
- Construction
- CBS and pre-cast concrete constructionConcrete roof
- Exterior features
- No waterfrontBeach access
Interior
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- Linoleum
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central air conditioning
- Interior features
- Linoleum flooringClosed circuit camera(s)
- Laundry & utility
- Laundry: Other
HOA detail $1,125/mo · $13,500/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $299,000 Active 107 DOM
-
2026-09-22days on market $299,000 Active 106 DOM
-
2026-09-21days on market $299,000 Active 105 DOM
-
2026-09-20days on market $299,000 Active 104 DOM
-
2026-09-18days on market $299,000 Active 102 DOM
-
2026-09-17days on market $299,000 Active 101 DOM
-
2026-09-16days on market $299,000 Active 100 DOM
-
2026-09-15days on market $299,000 Active 99 DOM
-
2026-09-14days on market $299,000 Active 98 DOM
-
2026-09-13days on market $299,000 Active 97 DOM
-
2026-09-12days on market $299,000 Active 96 DOM
-
2026-09-11days on market $299,000 Active 95 DOM
-
2026-09-05days on market $299,000 Active 89 DOM
-
2026-09-04days on market $299,000 Active 88 DOM
-
2026-09-03days on market $299,000 Active 87 DOM
-
2026-08-31days on market $299,000 Active 84 DOM
-
2026-08-29days on market $299,000 Active 82 DOM
-
2026-08-28days on market $299,000 Active 81 DOM
-
2026-08-27days on market $299,000 Active 80 DOM
-
2026-08-25days on market $299,000 Active 78 DOM
-
2026-08-24days on market $299,000 Active 77 DOM
-
2026-08-23days on market $299,000 Active 76 DOM
-
2026-08-22days on market $299,000 Active 75 DOM
-
2026-08-21days on market $299,000 Active 74 DOM
-
2026-08-20days on market $299,000 Active 73 DOM
-
2026-08-19days on market $299,000 Active 72 DOM
-
2026-08-18days on market $299,000 Active 71 DOM
-
2026-08-17days on market $299,000 Active 70 DOM
-
2026-08-16days on market $299,000 Active 69 DOM
-
2026-08-15days on market $299,000 Active 68 DOM
-
2026-08-14days on market $299,000 Active 67 DOM
-
2026-08-13days on market $299,000 Active 66 DOM
-
2026-08-12days on market $299,000 Active 65 DOM
-
2026-08-11days on market $299,000 Active 64 DOM
-
2026-08-10days on market $299,000 Active 63 DOM
-
2026-08-09days on market $299,000 Active 62 DOM
-
2026-08-08days on market $299,000 Active 61 DOM
-
2026-08-06days on market $299,000 Active 59 DOM
-
2026-08-05days on market $299,000 Active 58 DOM
-
2026-08-03days on market $299,000 Active 56 DOM
-
2026-07-31days on market $299,000 Active 53 DOM
-
2026-07-28days on market $299,000 Active 50 DOM
-
2026-07-26days on market $299,000 Active 48 DOM
-
2026-07-24days on market $299,000 Active 46 DOM
-
2026-07-23days on market $299,000 Active 45 DOM
-
2026-07-22days on market $299,000 Active 44 DOM
-
2026-07-21days on market $299,000 Active 43 DOM
-
2026-07-20days on market $299,000 Active 42 DOM
-
2026-07-18days on market $299,000 Active 39 DOM
-
2026-07-16days on market $299,000 Active 38 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
- $9,134 · $761/mo
- Projected year-2 tax
- $9,134 · $761/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 6/10 Major FEMA zone X · 53% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥105°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 · 1 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
- $63,600
- − Mortgage interest
- −$16,749
- − Property taxes
- −$9,134
- − Insurance
- −$1,495
- − Repairs & maintenance
- −$5,088
- − Management
- −$5,088
- − HOA
- −$13,500
- − Depreciation
- −$8,698
- Taxable income
- $3,848
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$923
- After-tax cash flow
- $6,375/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
20/100
Extensive rehab
Est. rehab $64,650–$116,370 screening
This property requires extensive repairs, including a new roof and exterior siding, to improve its condition and value.
Components & finishes AI
Roof flat membrane · aged
Deferred maintenance Est. $10,000–$30,000 screening
- Major Roof (roof) — The roof appears to be aged and possibly leaking, indicated by the visible wear and tear.
Repairs flagged
- Major roof — Significant weathering and potential leaks
- Major exterior siding — Aged and possibly damaged
Value-add opportunities
- Both new roof — Critical to prevent water damage and improve overall appearance ↑
- Both new exterior siding — Enhances curb appeal and structural integrity ↑
- Both painting interior and exterior — Improves visual appeal and reflects well on the property ↑
ⓘ Rehab cost is a screening estimate — Extensive 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.
D
Composite school gradezoned avg 58/100
Zoned Schools
Elementary
Harbordale Elementary School
A-
FL #399/2,144
Nat'l #4,045/41,679
Middle
Sunrise Middle School
C
FL #237/571
Nat'l #3,276/14,009
High
Fort Lauderdale High School
C-
FL #154/667
Nat'l #4,948/17,239
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)
- 12,437
- Household income
- $96,641
- Rent vs Own
- Severe rent burden
- 18% 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 (70%)
- Race & ethnicity
- White 70% Hispanic / Latino 17% Two or more races 8% Black 7% Asian 3% Native American 1%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 3% Cuban 3%
- Common ancestry
- Romanian 3% Italian 3% Slovak 3%
- Foreign-born
- 22% · Canada, Jamaica, Dominican Republic
- Languages at home
- 80% English-only · Spanish 13% Tagalog/Filipino 2% Other Indo-European 1%
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
- ▲ 4.15%
- Current HPI
- 319.5598
- Rent YoY
- ▲ 4.54%
- 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
1 event — show timeline
- 2026-06-08 Listed $299,000 Beaches MLS
Property tax history
+7.0%/yrLatest (2025): $9,134 · +10.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…