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301 NE 14th Ave #601
C+ Composite 63.27
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 +25.2/30.0
  • 1% rule +9.0/10.0
  • DSCR +8.3/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$290,000

301 NE 14th Ave #601 · Hallandale Beach, FL 33009
2 bd · 2.0 ba · 1,092 sqft · Condo public records · 113 Days on market
Built 1971 $604/mo HOA · 15% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

This fully renovated 2-bedroom, 2-bathroom condo is located in the heart of Hallandale and can be rented immediately after purchase. All ages welcome, HOA of $604 per month and no special assessments — all have been paid in full. The interior features ceramic tile flooring throughout, updated kitchen and bathrooms, and an enclosed balcony, offering pool views and flexible use as a home office. Conveniently located within walking distance to shopping, dining, plazas, and grocery stores. Just 1 mile from the beach, 2 miles to I-95, and minutes from Gulfstream Park & Casino. Affordable coastal living with strong rental flexibility. Move-in ready and ideally located near the beach.

Key facts

  • Enclosed balcony
  • Pool views
  • Updated kitchen

Tags

CERAMIC TILE FLOORINGUPDATED KITCHENENCLOSED BALCONYPOOL VIEWSWALKING DISTANCE TO SHOPPINGWALKING DISTANCE TO DINING

Property features AI

Finance

  • Financial info: Pets allowed with restrictions or possible restrictions (conditional)
  • HOA & community: Monthly association fee of $604; Association amenities include pool and elevators; Association fee covers amenities, cable TV, hot water, and parking

Exterior

  • Parking: Assigned parking; Guest parking available; One covered space / 1 garage space
  • Security: Secured elevator
  • Utilities: Water and sewer included in association amenities (per association); Cable TV included in association amenities
  • Home design: Condominium (attached property); 7 stories; Entry on level 6; Effective year built
  • Construction: Block construction
  • Exterior features: Association pool; Elevator secured

Interior

  • Kitchen: Dishwasher; Disposal; Refrigerator
  • Flooring: Ceramic tile; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Elevator; Other interior features

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 $290k.

Deal economics

  • At list price, monthly cash flow is $651 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $290k).
  • Recommended offer: $264k (9.0% below list) — sets the bar for market timing.
  • Cap rate 9.0% 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: 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; 1373 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $4,069/mo this rent would consume 94% 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 $9k 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 113 days — a 9% lower offer ($264k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 4y 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.
Recommended offer $263,900 (9.0% below list)

Questions for the listing agent

  1. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
1.40%
Cap rate
8.99%
Cash-on-cash
9.62%
DSCR
1.43
GRM
5.9

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
-5.3%
Equity multiple
0.81×
Total profit
$-15,393
Equity at exit
$43,240
10-year hold
IRR
0.3%
Equity multiple
1.02×
Total profit
$1,636
Equity at exit
$25,074

Cash invested: $81,200 (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
1373
Price-to-rent
5.9×

Monthly cashflow live

Estimated rent
$4,069 high interval (Pro) →
Mortgage (P&I)
$1,521
Tax from tax record
$318 /mo · $3,814/yr
Insurance
$121
HOA
$604
Vacancy / Maint / Mgmt
$854
Net cashflow
$651

Break-even live

Break-even rent $3,245
Max offer price $290,000
Occupancy floor 79%

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
$72,500
Closing costs
$8,700
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
1124 NE 7th St Hallandale Beach, FL 3.0 2.0 1320 $3,900 $2.95 22d 1 0.23mi
906 NE 6th St Hallandale Beach, FL 3.0 2.0 1080 $4,250 $3.94 24d 1 0.30mi
906 NE 6th St Hallandale Beach, FL 3.0 2.0 1080 $4,250 $3.94 5d 1 0.30mi
906 NE 6th St Hallandale Beach, FL 3.0 2.0 1080 $4,250 $3.94 11d 1 0.30mi
1755 E Hallandale Beach Blvd Unit 2207E Hallandale Beach, FL 2.0 2.0 1354 $3,950 $2.92 24d 1 0.32mi
1755 E Hallandale Beach Blvd Unit 1407E Hallandale Beach, FL 2.0 2.0 1354 $3,650 $2.70 24d 1 0.32mi
1745 E Hallandale Beach Blvd Unit 2302W Hallandale Beach, FL 3.0 2.0 1481 $3,900 $2.63 24d 1 0.34mi
1745 E Hallandale Beach Blvd Unit 802W Hallandale Beach, FL 3.0 2.0 1481 $3,600 $2.43 24d 1 0.34mi
1745 E Hallandale Beach Blvd Unit 2302W Hallandale Beach, FL 3.0 2.0 1481 $3,900 $2.63 14d 1 0.34mi
1180 E Hallandale Beach Blvd Unit 1241877P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $5,453 $6.46 3d 2 0.40mi
101 Diplomat Pkwy Hallandale Beach, FL 1.0 1.0 859 $3,740 $4.35 24d 1 0.46mi
1001 NE 10th St Unit 2 Hallandale Beach, FL 3.0 2.0 1270 $3,600 $2.83 24d 1 0.48mi
110 N Federal Hwy #1401 Hallandale Beach, FL 2.0 2.0 1220 $3,999 $3.28 7d 1 0.49mi
401 N Federal Hwy Hallandale Beach, FL 1.0–3.0 1.0–2.0 973 $2,765 $2.84 15d 48 0.52mi
2500 Parkview Dr #2518 Hallandale Beach, FL 2.0 2.0 1280 $4,000 $3.12 7d 1 0.67mi
2500 Parkview Dr #2518 Hallandale Beach, FL 2.0 2.0 1280 $4,000 $3.12 13d 1 0.67mi
1528 Wiley St Hollywood, FL 2.0 1.0 1488 $4,100 $2.76 24d 1 0.67mi
2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $4,219 $5.00 1d 2 0.80mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 1.0–2.0 1.0–2.0 1070 $5,950 $5.56 20d 4 0.81mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 1.0–2.0 1.0–2.0 1092 $5,950 $5.45 24d 3 0.81mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 3.0 1.0–3.0 1011 $5,495 $5.44 1d 5 0.81mi
2600 E Hallandale Beach Blvd Unit T3208 Hallandale Beach, FL 2.0 2.0 1030 $6,950 $6.75 24d 1 0.81mi
2600 E Hallandale Beach Blvd Unit T3110 Hallandale Beach, FL 2.0 2.0 1028 $3,650 $3.55 24d 1 0.81mi
2600 E Hallandale Beach Blvd Unit T3307 Hallandale Beach, FL 2.0 2.0 1030 $4,500 $4.37 24d 1 0.81mi
200 E Pembroke Rd Hallandale Beach, FL 3.0 1.0–2.0 1006 $3,480 $3.46 1d 62 0.86mi
201 Golden Isles Dr #302 Hallandale Beach, FL 2.0 2.0 1150 $3,975 $3.46 24d 1 0.87mi
121 Golden Isles Dr #1 Hallandale Beach, FL 2.0 2.0 1379 $4,000 $2.90 24d 1 0.90mi
4010 S Ocean Dr Hollywood, FL 1.0–3.0 1.0–3.5 1078 $7,250 $6.73 24d 5 0.90mi
211 SE 4th St #3 Hallandale Beach, FL 3.0 2.5 1290 $3,950 $3.06 24d 1 0.91mi
2721 E Hallandale Beach Blvd Unit 1049818P Hollywood, FL 1.0–2.0 1.0–2.0 946 $5,897 $6.23 3d 2 0.92mi
2723 E Hallandale Beach Blvd Unit 1049813P Hollywood, FL 3.0 2.0 1496 $6,498 $4.34 2d 1 0.93mi
3800 S Ocean Dr #1818 Hollywood, FL 2.0 2.0 1270 $4,200 $3.31 7d 1 0.93mi
3800 S Ocean Dr #1818 Hollywood, FL 2.0 2.0 1270 $3,800 $2.99 4d 1 0.93mi
4010 S Ocean Dr Unit T3708 Hollywood, FL 3.0 2.5 1361 $8,000 $5.88 24d 1 0.94mi
4010 S Ocean Dr Unit R1108 Hollywood, FL 3.0 2.5 1361 $12,999 $9.55 24d 1 0.94mi
4010 S Ocean Dr Unit 1388506P Hollywood, FL 2.0 2.0 1097 $4,881 $4.45 7d 1 0.94mi
4010 S Ocean Dr Unit T3609 Hollywood, FL 2.0 2.0 1060 $6,300 $5.94 3d 1 0.94mi
4010 S Ocean Dr Unit T3609 Hollywood, FL 2.0 2.0 1060 $6,300 $5.94 24d 1 0.94mi
4010 S Ocean Dr Unit R2102 Hollywood, FL 2.0 2.0 1075 $6,500 $6.05 24d 1 0.94mi
4010 S Ocean Dr Unit R504 Hollywood, FL 3.0 2.0 1122 $10,000 $8.91 7d 1 0.94mi

HOA detail condo

Monthly dues
$604 · $7,248/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 19 events

  1. 2026-06-07
    days on market $290,000 Active 113 DOM
  2. 2026-06-04
    days on market $290,000 Active 110 DOM
  3. 2026-06-03
    days on market $290,000 Active 109 DOM
  4. 2026-06-02
    days on market $290,000 Active 108 DOM
  5. 2026-06-01
    days on market $290,000 Active 107 DOM
  6. 2026-05-31
    days on market $290,000 Active 106 DOM
  7. 2026-02-14
    listed $290,000 Active
  8. 2026-02-09
    historical
  9. 2026-01-07
    listed $290,000 Active
  10. 2025-12-29
    historical
  11. 2025-10-10
    price $299,990
  12. 2025-09-29
    price $310,000
  13. 2025-08-14
    listed $320,000 Active
  14. 2022-11-29
    soldstatus $280,000
  15. 2022-11-28
    soldstatus $280,000 Closed
  16. 2022-11-15
    status Pending
  17. 2022-10-27
    listed $332,000 Active
  18. 2010-03-05
    soldstatus $67,500
  19. 1970-10-01
    soldstatus $25,900

ⓘ 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
$3,814 · $318/mo
Projected year-2 tax
$3,814 · $318/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$48,825
− Mortgage interest
−$16,245
− Property taxes
−$3,814
− Insurance
−$1,450
− Repairs & maintenance
−$3,906
− Management
−$3,906
− HOA
−$7,248
− Depreciation
−$8,436
Taxable income
$3,820
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$917
After-tax cash flow
$6,893/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

+1019.7% since first listed
13 events — show timeline
  • 2026-02-14 Listed $290,000 MARMLS
  • 2026-02-09 Listing Removed MARMLS
  • 2026-01-07 Listed $290,000 MARMLS
  • 2025-12-29 Listing Removed MARMLS
  • 2025-10-10 Price Changed $299,990 MARMLS
  • 2025-09-29 Price Changed $310,000 MARMLS
  • 2025-08-14 Listed $320,000 MARMLS
  • 2022-11-29 Sold (Public Records) $280,000 Public Records
  • 2022-11-28 Sold (MLS) $280,000 MARMLS
  • 2022-11-15 Pending MARMLS
  • 2022-10-27 Listed $332,000 MARMLS
  • 2010-03-05 Sold (Public Records) $67,500 Public Records
  • 1970-10-01 Sold (Public Records) $25,900 Public Records

Property tax history

+7.5%/yr

Latest (2025): $3,814 · -3.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…