200 Berkley Rd #202 · Hollywood, FL 33024

$145,000

2 bd · 2.0 ba · 940 sqft · Condo public records · 2 Days on market

Built 1980 $545/mo HOA · 25% of rent

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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 +13.0/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• DSCR +3.9/10.0
• Livability +3.8/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Key facts

• $545 HOA
• Parking
• Community pool

Property features AI

Finance

• Other: Senior community
• Financial info: Not a land lease property; Pets allowed (call for details)
• HOA & community: Association dues assessed monthly; HOA includes insurance, sewer, water, common area maintenance, and roof repairs; Community amenities: fitness center, game room, laundry, parking, pool, spa/hot tub, shuffleboard court, pickleball courts, sidewalks, maintained community

Exterior

• Parking: 1 parking space; No carport
• Security: Gated community
• Utilities: Public water; Public sewer; 150 amp electrical service; Cable connected; Electricity connected; Water available
• Home design: Condominium; 2 total stories; unit entry on the 2nd floor; Resale condition; Faces east
• Construction: Concrete block construction with stucco; Shingle roof; Block foundation; Built as part of a multi-story building
• Exterior features: Covered patio; Screened patio; Patio

Interior

• Kitchen: Electric range; Built-in microwave; Dishwasher; Garbage disposal; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: Ceramic tile; Wood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: No special interior features listed
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $145k.

Deal economics

• At list price, monthly cash flow is $-9 ($-109/yr) — negative.
• To cash-flow at today's rent, offer at most $143k (1.1% below list).
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $143k (1.1% below list) — sets the bar for cash-flow.
• Cap rate 6.2% vs local median 3.2% in Hollywood — 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 76/100 on livability (#232 in FL, #3,548 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, crime B+; Watch: amenities 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: Driftwood Elementary School (math 26% / reading 41%, grade F, #1,758 of 2,144 statewide, top 83%, 522 students, 73% FRL); Driftwood Middle School (math 34% / reading 45%, grade F, #373 of 571 statewide, top 66%, 1,136 students, 71% FRL); Hollywood Hills High School (math 14% / reading 31%, grade F, #539 of 667 statewide, top 81%, 1,718 students, 68% FRL) — zoned schools average 71% FRL vs 51% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 32% at this address vs 48% district-wide (-16 pts) — the specific schools serving this property underperform the Broward average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.0%/yr); 326 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
• This rent runs 33% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $98k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price; HOA is 25% of rent.

Recommended offer $143,394 (1.1% 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. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.50% ✓
• Cap rate: 6.22%
• Cash-on-cash: -0.27%
• DSCR: 0.99
• GRM: 5.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.01% rent growth · sell at horizon

5-year hold

• IRR: -20.3%
• Equity multiple: 0.31×
• Total profit: $-27,874
• Equity at exit: $21,620

10-year hold

• IRR: -22.8%
• Equity multiple: 0.02×
• Total profit: $-39,937
• Equity at exit: $12,537

Cash invested: $40,600 (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.

Methodology + full state rankings →

ZIP-level market 33024

• Rents YoY: 1.0%
• Active inventory: 326
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $2,180 high
• Mortgage (P&I): −$760
• Tax from tax record: −$365 /mo · $4,382/yr
• Insurance: −$60
• HOA: −$545
• Vacancy / Maint / Mgmt: −$458
• Net cashflow: $-9

Break-even live

Break-even rent $2,191

Max offer price $143,394

Occupancy floor 95%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
251 Berkley Rd #209 Hollywood, FL	1.0	1.5	650	$1,600	$2.46	2d	1	0.04mi
251 Berkley Rd #209 Hollywood, FL	1.0	1.5	650	$1,600	$2.46	24d	1	0.04mi
200 Ashbury Rd #209 Hollywood, FL	1.0	1.5	920	$1,450	$1.58	24d	1	0.05mi
301 Cambridge Rd #301 Hollywood, FL	2.0	2.0	920	$1,850	$2.01	20d	1	0.08mi
300 Berkley Rd #212 Hollywood, FL	2.0	2.0	920	$1,995	$2.17	24d	1	0.11mi
100 Ashbury Rd Hollywood, FL	1.0–2.0	1.5–2.0	840	$2,400	$2.86	20d	2	0.14mi
100 Ashbury Rd Hollywood, FL	1.0–2.0	1.5–2.0	840	$2,400	$2.86	5d	2	0.14mi
322 Briarwood Cir Unit 1-17 Hollywood, FL	2.0	2.0	1030	$2,500	$2.43	13d	1	0.14mi
6243 Garden Ct Davie, FL	2.0	2.0	950	$2,375	$2.50	24d	1	0.22mi
6249 Garden Ct Davie, FL	2.0	2.0	950	$2,399	$2.53	16d	1	0.23mi
100 Gate Rd Unit 3-63 Hollywood, FL	2.0	2.0	1000	$2,300	$2.30	14d	1	0.25mi
200 Gate Rd #102 Hollywood, FL	2.0	2.0	1015	$1,850	$1.82	24d	1	0.33mi
7400 Stirling Rd Hollywood, FL	2.0	1.0	610	$2,118	$3.47	7d	11	0.52mi
7420 Stirling Rd Hollywood, FL	2.0	2.0	925	$2,195	$2.37	4d	1	0.61mi
6420 Oak St Hollywood, FL	3.0	2.0	1028	$3,500	$3.40	24d	1	0.63mi
6420 Oak St Hollywood, FL	2.0	1.0	1027	$3,500	$3.41	20d	1	0.63mi
7550 Stirling Rd Hollywood, FL	1.0–2.0	1.0–2.0	872	$2,295	$2.63	1d	7	0.70mi
7025 Stirling Rd Davie, FL	1.0–3.0	1.0–2.0	1044	$2,696	$2.58	2d	17	0.75mi
3300 El Jardin Dr Hollywood, FL	2.0	1.0	864	$2,000	$2.31	24d	1	0.80mi
7608 NW 38th Ct #14 Hollywood, FL	2.0	2.0	831	$2,450	$2.95	24d	1	0.83mi
7610 Stirling Rd Unit 204C Hollywood, FL	1.0	1.0	750	$1,675	$2.23	14d	1	0.84mi
7610 Stirling Rd Hollywood, FL	1.0	1.0	750	$1,675	$2.23	24d	2	0.84mi
7541 Atlanta St #7541 Hollywood, FL	3.0	2.0	1056	$2,700	$2.56	24d	1	0.95mi
5100 SW 64th Ave Davie, FL	2.0	2.0	990	$2,122	$2.14	24d	2	0.98mi
5100 SW 64th Ave #106 Davie, FL	2.0	2.0	990	$2,250	$2.27	3d	1	0.98mi
5100 SW 64th Ave #106 Davie, FL	2.0	2.0	990	$2,350	$2.37	21d	1	0.98mi
5060 SW 64th Ave #102 Davie, FL	2.0	2.0	742	$2,150	$2.90	24d	1	1.02mi
5080 SW 64th Ave #208 Davie, FL	2.0	2.0	990	$2,200	$2.22	10d	1	1.04mi
5080 SW 64th Ave #208 Davie, FL	2.0	2.0	990	$2,200	$2.22	15d	1	1.04mi
6791 Scott St Hollywood, FL	3.0	2.0	886	$3,300	$3.72	1d	1	1.06mi
6791 Scott St Unit 6791 Hollywood, FL	3.0	2.0	886	$3,400	$3.84	24d	1	1.06mi
6560 SW 49th St Unit 2 Davie, FL	1.0	1.0	1000	$1,800	$1.80	3d	1	1.18mi
3211 Sabal Palm Mnr #105 Hollywood, FL	2.0	2.0	942	$1,666	$1.77	24d	1	1.19mi
6193 SW 48th Ct Unit 6193 Davie, FL	2.0	2.0	1075	$2,600	$2.42	10d	1	1.19mi
6193 SW 48th Ct Unit 6193 Davie, FL	2.0	2.0	1075	$2,550	$2.37	2d	1	1.19mi
4785 SW 62nd Ave #102 Davie, FL	2.0	2.0	965	$2,175	$2.25	5d	1	1.23mi
3271 Sabal Palm Mnr #103 Hollywood, FL	2.0	2.0	942	$2,100	$2.23	24d	1	1.25mi
4775 SW 62nd Ave #102 Davie, FL	2.0	2.0	965	$1,950	$2.02	24d	1	1.26mi
3241 Sabal Palm Mnr #104 Hollywood, FL	2.0	2.0	942	$2,150	$2.28	24d	1	1.26mi
7851 Raleigh St Hollywood, FL	3.0	2.0	1008	$3,400	$3.37	17d	1	1.35mi

HOA detail condo

• Monthly dues: $545 · $6,540/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 2 events

1. 2026-06-18
   days on market $145,000 Active 2 DOM
2. 2026-06-17
   listed $145,000 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: $4,382 · $365/mo
• Projected year-2 tax: $4,382 · $365/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $26,156
• − Mortgage interest: −$8,122
• − Property taxes: −$4,382
• − Insurance: −$725
• − Repairs & maintenance: −$2,092
• − Management: −$2,092
• − HOA: −$6,540
• − Depreciation: −$4,218
• Taxable loss: −$2,017
• Est. tax savings @ 24.0%: +$484
• After-tax cash flow: $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.

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 — Hollywood

• Score: 76/100
• State rank: #232
• US rank: #3548

Category grades

Amenities D Commute A+ Cost of living C+ Crime B+ Employment C Housing A+ Health & safety B+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hollywood, FL
• County: Broward County · 1,963,430 people
• City population: 109,079
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 76,585
• Household income: $80,061
• Rent vs Own: 36.0% rent · 64.0% own
• Severe rent burden: 2813.0

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 0.65)
• Race & ethnicity: Hispanic / Latino 52% Two or more races 23% White 22% Black 17% Asian 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 7% Cuban 13% Dominican 5%
• Common ancestry: Hispanic 4% Romanian 2% Estonian 1%
• Foreign-born: 40% · Canada, Jamaica, Dominican Republic
• Languages at home: 44% English-only · Spanish 46% French/Haitian/Cajun 5% Other Indo-European 3%

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: ▼ -442.20%
• Current HPI: 464.3405
• Rent YoY: ▲ 1.01%
• 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

+218.7% since first listed

4 events — show timeline

• 2026-06-16 Listed $145,000 Beaches MLS
• 2004-09-24 Sold (Public Records) $98,500 Public Records
• 2000-11-07 Sold (Public Records) $49,000 Public Records
• 1980-11-01 Sold (Public Records) $45,500 Public Records

Property tax history

+22.4%/yr

Latest (2025): $4,382 · +503.3% YoY. Source: county tax records.