🏷️ Likely Rental
6770 Royal Palm Blvd Unit 207l · Margate, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- 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)
- 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 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- Cash flow +8.9/30.0
- Livability +4.0/5.0
- Condition / age +3.8/5.0
- Rent growth +3.0/5.0
- DSCR +2.5/10.0
- Schools +2.5/10.0
- Appreciation +0.0/10.0
$85,000
6770 Royal Palm Blvd Unit 207l · Margate, FL 33063
1 bd · 1.5 ba · 720 sqft · Condo
· 179 Days on market
Built 1980
$118/sqft
· 24% below area
Est $112k · 24% under
$635/mo HOA · 43% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome home to this beautifully maintained, waterfront condo. This 1 bed, 1.5 bath is conveniently located right next to the elevator, laundry room, & the trash chute. This neighborhood has 3 pools, a clubhouse, gym & a pavilion for cooking. Building has new roof. Close proximity to golf courses, shopping plazas and many more. Association requires credit score of 700 and minimum household income of $40,000 Seller is offering concessions equaling to HALF the HOA for the first year for the next owners.
Key facts
- Clubhouse
- Pavilion for cooking
- Waterfront condo
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $85,000 price
doesn't fit this home's estimated sale value (~$111,577)
and the remarks read like a rental — treat the cards below with caution.
What this means for you Summary
Snapshot
- This is a 1-bed/1.5-bath condo listed at $85k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-68 ($-818/yr) — negative.
- To cash-flow at today's rent, offer at most $75k (11.6% below list).
- Meets the 1% rule at list price ($1k rent vs $85k).
- Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
- Cap rate 5.3% vs local median 4.3% in Margate — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 81/100 on livability (#85 in FL, #1,398 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: amenities F.
- 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: Alphabet Land-Margate (8 students, 0% FRL); Margate Middle School (math 25% / reading 34%, grade F, #469 of 571 statewide, top 84%, 1,094 students, 77% FRL); Coconut Creek High School (math 13% / reading 26%, grade F, #562 of 667 statewide, top 85%, 1,892 students, 72% FRL) — zoned schools at 50% FRL track the district average.
- Zoned-school proficiency averages 24% at this address vs 48% district-wide (-23 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 (+1.9%/yr); 840 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 77d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% 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 $588 of loan paydown is wiped out by about $3k 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 179 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 43% of rent.
- Climate carrying-cost: 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.
Recommended offer
$74,800
(12.0% below list)
Questions for the listing agent
- 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?
- It's been on market 179 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- 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.
- 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?
- 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
- 1.72% ✓
- Cap rate
- 5.33%
- Cash-on-cash
- -3.44%
- DSCR
- 0.85
- GRM
- 4.8
CMA / ARV
- ARV (median comp)
- $111,577
- List price
- $85,000
- Delta
- -23.82%
- 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 |
|---|---|---|---|---|---|---|---|
| 6750 Royal Palm Blvd Unit 310e | 0.05mi | 1/1.5 | 720 (0%) | 2mo | $80,000 | $111 | 96 |
| 3150 Holiday Springs Blvd #103 | 1.48mi | 1/1.0 | 725 (+1%) | 1mo | $70,000 | $97 | 61 |
| 461 NW 76th Ave #205 | 1.36mi | 1/1.5 | 735 (+2%) | 1mo | $68,000 | $93 | 61 |
| 3090 Holiday Springs Blvd #106 | 1.36mi | 1/1.0 | 720 (0%) | 3mo | $53,500 | $74 | 60 |
| 7400 NW 5th Pl #105 | 1.09mi | 1/1.5 | 735 (+2%) | 3mo | $51,500 | $70 | 59 |
| 7400 NW 4th Pl #205 | 1.18mi | 1/1.5 | 735 (+2%) | 3mo | $45,000 | $61 | 59 |
| 1020 Country Club Dr #405 | 1.05mi | 1/1.5 | 775 (+8%) | 2mo | $110,000 | $142 | 50 |
| 601 NW 78th Ter #204 | 1.36mi | 1/1.0 | 670 (-7%) | 2mo | $50,000 | $75 | 50 |
| 2661 Riverside Dr #2 | 1.42mi | 2/1.0 (+1) | 800 (+11%) | 3mo | $170,000 | $213 | 37 |
| 5520 Lakeside Dr #105 | 1.37mi | 2/2.0 (+1) | 815 (+13%) | 1mo | $198,000 | $243 | 35 |
| 5560 Lakeside Dr #204 | 1.27mi | 2/2.0 (+1) | 815 (+13%) | 1mo | $192,500 | $236 | 35 |
| 266 NW 60th Ave #266 | 1.41mi | 2/2.0 (+1) | 825 (+15%) | 0mo | $230,000 | $279 | 34 |
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 · 1.94% rent growth · sell at horizon
5-year hold
- IRR
- -24.0%
- Equity multiple
- 0.19×
- Total profit
- $-19,246
- Equity at exit
- $12,674
10-year hold
- IRR
- -25.0%
- Equity multiple
- -0.13×
- Total profit
- $-26,871
- Equity at exit
- $7,349
Cash invested: $23,800 (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
- 5 active · 2 under contract
- Median asking
- $139,900 ($194/sqft)
- Median days on market
- 96 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -20.2% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33063
- Home prices YoY
- -18.1%
- Rents YoY
- 1.9%
- Active inventory
- 840
- Price-to-rent
- 4.8×
Monthly cashflow live
↻
- Estimated rent
- $1,461 high interval (Pro) →
- Mortgage (P&I)
- −$446
- Tax est. 1.5%
- −$106 /mo · $1,275/yr
- Insurance
- −$35
- HOA
- −$635
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$307
- Net cashflow
- $-68
Break-even live
Break-even rent
$1,547
Max offer price
$75,133
Occupancy floor
100%
Sensitivity live
| Price | -10% $-9 | -5% $-39 | +0% $-68 | +5% $-98 | +10% $-127 |
|---|---|---|---|---|---|
| Rent | -10% $-184 | -5% $-126 | +0% $-68 | +5% $-10 | +10% $47 |
| Rate | -1.0pp $-25 | -0.5pp $-47 | base $-68 | +0.5pp $-90 | +1.0pp $-113 |
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
- $21,250
- Closing costs
- $2,550
- 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 |
|---|---|---|---|---|---|---|---|---|
| 6670 Royal Palm Blvd Margate, FL | 1.0 | 1.5 | 720 | $1,325 | $1.84 | 75d | 2 | 0.07mi |
| 6750 Royal Palm Blvd Margate, FL | 1.0 | 1.5–2.0 | 720 | $1,250 | $1.74 | 32d | 2 | 0.07mi |
| 6750 Royal Palm Blvd Margate, FL | 1.0 | 2.0 | 720 | $1,500 | $2.08 | 24d | 1 | 0.07mi |
| 6750 Royal Palm Blvd Unit 209E Margate, FL | 1.0 | 1.5 | 720 | $1,000 | $1.39 | 98d | 1 | 0.07mi |
| 6870 Royal Palm Blvd Unit 111M Margate, FL | 1.0 | 1.5 | 720 | $1,500 | $2.08 | 64d | 1 | 0.09mi |
| 6670 Royal Palm Blvd Unit 205K Margate, FL | 1.0 | 1.5 | 720 | $1,250 | $1.74 | 75d | 1 | 0.09mi |
| 6670 Royal Palm Blvd Unit 206K Margate, FL | 1.0 | 1.5 | 720 | $1,300 | $1.81 | 6d | 1 | 0.09mi |
| 6670 Royal Palm Blvd Unit 206K Margate, FL | 1.0 | 1.5 | 720 | $1,450 | $2.01 | 120d | 1 | 0.09mi |
| 6700 Royal Palm Blvd Unit 210D Margate, FL | 1.0 | 1.5 | 720 | $1,450 | $2.01 | 99d | 1 | 0.11mi |
| 6890 Royal Palm Blvd Unit 209H Margate, FL | 1.0 | 1.5 | 720 | $1,300 | $1.81 | 20d | 1 | 0.12mi |
| 6650 Royal Palm Blvd Unit 110C Margate, FL | 1.0 | 1.0 | 540 | $1,450 | $2.69 | 103d | 1 | 0.14mi |
| 6550 Royal Palm Blvd Unit 105A Margate, FL | 1.0 | 1.0 | 540 | $1,500 | $2.78 | 120d | 1 | 0.20mi |
| 6550 Royal Palm Blvd Unit 304A Margate, FL | 1.0 | 1.5 | 720 | $1,500 | $2.08 | 38d | 1 | 0.20mi |
| 7030 NW 22nd Way Margate, FL | 1.0 | 1.0 | 575 | $1,600 | $2.78 | 69d | 1 | 0.43mi |
| 6505 Winfield Blvd Margate, FL | 1.0–2.0 | 1.0–2.0 | 860 | $1,350 | $1.57 | 12d | 3 | 0.59mi |
| 6505 Winfield Blvd Margate, FL | 1.0 | 1.0 | 720 | $1,450 | $2.01 | 116d | 2 | 0.59mi |
| 6505 Winfield Blvd Margate, FL | 1.0 | 1.0 | 720 | $1,450 | $2.01 | 106d | 2 | 0.59mi |
| 6501 Winfield Blvd Unit A50 Margate, FL | 1.0 | 1.0 | 720 | $1,395 | $1.94 | 109d | 1 | 0.59mi |
| 6501 Winfield Blvd Unit A33 Margate, FL | 1.0 | 1.0 | 720 | $1,400 | $1.94 | 120d | 1 | 0.59mi |
| 6501 Winfield Blvd Unit A26 Margate, FL | 1.0 | 1.0 | 720 | $1,500 | $2.08 | 61d | 1 | 0.59mi |
| 6501 Winfield Blvd Unit A53 Margate, FL | 1.0 | 1.0 | 720 | $1,550 | $2.15 | 77d | 1 | 0.59mi |
| 6501 Winfield Blvd Unit A53 Margate, FL | 1.0 | 1.0 | 720 | $1,550 | $2.15 | 120d | 1 | 0.59mi |
| 6501 Winfield Blvd Unit A26 Margate, FL | 1.0 | 1.0 | 720 | $1,500 | $2.08 | 37d | 1 | 0.59mi |
| 6505 Winfield Blvd Unit B45 Margate, FL | 1.0 | 1.0 | 720 | $1,400 | $1.94 | 109d | 1 | 0.61mi |
| 6505 Winfield Blvd Unit B45 Margate, FL | 1.0 | 1.0 | 720 | $1,350 | $1.88 | 75d | 1 | 0.61mi |
| 6505 Winfield Blvd Unit B14 Margate, FL | 1.0 | 1.0 | 720 | $1,345 | $1.87 | 70d | 1 | 0.61mi |
| 6505 Winfield Blvd Unit 53B Margate, FL | 1.0 | 1.0 | 720 | $1,500 | $2.08 | 109d | 1 | 0.61mi |
| 6507 Winfield Blvd Margate, FL | 1.0 | 1.0 | 649 | $1,200 | $1.85 | 6d | 1 | 0.66mi |
| 6507 Winfield Blvd Margate, FL | 1.0 | 1.0–1.5 | 740 | $1,475 | $1.99 | 81d | 2 | 0.66mi |
| 1251 W River Dr Unit 3 Margate, FL | 1.0 | 1.0 | 500 | $1,500 | $3.00 | 109d | 1 | 0.66mi |
| 2698 NW 65th Ave Unit 2704 Margate, FL | 1.0 | 1.0 | 700 | $1,775 | $2.54 | 120d | 1 | 0.72mi |
| 7807 Golf Circle Dr Margate, FL | 1.0 | 1.0–1.5 | 757 | $1,525 | $2.01 | 116d | 4 | 0.72mi |
| 7807 Golf Circle Dr Margate, FL | 1.0 | 1.0–1.5 | 749 | $1,475 | $1.97 | 6d | 2 | 0.72mi |
| 7807 Golf Circle Dr #207 Margate, FL | 1.0 | 1.0 | 739 | $1,650 | $2.23 | 10d | 1 | 0.73mi |
| 7797 Golf Circle Dr Margate, FL | 1.0–2.0 | 1.0–2.0 | 834 | $1,350 | $1.62 | 5d | 2 | 0.77mi |
| 5800 Margate Blvd Unit 132-1 Margate, FL | 1.0 | 1.0 | 728 | $1,500 | $2.06 | 88d | 1 | 0.85mi |
| 5800 Margate Blvd Unit 411-4 Margate, FL | 1.0 | 1.0 | 728 | $1,650 | $2.27 | 120d | 1 | 0.85mi |
| 7897 Golf Circle Dr Margate, FL | 1.0–2.0 | 1.0–2.0 | 829 | $1,349 | $1.63 | 74d | 3 | 0.86mi |
| 6711 NW 30th St Margate, FL | 1.0 | 1.0 | 456 | $1,399 | $3.07 | 76d | 1 | 0.92mi |
| 6008 NW 10th St Unit 2 Margate, FL | 1.0 | 1.0 | 483 | $1,450 | $3.00 | 6d | 1 | 0.94mi |
Property features AI
Finance
- Other
- Senior community
- Financial info
- Pets not allowed
- HOA & community
- HOA with monthly feeAssociation amenities include clubhouse, elevator(s), laundry, on-site management, parking, pool, trash chute, and maintained communityHOA fee includes cable TV, electricity, internet, grounds maintenance, sewer, trash, water, common areas, recreation facility, and pool service
Exterior
- Parking
- Assigned parking (common)1 parking space
- Security
- Manager on site
- Utilities
- Public waterPublic sewerCable availableWater connectedSewer available
- Home design
- CondominiumOne storyFaces north
- Construction
- Concrete block with stucco constructionOther roof
- Exterior features
- WaterfrontPoolClubhouseMaintained community
Interior
- Kitchen
- DishwasherDisposalMicrowaveRefrigeratorFreezerElectric range / cooktop
- Bedrooms
- 1 bedroom on the main level
- Flooring
- Tile
- Bathrooms
- 1 full bathroom1 half bathroom
- Heating & cooling
- Central heatingCentral airCeiling fan(s)
- Interior features
- Walk-in closetAccessible bedroomAccessible common areaAccessible approach with rampUpdated/remodeled
- Laundry & utility
- Laundry in building / community
HOA detail $635/mo · $7,620/yr condo
- Likely covers
- watertrashpoolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $85,000 Active 179 DOM
-
2026-09-22days on market $85,000 Active 178 DOM
-
2026-09-21days on market $85,000 Active 177 DOM
-
2026-09-20days on market $85,000 Active 176 DOM
-
2026-09-18days on market $85,000 Active 174 DOM
-
2026-09-17days on market $85,000 Active 173 DOM
-
2026-09-16days on market $85,000 Active 172 DOM
-
2026-09-15days on market $85,000 Active 171 DOM
-
2026-09-14days on market $85,000 Active 170 DOM
-
2026-09-13days on market $85,000 Active 169 DOM
-
2026-09-12days on market $85,000 Active 168 DOM
-
2026-09-11days on market $85,000 Active 167 DOM
-
2026-09-05days on market $85,000 Active 161 DOM
-
2026-09-04days on market $85,000 Active 160 DOM
-
2026-08-31days on market $85,000 Active 156 DOM
-
2026-08-29days on market $85,000 Active 154 DOM
-
2026-08-28days on market $85,000 Active 153 DOM
-
2026-08-27days on market $85,000 Active 152 DOM
-
2026-08-25days on market $85,000 Active 150 DOM
-
2026-08-24days on market $85,000 Active 149 DOM
-
2026-08-23days on market $85,000 Active 148 DOM
-
2026-08-22days on market $85,000 Active 147 DOM
-
2026-08-21days on market $85,000 Active 146 DOM
-
2026-08-20days on market $85,000 Active 145 DOM
-
2026-08-19days on market $85,000 Active 144 DOM
-
2026-08-18days on market $85,000 Active 143 DOM
-
2026-08-16days on market $85,000 Active 141 DOM
-
2026-08-15days on market $85,000 Active 140 DOM
-
2026-08-14days on market $85,000 Active 139 DOM
-
2026-08-13days on market $85,000 Active 138 DOM
-
2026-08-12days on market $85,000 Active 137 DOM
-
2026-08-11days on market $85,000 Active 136 DOM
-
2026-08-10days on market $85,000 Active 135 DOM
-
2026-08-09days on market $85,000 Active 134 DOM
-
2026-08-08days on market $85,000 Active 133 DOM
-
2026-08-06days on market $85,000 Active 131 DOM
-
2026-08-05days on market $85,000 Active 130 DOM
-
2026-08-03days on market $85,000 Active 128 DOM
-
2026-07-31days on market $85,000 Active 125 DOM
-
2026-07-28days on market $85,000 Active 122 DOM
-
2026-07-24days on market $85,000 Active 118 DOM
-
2026-07-23days on market $85,000 Active 117 DOM
-
2026-07-22days on market $85,000 Active 116 DOM
-
2026-07-21days on market $85,000 Active 115 DOM
-
2026-07-20days on market $85,000 Active 114 DOM
-
2026-07-18pricedays on market $85,000 Active 111 DOM
-
2026-07-16days on market $90,000 Active 110 DOM
-
2026-07-15days on market $90,000 Active 109 DOM
-
2026-07-14days on market $90,000 Active 108 DOM
-
2026-07-13days on market $90,000 Active 107 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥106°F today · 27 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $17,533
- − Mortgage interest
- −$4,761
- − Property taxes
- −$1,275
- − Insurance
- −$425
- − Repairs & maintenance
- −$1,403
- − Management
- −$1,403
- − HOA
- −$7,620
- − Depreciation
- −$2,473
- Taxable loss
- −$1,827
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$438
- After-tax cash flow
- $-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 · 13 photos
75/100
Cosmetic rehab
Est. rehab $3,600–$10,800 screening
This waterfront condo is in good condition with minimal maintenance required. It offers a good return on investment with potential for both resale and rental value through cosmetic updates.
Value-add opportunities
- Both Painting and touch-up trim — Enhances curb appeal and interior aesthetics. ↑
- Both Landscaping improvements — Enhances curb appeal and adds value to the property. ↑
ⓘ 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 24/100
Zoned Schools
Elementary
Alphabet Land-Margate
Middle
Margate Middle School
F
FL #469/571
Nat'l #9,020/14,009
High
Coconut Creek High School
F
FL #562/667
Nat'l #14,491/17,239
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 81/100
Livability — Margate
- Score
- 81/100
- State rank
- #85
- US rank
- #1398
Category grades
Amenities F
Commute A+
Cost of living A-
Crime B-
Employment C
Housing A+
Health & safety A+
User ratings A
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Margate, FL
- County
- Broward County · 2,207,033 people
- City population
- 55,466
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 55,466
- Household income
- $62,918
- Rent vs Own
- Severe rent burden
- 20% 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
- Highly diverse neighborhood (Simpson 0.72)
- Race & ethnicity
- White 34% Hispanic / Latino 29% Black 28% Two or more races 18% Asian 4%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 7% Cuban 3% Dominican 3%
- Common ancestry
- Hispanic 6% Romanian 2% Estonian 2%
- Foreign-born
- 36% · Canada, Jamaica, Vietnam
- Languages at home
- 61% English-only · Spanish 24% French/Haitian/Cajun 7% Other Indo-European 4%
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
- ▼ -87.17%
- Current HPI
- 393.9225
- Rent YoY
- ▲ 1.94%
- 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
- 2026-03-23 Listed $90,000 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…