CashFlowRE
Sign in Sign up
6095 N Sabal Palm Blvd #212
D Composite 43.41
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 +10.4/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • DSCR +3.0/10.0
  • Condition / age +2.5/5.0
  • Rent growth +2.2/5.0
  • Appreciation +0.0/10.0

$135,500

6095 N Sabal Palm Blvd #212 · Tamarac, FL 33319
2 bd · 2.0 ba · 1,270 sqft · Condo public records · 102 Days on market
Built 1983

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

MOTIVATED SELLER !! Beautiful condo in this 55+ community located in the heart of Tamarac! This centrally located gem is just minutes away from everything you need, from the beach to the shopping center and airports. Step inside, fall in love and enjoy the modern contemporary design. The spacious living and dining rooms, and a fully functional kitchen. Sip your morning coffee and enjoy the gorgeous garden view from your screened balcony in a private corner of this fully spacious 2/2 unit. With over 1,200 sq ft of living space, Spacious walk-in closet in the Master, and a stackable washer/dryer. plenty of storage. The convenience of an assigned parking spot. Amenities include 2 heater poo

Key facts

  • Centrally located
  • Screened balcony
  • 2 heater pools

Tags

CENTRALLY LOCATEDGORGEOUS GARDEN VIEWSCREENED BALCONYSPACIOUS WALK-IN CLOSETASSIGNED PARKING SPOT2 HEATER POOLS

Property features AI

Finance

  • Other: Building area approximately 1,000 (public records); Resale condition
  • Financial info: No land lease; Pets not allowed
  • HOA & community: Community is a senior community; Association amenities: Billiard room, Clubhouse, Fitness center, Game room, Parking, Pool, Shuffleboard court, Spa/Hot Tub, Storage, Tennis courts, Business center, Community room; Association includes internet and maintenance; Association fee paid monthly; Association fee includes cable TV, insurance, internet, sewer, trash, water, common areas, recreation facility, pool service

Exterior

  • Parking: Assigned parking; Guest parking; 1 parking space
  • Security: Other security features
  • Utilities: Public water; Public sewer; Cable connected; Electricity connected; Sewer available
  • Home design: Condominium; One level; Building faces north; 3 total stories; Entry level: 1
  • Construction: CBS construction; Other roof
  • Exterior features: First-floor entry

Interior

  • Kitchen: Dishwasher; Electric range; Refrigerator
  • Bedrooms: No main-level bedrooms
  • Flooring: Carpet; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central electric heating; Central electric cooling
  • Interior features: Walk-in closet(s); Blinds
  • Laundry & utility: Laundry room; Electric water heater

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 $136k.

Deal economics

  • At list price, monthly cash flow is $-72 ($-866/yr) — negative.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $136k).
  • Recommended offer: $123k (9.0% below list) — sets the bar for market timing.
  • Cap rate 5.7% vs local median 3.9% in Tamarac — 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 (#239 in FL, #3,785 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A-; Watch: employment C-, amenities F, commute 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: Nova Blanche Forman Elementary (math 35% / reading 55%, grade D-, #1,271 of 2,144 statewide, top 60%, 769 students, 72% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); Nova High School (math 22% / reading 56%, grade F, #312 of 667 statewide, top 48%, 2,227 students, 59% FRL) — zoned schools average 66% FRL vs 51% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents soft (-1.4%/yr); 827 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 $2,326/mo this rent would consume 48% of the median local household income ($58k/yr) (locally 2809% 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 $937 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 102 days — a 9% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 3y 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.
  • Current owner paid $71k; list at $136k implies a 91% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: property tax is 2.6% of price; HOA is 36% of rent.
Recommended offer $123,305 (9.0% 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. It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. 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?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. 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?
  9. 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?
  10. 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.
  11. 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.
  12. 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
5.65%
Cash-on-cash
-2.28%
DSCR
0.90
GRM
4.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-27.0%
Equity multiple
0.14×
Total profit
$-32,740
Equity at exit
$20,203
10-year hold
IRR
-75.3%
Equity multiple
-0.53×
Total profit
$-58,205
Equity at exit
$11,716

Cash invested: $37,940 (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 33319

Rents YoY
-1.4%
Active inventory
827
Price-to-rent
4.9×

Monthly cashflow live

Estimated rent
$2,326 high interval (Pro) →
Mortgage (P&I)
$711
Tax from tax record
$295 /mo · $3,540/yr
Insurance
$56
HOA est. from 5 same-building comps
$848
Vacancy / Maint / Mgmt
$489
Net cashflow
$-72

Break-even live

Break-even rent $2,418
Max offer price $122,745
Occupancy floor 98%

Sensitivity live

Price -10% $5 -5% $-34 +0% $-72 +5% $-111 +10% $-149
Rent -10% $-256 -5% $-164 +0% $-72 +5% $20 +10% $112
Rate -1.0pp $-4 -0.5pp $-38 base $-72 +0.5pp $-107 +1.0pp $-143

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
$33,875
Closing costs
$4,065
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
6075 N Sabal Palm Blvd #210 Tamarac, FL 2.0 2.0 970 $1,900 $1.96 22d 1 0.12mi
2024 Champions Way North Lauderdale, FL 2.0 2.0 948 $2,500 $2.64 26d 1 0.20mi
1812 Adventure Pl #1812 North Lauderdale, FL 2.0 1.0 955 $2,200 $2.30 26d 1 0.23mi
6963 SW 19th St Pompano Beach, FL 2.0 1.0 1054 $1,700 $1.61 26d 1 0.25mi
5780 Rock Island Rd #362 Tamarac, FL 2.0 2.0 1030 $1,900 $1.84 26d 1 0.28mi
1850 Adventure Pl North Lauderdale, FL 3.0 2.0 1336 $2,750 $2.06 26d 1 0.30mi
5476 Gate Lake Rd #5476 Tamarac, FL 3.0 2.5 1811 $2,900 $1.60 3d 1 0.36mi
1908 Players Pl North Lauderdale, FL 3.0 2.0 1336 $1,150 $0.86 26d 1 0.37mi
5424 Gate Lake Rd #5424 Tamarac, FL 3.0 2.5 1811 $3,000 $1.66 26d 1 0.40mi
1953 Players Pl #1953 North Lauderdale, FL 3.0 2.0 1186 $2,400 $2.02 26d 1 0.40mi
7174 Sportsmans Dr North Lauderdale, FL 2.0 2.0 1186 $2,400 $2.02 26d 1 0.41mi
5646 Rock Island Rd #198 Tamarac, FL 2.0 2.0 1030 $2,150 $2.09 26d 1 0.45mi
5628 Rock Island Rd Tamarac, FL 1.0–2.0 1.0–2.0 867 $2,000 $2.31 6d 2 0.46mi
4717 NW 58th St Tamarac, FL 2.0 2.0 1354 $2,600 $1.92 9d 1 0.47mi
5584 NW 59th Pl Tamarac, FL 3.0 2.5 1488 $2,700 $1.81 26d 1 0.48mi
5843 Woodlands Blvd Unit 5843 Tamarac, FL 3.0 2.5 1373 $2,900 $2.11 26d 1 0.50mi
6872 SW 15th St Pompano Beach, FL 2.0 1.0 919 $2,400 $2.61 15d 1 0.51mi
33 Spinning Wheel Ln Tamarac, FL 3.0 2.5 1865 $2,750 $1.47 26d 1 0.52mi
1720 SW 64th Ter North Lauderdale, FL 3.0 2.0 1248 $3,600 $2.88 13d 1 0.54mi
4945 NW 55th Ct Tamarac, FL 2.0 2.0 1579 $2,850 $1.80 6d 1 0.57mi
4934 NW 55th Ct Tamarac, FL 2.0 1.0 1059 $1,895 $1.79 16d 1 0.60mi
4941 NW 55th St Tamarac, FL 2.0 2.0 1639 $2,700 $1.65 26d 1 0.61mi
6711 Boulevard of Champions North Lauderdale, FL 1.0 1.0 1216 $1,800 $1.48 26d 1 0.64mi
5821 Swordfish Ct Unit B Tamarac, FL 2.0 2.5 1380 $2,250 $1.63 26d 1 0.68mi
1937 SW 60th Ter #1937 North Lauderdale, FL 3.0 2.5 1640 $2,650 $1.62 26d 1 0.75mi
6056 SW 19th Pl North Lauderdale, FL 2.0 2.5 1161 $2,350 $2.02 26d 1 0.77mi
1956 SW 60th Ter Unit 1956 North Lauderdale, FL 3.0 2.5 1640 $2,600 $1.59 14d 1 0.77mi
1958 SW 60th Ter Unit 1958 North Lauderdale, FL 3.0 2.5 1640 $2,450 $1.49 0d 1 0.77mi
1958 SW 60th Ter Unit 1958 North Lauderdale, FL 3.0 2.5 1640 $2,600 $1.59 26d 1 0.77mi
6060 SW 19th Ct North Lauderdale, FL 2.0 3.0 1120 $2,200 $1.96 26d 1 0.78mi
6081 SW 19th St North Lauderdale, FL 2.0 2.5 1161 $2,499 $2.15 26d 1 0.78mi
6081 SW 19th St North Lauderdale, FL 2.0 2.5 1161 $2,290 $1.97 6d 1 0.78mi
129 San Remo Blvd #129 North Lauderdale, FL 3.0 2.5 1403 $2,600 $1.85 26d 1 0.79mi
1400 Avon Ln North Lauderdale, FL 1.0–3.0 1.0–2.0 1070 $2,298 $2.15 0d 60 0.82mi
6812 Rio Pinar Unit 1 North Lauderdale, FL 3.0 2.0 1610 $3,500 $2.17 23d 1 0.83mi
6812 Rio Pinar Unit 1 North Lauderdale, FL 3.0 2.0 1610 $3,500 $2.17 18d 1 0.83mi
6812 Rio Pinar North Lauderdale, FL 3.0 2.0 1610 $3,500 $2.17 12d 1 0.83mi
6009 SW 19th St North Lauderdale, FL 3.0 2.0 1600 $2,900 $1.81 19d 1 0.85mi
1962 SW 60th Ave North Lauderdale, FL 3.0 3.0 1280 $2,500 $1.95 21d 1 0.85mi
1984 SW 60th Ave Unit 1984 North Lauderdale, FL 3.0 2.5 1640 $2,650 $1.62 26d 1 0.85mi

HOA detail condo

Monthly dues
$0 · $0/yr
Likely covers
parking
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 22 events

  1. 2026-06-21
    days on market $135,500 Active 102 DOM
  2. 2026-06-18
    days on market $135,500 Active 99 DOM
  3. 2026-06-17
    days on market $135,500 Active 98 DOM
  4. 2026-06-16
    days on market $135,500 Active 97 DOM
  5. 2026-06-15
    days on market $135,500 Active 96 DOM
  6. 2026-06-13
    days on market $135,500 Active 94 DOM
  7. 2026-06-09
    days on market $135,500 Active 90 DOM
  8. 2026-06-07
    days on market $135,500 Active 88 DOM
  9. 2026-06-04
    days on market $135,500 Active 85 DOM
  10. 2026-06-03
    days on market $135,500 Active 84 DOM
  11. 2026-06-02
    days on market $135,500 Active 83 DOM
  12. 2026-06-01
    days on market $135,500 Active 82 DOM
  13. 2026-05-31
    days on market $135,500 Active 81 DOM
  14. 2026-03-24
    price $135,500
  15. 2026-03-24
    price $135
  16. 2026-03-24
    price $135,500
  17. 2025-04-27
    listed $137,900 Active
  18. 2024-10-20
    historical
  19. 2024-04-10
    price $149,200
  20. 2023-10-17
    price $174,850
  21. 2023-05-01
    listed $192,500 Active
  22. 2004-05-25
    soldstatus $71,000

ⓘ 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
$3,540 · $295/mo
Projected year-2 tax
$3,540 · $295/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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$27,917
− Mortgage interest
−$7,590
− Property taxes
−$3,540
− Insurance
−$678
− Repairs & maintenance
−$2,233
− Management
−$2,233
− HOA
−$10,176
− Depreciation
−$3,942
Taxable loss
−$2,476
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$594
After-tax cash flow
$-272/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 — Tamarac

Score
76/100
State rank
#239
US rank
#3785

Category grades

Amenities F Commute F 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
Tamarac, FL
County
Broward County · 1,963,430 people
City population
105,666
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
54,450
Household income
$58,388
Rent vs Own
31.9% rent · 68.1% own
Severe rent burden
2809.0

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 0.58)
Race & ethnicity
Black 61% Hispanic / Latino 17% White 15% Two or more races 11% Asian 4%
Hispanic origin (detail)
Puerto Rican 4% Cuban 2% Dominican 1%
Common ancestry
Hispanic 13% Romanian 1% Italian 1%
Foreign-born
46% · Canada, Jamaica, Vietnam
Languages at home
64% English-only · Spanish 15% French/Haitian/Cajun 15% Other Indo-European 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
▼ -202.84%
Current HPI
328.4307
Rent YoY
▼ -1.38%
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

+90.8% since first listed
9 events — show timeline
  • 2026-03-24 Price Changed $135,500 Beaches MLS
  • 2026-03-24 Price Changed $135 Beaches MLS
  • 2026-03-24 Price Changed $135,500 Beaches MLS
  • 2025-04-27 Listed $137,900 Beaches MLS
  • 2024-10-20 Listing Removed MARMLS
  • 2024-04-10 Price Changed $149,200 MARMLS
  • 2023-10-17 Price Changed $174,850 MARMLS
  • 2023-05-01 Listed $192,500 MARMLS
  • 2004-05-25 Sold (Public Records) $71,000 Public Records

Property tax history

+14.4%/yr

Latest (2025): $3,540 · +14.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…