9091 Lime Bay Blvd #312 · Tamarac, 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 2/10 · 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
- 26 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 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 +22.2/30.0
- 1% rule +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +7.1/10.0
- Schools +4.1/10.0
- Livability +3.8/5.0
- Condition / age +2.5/5.0
- Rent growth +2.0/5.0
- Appreciation +0.0/10.0
$99,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Beautiful 1/1 top-floor (3rd) unit Condo fully remodeled. 55+ Community of Lime Bay, located in the of Tamarac. Very spacious with an open layout and a big master bedroom and bath. That unit also features a storage and a large, screened balcony. Price reduced for quick sale. Cash Preferred!! Hurry sends your best offer it won't last!!!
Key facts
- Tennis
- Hot tub
- Extra storage
Tags
Property features AI
Finance
- HOA & community: Has homeowners association (Lime Bay Condominium Inc. - Phase I); HOA fee paid monthly; HOA amenities include clubhouse, fitness center, pool, storage, and community room; Unit is in a senior community; Pets not allowed
Exterior
- Parking: Assigned parking; Guest parking; Carport; 1 parking space
- Utilities: Public water; Public sewer; Cable available
- Home design: Condominium; One level; Faces southeast; Resale unit
- Construction: Built with CBS construction; Concrete roof; 3-story building
- Exterior features: Not waterfront; No waterfront features
Interior
- Kitchen: Dishwasher; Electric range; Refrigerator
- Bedrooms: 1 bedroom on the main level
- Flooring: Ceramic tile; Tile
- Bathrooms: 1 full bathroom
- Heating & cooling: Electric heating; Central air conditioning (electric)
- Interior features: Walk-in closet(s)
- Laundry & utility: Laundry in a common area
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $100k.
Deal economics
- At list price, monthly cash flow is $162 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $100k).
- Recommended offer: $91k (9.0% below list) — sets the bar for market timing.
- Cap rate 8.3% 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: Challenger Elementary School (math 37% / reading 53%, grade D-, #1,271 of 2,144 statewide, top 60%, 909 students, 62% FRL); J. P. Taravella High School (math 19% / reading 45%, grade F, #415 of 667 statewide, top 63%, 2,586 students, 54% FRL).
- Market conditions: Rents soft (-1.9%/yr); 588 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
- This rent runs 32% of the median local income ($62k/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 $688 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 99 days — a 9% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 4y ago; this cycle's ask has dropped $6k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 27% of rent.
- Climate carrying-cost: 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.
Questions for the listing agent
- It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 1.65% ✓
- Cap rate
- 8.25%
- Cash-on-cash
- 6.99%
- DSCR
- 1.31
- GRM
- 5.0
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -10.6%
- Equity multiple
- 0.63×
- Total profit
- $-10,301
- Equity at exit
- $14,836
- IRR
- -9.7%
- Equity multiple
- 0.53×
- Total profit
- $-13,058
- Equity at exit
- $8,603
Cash invested: $27,860 (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
ZIP-level market 33321
- Home prices YoY
- -30.4%
- Rents YoY
- -1.9%
- Active inventory
- 588
- Price-to-rent
- 5.0×
Monthly cashflow live
- Estimated rent
- $1,645 high interval (Pro) →
- Mortgage (P&I)
- −$522
- Tax from tax record
- −$126 /mo · $1,509/yr
- Insurance
- −$41
- HOA
- −$448
- Vacancy / Maint / Mgmt
- −$345
- Net cashflow
- $162
Break-even live
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
- $24,875
- Closing costs
- $2,985
- 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 18 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 9091 Lime Bay Blvd #212 Tamarac, FL | 1.0 | 1.0 | 700 | $1,500 | $2.14 | 10d | 1 | 0.03mi |
| 9301 Lime Bay Blvd Tamarac, FL | 1.0–2.0 | 1.5–2.0 | 850 | $1,400 | $1.65 | 24d | 2 | 0.27mi |
| 9360 Lime Bay Blvd #314 Tamarac, FL | 1.0 | 1.5 | 750 | $1,640 | $2.19 | 14d | 1 | 0.32mi |
| 8601 W McNab Rd Tamarac, FL | 3.0 | 1.0–2.0 | 993 | $2,211 | $2.23 | 3d | 11 | 0.37mi |
| 7630 Westwood Dr #327 Tamarac, FL | 1.0 | 1.0 | 741 | $1,550 | $2.09 | 2d | 1 | 0.69mi |
| 7630 Westwood Dr #327 Tamarac, FL | 1.0 | 1.0 | 741 | $1,550 | $2.09 | 14d | 1 | 0.69mi |
| 9905 Westwood Dr Unit 18-3 Tamarac, FL | 1.0 | 1.0 | 615 | $1,625 | $2.64 | 24d | 1 | 0.82mi |
| 8060 Colony Cir N Tamarac, FL | 1.0 | 1.5 | 750 | $1,600 | $2.13 | 17d | 2 | 0.83mi |
| 8060 Colony Cir N #208 Tamarac, FL | 1.0 | 1.5 | 750 | $1,700 | $2.27 | 15d | 1 | 0.83mi |
| 8800 NW 78th Ct Tamarac, FL | 1.0–2.0 | 1.0–2.0 | 910 | $1,908 | $2.10 | 1d | 15 | 0.84mi |
| 9909 Westwood Dr Unit 16-1 Tamarac, FL | 1.0 | 1.0 | 615 | $1,650 | $2.68 | 24d | 1 | 0.87mi |
| 8000 Lagos De Campo Blvd Unit A-303 Tamarac, FL | 1.0 | 1.5 | 746 | $1,775 | $2.38 | 24d | 1 | 0.89mi |
| 8040 Colony Cir N #207 Tamarac, FL | 1.0 | 1.5 | 750 | $1,475 | $1.97 | 24d | 1 | 0.94mi |
| 7910 Colony Cir N #308 Tamarac, FL | 1.0 | 1.5 | 750 | $1,600 | $2.13 | 24d | 1 | 1.00mi |
| 7900 Colony Cir S #303 Tamarac, FL | 1.0 | 1.5 | 750 | $1,680 | $2.24 | 24d | 1 | 1.00mi |
| 7980 N Nob Hill Rd Tamarac, FL | 1.0–2.0 | 1.0–2.0 | 836 | $1,700 | $2.03 | 16d | 2 | 1.25mi |
| 8050 N Nob Hill Rd #102 Tamarac, FL | 1.0 | 1.0 | 691 | $1,850 | $2.68 | 3d | 1 | 1.29mi |
| 8050 N Nob Hill Rd #102 Tamarac, FL | 1.0 | 1.0 | 691 | $1,850 | $2.68 | 2d | 1 | 1.29mi |
HOA detail condo
- Monthly dues
- $448 · $5,376/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 24 events
-
2026-06-18days on market $99,500 Active 99 DOM
-
2026-06-17days on market $99,500 Active 98 DOM
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2026-06-16days on market $99,500 Active 97 DOM
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2026-06-15days on market $99,500 Active 96 DOM
-
2026-06-13days on market $99,500 Active 94 DOM
-
2026-06-09days on market $99,500 Active 90 DOM
-
2026-06-07days on market $99,500 Active 88 DOM
-
2026-06-04days on market $99,500 Active 85 DOM
-
2026-06-03days on market $99,500 Active 84 DOM
-
2026-06-02days on market $99,500 Active 83 DOM
-
2026-06-01days on market $99,500 Active 82 DOM
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2026-05-31days on market $99,500 Active 81 DOM
-
2026-03-25price $99,500
-
2025-10-06$105,000 Active
-
2023-07-31soldstatus $110,000
-
2023-07-18soldstatus $110,000 Closed 337-char remark
Show marketing remark (337 chars)
Beautiful 1/1 top-floor (3rd) unit Condo fully remodeled. 55+ Community of Lime Bay, located in the of Tamarac. Very spacious with an open layout and a big master bedroom and bath. That unit also features a storage and a large, screened balcony. Price reduced for quick sale. Cash Preferred!! Hurry sends your best offer it won't last!!!
-
2023-05-25historical Active Under Contract 337-char remark
Show marketing remark (337 chars)
Beautiful 1/1 top-floor (3rd) unit Condo fully remodeled. 55+ Community of Lime Bay, located in the of Tamarac. Very spacious with an open layout and a big master bedroom and bath. That unit also features a storage and a large, screened balcony. Price reduced for quick sale. Cash Preferred!! Hurry sends your best offer it won't last!!!
-
2023-05-17price $110,000 337-char remark
Show marketing remark (337 chars)
Beautiful 1/1 top-floor (3rd) unit Condo fully remodeled. 55+ Community of Lime Bay, located in the of Tamarac. Very spacious with an open layout and a big master bedroom and bath. That unit also features a storage and a large, screened balcony. Price reduced for quick sale. Cash Preferred!! Hurry sends your best offer it won't last!!!
-
2023-04-21price $125,000 337-char remark
Show marketing remark (337 chars)
Beautiful 1/1 top-floor (3rd) unit Condo fully remodeled. 55+ Community of Lime Bay, located in the of Tamarac. Very spacious with an open layout and a big master bedroom and bath. That unit also features a storage and a large, screened balcony. Price reduced for quick sale. Cash Preferred!! Hurry sends your best offer it won't last!!!
-
2023-03-09$135,000 Active 337-char remark
Show marketing remark (337 chars)
Beautiful 1/1 top-floor (3rd) unit Condo fully remodeled. 55+ Community of Lime Bay, located in the of Tamarac. Very spacious with an open layout and a big master bedroom and bath. That unit also features a storage and a large, screened balcony. Price reduced for quick sale. Cash Preferred!! Hurry sends your best offer it won't last!!!
-
2022-05-01status Pending
-
2022-04-26price $140,000
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2022-04-14$100,000 Active
-
1995-02-02soldstatus $18,000
ⓘ 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
- $1,509 · $126/mo
- Projected year-2 tax
- $1,509 · $126/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 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 9/10 Extreme 7 d/yr ≥106°F today · 26 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
- $19,737
- − Mortgage interest
- −$5,574
- − Property taxes
- −$1,509
- − Insurance
- −$498
- − Repairs & maintenance
- −$1,579
- − Management
- −$1,579
- − HOA
- −$5,376
- − Depreciation
- −$2,895
- Taxable income
- $729
- Est. tax owed @ 24.0%
- −$175
- After-tax cash flow
- $1,774/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
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)
- 51,216
- Household income
- $62,066
- Rent vs Own
- Severe rent burden
- 1394.0
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
- Highly diverse neighborhood (Simpson 0.70)
- Race & ethnicity
- Hispanic / Latino 34% White 33% Black 27% Two or more races 20% Asian 3%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 5% Cuban 5% Dominican 3%
- Common ancestry
- Romanian 3% Hispanic 3% Scotch-Irish 2%
- Foreign-born
- 38% · Canada, Jamaica, Dominican Republic
- Languages at home
- 63% English-only · Spanish 29% French/Haitian/Cajun 4% 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
- ▼ -158.63%
- Current HPI
- 362.2989
- Rent YoY
- ▼ -1.86%
- 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
+452.8% since first listed12 events — show timeline
- 2026-03-25 Price Changed $99,500 Beaches MLS
- 2025-10-06 Listed $105,000 Beaches MLS
- 2023-07-31 Sold (Public Records) $110,000 Public Records
- 2023-07-18 Sold (MLS) $110,000 MARMLS
- 2023-05-25 Contingent — MARMLS
- 2023-05-17 Price Changed $110,000 MARMLS
- 2023-04-21 Price Changed $125,000 MARMLS
- 2023-03-09 Listed $135,000 MARMLS
- 2022-05-01 Pending — MARMLS
- 2022-04-26 Price Changed $140,000 MARMLS
- 2022-04-14 Listed $100,000 MARMLS
- 1995-02-02 Sold (Public Records) $18,000 Public Records
Property tax history
+13.2%/yrLatest (2025): $1,509 · +1.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…