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9091 Lime Bay Blvd #312
C Composite 59.25
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

9091 Lime Bay Blvd #312 · Tamarac, FL 33321
1 bd · 1.0 ba · 700 sqft · Condo public records · 99 Days on market
Built 1974 $448/mo HOA · 27% of rent

🖨 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

SCREENED BALCONYEXTRA STORAGE3 POOLSHOT TUBCARD ROOMTENNIS

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

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 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.
Recommended offer $90,545 (9.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1974 — 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. 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?
  8. 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.
  9. 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.
  10. 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

5-year hold
IRR
-10.6%
Equity multiple
0.63×
Total profit
$-10,301
Equity at exit
$14,836
10-year hold
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
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

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

Break-even rent $1,439
Max offer price $99,500
Occupancy floor 85%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $99,500 Active 99 DOM
  2. 2026-06-17
    days on market $99,500 Active 98 DOM
  3. 2026-06-16
    days on market $99,500 Active 97 DOM
  4. 2026-06-15
    days on market $99,500 Active 96 DOM
  5. 2026-06-13
    days on market $99,500 Active 94 DOM
  6. 2026-06-09
    days on market $99,500 Active 90 DOM
  7. 2026-06-07
    days on market $99,500 Active 88 DOM
  8. 2026-06-04
    days on market $99,500 Active 85 DOM
  9. 2026-06-03
    days on market $99,500 Active 84 DOM
  10. 2026-06-02
    days on market $99,500 Active 83 DOM
  11. 2026-06-01
    days on market $99,500 Active 82 DOM
  12. 2026-05-31
    days on market $99,500 Active 81 DOM
  13. 2026-03-25
    price $99,500
  14. 2025-10-06
    listed $105,000 Active
  15. 2023-07-31
    soldstatus $110,000
  16. 2023-07-18
    soldstatus $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!!!

  17. 2023-05-25
    historical 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!!!

  18. 2023-05-17
    price $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!!!

  19. 2023-04-21
    price $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!!!

  20. 2023-03-09
    listed $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!!!

  21. 2022-05-01
    status Pending
  22. 2022-04-26
    price $140,000
  23. 2022-04-14
    listed $100,000 Active
  24. 1995-02-02
    soldstatus $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

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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
combined federal + state — saved on this device
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

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)
51,216
Household income
$62,066
Rent vs Own
22.2% rent · 77.8% 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

Price history

+452.8% since first listed
12 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%/yr

Latest (2025): $1,509 · +1.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…