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2300 Park Ln #105
D Composite 41.74
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).

  • 1% rule +9.5/10.0
  • Cash flow +8.8/30.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • Rent growth +3.1/5.0
  • Condition / age +2.5/5.0
  • DSCR +2.4/10.0
  • Appreciation +0.0/10.0

$119,500

2300 Park Ln #105 · Hollywood, FL 33021
1 bd · 1.0 ba · 710 sqft · Condo public records · 299 Days on market
Built 1969 $550/mo HOA · 32% of rent

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

Listing remarks MLS

Property is at Auction, all Auction terms apply. OVER 55 COMMUNITY. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. SOLD "AS IS" CONDITION. NO SURVEY/DISCLOSURES. PROOF OF FUND/ PRE-APPROVAL MUST ACCOMPANY ALL OFFERS. ADDENDUM REQUIRED AFTER ACCEPTANCE. EM MUST BE CERT FUNDS. ROOMS, LOT SZE/DETAILS NOT GRNTD. Auction begins 6/6, ends 6/9.

Key facts

  • Screened balcony
  • Community dock
  • Across from t y park

Tags

SCREENED BALCONYCOMMUNITY DOCKWALKING PATHSRESORT-STYLE AMENITIESACROSS FROM T Y PARK

Property features AI

Finance

  • Financial info: Pets not allowed
  • HOA & community: Monthly association fee; Association fee covers amenities, structure maintenance, sewer, trash, and water; Community amenities include clubhouse, fitness center, barbecue, picnic area, and trails; Senior community

Exterior

  • Parking: Detached garage; One covered garage space; Open parking available
  • Utilities: Cable available
  • Home design: Attached property; One-story entry; Faces northeast; Resale unit
  • Construction: Block construction; 3 total stories in building
  • Exterior features: Balcony; Courtyard; Open screened porch/balcony

Interior

  • Kitchen: Dishwasher; Electric range; Refrigerator
  • Bedrooms: Bedroom on main level
  • Flooring: Tile
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating (electric); Central air conditioning (electric)
  • Interior features: First-floor entry; Main living area on entry level; Living/dining room; Tub/shower; Walk-in closet(s); Unfurnished; Metal and single-hung windows; Tile flooring
  • Laundry & utility: 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 1-bed/1.0-bath condo listed at $120k.

Deal economics

  • At list price, monthly cash flow is $-97 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $102k (14.4% below list).
  • Meets the 1% rule at list price ($2k rent vs $120k).
  • Recommended offer: $102k (14.4% below list) — sets the bar for cash-flow.
  • Cap rate 5.3% 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.
  • Market conditions: Rents rising (+2.4%/yr); 529 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $826 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 299 days — a 12% lower offer ($105k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 12y 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 $34k; list at $120k implies a 251% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 32% 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 $102,293 (14.4% 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 299 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
  3. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. 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?
  9. 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.
  10. 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.
  11. 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
1.45%
Cap rate
5.31%
Cash-on-cash
-3.49%
DSCR
0.84
GRM
5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.41% rent growth · sell at horizon

5-year hold
IRR
-22.9%
Equity multiple
0.22×
Total profit
$-26,170
Equity at exit
$17,818
10-year hold
IRR
-19.1%
Equity multiple
0.01×
Total profit
$-33,217
Equity at exit
$10,332

Cash invested: $33,460 (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 33021

Rents YoY
2.4%
Active inventory
529
Price-to-rent
5.8×

Monthly cashflow live

Estimated rent
$1,728 high interval (Pro) →
Mortgage (P&I)
$627
Tax from tax record
$236 /mo · $2,830/yr
Insurance
$50
HOA
$550
Vacancy / Maint / Mgmt
$363
Net cashflow
$-97

Break-even live

Break-even rent $1,851
Max offer price $102,293
Occupancy floor

Sensitivity live

Price -10% $-30 -5% $-64 +0% $-97 +5% $-131 +10% $-165
Rent -10% $-234 -5% $-166 +0% $-97 +5% $-29 +10% $39
Rate -1.0pp $-37 -0.5pp $-67 base $-97 +0.5pp $-128 +1.0pp $-160

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
$29,875
Closing costs
$3,585
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
2200 Park Ln #109 Hollywood, FL 1.0 1.5 727 $1,650 $2.27 3d 1 0.07mi
2223 Park Ln #306 Hollywood, FL 1.0 1.0 703 $1,825 $2.60 25d 1 0.11mi
2619 Arthur St Unit 3 Hollywood, FL 1.0 1.0 450 $1,280 $2.84 25d 1 1.13mi
2526 McKinley St Unit C Hollywood, FL 1.0 350 $1,300 $3.71 3d 1 1.17mi
2526 McKinley St Unit 1 Hollywood, FL 1.0 350 $1,300 $3.71 14d 1 1.17mi
2443 Cleveland St Unit 2 Hollywood, FL 1.0 1.0 600 $1,500 $2.50 25d 1 1.27mi
2910 Pierce St Unit P102 Hollywood, FL 1.0 1.0 700 $1,595 $2.28 25d 1 1.28mi
2847 Fillmore St Hollywood, FL 1.0 1.0 700 $1,600 $2.29 3d 1 1.29mi
2843 Fillmore St Hollywood, FL 1.0–2.0 1.0 800 $1,595 $1.99 25d 1 1.30mi
3525 Polk St #7 Hollywood, FL 1.0 1.0 700 $1,600 $2.29 25d 1 1.36mi
2830 Fillmore St Unit 5 Hollywood, FL 1.0 1.0 700 $1,450 $2.07 25d 1 1.37mi
2830 Fillmore St Unit 2 Hollywood, FL 1.0 1.0 750 $1,450 $1.93 8d 1 1.37mi
1521 N 23rd Ave Hollywood, FL 2.0 2.0 750 $2,000 $2.67 25d 1 1.45mi
2840 Taylor St #28 Hollywood, FL 1.0 1.0 560 $1,800 $3.21 25d 1 1.45mi
2520 Stirling Rd Unit 311 Hollywood, FL 1.0 350 $1,400 $4.00 25d 1 1.46mi
2806 Taylor St Apt C Hollywood, FL 2.0 2.0 650 $2,295 $3.53 8d 1 1.47mi
2806 Taylor St Apt C Hollywood, FL 2.0 2.0 650 $2,295 $3.53 25d 1 1.47mi
2806 Taylor St Hollywood, FL 1.0 450 $1,449 $3.22 8d 1 1.47mi

HOA detail condo

Monthly dues
$550 · $6,600/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 30 events

  1. 2026-06-18
    days on market $119,500 Active 299 DOM
  2. 2026-06-17
    days on market $119,500 Active 298 DOM
  3. 2026-06-16
    days on market $119,500 Active 297 DOM
  4. 2026-06-15
    days on market $119,500 Active 296 DOM
  5. 2026-06-13
    days on market $119,500 Active 294 DOM
  6. 2026-06-09
    days on market $119,500 Active 290 DOM
  7. 2026-06-07
    days on market $119,500 Active 288 DOM
  8. 2026-06-04
    days on market $119,500 Active 285 DOM
  9. 2026-06-03
    days on market $119,500 Active 284 DOM
  10. 2026-06-02
    days on market $119,500 Active 283 DOM
  11. 2026-06-01
    days on market $119,500 Active 282 DOM
  12. 2026-05-31
    days on market $119,500 Active 281 DOM
  13. 2026-04-23
    price $119,500
  14. 2025-08-23
    listed $124,900 Active
  15. 2025-06-05
    historical
  16. 2024-08-16
    price $149,988
  17. 2024-05-20
    listed $159,988 Active
  18. 2023-08-30
    historical $1,400
  19. 2023-08-24
    listed $1,400
  20. 2015-07-21
    soldstatus $34,000 Sold 507-char remark
    Show marketing remark (507 chars)

    Property is at Auction, all Auction terms apply. OVER 55 COMMUNITY. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. SOLD "AS IS" CONDITION. NO SURVEY/DISCLOSURES. PROOF OF FUND/ PRE-APPROVAL MUST ACCOMPANY ALL OFFERS. ADDENDUM REQUIRED AFTER ACCEPTANCE. EM MUST BE CERT FUNDS. ROOMS, LOT SZE/DETAILS NOT GRNTD. Auction begins 6/6, ends 6/9.

  21. 2015-06-17
    status Pending 507-char remark
    Show marketing remark (507 chars)

    Property is at Auction, all Auction terms apply. OVER 55 COMMUNITY. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. SOLD "AS IS" CONDITION. NO SURVEY/DISCLOSURES. PROOF OF FUND/ PRE-APPROVAL MUST ACCOMPANY ALL OFFERS. ADDENDUM REQUIRED AFTER ACCEPTANCE. EM MUST BE CERT FUNDS. ROOMS, LOT SZE/DETAILS NOT GRNTD. Auction begins 6/6, ends 6/9.

  22. 2015-05-13
    price $41,100 507-char remark
    Show marketing remark (507 chars)

    Property is at Auction, all Auction terms apply. OVER 55 COMMUNITY. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. SOLD "AS IS" CONDITION. NO SURVEY/DISCLOSURES. PROOF OF FUND/ PRE-APPROVAL MUST ACCOMPANY ALL OFFERS. ADDENDUM REQUIRED AFTER ACCEPTANCE. EM MUST BE CERT FUNDS. ROOMS, LOT SZE/DETAILS NOT GRNTD. Auction begins 6/6, ends 6/9.

  23. 2015-05-12
    status Active 507-char remark
    Show marketing remark (507 chars)

    Property is at Auction, all Auction terms apply. OVER 55 COMMUNITY. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. SOLD "AS IS" CONDITION. NO SURVEY/DISCLOSURES. PROOF OF FUND/ PRE-APPROVAL MUST ACCOMPANY ALL OFFERS. ADDENDUM REQUIRED AFTER ACCEPTANCE. EM MUST BE CERT FUNDS. ROOMS, LOT SZE/DETAILS NOT GRNTD. Auction begins 6/6, ends 6/9.

  24. 2015-02-18
    historical 507-char remark
    Show marketing remark (507 chars)

    Property is at Auction, all Auction terms apply. OVER 55 COMMUNITY. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. SOLD "AS IS" CONDITION. NO SURVEY/DISCLOSURES. PROOF OF FUND/ PRE-APPROVAL MUST ACCOMPANY ALL OFFERS. ADDENDUM REQUIRED AFTER ACCEPTANCE. EM MUST BE CERT FUNDS. ROOMS, LOT SZE/DETAILS NOT GRNTD. Auction begins 6/6, ends 6/9.

  25. 2014-10-28
    status Active 507-char remark
    Show marketing remark (507 chars)

    Property is at Auction, all Auction terms apply. OVER 55 COMMUNITY. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. SOLD "AS IS" CONDITION. NO SURVEY/DISCLOSURES. PROOF OF FUND/ PRE-APPROVAL MUST ACCOMPANY ALL OFFERS. ADDENDUM REQUIRED AFTER ACCEPTANCE. EM MUST BE CERT FUNDS. ROOMS, LOT SZE/DETAILS NOT GRNTD. Auction begins 6/6, ends 6/9.

  26. 2014-09-22
    status Pending 507-char remark
    Show marketing remark (507 chars)

    Property is at Auction, all Auction terms apply. OVER 55 COMMUNITY. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. SOLD "AS IS" CONDITION. NO SURVEY/DISCLOSURES. PROOF OF FUND/ PRE-APPROVAL MUST ACCOMPANY ALL OFFERS. ADDENDUM REQUIRED AFTER ACCEPTANCE. EM MUST BE CERT FUNDS. ROOMS, LOT SZE/DETAILS NOT GRNTD. Auction begins 6/6, ends 6/9.

  27. 2014-08-25
    listed $46,100 Active 507-char remark
    Show marketing remark (507 chars)

    Property is at Auction, all Auction terms apply. OVER 55 COMMUNITY. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. SOLD "AS IS" CONDITION. NO SURVEY/DISCLOSURES. PROOF OF FUND/ PRE-APPROVAL MUST ACCOMPANY ALL OFFERS. ADDENDUM REQUIRED AFTER ACCEPTANCE. EM MUST BE CERT FUNDS. ROOMS, LOT SZE/DETAILS NOT GRNTD. Auction begins 6/6, ends 6/9.

  28. 2006-11-22
    soldstatus $95,000
  29. 1994-04-22
    soldstatus $38,500
  30. 1978-07-01
    soldstatus $22,000

ⓘ 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
$2,830 · $236/mo
Projected year-2 tax
$2,830 · $236/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 3/10 Moderate FEMA zone X (shaded) · 12% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 26 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 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
$20,732
− Mortgage interest
−$6,694
− Property taxes
−$2,830
− Insurance
−$598
− Repairs & maintenance
−$1,659
− Management
−$1,659
− HOA
−$6,600
− Depreciation
−$3,476
Taxable loss
−$2,782
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$668
After-tax cash flow
$-501/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)
48,464
Household income
$71,318
Rent vs Own
32.1% rent · 67.9% own
Severe rent burden
2151.0

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
White 45% Hispanic / Latino 37% Two or more races 17% Black 13% Asian 3%
Hispanic origin (detail)
Puerto Rican 5% Cuban 10% Dominican 2%
Common ancestry
Romanian 3% Scotch-Irish 2% Hispanic 2%
Foreign-born
35% · Canada, Jamaica, Dominican Republic
Languages at home
53% English-only · Spanish 33% French/Haitian/Cajun 4% Russian/Polish/Slavic 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
▼ -404.28%
Current HPI
429.7129
Rent YoY
▲ 2.41%
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

+443.2% since first listed
18 events — show timeline
  • 2026-04-23 Price Changed $119,500 MARMLS
  • 2025-08-23 Listed $124,900 MARMLS
  • 2025-06-05 Listing Removed MARMLS
  • 2024-08-16 Price Changed $149,988 MARMLS
  • 2024-05-20 Listed $159,988 MARMLS
  • 2023-08-30 Rental Removed $1,400 MARMLS
  • 2023-08-24 Listed for Rent $1,400 MARMLS
  • 2015-07-21 Sold (MLS) $34,000 MARMLS
  • 2015-06-17 Pending MARMLS
  • 2015-05-13 Price Changed $41,100 MARMLS
  • 2015-05-12 Relisted MARMLS
  • 2015-02-18 Listing Removed MARMLS
  • 2014-10-28 Relisted MARMLS
  • 2014-09-22 Pending MARMLS
  • 2014-08-25 Listed $46,100 MARMLS
  • 2006-11-22 Sold (Public Records) $95,000 Public Records
  • 1994-04-22 Sold (Public Records) $38,500 Public Records
  • 1978-07-01 Sold (Public Records) $22,000 Public Records

Property tax history

+21.2%/yr

Latest (2025): $2,830 · +2.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…