2751 S Ocean Dr Unit 602s · Hollywood, FL
Flood risk 8/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 104°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 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 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 +11.9/15.0
- Cash flow +5.4/30.0
- Condition / age +4.8/5.0
- Livability +3.8/5.0
- 1% rule +3.7/10.0
- Rent growth +3.2/5.0
- Schools +2.2/10.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$549,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Imagine waking up to the gentle sound of ocean waves and tracking the morning sun across elegant porcelain floors. This beautifully elevated 6th floor residence offers pool and ocean views from every room. Your day begins with a workout in the beachfront gym, a rejuvenating session in the private saunas, or a dip in the heated pools. Spend afternoons with your toes in the sand, enjoying complimentary beach chair and umbrella service just steps from your secure gated entry. Located on the narrow barrier island near vibrant US-1 dining, this 1,360 sq. ft. beach getaway perfectly blends serene resort living with urban convenience. Fully secured building with valet and concierge. Welcome home.
Key facts
- Heated pools
- Pool views
- Ocean views
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $549k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $-2k ($-19k/yr) — negative.
- To cash-flow at today's rent, offer at most $315k (42.6% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $477k (13.1% below list).
- Recommended offer: $315k (42.6% below list) — sets the bar for cash-flow.
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.
- Zoned schools: Hollywood Central Elementary School (math 22% / reading 32%, grade F, #1,969 of 2,144 statewide, top 94%, 351 students, 68% FRL); Olsen Middle School (math 18% / reading 24%, grade F, #555 of 571 statewide, top 97%, 633 students, 73% FRL); Hallandale High School (math 10% / reading 24%, grade F, #597 of 667 statewide, top 90%, 1,104 students, 70% FRL) — zoned schools average 70% FRL vs 51% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 22% at this address vs 48% district-wide (-26 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 (+2.9%/yr); 1086 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); 68% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
- At $4,772/mo this rent would consume 59% of the median local household income ($96k/yr) — 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 $4k of loan paydown is wiped out by about $16k 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 114 days — a 9% lower offer ($500k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; HOA is 24% of rent.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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
- 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 114 days. Have you received any prior offers? Is the seller open to a 43% concession, seller financing, or rate buy-down credit?
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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
- 0.87% ✗
- Cap rate
- 3.70%
- Cash-on-cash
- -9.28%
- DSCR
- 0.59
- GRM
- 9.6
CMA / ARV
- ARV (median comp)
- $609,007
- List price
- $549,000
- Delta
- -9.85%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 500 Three Islands Blvd #408 | 0.61mi | 2/2.0 | 1,400 (+3%) | 0mo | $220,000 | $157 | 66 |
| 2049 S Ocean Dr #701 | 1.21mi | 2/2.0 | 1,360 (0%) | 0mo | $625,000 | $460 | 65 |
| 3000 S Ocean Dr #1006 | 0.10mi | 1/1.5 (-1) | 1,021 (-25%) | 0mo | $295,000 | $289 | 63 |
| 1246 Adams St | 1.11mi | 2/2.0 | 1,329 (-2%) | 0mo | $725,000 | $546 | 61 |
| 1301 NE 7th St #415 | 1.13mi | 2/2.0 | 1,260 (-7%) | 0mo | $275,000 | $218 | 52 |
| 701 Three Islands Blvd #510 | 0.66mi | 2/2.0 | 1,210 (-11%) | 0mo | $225,000 | $186 | 51 |
| 1431 Fletcher St | 1.17mi | 3/3.0 (+1) | 1,314 (-3%) | 0mo | $510,000 | $388 | 50 |
| 4111 S Ocean Dr #2302 | 0.61mi | 2/2.0 | 1,145 (-16%) | 0mo | $990,000 | $865 | 46 |
| 2600 E Hallandale Beach Blvd Unit T3205 | 0.74mi | 2/2.0 | 1,020 (-25%) | 0mo | $520,000 | $510 | 40 |
| 300 NE 14th Ave #501 | 1.11mi | 2/2.0 | 1,100 (-19%) | 0mo | $185,000 | $168 | 40 |
| 1830 S Ocean Dr #4404 | 0.74mi | 3/3.0 (+1) | 1,675 (+23%) | 0mo | $1,400,000 | $836 | 31 |
| 1850 S Ocean Dr #408 | 0.78mi | 3/3.0 (+1) | 1,571 (+16%) | 0mo | $675,000 | $430 | 31 |
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 · 2.92% rent growth · sell at horizon
- IRR
- -39.5%
- Equity multiple
- -0.24×
- Total profit
- $-191,143
- Equity at exit
- $81,858
- IRR
- -60.3%
- Equity multiple
- -0.93×
- Total profit
- $-296,185
- Equity at exit
- $47,467
Cash invested: $153,720 (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
Active competition Active MLS
- For sale now
- 28 active · 26 under contract
- Median asking
- $399,000 ($316/sqft)
- Median days on market
- 192 d
- This list price
- 82% of active listings are priced below it
- ARV vs active asking
- +41.6% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33019
- Rents YoY
- 2.9%
- Active inventory
- 1086
- Price-to-rent
- 9.6×
Monthly cashflow live
- Estimated rent
- $4,772 high interval (Pro) →
- Mortgage (P&I)
- −$2,879
- Tax est. 1.5%
- −$686 /mo · $8,235/yr
- Insurance
- −$229
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$1,164
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$1,002
- Net cashflow
- $-1,615
Break-even live
Sensitivity live
| Price | -10% $-1,235 | -5% $-1,425 | +0% $-1,615 | +5% $-1,804 | +10% $-1,994 |
|---|---|---|---|---|---|
| Rent | -10% $-1,992 | -5% $-1,803 | +0% $-1,615 | +5% $-1,426 | +10% $-1,238 |
| Rate | -1.0pp $-1,338 | -0.5pp $-1,475 | base $-1,615 | +0.5pp $-1,757 | +1.0pp $-1,902 |
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
- $137,250
- Closing costs
- $16,470
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2751 S Ocean Dr Unit 1706S Hollywood, FL | 2.0 | 2.0 | 1360 | $5,000 | $3.68 | 120d | 1 | 0.04mi |
| 2751 S Ocean Dr Unit 301S Hollywood, FL | 2.0 | 2.0 | 1768 | $5,700 | $3.22 | 51d | 1 | 0.04mi |
| 2751 S Ocean Dr Unit 1706S Hollywood, FL | 2.0 | 2.0 | 1360 | $4,800 | $3.53 | 82d | 1 | 0.04mi |
| 2751 S Ocean Dr Unit 1204S Hollywood, FL | 3.0 | 2.0 | 1768 | $5,700 | $3.22 | 11d | 1 | 0.04mi |
| 2751 S Ocean Dr Hollywood, FL | 3.0 | 2.0 | 1868 | $5,300 | $2.84 | 62d | 1 | 0.04mi |
| 2751 S Ocean Dr Hollywood, FL | 3.0 | 2.5 | 1868 | $5,300 | $2.84 | 45d | 1 | 0.04mi |
| 2751 S Ocean Dr Unit 1705 Hollywood, FL | 2.0 | 2.0 | 1360 | $5,000 | $3.68 | 103d | 1 | 0.04mi |
| 2751 S Ocean Dr Unit 508S Hollywood, FL | 3.0 | 2.5 | 1868 | $5,300 | $2.84 | 113d | 1 | 0.04mi |
| 2751 S Ocean Dr Unit 508S Hollywood, FL | 3.0 | 2.5 | 1868 | $5,300 | $2.84 | 103d | 1 | 0.04mi |
| 2751 S Ocean Dr Unit 406S Hollywood, FL | 2.0 | 2.0 | 1360 | $4,500 | $3.31 | 19d | 1 | 0.04mi |
| 2501 S Ocean Dr Unit 1535(AvailableSept 01 Hollywood, FL | 2.0 | 2.0 | 1198 | $3,800 | $3.17 | 26d | 1 | 0.08mi |
| 2501 S Ocean Dr Unit 1511 (available Dec 1) Hollywood, FL | 2.0 | 2.0 | 1198 | $6,000 | $5.01 | 2d | 1 | 0.08mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,850 | $6.02 | 2d | 7 | 0.09mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,800 | $5.97 | 110d | 7 | 0.09mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,850 | $6.02 | 11d | 6 | 0.09mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,800 | $5.97 | 115d | 8 | 0.09mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,400 | $5.56 | 88d | 7 | 0.09mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $4,600 | $4.73 | 18d | 5 | 0.09mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,400 | $5.56 | 88d | 6 | 0.09mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,400 | $5.56 | 48d | 7 | 0.09mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $5,800 | $5.97 | 106d | 6 | 0.09mi |
| 2501 S Ocean Dr Hollywood, FL | 1.0–2.0 | 1.0–2.0 | 971 | $4,600 | $4.73 | 26d | 6 | 0.09mi |
| 3001 S Ocean Dr #1211 Hollywood, FL | 2.0 | 2.0 | 1208 | $4,750 | $3.93 | 120d | 1 | 0.09mi |
| 3001 S Ocean Dr #1211 Hollywood, FL | 2.0 | 2.0 | 1208 | $4,750 | $3.93 | 103d | 1 | 0.09mi |
| 2301 S Ocean Dr #2507 Hollywood, FL | 2.0 | 2.0 | 1240 | $4,300 | $3.47 | 120d | 1 | 0.15mi |
| 2301 S Ocean Dr #2507 Hollywood, FL | 2.0 | 2.0 | 1240 | $3,975 | $3.21 | 85d | 1 | 0.15mi |
| 2301 S Ocean Dr #607 Hollywood, FL | 2.0 | 2.0 | 1240 | $3,800 | $3.06 | 89d | 1 | 0.15mi |
| 2301 S Ocean Dr #2507 Hollywood, FL | 2.0 | 2.0 | 1240 | $3,780 | $3.05 | 7d | 1 | 0.15mi |
| 2301 S Ocean Dr #1104 Hollywood, FL | 2.0 | 2.0 | 1070 | $3,600 | $3.36 | 56d | 1 | 0.15mi |
| 2301 S Ocean Dr #2003 Hollywood, FL | 2.0 | 2.0 | 1400 | $5,500 | $3.93 | 120d | 1 | 0.15mi |
| 2301 S Ocean Dr #1404 Hollywood, FL | 2.0 | 2.0 | 1070 | $3,600 | $3.36 | 76d | 1 | 0.15mi |
| 2301 S Ocean Dr #607 Hollywood, FL | 2.0 | 2.0 | 1240 | $4,000 | $3.23 | 120d | 1 | 0.15mi |
| 2301 S Ocean Dr #2003 Hollywood, FL | 2.0 | 2.0 | 1400 | $5,500 | $3.93 | 0d | 1 | 0.15mi |
| 3101 S Ocean Dr #1504 Hollywood, FL | 2.0 | 2.5 | 1733 | $7,500 | $4.33 | 120d | 1 | 0.16mi |
| 3101 S Ocean Dr Hollywood, FL | 2.0 | 2.0 | 1733 | $7,000 | $4.04 | 34d | 1 | 0.16mi |
| 3101 S Ocean Dr #1904 Hollywood, FL | 2.0 | 2.5 | 1733 | $5,500 | $3.17 | 117d | 1 | 0.16mi |
| 3101 S Ocean Dr #2003 Hollywood, FL | 2.0 | 2.5 | 1733 | $7,500 | $4.33 | 7d | 1 | 0.16mi |
| 3101 S Ocean Dr #404 Hollywood, FL | 2.0 | 2.5 | 1733 | $7,000 | $4.04 | 25d | 1 | 0.16mi |
| 3101 S Ocean Dr #1904 Hollywood, FL | 2.0 | 2.5 | 1733 | $5,000 | $2.89 | 60d | 1 | 0.16mi |
| 2401 S Ocean Dr Unit CU-507 Hollywood, FL | 2.0 | 2.0 | 1240 | $3,800 | $3.06 | 19d | 1 | 0.17mi |
Property features AI
Finance
- Other
- No pets allowedLand is not leased
- HOA & community
- Association: Aquarius Condominium Assoc., Inc.Monthly association fee (includes cable TV, insurance, internet, pest control, security, sewer, trash, water, common areas, elevator, recreation facility, pool service)Association amenities: beach access, heated pool, fitness center, sauna, spa/hot tub, billiard/game rooms, cafe/restaurant, library, community room, storage, parking, elevator(s), management, lobby, maintained community, internet included, security
Exterior
- Parking
- Assigned covered parkingAttached 1-car garageValet parking availableSecured garage/parking
- Security
- Building security with security guardClosed-circuit camerasFire alarm and fire sprinkler systemSecured elevator/lobby (attended)Manager on site
- Utilities
- Public waterPublic sewerCable availableWater and sewer available
- Home design
- Condominium unit in an 18-story building (AQUARIUS)One-level livingFaces westResale propertyCity street frontage, east of US-1
- Construction
- CBS (concrete block with stucco) constructionBuilt-up / concrete / flat roofConcrete perimeter foundation with pilingsBuilding area reported as 1,360
- Exterior features
- Direct oceanfront on the sandDeeded beach accessOcean access with no fixed bridge
Interior
- Kitchen
- DishwasherMicrowaveRefrigerator
- Bedrooms
- 2 main-level bedrooms
- Flooring
- CarpetCeramic tile
- Bathrooms
- 2 full bathrooms (main level)
- Heating & cooling
- Central heatingCentral air
- Interior features
- Entrance foyerWalk-in closetsSplit bedroom layoutCustom mirrorsRoman tub
- Laundry & utility
- In-unit laundry with sink (inside)
HOA detail $1,164/mo · $13,968/yr condo
- Likely covers
- poolgymdoormansecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $549,000 Active 114 DOM
-
2026-09-22days on market $549,000 Active 113 DOM
-
2026-09-21days on market $549,000 Active 112 DOM
-
2026-09-20days on market $549,000 Active 111 DOM
-
2026-09-18days on market $549,000 Active 109 DOM
-
2026-09-17days on market $549,000 Active 108 DOM
-
2026-09-16days on market $549,000 Active 107 DOM
-
2026-09-15days on market $549,000 Active 106 DOM
-
2026-09-14days on market $549,000 Active 105 DOM
-
2026-09-13days on market $549,000 Active 104 DOM
-
2026-09-12days on market $549,000 Active 103 DOM
-
2026-09-11days on market $549,000 Active 102 DOM
-
2026-09-05days on market $549,000 Active 96 DOM
-
2026-09-04days on market $549,000 Active 95 DOM
-
2026-09-03days on market $549,000 Active 94 DOM
-
2026-08-31days on market $549,000 Active 91 DOM
-
2026-08-29days on market $549,000 Active 89 DOM
-
2026-08-28days on market $549,000 Active 88 DOM
-
2026-08-27days on market $549,000 Active 87 DOM
-
2026-08-25days on market $549,000 Active 85 DOM
-
2026-08-24days on market $549,000 Active 84 DOM
-
2026-08-23days on market $549,000 Active 83 DOM
-
2026-08-22days on market $549,000 Active 82 DOM
-
2026-08-21days on market $549,000 Active 81 DOM
-
2026-08-20price $549,000 Active 80 DOM
-
2026-08-20days on market $580,000 Active 80 DOM
-
2026-08-19days on market $580,000 Active 79 DOM
-
2026-08-18days on market $580,000 Active 78 DOM
-
2026-08-17days on market $580,000 Active 77 DOM
-
2026-08-16days on market $580,000 Active 76 DOM
-
2026-08-15days on market $580,000 Active 75 DOM
-
2026-08-14days on market $580,000 Active 74 DOM
-
2026-08-13days on market $580,000 Active 73 DOM
-
2026-08-12days on market $580,000 Active 72 DOM
-
2026-08-11days on market $580,000 Active 71 DOM
-
2026-08-10days on market $580,000 Active 70 DOM
-
2026-08-09days on market $580,000 Active 69 DOM
-
2026-08-08days on market $580,000 Active 68 DOM
-
2026-08-06days on market $580,000 Active 66 DOM
-
2026-08-05days on market $580,000 Active 65 DOM
-
2026-08-03days on market $580,000 Active 63 DOM
-
2026-07-31days on market $580,000 Active 60 DOM
-
2026-07-28days on market $580,000 Active 57 DOM
-
2026-07-26days on market $580,000 Active 55 DOM
-
2026-07-24days on market $580,000 Active 53 DOM
-
2026-07-23days on market $580,000 Active 52 DOM
-
2026-07-22days on market $580,000 Active 51 DOM
-
2026-07-21days on market $580,000 Active 50 DOM
-
2026-07-20days on market $580,000 Active 49 DOM
-
2026-07-18days on market $580,000 Active 46 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 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥104°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 1 unhealthy d/yr today · 2 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
- $57,262
- − Mortgage interest
- −$30,753
- − Property taxes
- −$8,235
- − Insurance
- −$7,864
- − Repairs & maintenance
- −$4,581
- − Management
- −$4,581
- − HOA
- −$13,968
- − Depreciation
- −$15,971
- Taxable loss
- −$28,690
- Est. tax savings @ 24.0%
- +$6,886
- After-tax cash flow
- $-12,492/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 · 12 photos
This stunning 6th floor beachfront condo is move-in ready with breathtaking ocean views and top-notch amenities. Minor updates to lighting and smart home features would further enhance its appeal.
Value-add opportunities
- Both Upgrade lighting fixtures in common areas — Modernize and enhance ambiance ↑
- Both Add smart home features for convenience — Improve functionality and appeal ↑
- Both Install smart thermostat for energy efficiency — Reduce utility costs and enhance comfort ↑
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hollywood, FL
- County
- Broward County · 2,207,033 people
- City population
- 109,079
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 14,293
- Household income
- $96,497
- Rent vs Own
- Severe rent burden
- 12% 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
- Majority White (61%)
- Race & ethnicity
- White 61% Hispanic / Latino 32% Two or more races 25% Black 2%
- Hispanic origin (detail)
- Puerto Rican 2% Cuban 6% Salvadoran 2%
- Common ancestry
- Scotch-Irish 7% Romanian 4% Lithuanian 4%
- Foreign-born
- 43% · Canada, Jamaica, Dominican Republic
- Languages at home
- 53% English-only · Spanish 30% Russian/Polish/Slavic 6% 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
- ▼ -434.82%
- Current HPI
- 307.2922
- Rent YoY
- ▲ 2.92%
- 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
- 2026-06-01 Listed $590,000 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…