9281 Sunrise Lakes Blvd #212 · Sunrise, FL 33322

$119,400

2 bd · 2.0 ba · 850 sqft · Condo public records · 99 Days on market

Built 1978 $727/mo HOA · 35% of rent

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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 +22.0/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• Livability +4.2/5.0
• Schools +4.1/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Casual elegance and flawless finishing is reflected in this stunning remodel in Sunrise Lakes Phase III. This gorgeous 2nd floor 2 bedroom 2 bath unit is designed for the buyer who enjoys functional design and originality. Looking for some serenity after a day of golf, shopping or work. .. enjoy golf and water views from your private patio and relaxing master retreat with spa-like bathroom. No equity buy-in required for golf. Amenities include main clubhouse and additional satellite pools throughout the community, indoor heated pool and Jacuzzi, racquet ball, tennis, pickle ball, billiards, entertainment and so much more!

Key facts

• Newer flooring
• Remodeled kitchen
• Fully enclosed patio

Tags

• FULLY ENCLOSED PATIO
• IMPACT WINDOWS
• REMODELED KITCHEN
• REMODELED BATHROOMS
• STAINLESS STEEL APPLIANCES
• NEWER FLOORING

Property features AI

Finance

• Financial info: No land lease; Pets allowed with breed restrictions
• HOA & community: Has association; Monthly HOA fee; Association amenities include billiard room, clubhouse, fitness center, picnic area, parking, sauna, storage, business center, community room, maintenance; HOA covers insurance, grounds and structure maintenance, sewer, water, common areas, elevator, recreation facilities, and pool service

Exterior

• Parking: Guest parking
• Security: Other security features
• Utilities: Cable available
• Home design: Condominium; Resale condition; Second-floor entry; 4-story building
• Construction: CBS construction
• Exterior features: Deck; Fruit trees on the property; Waterfront: Yes (no specific waterfront features listed)

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Garbage disposal
• Bedrooms: 2 bedrooms (main level)
• Flooring: Tile; Other
• Bathrooms: 2 full bathrooms (main level)
• Heating & cooling: Central heating; Central air conditioning; Ceiling fan(s)
• Interior features: Disposal; Dishwasher; Electric range; Microwave; Refrigerator

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $119k.

Deal economics

• At list price, monthly cash flow is $190 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $119k).
• Recommended offer: $109k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 4.9% in Sunrise — 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 83/100 on livability (#56 in FL, #986 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: employment C-, amenities 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.
• Market conditions: Rents flat; 559 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 35% of the median local income ($72k/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 $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 99 days — a 9% lower offer ($109k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y 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 $100k; 19% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 35% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 5→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $108,654 (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 1978 — 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. 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.
8. 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.
9. 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: 1.76% ✓
• Cap rate: 8.20%
• Cash-on-cash: 6.80%
• DSCR: 1.30
• GRM: 4.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.6% rent growth · sell at horizon

5-year hold

• IRR: -10.1%
• Equity multiple: 0.65×
• Total profit: $-11,814
• Equity at exit: $17,803

10-year hold

• IRR: -7.1%
• Equity multiple: 0.63×
• Total profit: $-12,420
• Equity at exit: $10,324

Cash invested: $33,432 (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.

Methodology + full state rankings →

ZIP-level market 33322

• Home prices YoY: -33.3%
• Rents YoY: 0.6%
• Active inventory: 559
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $2,106 high
• Mortgage (P&I): −$626
• Tax from tax record: −$71 /mo · $855/yr
• Insurance: −$50
• HOA: −$727
• Vacancy / Maint / Mgmt: −$442
• Net cashflow: $190

Break-even live

Break-even rent $1,866

Max offer price $119,400

Occupancy floor 86%

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: $29,850
• Closing costs: $3,582
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8595 Sunrise Lakes Blvd #307 Sunrise, FL	1.0	1.0	640	$1,400	$2.19	1d	1	0.32mi
8595 Sunrise Lakes Blvd #207 Sunrise, FL	1.0	1.0	640	$1,700	$2.66	24d	1	0.32mi
8590 Sunrise Lakes Blvd #106 Sunrise, FL	1.0	1.0	640	$1,475	$2.30	24d	1	0.32mi
8595 Sunrise Lakes Blvd Sunrise, FL	1.0	1.0	640	$1,550	$2.42	20d	2	0.33mi
9100 NW 26th Pl Sunrise, FL	3.0	2.0	1047	$2,995	$2.86	21d	1	0.36mi
9100 NW 26th Pl Sunrise, FL	2.0	2.0	1047	$2,995	$2.86	24d	1	0.36mi
8500 Sunrise Lakes Blvd #111 Sunrise, FL	2.0	2.0	850	$1,850	$2.18	10d	1	0.37mi
8500 Sunrise Lakes Blvd #111 Sunrise, FL	2.0	2.0	850	$1,850	$2.18	14d	1	0.37mi
3100 N Pine Island Rd Sunrise, FL	1.0–2.0	1.5–2.0	1002	$2,300	$2.29	24d	2	0.38mi
8465 Sunrise Lakes Blvd #106 Sunrise, FL	1.0	1.0	640	$1,450	$2.27	24d	1	0.42mi
8400 Sunrise Lakes Blvd #106 Sunrise, FL	1.0	1.0	640	$1,400	$2.19	7d	1	0.48mi
8400 Sunrise Lakes Blvd #106 Sunrise, FL	1.0	1.0	640	$1,400	$2.19	24d	1	0.48mi
8350 Sunrise Lakes Blvd #204 Sunrise, FL	2.0	2.0	850	$1,600	$1.88	24d	1	0.50mi
3598 NW 91st Ln #3598 Sunrise, FL	2.0	2.0	886	$1,895	$2.14	24d	1	0.50mi
3531 NW 94th Ave Unit 6B Sunrise, FL	2.0	2.0	925	$1,925	$2.08	14d	1	0.50mi
3624 NW 91st Ln #3624 Sunrise, FL	2.0	2.0	886	$2,000	$2.26	4d	1	0.54mi
3562 NW 91st Ln #3562 Sunrise, FL	2.0	2.0	886	$1,900	$2.14	24d	1	0.54mi
3432 NW 86th Way Unit D204 Sunrise, FL	2.0	2.0	1040	$1,900	$1.83	24d	1	0.54mi
9999 Summerbreeze Dr Sunrise, FL	1.0–2.0	1.0–2.0	889	$2,200	$2.47	1d	8	0.55mi
9999 Summerbreeze Dr Sunrise, FL	1.0–2.0	1.0–2.0	889	$2,200	$2.47	18d	6	0.55mi
9999 Summerbreeze Dr Sunrise, FL	1.0–2.0	1.0–2.0	889	$2,200	$2.47	4d	9	0.55mi
9999 Summerbreeze Dr Sunrise, FL	1.0–2.0	1.0–2.0	889	$2,200	$2.47	1d	9	0.55mi
8300 Sunrise Lakes Blvd #212 Sunrise, FL	2.0	2.0	850	$1,900	$2.24	2d	1	0.56mi
8285 Sunrise Lakes Blvd #208 Sunrise, FL	1.0	1.0	640	$1,400	$2.19	7d	1	0.58mi
8285 Sunrise Lakes Blvd #208 Sunrise, FL	1.0	1.0	640	$1,400	$2.19	24d	1	0.58mi
8601 NW 34th Pl Apt A102 Sunrise, FL	2.0	2.0	1080	$2,200	$2.04	24d	1	0.59mi
3776 NW 91st Ln #3776 Sunrise, FL	2.0	2.0	886	$2,000	$2.26	24d	1	0.60mi
3625 NW 94th Ave Unit 3G Sunrise, FL	2.0	2.0	925	$1,995	$2.16	24d	1	0.62mi
3689 NW 94th Ave #51 Sunrise, FL	2.0	2.0	925	$2,250	$2.43	7d	1	0.62mi
8220 Sunrise Lakes Blvd #309 Sunrise, FL	2.0	2.0	850	$1,650	$1.94	24d	1	0.63mi
3730 N Pine Island Rd Sunrise, FL	2.0	1.0	800	$1,899	$2.37	21d	1	0.63mi
3551 NW 85th Way Sunrise, FL	1.0–3.0	1.0–2.0	1247	$2,364	$1.90	3d	23	0.63mi
8225 Sunrise Lakes Blvd #303 Sunrise, FL	2.0	2.0	850	$1,600	$1.88	2d	1	0.64mi
3825 NW 90th Ave #3825 Sunrise, FL	2.0	1.0	865	$2,000	$2.31	2d	1	0.64mi
3825 NW 90th Ave #3825 Sunrise, FL	2.0	1.0	865	$2,000	$2.31	24d	1	0.64mi
3244 NW 84th Ave Sunrise, FL	2.0	2.0	1115	$2,300	$2.06	24d	1	0.67mi
3200 NW 84th Ave Sunrise, FL	2.0	2.0	1115	$2,100	$1.88	24d	1	0.68mi
3220 NW 84th Ave Sunrise, FL	2.0	2.0	1115	$2,150	$1.93	24d	1	0.68mi
2734 N Nob Hill Rd Sunrise, FL	2.0	2.0	954	$2,400	$2.52	24d	1	0.68mi
2698 N Nob Hill Rd Sunrise, FL	2.0	2.0	1008	$2,275	$2.26	24d	1	0.68mi

HOA detail condo

• Monthly dues: $727 · $8,724/yr
• Likely covers: waterpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 22 events

1. 2026-06-18
   days on market $119,400 Active 99 DOM
2. 2026-06-18
   price $119,400 Active 98 DOM
3. 2026-06-17
   days on market $119,900 Active 98 DOM
4. 2026-06-16
   days on market $119,900 Active 97 DOM
5. 2026-06-15
   days on market $119,900 Active 96 DOM
6. 2026-06-13
   days on market $119,900 Active 94 DOM
7. 2026-06-09
   days on market $119,900 Active 90 DOM
8. 2026-06-07
   days on market $119,900 Active 88 DOM
9. 2026-06-04
   days on market $119,900 Active 85 DOM
10. 2026-06-03
    days on market $119,900 Active 84 DOM
11. 2026-06-02
    days on market $119,900 Active 83 DOM
12. 2026-06-01
    days on market $119,900 Active 82 DOM
13. 2026-05-31
    days on market $119,900 Active 81 DOM
14. 2025-11-18
    listed $119,900 Active
15. 2018-12-31
    soldstatus $100,000 Sold 629-char remark

    Show marketing remark (629 chars)

    Casual elegance and flawless finishing is reflected in this stunning remodel in Sunrise Lakes Phase III. This gorgeous 2nd floor 2 bedroom 2 bath unit is designed for the buyer who enjoys functional design and originality. Looking for some serenity after a day of golf, shopping or work. .. enjoy golf and water views from your private patio and relaxing master retreat with spa-like bathroom. No equity buy-in required for golf. Amenities include main clubhouse and additional satellite pools throughout the community, indoor heated pool and Jacuzzi, racquet ball, tennis, pickle ball, billiards, entertainment and so much more!

16. 2018-12-31
    soldstatus $100,000

    Show marketing remark (629 chars)

    Casual elegance and flawless finishing is reflected in this stunning remodel in Sunrise Lakes Phase III. This gorgeous 2nd floor 2 bedroom 2 bath unit is designed for the buyer who enjoys functional design and originality. Looking for some serenity after a day of golf, shopping or work. .. enjoy golf and water views from your private patio and relaxing master retreat with spa-like bathroom. No equity buy-in required for golf. Amenities include main clubhouse and additional satellite pools throughout the community, indoor heated pool and Jacuzzi, racquet ball, tennis, pickle ball, billiards, entertainment and so much more!

17. 2018-11-13
    status Backup Contract 629-char remark

    Show marketing remark (629 chars)

    Casual elegance and flawless finishing is reflected in this stunning remodel in Sunrise Lakes Phase III. This gorgeous 2nd floor 2 bedroom 2 bath unit is designed for the buyer who enjoys functional design and originality. Looking for some serenity after a day of golf, shopping or work. .. enjoy golf and water views from your private patio and relaxing master retreat with spa-like bathroom. No equity buy-in required for golf. Amenities include main clubhouse and additional satellite pools throughout the community, indoor heated pool and Jacuzzi, racquet ball, tennis, pickle ball, billiards, entertainment and so much more!

18. 2018-10-23
    listed $104,500 Active 629-char remark

    Show marketing remark (629 chars)

    Casual elegance and flawless finishing is reflected in this stunning remodel in Sunrise Lakes Phase III. This gorgeous 2nd floor 2 bedroom 2 bath unit is designed for the buyer who enjoys functional design and originality. Looking for some serenity after a day of golf, shopping or work. .. enjoy golf and water views from your private patio and relaxing master retreat with spa-like bathroom. No equity buy-in required for golf. Amenities include main clubhouse and additional satellite pools throughout the community, indoor heated pool and Jacuzzi, racquet ball, tennis, pickle ball, billiards, entertainment and so much more!

19. 2018-08-31
    soldstatus $45,000 Sold 310-char remark

    Show marketing remark (310 chars)

    Don't miss this opportunity to own a peaceful 2/2 condo located on the 2nd floor in desirable Sunrise Lakes. Unit features a spacious great room, screened balcony and relaxing water view. 55+ Community. No leasing. We have multiple offers - please submit your highest and best by Sunday, July 22, 2018 at 5 PM.

20. 2018-08-01
    status Pending 310-char remark

    Show marketing remark (310 chars)

    Don't miss this opportunity to own a peaceful 2/2 condo located on the 2nd floor in desirable Sunrise Lakes. Unit features a spacious great room, screened balcony and relaxing water view. 55+ Community. No leasing. We have multiple offers - please submit your highest and best by Sunday, July 22, 2018 at 5 PM.

21. 2018-07-13
    listed $45,000 Active 310-char remark

    Show marketing remark (310 chars)

    Don't miss this opportunity to own a peaceful 2/2 condo located on the 2nd floor in desirable Sunrise Lakes. Unit features a spacious great room, screened balcony and relaxing water view. 55+ Community. No leasing. We have multiple offers - please submit your highest and best by Sunday, July 22, 2018 at 5 PM.

22. 2005-07-28
    soldstatus $87,000

ⓘ 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: $855 · $71/mo
• Projected year-2 tax: $991 · $83/mo
• Expected delta: +$136/yr (+$11/mo · 15.9%)

ⓘ 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 1/10 Low
• 🌡 Heat 9/10 Extreme 5 d/yr ≥106°F today · 19 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

Taxation est. · year 1

• Rental income: $25,271
• − Mortgage interest: −$6,688
• − Property taxes: −$855
• − Insurance: −$597
• − Repairs & maintenance: −$2,022
• − Management: −$2,022
• − HOA: −$8,724
• − Depreciation: −$3,473
• Taxable income: $890
• Est. tax owed @ 24.0%: −$214
• After-tax cash flow: $2,061/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 — Sunrise

• Score: 83/100
• State rank: #56
• US rank: #986

Category grades

Amenities F Commute A+ Cost of living B+ 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: Sunrise, FL
• County: Broward County · 1,963,430 people
• City population: 77,492
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 41,128
• Household income: $71,755
• Rent vs Own: 17.9% rent · 82.1% own
• Severe rent burden: 931.0

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 0.72)
• Race & ethnicity: Hispanic / Latino 35% White 32% Black 24% Two or more races 22% Asian 4%
• Hispanic origin (detail): Puerto Rican 5% Cuban 6% Dominican 2% Salvadoran 1%
• Common ancestry: Hispanic 5% Romanian 2% Scotch-Irish 2%
• Foreign-born: 41% · Canada, Jamaica, South Korea
• Languages at home: 58% English-only · Spanish 30% French/Haitian/Cajun 6% 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: ▼ -203.34%
• Current HPI: 407.5452
• Rent YoY: ▲ 0.60%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+37.8% since first listed

9 events — show timeline

• 2025-11-18 Listed $119,900 Beaches MLS
• 2018-12-31 Sold (Public Records) $100,000 Public Records
• 2018-12-31 Sold (MLS) $100,000 MARMLS
• 2018-11-13 Pending — MARMLS
• 2018-10-23 Listed $104,500 MARMLS
• 2018-08-31 Sold (MLS) $45,000 MARMLS
• 2018-08-01 Pending — MARMLS
• 2018-07-13 Listed $45,000 MARMLS
• 2005-07-28 Sold (Public Records) $87,000 Public Records

Property tax history

+13.8%/yr

Latest (2025): $855 · +4.6% YoY. Source: county tax records.