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219 NE 14th Ave #107
B Composite 70.71
Why this score? — see what drove the B 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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$249,000

219 NE 14th Ave #107 · Hallandale Beach, FL 33009
2 bd · 2.0 ba · 1,092 sqft · Condo public records · 22 Days on market
Built 1968 $480/mo HOA · 12% of rent

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

Listing remarks

Charming updated 2 Bedrooms 2 Bathrooms remodelled first floor condo. Bright unit with lots of natural light. Updated kitchen, white cabinets QUARTZ COUNTERTOP. High end APPLIANCES. Tile flooring throughout. Updated bathrooms. Spacious mater bedroom lots of closet space. Large SCREENED IN PATIO w/ a private & relacing garden views. BEAUTIFUL FRENCH DOORS, IMPACT WINDOWS, new fixtures. Great Located in the heart of Hallandale Beach. Close to the HALLANDALE BEACH, Gulfstream, shopping and Diplomat Golf Resort & Spa. Walking distance to many restaurants, supermarket, shopping & entertainment. Unit comes with 1 parking space & 1 storage unit. ALL AGES WELCOME!! Can r

Key facts

  • Quartz countertops
  • Garden view
  • Tile flooring

Tags

STAINLESS STEEL APPLIANCESQUARTZ COUNTERTOPSTILE FLOORINGSCREENED FLORIDA ROOMGARDEN VIEWIMPACT WINDOWS

Property features AI

Finance

  • Other: Heated pool
  • Financial info: Pets not allowed
  • HOA & community: Monthly association fee of $480; Association covers amenities, insurance, grounds maintenance, parking, reserve fund, roof, sewer, security, trash and water; Community amenities include clubhouse, laundry, pool and storage

Exterior

  • Parking: Assigned parking; Guest parking; One assigned space
  • Utilities: Cable available; Sewer and water included in association (see HOA); Electric service
  • Home design: Condo/Apartment in a 5-story building; Entry level: 1; Updated/remodeled; Attached unit
  • Construction: Block construction; Built as resale (year built details unavailable)
  • Exterior features: Balcony; Courtyard; Patio; Screened patio/balcony

Interior

  • Bedrooms: Bedroom on main level
  • Flooring: Tile flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air; Ceiling fans
  • Interior features: Furnished; Elevator; First-floor entry; Living/dining room; Bedroom on main level
  • Laundry & utility: Common area laundry

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 2-bed/2.0-bath condo listed at $249k.

Deal economics

  • At list price, monthly cash flow is $927 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $249k).
  • Recommended offer: $245k (1.5% below list) — sets the bar for market timing.
  • Cap rate 10.8% vs local median 5.2% in Hallandale Beach — 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 81/100 on livability (#86 in FL, #1,400 nationally) — a professional / high-income tenant draw. Strengths: commute A+, health & safety A+, crime B+; Watch: employment 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: Gulfstream Academy of Hallandale Beach (math 32% / reading 40%, grade F, #1,670 of 2,144 statewide, top 78%, 1,317 students, 73% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); Nova High School (math 22% / reading 56%, grade F, #312 of 667 statewide, top 48%, 2,227 students, 59% FRL) — zoned schools average 67% FRL vs 51% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents flat; 1380 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $4,057/mo this rent would consume 93% of the median local household income ($52k/yr) (locally 3293% of renters already pay >50% of income on rent) — 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 $2k of loan paydown is wiped out by about $7k 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 22 days — a 2% lower offer ($245k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 3y 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 $75k; list at $249k implies a 230% gain — meaningful room to come down on a strong offer.
Recommended offer $245,265 (1.5% below list)

Questions for the listing agent

  1. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. 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?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. 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
1.63%
Cap rate
10.76%
Cash-on-cash
15.96%
DSCR
1.71
GRM
5.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.43% rent growth · sell at horizon

5-year hold
IRR
3.4%
Equity multiple
1.13×
Total profit
$8,873
Equity at exit
$37,127
10-year hold
IRR
9.8%
Equity multiple
1.65×
Total profit
$45,532
Equity at exit
$21,529

Cash invested: $69,720 (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
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33009

Rents YoY
0.4%
Active inventory
1380
Price-to-rent
5.1×

Monthly cashflow live

Estimated rent
$4,057 high interval (Pro) →
Mortgage (P&I)
$1,306
Tax from tax record
$388 /mo · $4,662/yr
Insurance
$104
HOA
$480
Vacancy / Maint / Mgmt
$852
Net cashflow
$927

Break-even live

Break-even rent $2,884
Max offer price $249,000
Occupancy floor 72%

Sensitivity live

Price -10% $1,068 -5% $998 +0% $927 +5% $857 +10% $786
Rent -10% $607 -5% $767 +0% $927 +5% $1,087 +10% $1,248
Rate -1.0pp $1,052 -0.5pp $990 base $927 +0.5pp $863 +1.0pp $797

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
$62,250
Closing costs
$7,470
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1124 NE 7th St Hallandale Beach, FL 3.0 2.0 1320 $3,900 $2.95 23d 1 0.30mi
1755 E Hallandale Beach Blvd Unit 2207E Hallandale Beach, FL 2.0 2.0 1354 $3,950 $2.92 25d 1 0.30mi
1755 E Hallandale Beach Blvd Unit 1407E Hallandale Beach, FL 2.0 2.0 1354 $3,650 $2.70 25d 1 0.30mi
1745 E Hallandale Beach Blvd Unit 802W Hallandale Beach, FL 3.0 2.0 1481 $3,600 $2.43 25d 1 0.31mi
1745 E Hallandale Beach Blvd Unit 2302W Hallandale Beach, FL 3.0 2.0 1481 $3,900 $2.63 25d 1 0.31mi
1745 E Hallandale Beach Blvd Unit 2302W Hallandale Beach, FL 3.0 2.0 1481 $3,900 $2.63 16d 1 0.31mi
1180 E Hallandale Beach Blvd Unit 1241877P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $5,453 $6.46 5d 2 0.34mi
906 NE 6th St Hallandale Beach, FL 3.0 2.0 1080 $4,250 $3.94 13d 1 0.34mi
906 NE 6th St Hallandale Beach, FL 3.0 2.0 1080 $4,250 $3.94 6d 1 0.34mi
906 NE 6th St Hallandale Beach, FL 3.0 2.0 1080 $4,250 $3.94 25d 1 0.34mi
101 Diplomat Pkwy Hallandale Beach, FL 1.0 1.0 859 $3,740 $4.35 25d 1 0.44mi
110 N Federal Hwy #1401 Hallandale Beach, FL 2.0 2.0 1220 $3,999 $3.28 9d 1 0.46mi
401 N Federal Hwy Hallandale Beach, FL 1.0–3.0 1.0–2.0 973 $2,765 $2.84 16d 48 0.52mi
1001 NE 10th St Unit 2 Hallandale Beach, FL 3.0 2.0 1270 $3,600 $2.83 25d 1 0.54mi
2500 Parkview Dr #2518 Hallandale Beach, FL 2.0 2.0 1280 $4,000 $3.12 9d 1 0.69mi
2500 Parkview Dr #2518 Hallandale Beach, FL 2.0 2.0 1280 $4,000 $3.12 15d 1 0.69mi
1528 Wiley St Hollywood, FL 2.0 1.0 1488 $4,100 $2.76 25d 1 0.74mi
2602 E Hallandale Beach Blvd Unit 1227270P Hallandale Beach, FL 2.0 1.0–2.0 640 $4,219 $6.59 0d 3 0.77mi
2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $4,219 $5.00 3d 2 0.78mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 1.0–2.0 1.0–2.0 1070 $5,950 $5.56 22d 4 0.79mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL 1.0–2.0 1.0–2.0 1092 $5,950 $5.45 25d 3 0.79mi
2600 E Hallandale Beach Blvd Unit T3110 Hallandale Beach, FL 2.0 2.0 1028 $3,650 $3.55 25d 1 0.79mi
2600 E Hallandale Beach Blvd Unit T3208 Hallandale Beach, FL 2.0 2.0 1030 $6,950 $6.75 25d 1 0.79mi
2600 E Hallandale Beach Blvd Unit T3307 Hallandale Beach, FL 2.0 2.0 1030 $4,500 $4.37 25d 1 0.79mi
201 Golden Isles Dr #302 Hallandale Beach, FL 2.0 2.0 1150 $3,975 $3.46 25d 1 0.83mi
121 Golden Isles Dr #1 Hallandale Beach, FL 2.0 2.0 1379 $4,000 $2.90 25d 1 0.86mi
211 SE 4th St #3 Hallandale Beach, FL 3.0 2.5 1290 $3,950 $3.06 25d 1 0.87mi
4010 S Ocean Dr Hollywood, FL 1.0–3.0 1.0–3.5 1078 $7,250 $6.73 25d 5 0.89mi
215 SE 5th St Hallandale Beach, FL 2.0–3.0 2.0 1133 $2,700 $2.38 25d 5 0.89mi
200 E Pembroke Rd Hallandale Beach, FL 3.0 1.0–2.0 1006 $3,472 $3.45 0d 63 0.90mi
2721 E Hallandale Beach Blvd Unit 1049818P Hollywood, FL 1.0–2.0 1.0–2.0 946 $5,897 $6.23 5d 2 0.90mi
2723 E Hallandale Beach Blvd Unit 1049813P Hollywood, FL 3.0 2.0 1496 $6,498 $4.34 4d 1 0.92mi
4010 S Ocean Dr Unit T3509 Hollywood, FL 2.0 2.0 1060 $6,000 $5.66 23d 1 0.92mi
4010 S Ocean Dr Unit T3708 Hollywood, FL 3.0 2.5 1361 $8,000 $5.88 25d 1 0.92mi
4010 S Ocean Dr Unit R2004 Hollywood, FL 3.0 2.0 1129 $7,500 $6.64 25d 1 0.92mi
4010 S Ocean Dr Unit R504 Hollywood, FL 3.0 2.0 1122 $10,000 $8.91 25d 1 0.92mi
4010 S Ocean Dr Unit R1108 Hollywood, FL 3.0 2.5 1361 $12,999 $9.55 25d 1 0.92mi
4010 S Ocean Dr Unit R504 Hollywood, FL 3.0 2.0 1122 $10,000 $8.91 9d 1 0.92mi
4010 S Ocean Dr Unit T3609 Hollywood, FL 2.0 2.0 1060 $6,300 $5.94 25d 1 0.92mi
4010 S Ocean Dr Unit 1388506P Hollywood, FL 2.0 2.0 1097 $4,881 $4.45 9d 1 0.92mi

HOA detail condo

Monthly dues
$480 · $5,760/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 32 events

  1. 2026-06-21
    days on market $249,000 Active 22 DOM
  2. 2026-06-18
    days on market $249,000 Active 19 DOM
  3. 2026-06-17
    days on market $249,000 Active 18 DOM
  4. 2026-06-16
    days on market $249,000 Active 17 DOM
  5. 2026-06-15
    days on market $249,000 Active 16 DOM
  6. 2026-06-13
    days on market $249,000 Active 14 DOM
  7. 2026-06-09
    days on market $249,000 Active 10 DOM
  8. 2026-06-08
    days on market $249,000 Active 9 DOM
  9. 2026-06-07
    days on market $249,000 Active 8 DOM
  10. 2026-06-04
    days on market $249,000 Active 5 DOM
  11. 2026-06-03
    days on market $249,000 Active 4 DOM
  12. 2026-06-02
    days on market $249,000 Active 3 DOM
  13. 2026-06-01
    days on market $249,000 Active 2 DOM
  14. 2026-05-31
    pricedays on marketlisting id $249,000 Active 1 DOM
  15. 2026-01-26
    listed $249,900 Active
  16. 2026-01-10
    status Active
  17. 2025-11-02
    listed $252,000 Active
  18. 2024-03-31
    historical
  19. 2024-02-28
    price $275,000
  20. 2024-02-01
    price $284,000
  21. 2024-01-06
    status Active
  22. 2023-12-22
    historical Active Under Contract
  23. 2023-06-09
    price $285,000
  24. 2023-05-20
    price $292,000
  25. 2023-05-06
    price $295,000
  26. 2023-04-28
    price $299,500
  27. 2023-04-01
    listed $325,000 Active
  28. 2011-07-22
    soldstatus $75,428
  29. 2011-07-19
    soldstatus $88,000
  30. 2002-09-23
    soldstatus $96,900
  31. 2002-03-20
    soldstatus $84,900
  32. 1989-04-06
    soldstatus $46,500

ⓘ 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
$4,662 · $388/mo
Projected year-2 tax
$4,662 · $388/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$48,685
− Mortgage interest
−$13,948
− Property taxes
−$4,662
− Insurance
−$1,245
− Repairs & maintenance
−$3,895
− Management
−$3,895
− HOA
−$5,760
− Depreciation
−$7,244
Taxable income
$8,037
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,929
After-tax cash flow
$9,196/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 — Hallandale Beach

Score
81/100
State rank
#86
US rank
#1400

Category grades

Amenities B Commute A+ Cost of living B+ Crime B+ Employment D- Housing B+ Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Hallandale Beach, FL
County
Broward County · 1,963,430 people
City population
44,021
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
44,502
Household income
$52,079
Rent vs Own
44.4% rent · 55.6% own
Severe rent burden
3293.0

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 0.67)
Race & ethnicity
Hispanic / Latino 39% White 39% Two or more races 24% Black 17% Asian 1%
Hispanic origin (detail)
Mexican 2% Puerto Rican 3% Cuban 9% Dominican 3% Salvadoran 2%
Common ancestry
Scotch-Irish 5% Hispanic 5% Subsaharan African 3%
Foreign-born
51% · Canada, Jamaica, Dominican Republic
Languages at home
38% English-only · Spanish 36% Russian/Polish/Slavic 12% French/Haitian/Cajun 7%

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
▼ -299.13%
Current HPI
329.9081
Rent YoY
▲ 0.43%
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

+437.4% since first listed
18 events — show timeline
  • 2026-01-26 Listed $249,900 MARMLS
  • 2026-01-10 Relisted MARMLS
  • 2025-11-02 Listed $252,000 MARMLS
  • 2024-03-31 Listing Removed MARMLS
  • 2024-02-28 Price Changed $275,000 MARMLS
  • 2024-02-01 Price Changed $284,000 MARMLS
  • 2024-01-06 Relisted MARMLS
  • 2023-12-22 Contingent MARMLS
  • 2023-06-09 Price Changed $285,000 MARMLS
  • 2023-05-20 Price Changed $292,000 MARMLS
  • 2023-05-06 Price Changed $295,000 MARMLS
  • 2023-04-28 Price Changed $299,500 MARMLS
  • 2023-04-01 Listed $325,000 MARMLS
  • 2011-07-22 Sold (Public Records) $75,428 Public Records
  • 2011-07-19 Sold (MLS) $88,000 MARMLS
  • 2002-09-23 Sold (Public Records) $96,900 Public Records
  • 2002-03-20 Sold (Public Records) $84,900 Public Records
  • 1989-04-06 Sold (Public Records) $46,500 Public Records

Property tax history

+14.6%/yr

Latest (2025): $4,662 · +4.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…