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1100 Atlantic Shores Blvd #405
C- Composite 54.41
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 +19.8/30.0
  • 1% rule +7.6/10.0
  • ARV discount +7.5/15.0
  • DSCR +6.3/10.0
  • 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

$210,000

1100 Atlantic Shores Blvd #405 · Hallandale Beach, FL 33009
1 bd · 1.0 ba · 739 sqft · Condo public records · 16 Days on market
Built 1963 $322/mo HOA · 12% of rent

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

Listing remarks MLS

Very affordable highly updated 1 bdr pus den/ 1 bath apartment. Beautiful white kitchen. Impact glass windows. Perfect vacation retreat, Investment property or primary residence. OK to lease one time per year, no waiting period. Buyer may be of any age but all residents/occupants must be 55 or older per association. No pets. 40 year inspection complete. Building is immaculately maintained. New roof, large pool, BBQ grills. Tile floors. Large eat-in kitchen. Ample closet space. Fully furnished. Close to shopping, banks, casino. Perfect for investor, very low maintenance, easy to rent. 2nd floor, no elevator. New dishwasher. No balcony. Front porch. Laundry room is on the same floor. Storage. Plenty of street parking in front of the building with parking permit. CASH ONLY!

Key facts

  • Convenient location
  • $322 HOA
  • Community pool

Tags

BEAUTIFULLY MAINTAINED GROUNDSCONVENIENT LOCATION

Property features AI

Finance

  • Other: Heated pool
  • Financial info: Pets not allowed
  • HOA & community: Monthly association fee of $322; HOA covers amenities, structure maintenance, pools, sewer, trash and water; Association amenities include laundry, barbecue area, picnic area, and pool; Senior community

Exterior

  • Security: Smoke detectors
  • Home design: Block construction; 2 stories; Entry on second floor; Has attached property; Updated/remodeled
  • Construction: Block construction
  • Exterior features: Courtyard; Open porch

Interior

  • Kitchen: Electric range; Microwave; Refrigerator
  • Flooring: Ceramic tile
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Electric heating; Electric cooling
  • Interior features: Second-floor entry; Living/dining room; Den; Updated/remodeled
  • 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 1-bed/1.0-bath condo listed at $210k.

Deal economics

  • At list price, monthly cash flow is $249 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $210k).
  • Recommended offer: $207k (1.5% below list) — sets the bar for market timing.
  • Cap rate 7.7% 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: schools C-, 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.
  • Market conditions: Rents flat; 1380 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $2,653/mo this rent would consume 61% 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 $1k of loan paydown is wiped out by about $6k 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 16 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
  • 3 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.
Recommended offer $206,850 (1.5% below list)

Questions for the listing agent

  1. Built in 1963 — 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
1.26%
Cap rate
7.71%
Cash-on-cash
5.08%
DSCR
1.23
GRM
6.6

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
-11.9%
Equity multiple
0.58×
Total profit
$-24,595
Equity at exit
$31,312
10-year hold
IRR
-8.2%
Equity multiple
0.56×
Total profit
$-25,940
Equity at exit
$18,157

Cash invested: $58,800 (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
6.6×

Monthly cashflow live

Estimated rent
$2,653 high interval (Pro) →
Mortgage (P&I)
$1,101
Tax from tax record
$336 /mo · $4,037/yr
Insurance
$88
HOA
$322
Vacancy / Maint / Mgmt
$557
Net cashflow
$249

Break-even live

Break-even rent $2,338
Max offer price $210,000
Occupancy floor 86%

Sensitivity live

Price -10% $368 -5% $308 +0% $249 +5% $189 +10% $130
Rent -10% $39 -5% $144 +0% $249 +5% $353 +10% $458
Rate -1.0pp $354 -0.5pp $302 base $249 +0.5pp $194 +1.0pp $139

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
$52,500
Closing costs
$6,300
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 19 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
401 N Federal Hwy Hallandale Beach, FL 1.0–3.0 1.0–2.0 973 $1,892 $1.94 16d 48 0.49mi
200 E Pembroke Rd Hallandale Beach, FL 3.0 1.0–2.0 1006 $2,823 $2.81 0d 63 0.57mi
1180 E Hallandale Beach Blvd Unit 1241877P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $2,465 $2.92 4d 2 0.75mi
320 S Federal Hwy Hollywood, FL 2.0 1.0–2.0 742 $2,758 $3.72 25d 9 1.01mi
303 S Federal Hwy Hollywood, FL 1.0–3.0 1.0–3.0 992 $2,175 $2.19 3d 35 1.02mi
1770 S Young Cir Hollywood, FL 2.0 1.0–2.0 881 $3,652 $4.15 3d 42 1.06mi
2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL 1.0–2.0 1.0–2.0 844 $2,465 $2.92 3d 2 1.12mi
2602 E Hallandale Beach Blvd Unit 1227270P Hallandale Beach, FL 2.0 1.0–2.0 640 $3,224 $5.04 0d 3 1.12mi
2001 Van Buren St Hollywood, FL 2.0 1.0–2.0 788 $2,801 $3.55 16d 171 1.16mi
1818 Hollywood Blvd Hollywood, FL 3.0 1.0–2.5 1089 $2,822 $2.59 0d 26 1.19mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $3,800 $3.91 20d 8 1.29mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,200 $4.32 15d 7 1.29mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,400 $4.53 11d 6 1.29mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,000 $4.12 9d 7 1.29mi
1776 Polk St Hollywood, FL 1.0–2.0 1.0–2.0 954 $2,843 $2.98 16d 25 1.29mi
2165 Van Buren St Hollywood, FL 3.0 1.0–3.0 1072 $2,797 $2.61 0d 15 1.33mi
836 NW 10th St Unit 4 Hallandale Beach, FL 1.0 423 $1,250 $2.96 25d 1 1.40mi
840 NW 10th St Unit 8 Hallandale Beach, FL 1.0 1.0 441 $1,400 $3.17 25d 1 1.41mi
2233 Hollywood Blvd Hollywood, FL 1.0–2.0 1.0–2.0 913 $2,540 $2.78 16d 94 1.44mi

HOA detail condo

Monthly dues
$322 · $3,864/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 10 events

  1. 2026-06-21
    days on market $210,000 Active 16 DOM
  2. 2026-06-18
    days on market $210,000 Active 13 DOM
  3. 2026-06-17
    days on market $210,000 Active 12 DOM
  4. 2026-06-16
    days on market $210,000 Active 11 DOM
  5. 2026-06-15
    days on market $210,000 Active 10 DOM
  6. 2026-06-13
    days on market $210,000 Active 8 DOM
  7. 2026-06-09
    days on market $210,000 Active 4 DOM
  8. 2026-06-08
    days on market $210,000 Active 3 DOM
  9. 2026-06-07
    remarks 504-char remark
  10. 2026-06-07
    listed $210,000 Active 2 DOM

ⓘ 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
$4,037 · $336/mo
Projected year-2 tax
$4,037 · $336/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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$31,836
− Mortgage interest
−$11,763
− Property taxes
−$4,037
− Insurance
−$1,050
− Repairs & maintenance
−$2,547
− Management
−$2,547
− HOA
−$3,864
− Depreciation
−$6,109
Taxable loss
−$81
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$19
After-tax cash flow
$3,004/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

+660.9% since first listed
14 events — show timeline
  • 2026-06-05 Listed $210,000 MARMLS
  • 2025-09-28 Rental Removed $1,700 MARMLS
  • 2025-07-20 Price Changed $1,700 MARMLS
  • 2024-11-14 Price Changed $1,700 MARMLS
  • 2024-07-10 Price Changed $1,900 MARMLS
  • 2024-04-27 Price Changed $2,000 MARMLS
  • 2024-04-04 Listed for Rent $2,200 MARMLS
  • 2024-03-08 Sold (Public Records) $200,000 Public Records
  • 2024-03-06 Sold (MLS) $200,000 MARMLS
  • 2024-02-07 Pending MARMLS
  • 2023-12-12 Listed $209,000 MARMLS
  • 2017-05-22 Sold (Public Records) $150,000 Public Records
  • 1994-12-30 Sold (Public Records) $43,500 Public Records
  • 1978-06-01 Sold (Public Records) $27,600 Public Records

Property tax history

+11.4%/yr

Latest (2025): $4,037 · +12.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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