200 Diplomat Pkwy #326 · Hallandale Beach, FL 33009

$210,000

1 bd · 2.0 ba · 850 sqft · Condo public records · 97 Days on market

Built 1970 $975/mo HOA · 25% of rent

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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 +28.2/30.0
• 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

Listing remarks MLS

Location, location, location. .. .This bright & charming 1/1.5 has beautiful water views and overlooks the Hallandale Beach Marina. Complex has reserves and are completing their 50 year recertification and all assessments will be paid in full by seller. Unit has new high impact windows and balcony slider door. Low maintenance includes reserves, on site management, building insurance, cable tv & internet. Amenities; swimming pool, gym with rest rooms & sauna, community meeting/party room w/ kitchen, library, billiard & ping pong, extra storage. Convenient to beaches, all major shopping, 10 minutes to Aventura Mall, Gulf Stream Race Track & Casino & 20 minutes south of Ft. Lauderdale Airport. No Rentals allowed. Motivated seller. Easy to show. Call or text listing agent.

Key facts

• Balcony facing east
• Large kitchen
• Walking closet

Tags

• BALCONY FACING EAST
• WALKING CLOSET
• LARGE KITCHEN
• EXTRA STORAGE UNIT
• HEATED POOL
• UPDATED GYM

Property features AI

Finance

• Financial info: No land lease; Pets not allowed
• HOA & community: Association: FAIRWAYS RIVIERA CONDOMINIUM; Monthly association fee; Association amenities include billiard room, clubhouse, car wash area, elevators, fitness center, laundry, parking, pool, sauna, storage, community room, kitchen facilities, and lobby; Association fee covers cable TV, insurance, internet, grounds maintenance, structure maintenance, pest control, sewer, trash, water, common areas, elevator, legal/accounting, and reserve funds

Exterior

• Parking: Assigned parking; Guest parking; Under-building parking; Detached garage; Asphalt parking surface; 1 open parking space (1 total parking)
• Security: Smoke detector(s); Entry phone / intercom
• Utilities: Public water; Public sewer; Circuit breaker electric; Cable available; Electricity available; Sewer connected; Water connected
• Home design: Condominium; One level; Entry level: 1; Faces west; 8-story building
• Construction: Block and concrete construction
• Exterior features: Flat roof; Entry at center of the building; Waterfront property with intracoastal access; Asphalt road frontage; Publicly maintained road

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 1 bedroom on main level
• Flooring: Ceramic tile; Tile
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Electric heating (central, individual); Central air conditioning; Ceiling fan(s)
• Interior features: Walk-in closet(s); Intercom; Unfurnished
• Laundry & utility: Common area laundry; Laundry room; Multiple laundry locations; Laundry tub

What this means for you Summary

Snapshot

• This is a 1-bed/2.0-bath condo listed at $210k.

Deal economics

• At list price, monthly cash flow is $238 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $210k).
• Recommended offer: $191k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.1% 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; 1373 active listings in the ZIP; 40 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).
• At $3,978/mo this rent would consume 92% 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 97 days — a 9% lower offer ($191k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; HOA is 25% 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 5→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $191,100 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 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 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
9. 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.
10. 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: 1.89% ✓
• Cap rate: 10.09%
• Cash-on-cash: 13.55%
• DSCR: 1.60
• GRM: 4.4

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: -13.9%
• Equity multiple: 0.52×
• Total profit: $-27,975
• Equity at exit: $31,312

10-year hold

• IRR: -15.4%
• Equity multiple: 0.32×
• Total profit: $-40,092
• 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.

Methodology + full state rankings →

ZIP-level market 33009

• Rents YoY: 0.4%
• Active inventory: 1373
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $3,978 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$314 /mo · $3,774/yr
• Insurance: −$88
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$975
• Vacancy / Maint / Mgmt: −$835
• Net cashflow: $238

Break-even live

Break-even rent $3,677

Max offer price $210,000

Occupancy floor 89%

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: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
101 Diplomat Pkwy Hallandale Beach, FL	1.0	1.0	859	$3,740	$4.35	24d	1	0.13mi
2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL	1.0–2.0	1.0–2.0	844	$2,465	$2.92	2d	2	0.32mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL	3.0	1.0–3.0	1011	$3,862	$3.82	2d	5	0.33mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL	1.0–2.0	1.0–2.0	1092	$4,750	$4.35	24d	3	0.33mi
2602 E Hallandale Beach Blvd Hallandale Beach, FL	1.0–2.0	1.0–2.0	1070	$4,219	$3.94	21d	4	0.33mi
2600 E Hallandale Beach Blvd Unit T3110 Hallandale Beach, FL	2.0	2.0	1028	$3,650	$3.55	24d	1	0.34mi
2600 E Hallandale Beach Blvd Unit T3208 Hallandale Beach, FL	2.0	2.0	1030	$6,950	$6.75	24d	1	0.34mi
2600 E Hallandale Beach Blvd Unit T3307 Hallandale Beach, FL	2.0	2.0	1030	$4,500	$4.37	24d	1	0.34mi
4010 S Ocean Dr Hollywood, FL	1.0–3.0	1.0–3.5	1078	$5,000	$4.64	24d	5	0.40mi
2721 E Hallandale Beach Blvd Unit 1049818P Hollywood, FL	1.0–2.0	1.0–2.0	946	$3,355	$3.54	3d	2	0.42mi
4010 S Ocean Dr Unit T3609 Hollywood, FL	2.0	2.0	1060	$6,300	$5.94	24d	1	0.44mi
4010 S Ocean Dr Unit 1388506P Hollywood, FL	2.0	2.0	1097	$4,881	$4.45	8d	1	0.44mi
4010 S Ocean Dr Unit T3609 Hollywood, FL	2.0	2.0	1060	$6,300	$5.94	3d	1	0.44mi
4010 S Ocean Dr Unit 1227485P Hollywood, FL	2.0–3.0	2.0	1118	$5,049	$4.51	15d	2	0.44mi
4010 S Ocean Dr Unit R2102 Hollywood, FL	2.0	2.0	1075	$6,500	$6.05	24d	1	0.44mi
4010 S Ocean Dr Unit T3509 Hollywood, FL	2.0	2.0	1060	$6,000	$5.66	22d	1	0.44mi
4001 S Ocean Dr Hollywood, FL	2.0–3.0	1.5–3.0	1471	$4,000	$2.72	22d	4	0.54mi
4001 S Ocean Dr Hollywood, FL	2.0–3.0	1.5–3.0	1471	$4,800	$3.26	24d	3	0.54mi
4111 S Ocean Dr #1810 Hollywood, FL	1.0	1.0	1000	$5,500	$5.50	24d	1	0.54mi
4111 S Ocean Dr Unit 1022181P Hollywood, FL	1.0–2.0	1.0–2.0	968	$4,407	$4.55	17d	2	0.54mi
4111 S Ocean Dr Unit 1557596P Hollywood, FL	1.0	1.0	796	$5,356	$6.73	8d	1	0.54mi
3901 S Ocean Dr Unit 11M Hollywood, FL	1.0	1.0	874	$4,400	$5.03	24d	1	0.54mi
3901 S Ocean Dr Unit 10Z Hollywood, FL	1.0	1.0	874	$4,000	$4.58	24d	1	0.54mi
3901 S Ocean Dr Unit 10M Hollywood, FL	1.0	1.0	874	$5,000	$5.72	24d	1	0.54mi
3901 S Ocean Dr Unit 1227197P Hollywood, FL	1.0–2.0	1.0–2.0	1054	$2,727	$2.59	2d	2	0.54mi
3901 S Ocean Dr Unit 10Z Hollywood, FL	1.0	1.0	874	$4,000	$4.58	3d	1	0.54mi
3901 S Ocean Dr Unit 11M Hollywood, FL	1.0	1.0	874	$4,400	$5.03	3d	1	0.54mi
3725 S Ocean Dr Hollywood, FL	2.0–3.0	2.0	1377	$4,000	$2.90	3d	7	0.56mi
3725 S Ocean Dr Hollywood, FL	2.0–3.0	2.0	1377	$4,000	$2.90	14d	8	0.56mi
3801 S Ocean Dr Unit 4R Hollywood, FL	1.0	1.0	812	$3,850	$4.74	24d	1	0.56mi
1800 S Ocean Dr #909 Hallandale Beach, FL	2.0	1.0	1086	$4,000	$3.68	24d	1	0.59mi
1800 S Ocean Dr #4209 Hallandale Beach, FL	2.0	1.0	1086	$4,000	$3.68	21d	1	0.59mi
1800 S Ocean Dr #4209 Hallandale Beach, FL	2.0	1.0	1086	$4,000	$3.68	2d	1	0.59mi
1830 S Ocean Dr #3407 Hallandale Beach, FL	1.0	1.0	871	$4,000	$4.59	24d	1	0.61mi
1830 S Ocean Dr #2409 Hallandale Beach, FL	1.0	1.0	844	$4,300	$5.09	14d	1	0.61mi
1830 S Ocean Dr #1709 Hallandale Beach, FL	1.0	1.0	844	$4,500	$5.33	24d	1	0.61mi
1830 S Ocean Dr #4005 Hallandale Beach, FL	1.0	1.0	811	$4,600	$5.67	24d	1	0.61mi
1830 S Ocean Dr #1812 Hallandale Beach, FL	1.0	1.0	844	$4,999	$5.92	21d	1	0.61mi
1830 S Ocean Dr #4612 Hallandale Beach, FL	1.0	1.0	844	$4,950	$5.86	24d	1	0.61mi
1830 S Ocean Dr #4307 Hallandale Beach, FL	1.0	1.0	871	$4,100	$4.71	24d	1	0.61mi

HOA detail condo

• Monthly dues: $975 · $11,700/yr
• Likely covers: waterinternetcableinsurancepoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 20 events

1. 2026-06-18
   days on market $210,000 Active 97 DOM
2. 2026-06-17
   days on market $210,000 Active 96 DOM
3. 2026-06-16
   days on market $210,000 Active 95 DOM
4. 2026-06-15
   days on market $210,000 Active 94 DOM
5. 2026-06-13
   pricedays on market $210,000 Active 92 DOM
6. 2026-06-09
   days on market $220,000 Active 88 DOM
7. 2026-06-08
   days on market $220,000 Active 87 DOM
8. 2026-06-07
   days on market $220,000 Active 86 DOM
9. 2026-06-04
   days on market $220,000 Active 83 DOM
10. 2026-06-03
    days on market $220,000 Active 82 DOM
11. 2026-06-02
    days on market $220,000 Active 81 DOM
12. 2026-06-01
    days on market $220,000 Active 80 DOM
13. 2026-05-31
    days on market $220,000 Active 79 DOM
14. 2026-03-09
    listed $220,000 Active
15. 2022-12-22
    soldstatus $220,000
16. 2022-12-21
    soldstatus $220,000 Closed 815-char remark

    Show marketing remark (815 chars)

    Location, location, location. .. .This bright & charming 1/1.5 has beautiful water views and overlooks the Hallandale Beach Marina. Complex has reserves and are completing their 50 year recertification and all assessments will be paid in full by seller. Unit has new high impact windows and balcony slider door. Low maintenance includes reserves, on site management, building insurance, cable tv & internet. Amenities; swimming pool, gym with rest rooms & sauna, community meeting/party room w/ kitchen, library, billiard & ping pong, extra storage. Convenient to beaches, all major shopping, 10 minutes to Aventura Mall, Gulf Stream Race Track & Casino & 20 minutes south of Ft. Lauderdale Airport. No Rentals allowed. Motivated seller. Easy to show. Call or text listing agent.

17. 2022-11-21
    historical Active Under Contract 815-char remark

    Show marketing remark (815 chars)

    Location, location, location. .. .This bright & charming 1/1.5 has beautiful water views and overlooks the Hallandale Beach Marina. Complex has reserves and are completing their 50 year recertification and all assessments will be paid in full by seller. Unit has new high impact windows and balcony slider door. Low maintenance includes reserves, on site management, building insurance, cable tv & internet. Amenities; swimming pool, gym with rest rooms & sauna, community meeting/party room w/ kitchen, library, billiard & ping pong, extra storage. Convenient to beaches, all major shopping, 10 minutes to Aventura Mall, Gulf Stream Race Track & Casino & 20 minutes south of Ft. Lauderdale Airport. No Rentals allowed. Motivated seller. Easy to show. Call or text listing agent.

18. 2022-11-04
    listed $259,000 Active 815-char remark

    Show marketing remark (815 chars)

    Location, location, location. .. .This bright & charming 1/1.5 has beautiful water views and overlooks the Hallandale Beach Marina. Complex has reserves and are completing their 50 year recertification and all assessments will be paid in full by seller. Unit has new high impact windows and balcony slider door. Low maintenance includes reserves, on site management, building insurance, cable tv & internet. Amenities; swimming pool, gym with rest rooms & sauna, community meeting/party room w/ kitchen, library, billiard & ping pong, extra storage. Convenient to beaches, all major shopping, 10 minutes to Aventura Mall, Gulf Stream Race Track & Casino & 20 minutes south of Ft. Lauderdale Airport. No Rentals allowed. Motivated seller. Easy to show. Call or text listing agent.

19. 2003-07-11
    soldstatus $91,500
20. 1997-09-09
    soldstatus $50,000

ⓘ 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: $3,774 · $314/mo
• Projected year-2 tax: $3,774 · $314/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 8/10 Severe FEMA zone AE · 97% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 5 d/yr ≥104°F today · 18 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

Taxation est. · year 1

• Rental income: $47,731
• − Mortgage interest: −$11,763
• − Property taxes: −$3,774
• − Insurance: −$6,169
• − Repairs & maintenance: −$3,819
• − Management: −$3,819
• − HOA: −$11,700
• − Depreciation: −$6,109
• Taxable income: $580
• Est. tax owed @ 24.0%: −$139
• After-tax cash flow: $2,711/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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+340.0% since first listed

7 events — show timeline

• 2026-03-09 Listed $220,000 Beaches MLS
• 2022-12-22 Sold (Public Records) $220,000 Public Records
• 2022-12-21 Sold (MLS) $220,000 MARMLS
• 2022-11-21 Contingent — MARMLS
• 2022-11-04 Listed $259,000 MARMLS
• 2003-07-11 Sold (Public Records) $91,500 Public Records
• 1997-09-09 Sold (Public Records) $50,000 Public Records

Property tax history

+10.8%/yr

Latest (2025): $3,774 · -0.5% YoY. Source: county tax records.