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9070 Lime Bay Blvd #209 🌊 Lakefront
B- Composite 67.72
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 +27.9/30.0
  • 1% rule +10.0/10.0
  • DSCR +9.9/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.0/5.0
  • Appreciation +0.0/10.0

$88,000

9070 Lime Bay Blvd #209 · Tamarac, FL 33321
1 bd · 2.0 ba · 750 sqft · Condo public records · 99 Days on market
Built 1974 $518/mo HOA · 27% of rent

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

Listing remarks

FOR RENT / SALEDiscover an amazing opportunity to make this beautifully upgraded lakeside condo your own! Located in the desirable Lime Bay community of Tamarac, this bright and spacious 1-bedroom, 1.5-bath second-floor unit offers stunning golf course and lakefront views. Enjoy a modern interior featuring brand-new flooring, upgraded kitchen cabinetry, countertops, and sink, fully renovated bathrooms, and new appliances including water heater. Seller will consider installing Hurricane impact doors and windows along with new ac. Community has reserves- 20% DP required. Residents have access to exceptional community amenities, including a resort-style pool, Jacuzzi, shuffleboard room, and co

Key facts

  • Lakeside condo
  • New appliances
  • Golf course views

Tags

LAKESIDE CONDOGOLF COURSE VIEWSLAKEFRONT VIEWSUPGRADED KITCHEN CABINETRYFULLY RENOVATED BATHROOMSNEW APPLIANCES

Property features AI

Finance

  • Other: Senior community
  • Financial info: Pets allowed with no restrictions
  • HOA & community: Monthly association fee; Association amenities: Clubhouse, Fitness Center, Golf Course, Jogging Path, Picnic Area, Shuffleboard Court, Courtesy Bus, Internet included, Security; Association fee covers: Grounds maintenance, Sewer, Trash, Water, Common areas, Elevator, Golf, Reserve funds, Roof repairs, Recreation facility, Pool service

Exterior

  • Parking: Community parking (association provides parking)
  • Security: Security patrol; Smoke detectors
  • Utilities: Cable available; Sewer included in association; Water included in association
  • Home design: Condominium; Resale property; Second-floor entry; Three-story building
  • Construction: Block construction
  • Exterior features: Screened porch; Patio; Porch; On golf course; Waterfront (no specific waterfront features listed)

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Garbage disposal; Trash compactor; Electric water heater; Pantry
  • Bedrooms: One bedroom on the main level
  • Flooring: Laminate flooring
  • Bathrooms: One full bathroom; One half bathroom
  • Heating & cooling: Central heating; Central air conditioning; Ceiling fans
  • Interior features: Walk-in closets; Closet cabinetry; Accessible elevator installed; Smoke detectors; Security patrol
  • Laundry & utility: Washer/Dryer connections (laundry details not specified)

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/2.0-bath condo listed at $88k.

Deal economics

  • At list price, monthly cash flow is $271 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $88k).
  • Recommended offer: $80k (9.0% below list) — sets the bar for market timing.
  • Cap rate 10.0% vs local median 3.9% in Tamarac — 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 76/100 on livability (#239 in FL, #3,785 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A-; Watch: employment C-, amenities F, commute 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 soft (-1.9%/yr); 588 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 36% of the median local income ($62k/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 $608 of loan paydown is wiped out by about $3k 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 ($80k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 2y ago; this cycle's ask is 5233% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $55k; list at $88k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: property tax is 2.8% of price; HOA is 27% of rent.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $80,080 (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 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  9. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
  10. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
  11. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
  12. 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.
  13. 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.
  14. 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
2.14%
Cap rate
9.99%
Cash-on-cash
13.22%
DSCR
1.59
GRM
3.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-2.4%
Equity multiple
0.91×
Total profit
$-2,098
Equity at exit
$13,121
10-year hold
IRR
0.5%
Equity multiple
1.03×
Total profit
$705
Equity at exit
$7,609

Cash invested: $24,640 (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 33321

Home prices YoY
-30.4%
Rents YoY
-1.9%
Active inventory
588
Price-to-rent
3.9×

Monthly cashflow live

Estimated rent
$1,887 high interval (Pro) →
Mortgage (P&I)
$461
Tax from tax record
$203 /mo · $2,435/yr
Insurance
$37
HOA
$518
Vacancy / Maint / Mgmt
$396
Net cashflow
$271

Break-even live

Break-even rent $1,543
Max offer price $88,000
Occupancy floor 81%

Sensitivity live

Price -10% $321 -5% $296 +0% $271 +5% $247 +10% $222
Rent -10% $122 -5% $197 +0% $271 +5% $346 +10% $420
Rate -1.0pp $316 -0.5pp $294 base $271 +0.5pp $249 +1.0pp $225

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
$22,000
Closing costs
$2,640
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
9091 Lime Bay Blvd #212 Tamarac, FL 1.0 1.0 700 $1,500 $2.14 11d 1 0.09mi
8601 W McNab Rd Tamarac, FL 3.0 1.0–2.0 993 $2,211 $2.23 4d 11 0.32mi
9315 Wedgewood Dr Unit B19 Tamarac, FL 2.0 2.0 1060 $2,495 $2.35 25d 1 0.33mi
9301 Lime Bay Blvd Tamarac, FL 1.0–2.0 1.5–2.0 850 $1,400 $1.65 25d 2 0.33mi
9330 Lime Bay Blvd #301 Tamarac, FL 2.0 2.0 950 $1,650 $1.74 25d 1 0.37mi
9311 Wedgewood Dr Unit A19 Tamarac, FL 2.0 2.0 1060 $2,500 $2.36 25d 1 0.38mi
9360 Lime Bay Blvd #314 Tamarac, FL 1.0 1.5 750 $1,640 $2.19 15d 1 0.38mi
9234 Wedgewood Ln Unit D7 Tamarac, FL 2.0 2.0 1060 $2,500 $2.36 25d 1 0.40mi
9401 Lime Bay Blvd #305 Tamarac, FL 2.0 2.0 950 $1,850 $1.95 25d 1 0.42mi
8310 Sands Point Blvd Unit L305 Tamarac, FL 1.0 1.5 825 $1,600 $1.94 8d 1 0.43mi
7435 Woodmont Ter #202 Tamarac, FL 2.0 2.0 926 $1,850 $2.00 17d 1 0.46mi
7410 Woodmont Ter #204 Tamarac, FL 2.0 2.0 926 $1,880 $2.03 15d 1 0.48mi
9499 W McNab Rd #208 Tamarac, FL 2.0 2.0 820 $2,050 $2.50 22d 1 0.50mi
8311 Sands Point Blvd Unit 106 Tamarac, FL 1.0 1.5 825 $1,750 $2.12 8d 1 0.54mi
8650 NW 61st St Tamarac, FL 2.0 1.0 925 $3,870 $4.18 25d 1 0.55mi
8650 NW 61st St Tamarac, FL 2.0 1.0 925 $2,881 $3.11 19d 1 0.55mi
8650 NW 61st St Tamarac, FL 1.0–2.0 1.0 866 $1,737 $2.01 2d 17 0.55mi
8301 Sands Point Blvd Unit 306S Tamarac, FL 1.0 1.5 850 $1,650 $1.94 18d 1 0.57mi
9608 W McNab Rd #103 Tamarac, FL 2.0 2.0 820 $1,750 $2.13 22d 1 0.60mi
8405 NW 61st St Unit D305 Tamarac, FL 2.0 2.0 1040 $1,770 $1.70 8d 1 0.67mi
9065 Preston Pl Unit 16202 Tamarac, FL 2.0 2.0 1036 $2,650 $2.56 25d 1 0.67mi
9070 Preston Pl #9070 Tamarac, FL 2.0 2.0 1036 $2,500 $2.41 22d 1 0.69mi
7630 Westwood Dr #327 Tamarac, FL 1.0 1.0 741 $1,550 $2.09 3d 1 0.72mi
7630 Westwood Dr #327 Tamarac, FL 1.0 1.0 741 $1,550 $2.09 15d 1 0.72mi
5819 Hampton Hills Blvd Tamarac, FL 2.0 2.0 1077 $2,450 $2.27 20d 1 0.73mi
7640 Westwood Dr Tamarac, FL 2.0–3.0 2.0 1169 $1,850 $1.58 17d 2 0.73mi
9064 Plymouth Pl #9064 Tamarac, FL 2.0 2.0 1036 $2,550 $2.46 21d 1 0.74mi
8060 Colony Cir N Tamarac, FL 1.0 1.5 750 $1,600 $2.13 18d 2 0.76mi
8060 Colony Cir N #208 Tamarac, FL 1.0 1.5 750 $1,700 $2.27 15d 1 0.77mi
8051 S Colony Cir Apt S205 Tamarac, FL 2.0 2.0 949 $1,650 $1.74 4d 1 0.78mi
8050 W McNab Rd #206 Tamarac, FL 2.0 2.0 1040 $1,890 $1.82 15d 1 0.78mi
8050 W McNab Rd #206 Tamarac, FL 2.0 2.0 1040 $1,890 $1.82 8d 1 0.78mi
9920 NW 68th Pl Tamarac, FL 2.0 2.0 890 $1,975 $2.22 25d 2 0.79mi
7670 Westwood Dr #703 Tamarac, FL 2.0 2.0 984 $1,850 $1.88 25d 1 0.80mi
7610 Westwood Dr Tamarac, FL 2.0–3.0 2.0 1017 $1,980 $1.95 17d 1 0.81mi
8000 Lagos De Campo Blvd Unit A-303 Tamarac, FL 1.0 1.5 746 $1,775 $2.38 25d 1 0.82mi
8000 Lagos De Campo Blvd Unit A-307 Tamarac, FL 2.0 2.0 1078 $2,250 $2.09 21d 1 0.82mi
8205 NW 61st St Unit B202 Tamarac, FL 2.0 2.0 1100 $2,000 $1.82 25d 1 0.85mi
8800 NW 78th Ct Tamarac, FL 1.0–2.0 1.0–2.0 910 $1,908 $2.10 2d 15 0.86mi
8000 Colony Cir S #305 Tamarac, FL 2.0 2.0 949 $1,800 $1.90 8d 1 0.86mi

HOA detail condo

Monthly dues
$518 · $6,216/yr
Likely covers
waterpool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 34 events

  1. 2026-06-18
    days on market $88,000 Active 99 DOM
  2. 2026-06-17
    days on market $88,000 Active 98 DOM
  3. 2026-06-16
    days on market $88,000 Active 97 DOM
  4. 2026-06-15
    days on market $88,000 Active 96 DOM
  5. 2026-06-13
    pricedays on market $88,000 Active 94 DOM
  6. 2026-06-09
    days on market $110,000 Active 90 DOM
  7. 2026-06-07
    days on market $110,000 Active 88 DOM
  8. 2026-06-04
    days on market $110,000 Active 85 DOM
  9. 2026-06-03
    days on market $110,000 Active 84 DOM
  10. 2026-06-02
    days on market $110,000 Active 83 DOM
  11. 2026-06-01
    days on market $110,000 Active 82 DOM
  12. 2026-05-31
    days on market $110,000 Active 81 DOM
  13. 2026-04-29
    price $1,500
  14. 2026-04-10
    listed $1,650
  15. 2026-04-09
    historical $1,650
  16. 2025-08-14
    listed $1,650
  17. 2025-08-13
    listed $110,000 Active
  18. 2024-09-13
    historical $1,500
  19. 2024-09-11
    listed $1,500
  20. 2024-09-11
    historical $1,500
  21. 2024-09-10
    listed $1,500
  22. 2024-09-10
    historical $1,500
  23. 2024-09-07
    listed $1,500
  24. 2024-09-07
    historical $1,500
  25. 2024-09-05
    listed $1,500
  26. 2024-09-05
    historical $1,500
  27. 2024-09-05
    listed $1,500
  28. 2024-09-04
    historical $1,500
  29. 2024-06-21
    listed $1,500
  30. 2021-11-09
    soldstatus $55,000
  31. 2005-08-06
    soldstatus $65,900
  32. 1997-05-15
    soldstatus $22,000
  33. 1978-07-01
    soldstatus $28,000
  34. 1978-07-01
    soldstatus $28,000

ⓘ 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
$2,435 · $203/mo
Projected year-2 tax
$2,435 · $203/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 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 9/10 Extreme 6 d/yr ≥106°F today · 22 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,640
− Mortgage interest
−$4,929
− Property taxes
−$2,435
− Insurance
−$440
− Repairs & maintenance
−$1,811
− Management
−$1,811
− HOA
−$6,216
− Depreciation
−$2,560
Taxable income
$2,437
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$585
After-tax cash flow
$2,672/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 — Tamarac

Score
76/100
State rank
#239
US rank
#3785

Category grades

Amenities F Commute F Cost of living A- 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
Tamarac, FL
County
Broward County · 1,963,430 people
City population
105,666
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
51,216
Household income
$62,066
Rent vs Own
22.2% rent · 77.8% own
Severe rent burden
1394.0

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 0.70)
Race & ethnicity
Hispanic / Latino 34% White 33% Black 27% Two or more races 20% Asian 3%
Hispanic origin (detail)
Mexican 2% Puerto Rican 5% Cuban 5% Dominican 3%
Common ancestry
Romanian 3% Hispanic 3% Scotch-Irish 2%
Foreign-born
38% · Canada, Jamaica, Dominican Republic
Languages at home
63% English-only · Spanish 29% French/Haitian/Cajun 4% 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
▼ -158.63%
Current HPI
362.2989
Rent YoY
▼ -1.86%
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

-94.6% since first listed
22 events — show timeline
  • 2026-04-29 Price Changed $1,500 RMLSFL
  • 2026-04-10 Listed for Rent $1,650 RMLSFL
  • 2026-04-09 Rental Removed $1,650 GFLMLS
  • 2025-08-14 Listed for Rent $1,650 GFLMLS
  • 2025-08-13 Listed $110,000 Beaches MLS
  • 2024-09-13 Rental Removed $1,500 REALLYO
  • 2024-09-11 Listed for Rent $1,500 REALLYO
  • 2024-09-11 Rental Removed $1,500 REALLYO
  • 2024-09-10 Listed for Rent $1,500 REALLYO
  • 2024-09-10 Rental Removed $1,500 REALLYO
  • 2024-09-07 Listed for Rent $1,500 REALLYO
  • 2024-09-07 Rental Removed $1,500 REALLYO
  • 2024-09-05 Listed for Rent $1,500 REALLYO
  • 2024-09-05 Rental Removed $1,500 REALLYO
  • 2024-09-05 Listed for Rent $1,500 REALLYO
  • 2024-09-04 Rental Removed $1,500 GFLMLS
  • 2024-06-21 Listed for Rent $1,500 GFLMLS
  • 2021-11-09 Sold (Public Records) $55,000 Public Records
  • 2005-08-06 Sold (Public Records) $65,900 Public Records
  • 1997-05-15 Sold (Public Records) $22,000 Public Records
  • 1978-07-01 Sold (Public Records) $28,000 Public Records
  • 1978-07-01 Sold (Public Records) $28,000 Public Records

Property tax history

+17.2%/yr

Latest (2025): $2,435 · +16.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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