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1400 S Ocean Dr #1001
C- Composite 51.97
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 +17.5/30.0
  • 1% rule +7.9/10.0
  • ARV discount +7.5/15.0
  • DSCR +5.5/10.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$309,900

1400 S Ocean Dr #1001 · Hollywood, FL 33019
1 bd · 1.0 ba · 904 sqft · Condo public records · 26 Days on market
Built 1969 $677/mo HOA · 17% of rent

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

Listing remarks

Beachside Bliss Awaits! Welcome to your dream coastal retreat. Beautifully remodeled, 1-bedroom unit just steps from the sand! Modern finishes throughout, brand new flooring, updated and kitchen, and spa-inspired bathroom. Fully furnished with stylish, comfortable décor, move-in ready! Ocean views right from your open kitchen and living room. Prime location directly across the street from the beach and minutes from all the action. Bright and airy open layout with plenty of natural light. Convenient parking near the entrance on this one and easy access to local cafes, shops, and waterfront activities. Whether you’re looking for a full-time beach home or a vacation getaway, this

Key facts

  • Remodeled
  • Easy access
  • Natural light

Tags

REMODELEDPRIME LOCATIONOPEN KITCHENNATURAL LIGHTCONVENIENT PARKINGEASY ACCESS

Property features AI

Finance

  • Financial info: Lease considered; No pets allowed
  • HOA & community: Monthly association fee of $677; Association covers common areas, hot water, insurance, structural maintenance, and pool(s); Community amenities include clubhouse, fitness center, laundry, and elevators

Exterior

  • Parking: Guest parking available; One assigned parking space
  • Security: Secured lobby
  • Home design: Condominium unit in a high-rise building (17 stories); Entry on level 10; Property is attached
  • Construction: Block construction; Resale property
  • Exterior features: Balcony (open); Canal front with Intracoastal access and oceanfront; Has a view; Faces east

Interior

  • Kitchen: Dishwasher; Electric range; Disposal
  • Bedrooms: Bedroom located on the main level
  • Flooring: Ceramic tile
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Furnished; Walk-in closet(s); 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 1-bed/1.0-bath condo listed at $310k.

Deal economics

  • At list price, monthly cash flow is $-188 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $277k (10.7% below list).
  • Meets the 1% rule at list price ($4k rent vs $310k).
  • Recommended offer: $277k (10.7% below list) — sets the bar for cash-flow.
  • Cap rate 7.2% vs local median 3.2% in Hollywood — 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 (#232 in FL, #3,548 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, crime B+; Watch: amenities 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: Nova Blanche Forman Elementary (math 35% / reading 55%, grade D-, #1,271 of 2,144 statewide, top 60%, 769 students, 72% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); South Broward High School (math 24% / reading 49%, grade F, #351 of 667 statewide, top 54%, 2,397 students, 59% FRL).
  • Market conditions: Rents rising (+2.9%/yr); 839 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $3,988/mo this rent would consume 50% of the median local household income ($96k/yr) (locally 563% 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 $9k 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 26 days — a 2% lower offer ($305k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts 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 $130k; list at $310k implies a 138% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • 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 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $276,750 (10.7% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Built in 1969 — 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. 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
1.29%
Cap rate
7.22%
Cash-on-cash
3.30%
DSCR
1.15
GRM
6.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.92% rent growth · sell at horizon

5-year hold
IRR
-20.4%
Equity multiple
0.29×
Total profit
$-61,694
Equity at exit
$46,207
10-year hold
IRR
-13.1%
Equity multiple
0.23×
Total profit
$-67,194
Equity at exit
$26,794

Cash invested: $86,772 (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 33019

Rents YoY
2.9%
Active inventory
839
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$3,988 high interval (Pro) →
Mortgage (P&I)
$1,625
Tax from tax record
$481 /mo · $5,768/yr
Insurance
$129
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$677
Vacancy / Maint / Mgmt
$838
Net cashflow
$-188

Break-even live

Break-even rent $4,226
Max offer price $276,750
Occupancy floor 100%

Sensitivity live

Price -10% $-12 -5% $-100 +0% $-188 +5% $-275 +10% $-363
Rent -10% $-503 -5% $-345 +0% $-188 +5% $-30 +10% $127
Rate -1.0pp $-32 -0.5pp $-109 base $-188 +0.5pp $-268 +1.0pp $-350

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
$77,475
Closing costs
$9,297
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
1803 S Ocean Dr Unit 1540434P Hollywood, FL 1.0 1.0 796 $5,306 $6.67 0d 1 0.12mi
809 S Ocean Dr Unit 1227349P Hollywood, FL 2.0 1.0 990 $3,768 $3.81 15d 1 0.30mi
322 Oregon St Unit 1077064P Hollywood, FL 1.0–3.0 1.0–2.0 780 $2,352 $3.02 0d 2 0.40mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $3,800 $3.91 21d 8 0.40mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,000 $4.12 9d 7 0.40mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,400 $4.53 12d 6 0.40mi
2501 S Ocean Dr Hollywood, FL 1.0–2.0 1.0–2.0 971 $4,200 $4.32 16d 7 0.40mi
300 Oregon St #601 Hollywood, FL 2.0 2.0 1050 $4,000 $3.81 26d 1 0.40mi
324 Van Buren St Unit 1358006P Hollywood, FL 1.0–2.0 1.0 731 $2,741 $3.75 0d 2 0.51mi
101 N Ocean Dr Unit 1227219P Hollywood, FL 2.0 2.0 990 $4,444 $4.49 9d 1 0.66mi
3505 S Ocean Dr Hollywood, FL 1.0–2.0 1.5–2.0 1085 $3,600 $3.32 12d 18 0.67mi
3505 S Ocean Dr Hollywood, FL 1.0–2.0 1.5–2.0 1085 $3,900 $3.59 14d 17 0.67mi
3505 S Ocean Dr Unit 1049820P Hollywood, FL 1.0 1.0 785 $4,605 $5.87 0d 1 0.67mi
3725 S Ocean Dr Hollywood, FL 2.0–3.0 2.0 1377 $4,000 $2.90 15d 8 0.90mi
3725 S Ocean Dr Hollywood, FL 2.0–3.0 2.0 1377 $4,000 $2.90 4d 7 0.90mi
3801 S Ocean Dr Unit 4R Hollywood, FL 1.0 1.0 812 $3,850 $4.74 26d 1 0.95mi
3801 S Ocean Dr Unit 4R Hollywood, FL 1.0 1.0 812 $3,850 $4.74 0d 1 0.95mi
3901 S Ocean Dr Unit 1227197P Hollywood, FL 1.0–2.0 1.0–2.0 1054 $2,727 $2.59 3d 2 1.02mi
3901 S Ocean Dr Unit 10Z Hollywood, FL 1.0 1.0 874 $4,000 $4.58 5d 1 1.02mi
3901 S Ocean Dr Unit 11M Hollywood, FL 1.0 1.0 874 $4,400 $5.03 5d 1 1.02mi
3901 S Ocean Dr Unit 10Z Hollywood, FL 1.0 1.0 874 $4,000 $4.58 26d 1 1.02mi
3901 S Ocean Dr Unit 11M Hollywood, FL 1.0 1.0 874 $4,400 $5.03 26d 1 1.02mi
3901 S Ocean Dr Unit 10M Hollywood, FL 1.0 1.0 874 $5,000 $5.72 26d 1 1.02mi
4001 S Ocean Dr Hollywood, FL 2.0–3.0 1.5–3.0 1471 $4,800 $3.26 26d 3 1.08mi
4001 S Ocean Dr Hollywood, FL 2.0–3.0 1.5–3.0 1471 $4,000 $2.72 23d 4 1.08mi
4010 S Ocean Dr Unit R2102 Hollywood, FL 2.0 2.0 1075 $6,500 $6.05 26d 1 1.11mi
4010 S Ocean Dr Unit T3609 Hollywood, FL 2.0 2.0 1060 $6,300 $5.94 5d 1 1.11mi
4010 S Ocean Dr Unit T3609 Hollywood, FL 2.0 2.0 1060 $6,300 $5.94 26d 1 1.11mi
4010 S Ocean Dr Unit T3509 Hollywood, FL 2.0 2.0 1060 $6,000 $5.66 23d 1 1.11mi
4010 S Ocean Dr Unit 1388506P Hollywood, FL 2.0 2.0 1097 $4,881 $4.45 9d 1 1.11mi
4010 S Ocean Dr Unit 1227249P Hollywood, FL 1.0–3.0 1.5–2.5 1140 $3,991 $3.50 0d 3 1.11mi
4010 S Ocean Dr Hollywood, FL 1.0–3.0 1.0–3.5 1078 $5,000 $4.64 26d 5 1.11mi
4111 S Ocean Dr Unit 1022174P Hollywood, FL 1.0 1.0 850 $4,166 $4.90 0d 1 1.12mi
4111 S Ocean Dr Unit 1296213P Hollywood, FL 1.0–3.0 1.0–3.0 1248 $4,456 $3.57 0d 3 1.12mi
4111 S Ocean Dr Unit 1557596P Hollywood, FL 1.0 1.0 796 $5,356 $6.73 9d 1 1.12mi
4111 S Ocean Dr #1810 Hollywood, FL 1.0 1.0 1000 $5,500 $5.50 26d 1 1.12mi
2721 E Hallandale Beach Blvd Unit 1049818P Hollywood, FL 1.0–2.0 1.0–2.0 946 $3,355 $3.54 5d 2 1.14mi
1800 S Ocean Dr #4209 Hallandale Beach, FL 2.0 1.0 1086 $4,000 $3.68 3d 1 1.20mi
1800 S Ocean Dr #4209 Hallandale Beach, FL 2.0 1.0 1086 $4,000 $3.68 22d 1 1.20mi
1800 S Ocean Dr #909 Hallandale Beach, FL 2.0 1.0 1086 $4,000 $3.68 26d 1 1.20mi

HOA detail condo

Monthly dues
$677 · $8,124/yr
Likely covers
water
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 25 events

  1. 2026-06-21
    days on market $309,900 Active 26 DOM
  2. 2026-06-18
    days on market $309,900 Active 23 DOM
  3. 2026-06-17
    days on market $309,900 Active 22 DOM
  4. 2026-06-16
    days on market $309,900 Active 21 DOM
  5. 2026-06-15
    days on market $309,900 Active 20 DOM
  6. 2026-06-13
    days on market $309,900 Active 18 DOM
  7. 2026-06-09
    days on market $309,900 Active 14 DOM
  8. 2026-06-08
    days on market $309,900 Active 13 DOM
  9. 2026-06-07
    days on market $309,900 Active 12 DOM
  10. 2026-06-04
    days on market $309,900 Active 9 DOM
  11. 2026-06-03
    days on market $309,900 Active 8 DOM
  12. 2026-06-02
    days on market $309,900 Active 7 DOM
  13. 2026-06-01
    days on market $309,900 Active 6 DOM
  14. 2026-05-31
    days on market $309,900 Active 5 DOM
  15. 2026-05-26
    listed $309,900 Active
  16. 2026-05-05
    historical
  17. 2026-03-26
    price $309,000
  18. 2026-01-08
    price $324,900
  19. 2025-11-06
    listed $329,900 Active
  20. 2025-10-25
    historical
  21. 2025-04-29
    listed $345,000 Active
  22. 2011-11-07
    soldstatus $130,000
  23. 1997-04-11
    soldstatus $63,500
  24. 1993-07-14
    soldstatus $60,000
  25. 1992-03-17
    soldstatus $52,000

ⓘ 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
$5,768 · $481/mo
Projected year-2 tax
$5,768 · $481/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 7 d/yr ≥104°F today · 26 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$47,860
− Mortgage interest
−$17,359
− Property taxes
−$5,768
− Insurance
−$6,668
− Repairs & maintenance
−$3,829
− Management
−$3,829
− HOA
−$8,124
− Depreciation
−$9,015
Taxable loss
−$6,732
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,616
After-tax cash flow
$-636/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 — Hollywood

Score
76/100
State rank
#232
US rank
#3548

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Hollywood, FL
County
Broward County · 1,963,430 people
City population
109,079
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
14,293
Household income
$96,497
Rent vs Own
24.0% rent · 76.0% own
Severe rent burden
563.0

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
Majority White (61%)
Race & ethnicity
White 61% Hispanic / Latino 32% Two or more races 25% Black 2%
Hispanic origin (detail)
Puerto Rican 2% Cuban 6% Salvadoran 2%
Common ancestry
Scotch-Irish 7% Romanian 4% Lithuanian 4%
Foreign-born
43% · Canada, Jamaica, Dominican Republic
Languages at home
53% English-only · Spanish 30% Russian/Polish/Slavic 6% Other Indo-European 4%

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
▼ -434.82%
Current HPI
307.2922
Rent YoY
▲ 2.92%
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

+496.0% since first listed
11 events — show timeline
  • 2026-05-26 Listed $309,900 MARMLS
  • 2026-05-05 Listing Removed MARMLS
  • 2026-03-26 Price Changed $309,000 MARMLS
  • 2026-01-08 Price Changed $324,900 MARMLS
  • 2025-11-06 Listed $329,900 MARMLS
  • 2025-10-25 Listing Removed MARMLS
  • 2025-04-29 Listed $345,000 MARMLS
  • 2011-11-07 Sold (Public Records) $130,000 Public Records
  • 1997-04-11 Sold (Public Records) $63,500 Public Records
  • 1993-07-14 Sold (Public Records) $60,000 Public Records
  • 1992-03-17 Sold (Public Records) $52,000 Public Records

Property tax history

+15.7%/yr

Latest (2025): $5,768 · +4.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…