3161 S Ocean Dr Apt 1107 Apt 1107
18.2 · Low
3161 S Ocean Dr Apt 1107 Apt 1107 photo 2
3161 S Ocean Dr Apt 1107 Apt 1107 photo 3
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3161 S Ocean Dr Apt 1107 Apt 1107

Hallandale Beach · Broward County · FL 33009

condo days on market

Property Details

List Price$500,000
Bedrooms2
Bathrooms2
Living Area1,092 sqft
Lot Size—
Year Built1971
Listed2026-05-03

Investment Estimate

Est. Monthly Rent$4,250/mo
Est. Cap Rate10.20%
Gross Rent Multiplier9.8

Description

EXQUISITELY RENOVATED condo offering breathtaking, unobstructed skyline, ocean, and Intracoastal views. Highly desirable location in a well-managed building. PHOTOS are coming..

Source: realtor.com · ID: broward-realtor-6006404050 · Last seen: 5/3/2026

Score Breakdown

Composite score:18.2/ 100

Each factor is normalized 0–100 within its county (percentile rank). Contributions show how many points each factor added to the composite score.

Cap Rate(weight 35%)
3.0contributes +1.0 pts

Estimated annual rent yield relative to list price, normalized within county.

Population Growth(weight 20%)
48.0contributes +9.6 pts

Zip-level YoY population growth from Census ACS estimates.

Employment Growth(weight 15%)
50.0contributes +7.5 pts

Metro-level employment and wage growth from BLS QCEW data.

Price Trend(weight 15%)
0.0contributes +0.0 pts

Zip-level YoY median sale price change from Redfin Data Center.

Flood Penalty(weight 15%)
0.0contributes +0.0 pts

FEMA NFHL flood zone severity. Lower is better (0 = no risk, 100 = high risk).

Sub-scores reflect data available at scoring time. Market, demographic, and employment data cached up to 30 days — see footer for freshness.

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