Listed by Brian Hero · ONE Sotheby's International Realty
Typecondos
Built1971
Price / sqft$1014
Est. value (own analysis)$1,050,000
Rent estimate (own analysis)$6,000/mo
HOA$2,194/mo
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Statusfor_sale
Listed date2026-07-19
Removed date—
MLSMiamiMLS #A12055613
Coordinates26.09597, -80.10691
Address2200 S Ocean Ln Apt 2205
CityFort Lauderdale
StateFL
Zip33316
Listing ID5669021501
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33316)
Median sale price$900,000
Median days on market (sale)121
Active sale listings368
Median rent$2,500/mo
Median days on market (rent)34
Active rental listings281
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)
CapEx reserve (5.0% of GSR)
$300$3,600
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)
$0$0
Cash flow
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
Address
Type
Beds
Baths
Sqft
Asking rent
Listed
Days on market
condos
2
2
1,905
$9,500
2026-07-03
—
condos
2
2
2,011
$5,000
2026-04-12
—
condos
2
2
1,905
$7,999
2026-03-11
—
condos
2
2
2,011
$4,500
2026-06-02
—
condos
2
2
2,011
$6,000
2026-08-07
—
condos
2
3
2,244
$5,000
2026-08-10
—
condos
2
2
1,722
$5,100
2026-07-22
—
condos
2
2
1,609
$4,900
2026-07-19
—
condos
2
2
1,650
$5,000
2026-03-11
—
apartment
2
2
2,094
$3,200
2026-08-14
—
condos
2
2
2,003
$9,000
2026-04-20
—
condos
2
3
1,460
$4,400
2026-07-04
—
condos
2
2
2,116
$6,400
2025-09-02
—
condos
2
2
1,905
$10,000
2026-04-10
—
condos
2
3
1,435
$10,000
2026-03-11
—
condos
2
2
1,879
$6,000
2026-03-04
—
condos
2
3
2,226
$8,500
2026-03-11
—
condos
2
2
1,609
$7,500
2026-08-08
—
condos
2
3
1,770
$6,200
2026-06-26
—
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.