2800 NW 56th Ave Unit B306 · Lauderhill, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +27.7/30.0
- 1% rule +10.0/10.0
- DSCR +9.7/10.0
- 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
$110,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Excellent investment opportunity located at 2800 NW 56 Ave, Lauderhill, FL 33313. This 2-bedroom, 2-bathroom property is being sold AS IS and is ideal for investors or contractors looking for a project with strong potential. Featuring a solid structure and a convenient location close to shopping, schools, major highways, and public transportation. With some updates and improvements, this home could become a great flip or rental income property. Highlights: 2 Bedrooms / 2 Bathrooms Great location in Lauderhill Investor-friendly / Fix & Flip potential Sold AS IS Don't miss the chance to bring this property back to life and maximize its value!
Key facts
- Close to schools
- Convenient location
- Solid structure
Tags
Property features AI
Finance
- Other: Pets allowed with breed restrictions
- HOA & community: Community pool; HOA fees paid monthly
Exterior
- Parking: Garage (1 space, covered)
- Utilities: No utilities listed
- Home design: Condominium; Single-story; Faces south; Resale condition
- Construction: Block and concrete construction; Built with appraiser-recorded building area
- Exterior features: Not waterfront
Interior
- Bedrooms: 2 bedrooms (main level)
- Flooring: Other
- Bathrooms: 2 full bathrooms (main level)
- Interior features: Unfurnished; Other flooring
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $110k.
Deal economics
- At list price, monthly cash flow is $331 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $110k).
- Recommended offer: $97k (12.0% below list) — sets the bar for market timing.
- Cap rate 9.9% vs local median 4.3% in Lauderhill — 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 79/100 on livability (#139 in FL, #2,059 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, employment D, amenities 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 flat; 656 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $1,888/mo this rent would consume 49% of the median local household income ($46k/yr) (locally 5692% 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 $761 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 239 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
- Current owner paid $34k; list at $110k implies a 224% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: 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.
Questions for the listing agent
- It's been on market 239 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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.
- 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.
- 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
- 1.72% ✓
- Cap rate
- 9.90%
- Cash-on-cash
- 12.88%
- DSCR
- 1.57
- GRM
- 4.9
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.26% rent growth · sell at horizon
- IRR
- -1.4%
- Equity multiple
- 0.95×
- Total profit
- $-1,563
- Equity at exit
- $16,401
- IRR
- 3.9%
- Equity multiple
- 1.23×
- Total profit
- $7,185
- Equity at exit
- $9,511
Cash invested: $30,800 (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
ZIP-level market 33313
- Rents YoY
- 0.3%
- Active inventory
- 656
- Price-to-rent
- 4.9×
Monthly cashflow live
- Estimated rent
- $1,888 high interval (Pro) →
- Mortgage (P&I)
- −$577
- Tax from tax record
- −$208 /mo · $2,500/yr
- Insurance
- −$46
- HOA
- −$330
- Vacancy / Maint / Mgmt
- −$396
- Net cashflow
- $331
Break-even live
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
- $27,500
- Closing costs
- $3,300
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2800 NW 56th Ave Lauderhill, FL | 1.0–2.0 | 1.0–2.0 | 847 | $1,850 | $2.18 | 24d | 8 | 0.01mi |
| 2800 NW 56th Ave Lauderhill, FL | 1.0–2.0 | 1.0–2.0 | 847 | $1,850 | $2.18 | 15d | 6 | 0.01mi |
| 2800 NW 56th Ave Lauderhill, FL | 1.0–2.0 | 1.0–2.0 | 847 | $1,850 | $2.18 | 3d | 8 | 0.01mi |
| 2800 NW 56th Ave Lauderhill, FL | 1.0–2.0 | 1.0–2.0 | 847 | $1,850 | $2.18 | 22d | 7 | 0.01mi |
| 2800 NW 56th Ave Lauderhill, FL | 1.0–2.0 | 1.0–2.0 | 847 | $1,850 | $2.18 | 4d | 8 | 0.01mi |
| 2900 NW 56th Ave Lauderhill, FL | 1.0–2.0 | 1.0–2.0 | 1030 | $1,975 | $1.92 | 24d | 1 | 0.06mi |
| 2580 NW 56th Ave Lauderhill, FL | 1.0–2.0 | 1.0–2.0 | 1007 | $2,053 | $2.04 | 1d | 11 | 0.16mi |
| 2810 NW 55th Ave Unit 2A Lauderhill, FL | 2.0 | 2.0 | 1060 | $2,000 | $1.89 | 7d | 1 | 0.23mi |
| 2814 NW 55th Ave Unit 1B Lauderhill, FL | 2.0 | 2.0 | 1070 | $1,800 | $1.68 | 24d | 1 | 0.23mi |
| 2982 NW 55th Ave Unit 2C Lauderhill, FL | 1.0 | 1.5 | 840 | $1,600 | $1.90 | 24d | 1 | 0.26mi |
| 2591 NW 56th Ave Lauderhill, FL | 2.0 | 1.0 | 812 | $1,995 | $2.46 | 24d | 1 | 0.26mi |
| 2571 NW 56th Ave Unit G Lauderhill, FL | 2.0 | 2.0 | 950 | $1,895 | $1.99 | 24d | 1 | 0.31mi |
| 2427 NW 55th Ter Unit 2427 Lauderhill, FL | 2.0 | 1.0 | 849 | $2,400 | $2.83 | 24d | 1 | 0.31mi |
| 5231 NW 27th St Unit 8A Lauderhill, FL | 2.0 | 1.5 | 1020 | $1,900 | $1.86 | 24d | 1 | 0.32mi |
| 5223 NW 27th St Unit 9B Fort Lauderdale, FL | 2.0 | 1.5 | 940 | $1,750 | $1.86 | 24d | 1 | 0.32mi |
| 2551 NW 56th Ave Unit 1-20 Lauderhill, FL | 2.0 | 2.0 | 1014 | $1,900 | $1.87 | 10d | 1 | 0.33mi |
| 2551 NW 56th Ave Unit 1-20 Lauderhill, FL | 2.0 | 2.0 | 1014 | $1,900 | $1.87 | 24d | 1 | 0.33mi |
| 2481 NW 56th Ave Unit 6-16 Lauderhill, FL | 1.0 | 1.0 | 745 | $1,600 | $2.15 | 17d | 1 | 0.33mi |
| 2914 NW 55th Ave Lauderhill, FL | 1.0 | 2.0 | 840 | $1,600 | $1.90 | 12d | 1 | 0.33mi |
| 2914 NW 55th Ave Unit 1D Lauderhill, FL | 1.0 | 1.5 | 840 | $1,600 | $1.90 | 17d | 1 | 0.33mi |
| 2561 NW 56th Ave Lauderhill, FL | 2.0 | 1.0 | 812 | $1,925 | $2.37 | 24d | 1 | 0.34mi |
| 2916 NW 55th Ave Unit 2A Lauderhill, FL | 2.0 | 2.0 | 1060 | $2,200 | $2.08 | 7d | 1 | 0.35mi |
| 2360 NW 56th Ave Lauderhill, FL | 1.0–3.0 | 1.0–2.0 | 924 | $2,650 | $2.87 | 2d | 22 | 0.36mi |
| 2481 NW 56th Ave Unit 105 Lauderhill, FL | 1.0 | 1.5 | 800 | $1,400 | $1.75 | 24d | 1 | 0.37mi |
| 2604 NW 52nd Ave Unit C15 Lauderhill, FL | 2.0 | 1.5 | 940 | $1,800 | $1.91 | 24d | 1 | 0.38mi |
| 2606 NW 52nd Ave Unit D15 Lauderhill, FL | 2.0 | 1.5 | 1020 | $1,950 | $1.91 | 24d | 1 | 0.39mi |
| 2915 NW 60th Ave Sunrise, FL | 2.0 | 2.0 | 1010 | $2,100 | $2.08 | 24d | 1 | 0.39mi |
| 2552 NW 52nd Ave Unit B19 Lauderhill, FL | 2.0 | 1.5 | 940 | $1,900 | $2.02 | 4d | 1 | 0.40mi |
| 2431 NW 56th Ave Unit 5-201 Lauderhill, FL | 2.0 | 2.0 | 855 | $1,800 | $2.11 | 24d | 1 | 0.41mi |
| 2512 NW 52nd Ave Unit 22B Lauderhill, FL | 2.0 | 1.5 | 940 | $1,700 | $1.81 | 17d | 1 | 0.42mi |
| 5323 NW 24th St #118 Lauderhill, FL | 2.0 | 1.0 | 829 | $1,550 | $1.87 | 24d | 1 | 0.42mi |
| 6108 NW 26th St Sunrise, FL | 1.0–3.0 | 1.0–2.0 | 925 | $2,138 | $2.31 | 1d | 42 | 0.45mi |
| 5405 NW 23rd St #187 Lauderhill, FL | 2.0 | 1.0 | 829 | $1,850 | $2.23 | 4d | 1 | 0.45mi |
| 5314 NW 24th St #143 Lauderhill, FL | 2.0 | 1.0 | 829 | $1,995 | $2.41 | 20d | 1 | 0.46mi |
| 2410 NW 52nd Ave #2410 Lauderhill, FL | 2.0 | 1.5 | 1020 | $1,700 | $1.67 | 5d | 1 | 0.48mi |
| 2410 NW 52nd Ave #2410 Lauderhill, FL | 2.0 | 1.5 | 1020 | $1,700 | $1.67 | 14d | 1 | 0.48mi |
| 5833 NW 22nd Ct Lauderhill, FL | 2.0 | 1.0 | 900 | $1,975 | $2.19 | 24d | 1 | 0.51mi |
| 2306 NW 52nd Ave Lauderhill, FL | 2.0 | 1.5 | 1020 | $1,900 | $1.86 | 17d | 1 | 0.52mi |
| 5111 W Oakland Park Blvd #301 Lauderdale Lakes, FL | 2.0 | 2.0 | 944 | $1,700 | $1.80 | 5d | 1 | 0.52mi |
| 2148 NW 57th Ave Unit 14E Lauderhill, FL | 3.0 | 2.0 | 1080 | $2,300 | $2.13 | 24d | 1 | 0.53mi |
HOA detail condo
- Monthly dues
- $330 · $3,960/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 15 events
-
2026-06-18days on market $110,000 Active 239 DOM
-
2026-06-17days on market $110,000 Active 238 DOM
-
2026-06-16days on market $110,000 Active 237 DOM
-
2026-06-15days on market $110,000 Active 236 DOM
-
2026-06-13days on market $110,000 Active 234 DOM
-
2026-06-09days on market $110,000 Active 230 DOM
-
2026-06-07days on market $110,000 Active 228 DOM
-
2026-06-04days on market $110,000 Active 225 DOM
-
2026-06-03days on market $110,000 Active 224 DOM
-
2026-06-02days on market $110,000 Active 223 DOM
-
2026-06-01days on market $110,000 Active 222 DOM
-
2026-05-31days on market $110,000 Active 221 DOM
-
2025-10-22$110,000 Active
-
1996-08-28soldstatus $34,000
-
1986-08-06soldstatus $45,000
ⓘ 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
- $2,500 · $208/mo
- Projected year-2 tax
- $2,500 · $208/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 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥105°F today · 26 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 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
- $22,656
- − Mortgage interest
- −$6,162
- − Property taxes
- −$2,500
- − Insurance
- −$550
- − Repairs & maintenance
- −$1,813
- − Management
- −$1,813
- − HOA
- −$3,960
- − Depreciation
- −$3,200
- Taxable income
- $2,660
- Est. tax owed @ 24.0%
- −$638
- After-tax cash flow
- $3,328/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 — Lauderhill
- Score
- 79/100
- State rank
- #139
- US rank
- #2059
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lauderhill, FL
- County
- Broward County · 1,963,430 people
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 62,807
- Household income
- $46,305
- Rent vs Own
- Severe rent burden
- 5692.0
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
- Predominantly Black (77%)
- Race & ethnicity
- Black 77% Hispanic / Latino 12% Two or more races 8% White 7% Asian 2%
- Hispanic origin (detail)
- Puerto Rican 2% Cuban 3% Dominican 1%
- Common ancestry
- Hispanic 20%
- Foreign-born
- 39% · Canada, Jamaica, Dominican Republic
- Languages at home
- 66% English-only · French/Haitian/Cajun 22% Spanish 10%
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
- ▼ -338.15%
- Current HPI
- 288.9345
- Rent YoY
- ▲ 0.26%
- 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 |
|
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| Technology Manufacturing | 1 | $35B |
|
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Price history
+144.4% since first listed3 events — show timeline
- 2025-10-22 Listed $110,000 Beaches MLS
- 1996-08-28 Sold (Public Records) $34,000 Public Records
- 1986-08-06 Sold (Public Records) $45,000 Public Records
Property tax history
+8.5%/yrLatest (2025): $2,500 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…