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2271 NW 48th Ter NW #206
C Composite 57.2
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 +20.2/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +6.4/10.0
  • 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

$69,000

2271 NW 48th Ter NW #206 · Lauderhill, FL 33313
1 bd · 2.0 ba · 953 sqft · Condo public records · 28 Days on market
Built 1972 $706/mo HOA · 43% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

Key facts

  • Theater
  • Sauna room
  • Bowling center

Tags

SAUNA ROOMGYMTHEATER2 POOLSBILLARD ROOMBOWLING CENTER

Property features AI

Finance

  • Other: Pets not allowed; Senior community
  • HOA & community: Monthly HOA with extensive amenities; Association amenities include billiard room, clubhouse, elevators, parking, pool (heated), sauna, storage, trash chute, business center, community room, library, lobby, maintained community, security, and recreation facilities; HOA fee paid monthly

Exterior

  • Parking: Detached parking; Asphalt surfaces; Guest parking; Total of 1 parking space
  • Utilities: Public water; Public sewer; Cable available; Sewer connected; Water available; Electricity listed as not available; Other utilities
  • Home design: Condominium; Resale property; Faces northwest
  • Construction: CBS and other construction materials; Barrel roof; 32 total stories
  • Exterior features: Chain link and other fencing; Private in-ground pool

Interior

  • Kitchen: Microwave; Refrigerator; Electric cooktop
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Carpet; Tile
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Central heating; Whole house fan
  • Interior features: Walk-in closets; Split bedroom layout; Blinds and sliding window treatments

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 $69k.

Deal economics

  • At list price, monthly cash flow is $87 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $69k).
  • Recommended offer: $68k (1.5% below list) — sets the bar for market timing.
  • Cap rate 7.8% 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: 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.
  • Zoned schools: Castle Hill Elementary School (math 22% / reading 22%, grade F, #2,080 of 2,144 statewide, top 97%, 562 students, 86% FRL); Boyd H. Anderson High School (math 10% / reading 14%, grade F, #622 of 667 statewide, top 93%, 2,038 students, 72% FRL) — zoned schools average 79% FRL vs 51% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 17% at this address vs 48% district-wide (-30 pts) — the specific schools serving this property underperform the Broward average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents flat; 656 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 43% of the median local income ($46k/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 $477 of loan paydown is wiped out by about $2k 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 28 days — a 2% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 4y ago 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.

Risks & watch-outs

  • Watch-outs: HOA is 43% of rent.
  • 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.
Recommended offer $67,965 (1.5% below list)

Questions for the listing agent

  1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. 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?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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.
  7. 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.
  8. 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
2.38%
Cap rate
7.81%
Cash-on-cash
5.40%
DSCR
1.24
GRM
3.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.26% rent growth · sell at horizon

5-year hold
IRR
-14.7%
Equity multiple
0.50×
Total profit
$-9,573
Equity at exit
$10,288
10-year hold
IRR
-25.8%
Equity multiple
0.15×
Total profit
$-16,395
Equity at exit
$5,966

Cash invested: $19,320 (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 33313

Rents YoY
0.3%
Active inventory
656
Price-to-rent
3.5×

Monthly cashflow live

Estimated rent
$1,643 high interval (Pro) →
Mortgage (P&I)
$362
Tax from tax record
$115 /mo · $1,374/yr
Insurance
$29
HOA
$706
Vacancy / Maint / Mgmt
$345
Net cashflow
$87

Break-even live

Break-even rent $1,533
Max offer price $69,000
Occupancy floor 90%

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
$17,250
Closing costs
$2,070
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
4848 NW 24th Ct Lauderdale Lakes, FL 1.0–3.0 1.0–2.0 1045 $1,450 $1.39 5d 4 0.10mi
4848 NW 24th Ct Lauderdale Lakes, FL 1.0–3.0 1.0–2.0 1045 $1,550 $1.48 16d 3 0.10mi
4750 NW 22nd Ct #502 Lauderhill, FL 1.0 1.5 928 $1,600 $1.72 24d 1 0.14mi
4851 NW 21st St Unit 2P Lauderhill, FL 1.0 1.5 1074 $1,400 $1.30 24d 1 0.14mi
2060 NW 48th Ter Lauderhill, FL 1.0–2.0 1.0–2.0 886 $1,395 $1.57 7d 2 0.20mi
4740 NW 21st St Lauderhill, FL 1.0 1.5 1003 $1,575 $1.57 20d 2 0.23mi
2061 NW 47th Ter Lauderhill, FL 1.0 1.5 928 $1,620 $1.75 3d 2 0.27mi
2306 NW 52nd Ave Lauderhill, FL 2.0 1.5 1020 $1,900 $1.86 16d 1 0.29mi
2410 NW 52nd Ave #2410 Lauderhill, FL 2.0 1.5 1020 $1,700 $1.67 14d 1 0.31mi
2410 NW 52nd Ave #2410 Lauderhill, FL 2.0 1.5 1020 $1,700 $1.67 5d 1 0.31mi
5321 NW 21st Ct Lauderhill, FL 2.0 1.0 750 $1,900 $2.53 24d 1 0.36mi
4851 NW 26th Ct #338 Lauderdale Lakes, FL 1.0 1.0 705 $1,650 $2.34 16d 1 0.37mi
5314 NW 24th St #143 Lauderhill, FL 2.0 1.0 829 $1,995 $2.41 20d 1 0.37mi
2512 NW 52nd Ave Unit 22B Lauderhill, FL 2.0 1.5 940 $1,700 $1.81 17d 1 0.37mi
2017 NW 46th Ave Unit A110 Lauderhill, FL 1.0 1.5 800 $1,650 $2.06 24d 1 0.38mi
2029 NW 46th Ave Lauderhill, FL 1.0 1.5 800 $1,500 $1.88 24d 1 0.38mi
5411 NW 22nd St Unit 5411 Lauderhill, FL 2.0 1.0 850 $2,050 $2.41 12d 1 0.39mi
5411 NW 22nd St Unit 5411 Lauderhill, FL 2.0 1.0 850 $2,050 $2.41 5d 1 0.39mi
5323 NW 24th St #118 Lauderhill, FL 2.0 1.0 829 $1,550 $1.87 24d 1 0.39mi
5405 NW 23rd St #187 Lauderhill, FL 2.0 1.0 829 $1,850 $2.23 4d 1 0.39mi
5415 NW 22nd St #5415 Lauderhill, FL 2.0 1.0 936 $2,150 $2.30 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
2606 NW 52nd Ave Unit D15 Lauderhill, FL 2.0 1.5 1020 $1,950 $1.91 24d 1 0.43mi
2604 NW 52nd Ave Unit C15 Lauderhill, FL 2.0 1.5 940 $1,800 $1.91 24d 1 0.44mi
5223 NW 27th St Unit 9B Fort Lauderdale, FL 2.0 1.5 940 $1,750 $1.86 24d 1 0.51mi
2101 NW 55th Ave Lauderhill, FL 2.0 2.0 900 $1,949 $2.17 1d 8 0.51mi
5231 NW 27th St Unit 8A Lauderhill, FL 2.0 1.5 1020 $1,900 $1.86 24d 1 0.51mi
1861 NW 46th Ave Lauderhill, FL 2.0 1.0–2.0 730 $1,490 $2.04 1d 13 0.52mi
4491 NW 19th St Lauderhill, FL 1.0–3.0 1.0–2.5 1358 $1,550 $1.14 1d 39 0.53mi
2800 NW 47th Ter Unit 106B Lauderdale Lakes, FL 1.0 1.0 768 $1,650 $2.15 24d 1 0.53mi
2070 NW 43rd Ter #6 Lauderhill, FL 1.0 1.0 600 $1,600 $2.67 22d 1 0.54mi
2427 NW 55th Ter Unit 2427 Lauderhill, FL 2.0 1.0 849 $2,400 $2.83 24d 1 0.54mi
2861 NW 47th Ter Unit 207B Lauderdale Lakes, FL 1.0 1.0 768 $1,400 $1.82 24d 1 0.55mi
2861 NW 47th Ter Lauderdale Lakes, FL 2.0 2.0 1021 $1,700 $1.67 24d 1 0.55mi
3001 NW 48th Ave #440 Lauderdale Lakes, FL 1.0 1.5 705 $1,300 $1.84 24d 1 0.58mi
2814 NW 55th Ave Unit 1B Lauderhill, FL 2.0 2.0 1070 $1,800 $1.68 24d 1 0.59mi
3061 NW 47th Ter Unit 327B Lauderdale Lakes, FL 1.0 1.5 662 $1,600 $2.42 7d 1 0.60mi
3061 NW 47th Ter Unit 132C Lauderdale Lakes, FL 1.0 1.0 610 $1,500 $2.46 24d 1 0.60mi
3061 NW 47th Ter #327 Lauderdale Lakes, FL 1.0 1.5 662 $1,500 $2.27 24d 1 0.60mi
2901 NW 47th Ter Unit 247B Lauderdale Lakes, FL 1.0 1.5 662 $1,450 $2.19 24d 1 0.60mi

HOA detail condo

Monthly dues
$706 · $8,472/yr
Likely covers
poolgymsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 30 events

  1. 2026-06-18
    days on market $69,000 Active 28 DOM
  2. 2026-06-17
    days on market $69,000 Active 27 DOM
  3. 2026-06-16
    days on market $69,000 Active 26 DOM
  4. 2026-06-15
    days on market $69,000 Active 25 DOM
  5. 2026-06-13
    days on market $69,000 Active 23 DOM
  6. 2026-06-09
    days on market $69,000 Active 19 DOM
  7. 2026-06-08
    days on market $69,000 Active 18 DOM
  8. 2026-06-07
    days on market $69,000 Active 17 DOM
  9. 2026-06-04
    days on market $69,000 Active 14 DOM
  10. 2026-06-03
    days on market $69,000 Active 13 DOM
  11. 2026-06-02
    days on market $69,000 Active 12 DOM
  12. 2026-06-01
    days on market $69,000 Active 11 DOM
  13. 2026-05-31
    days on market $69,000 Active 10 DOM
  14. 2026-05-21
    listed $69,000 Active
  15. 2026-05-21
    price $69,000
  16. 2023-11-06
    soldstatus $75,000
  17. 2023-11-03
    soldstatus $75,000 Closed 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  18. 2023-10-25
    status Pending 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  19. 2023-09-20
    historical Active Under Contract 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  20. 2023-09-09
    price $74,000 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  21. 2023-08-02
    status Active 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  22. 2023-05-24
    historical Active Under Contract 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  23. 2023-05-01
    status Active 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  24. 2022-11-30
    historical Active Under Contract 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  25. 2022-11-04
    price $89,900 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  26. 2022-11-04
    status Active 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  27. 2022-11-01
    historical 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  28. 2022-08-31
    listed $90,000 Active 1175-char remark
    Show marketing remark (1175 chars)

    Wonderful opportunity to transform this spacious second floor condo into your dream oasis in the heart of Castle Gardens. This ow1 bedroom 1 & a half bath condo features an oversized master bedroom connecting to the master bathroom with a huge mirrored door walk-in closet and vanity area with plenty of storage space. The large living/dining room combination just off the kitchen is the perfect size for entertaining family and friends. The sliding glass doors open to a large patio area that is the perfect place for peaceful mornings and relaxing evenings. The Castle Gardens 55+ community has a multitude of offerings for residents with a massive clubhouse overlooking a beautiful fountain lake. You get a true sense of community with a recreational and maintenance staff who truly care . . . .. for the residents. Castle Gardens has three pools, full sized bowling lanes, men's and women's gyms and locker rooms, Billiard room, a movie theater, and tons of monthly activities like bingo nights, wellness meetings, and parties like Christmas in July, shuttles to local shops, restaurants, patrolling security and so much more, you need to come see it for yourself!

  29. 2004-11-22
    soldstatus $35,000
  30. 1994-10-25
    soldstatus $14,900

ⓘ 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
$1,374 · $115/mo
Projected year-2 tax
$1,374 · $115/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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,718
− Mortgage interest
−$3,865
− Property taxes
−$1,374
− Insurance
−$345
− Repairs & maintenance
−$1,577
− Management
−$1,577
− HOA
−$8,472
− Depreciation
−$2,007
Taxable income
$500
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$120
After-tax cash flow
$924/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

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lauderhill, FL
County
Broward County · 1,963,430 people
City population
62,807
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
62,807
Household income
$46,305
Rent vs Own
54.3% rent · 45.7% 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

Price history

+363.1% since first listed
17 events — show timeline
  • 2026-05-21 Listed $69,000 Beaches MLS
  • 2026-05-21 Price Changed $69,000 Beaches MLS
  • 2023-11-06 Sold (Public Records) $75,000 Public Records
  • 2023-11-03 Sold (MLS) $75,000 Beaches MLS
  • 2023-10-25 Pending Beaches MLS
  • 2023-09-20 Contingent Beaches MLS
  • 2023-09-09 Price Changed $74,000 Beaches MLS
  • 2023-08-02 Relisted Beaches MLS
  • 2023-05-24 Contingent Beaches MLS
  • 2023-05-01 Relisted Beaches MLS
  • 2022-11-30 Contingent Beaches MLS
  • 2022-11-04 Price Changed $89,900 Beaches MLS
  • 2022-11-04 Relisted Beaches MLS
  • 2022-11-01 Listing Removed Beaches MLS
  • 2022-08-31 Listed $90,000 Beaches MLS
  • 2004-11-22 Sold (Public Records) $35,000 Public Records
  • 1994-10-25 Sold (Public Records) $14,900 Public Records

Property tax history

+3.5%/yr

Latest (2025): $1,374 · -0.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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