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3561 NW 33rd Ave 🏗️ New Construction
F Composite 26.69
Why this score? — see what drove the F 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).

  • ARV discount +7.5/15.0
  • Cash flow +5.3/30.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • 1% rule +0.9/10.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$200,000

3561 NW 33rd Ave · Lauderdale Lakes, FL 33309
3 bd · 2.0 ba · 1,667 sqft · SingleFamily public records · 1 Days on market
Built 1965 6,080 sqft lot

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

Listing remarks

Unapproved Shortsale

Key facts

  • 6,080 sq ft lot
  • Garage
  • Pool

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. The $200,000 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $476,762.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

  • At list price, monthly cash flow is $-1k ($-13k/yr) — negative.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $200k).
  • Cap rate 3.6% vs local median 5.6% in Lauderdale Lakes — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 81/100 on livability (#100 in FL, #1,527 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, amenities F, employment 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: Oriole Elementary School (math 23% / reading 27%, grade F, #2,030 of 2,144 statewide, top 95%, 651 students, 87% FRL); Lauderdale Lakes Middle School (math 21% / reading 26%, grade F, #536 of 571 statewide, top 95%, 816 students, 79% 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 20% at this address vs 48% district-wide (-27 pts) — the specific schools serving this property underperform the Broward average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents soft (-0.5%/yr); 343 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • This rent runs 43% of the median local income ($77k/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 $3k of loan paydown is wiped out by about $14k 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

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts since 3y 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.
  • Current owner paid $116k; list at $200k implies a 72% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: property tax is 3.4% of price.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $200,000

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 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.59%
Cap rate
3.63%
Cash-on-cash
-9.50%
DSCR
0.58
GRM
14.2

CMA / ARV

ARV (on-the-fly)
$476,762
Comps found
9
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3940 NW 34th Ter 0.27mi 4/2.0 (+1) 1,666 (-0%) 18mo $377,000 $226 67
3531 NW 33rd Ave 0.04mi 3/2.0 1,785 (+7%) 23mo $421,000 $236 67
3948 NW 39 Ave 0.65mi 3/2.0 1,652 (-1%) 1mo $419,000 $254 67
3921 NW 33rd Ter 0.22mi 3/2.0 1,522 (-9%) 12mo $450,000 $296 65
3610 NW 32nd St 0.48mi 4/2.0 (+1) 1,723 (+3%) 8mo $340,000 $197 60
3960 NW 32nd Ter 0.29mi 3/2.0 1,532 (-8%) 23mo $465,000 $304 54
3601 NW 43rd Pl 0.69mi 3/2.0 1,522 (-9%) 3mo $435,000 $286 51
3521 NW 35th Way 0.33mi 3/2.0 1,466 (-12%) 22mo $437,500 $298 46
4233 NW 34th Way 0.54mi 3/2.0 1,434 (-14%) 11mo $440,000 $307 42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-36.5%
Equity multiple
-0.14×
Total profit
$-152,724
Equity at exit
$71,087
10-year hold
IRR
-73.9%
Equity multiple
-0.88×
Total profit
$-251,213
Equity at exit
$41,222

Cash invested: $133,493 (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 33309

Home prices YoY
-26.6%
Rents YoY
-0.5%
Active inventory
343
Price-to-rent
6.0×

Monthly cashflow live

Estimated rent
$2,796 high interval (Pro) →
Mortgage (P&I)
$2,500
Tax from tax record
$566 /mo · $6,796/yr
Insurance
$199
HOA
$0
Vacancy / Maint / Mgmt
$587
Net cashflow
$-1,057

Break-even live

Break-even rent $4,133
Max offer price $290,098
Occupancy floor

Sensitivity live

Price -10% $-787 -5% $-922 +0% $-1,057 +5% $-1,192 +10% $-1,327
Rent -10% $-1,278 -5% $-1,167 +0% $-1,057 +5% $-946 +10% $-836
Rate -1.0pp $-817 -0.5pp $-935 base $-1,057 +0.5pp $-1,180 +1.0pp $-1,306

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
$119,190
Closing costs
$14,303
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
3601 NW 34th Ave Unit 3601 Lauderdale Lakes, FL 4.0 2.0 1990 $3,750 $1.88 17d 1 0.09mi
3601 NW 34th Ave Lauderdale Lakes, FL 4.0 2.0 1990 $3,750 $1.88 22d 1 0.09mi
3601 NW 34th Ave Lauderdale Lakes, FL 4.0 2.0 1990 $3,200 $1.61 5d 1 0.09mi
3540 NW 34th Ter Lauderdale Lakes, FL 2.0 1.0 1056 $1,200 $1.14 18d 1 0.10mi
3430 NW 34th St Lauderdale Lakes, FL 2.0 2.0 1259 $2,306 $1.83 14d 1 0.17mi
3400 NW 39th St Lauderdale Lakes, FL 4.0 2.0 1604 $3,100 $1.93 3d 1 0.20mi
3333 NW 32nd Ct Lauderdale Lakes, FL 4.0 2.0 1697 $3,096 $1.82 8d 1 0.24mi
3258 NW 32nd Ter Unit 3258 Lauderdale Lakes, FL 3.0 2.5 1514 $3,000 $1.98 25d 1 0.24mi
3064 S Oakland Forest Dr #1001 Oakland Park, FL 3.0 2.0 1156 $2,850 $2.47 25d 1 0.34mi
3222 NW 31st Ter Oakland Park, FL 3.0 3.0 1600 $2,595 $1.62 25d 1 0.37mi
3076 S Oakland Forest Dr #503 Oakland Park, FL 3.0 2.0 1244 $2,900 $2.33 25d 1 0.38mi
3907 NW 30th Ter Lauderdale Lakes, FL 2.0 1.0 1200 $1,750 $1.46 8d 1 0.38mi
3082 S Oakland Forest Dr #1301 Oakland Park, FL 2.0 2.5 1098 $1,975 $1.80 21d 1 0.40mi
2829 S Oakland Forest Dr Oakland Park, FL 2.0–3.0 2.0 1295 $2,738 $2.11 2d 10 0.46mi
3119 Oakland Shores Dr Unit C110 Oakland Park, FL 2.0 2.0 1050 $1,800 $1.71 8d 1 0.46mi
3541 NW 30th Pl Lauderdale Lakes, FL 1.0–3.0 1.0–2.0 865 $2,414 $2.79 2d 14 0.50mi
3213 Watercress Dr Oakland Park, FL 3.0 2.5 1516 $3,200 $2.11 11d 1 0.53mi
3213 Watercress Dr Unit 3213 Oakland Park, FL 3.0 2.5 1516 $3,250 $2.14 25d 1 0.53mi
2881 N Oakland Forest Dr Oakland Park, FL 2.0 2.0 1119 $2,220 $1.98 15d 3 0.58mi
2881 N Oakland Forest Dr Oakland Park, FL 1.0–2.0 1.0–2.0 1002 $2,495 $2.49 12d 5 0.58mi
4281 NW 35th Ave Fort Lauderdale, FL 3.0 2.0 2103 $2,800 $1.33 25d 1 0.59mi
3529 NW 29th Pl Lauderdale Lakes, FL 3.0 2.5 1474 $3,200 $2.17 25d 1 0.60mi
3621 NW 30th Ct Oakland Park, FL 2.0 2.5 1104 $2,695 $2.44 14d 1 0.60mi
2850 N Oakland Forest Dr Oakland Park, FL 1.0–2.0 1.0–2.0 918 $2,395 $2.61 3d 4 0.61mi
4281 NW 35th Ter Fort Lauderdale, FL 3.0 2.0 2013 $2,800 $1.39 25d 1 0.61mi
3530 NW 29th Ct Lauderdale Lakes, FL 3.0 2.5 1600 $2,595 $1.62 8d 1 0.64mi
3141 Poinciana St Oakland Park, FL 4.0 2.0 1828 $3,800 $2.08 17d 1 0.65mi
3401 NW 44th St #205 Lauderdale Lakes, FL 2.0 2.0 1096 $2,000 $1.82 3d 1 0.68mi
3409 NW 44th St Lauderdale Lakes, FL 2.0 2.0 1096 $1,800 $1.64 3d 1 0.68mi
3409 NW 44th St Lauderdale Lakes, FL 2.0 2.0 1096 $1,850 $1.69 4d 2 0.68mi
2810 N Oakland Forest Dr #104 Oakland Park, FL 2.0 2.0 1050 $2,295 $2.19 3d 1 0.69mi
2733 S Oakland Forest Dr Oakland Park, FL 2.0 2.0 1050 $2,200 $2.10 25d 1 0.72mi
3275 NW 44th St #2 Fort Lauderdale, FL 3.0 2.5 1273 $3,000 $2.36 25d 1 0.74mi
2831 N Oakland Forest Dr Oakland Park, FL 1.0–2.0 1.0–2.0 927 $2,295 $2.48 6d 2 0.77mi
3684 NW 29th Ct Lauderdale Lakes, FL 3.0 2.5 1478 $2,700 $1.83 25d 1 0.77mi
2831 N Oakland Forest Dr #101 Oakland Park, FL 2.0 2.0 1050 $2,295 $2.19 14d 1 0.77mi
2831 N Oakland Forest Dr #101 Oakland Park, FL 2.0 2.0 1100 $2,295 $2.09 22d 1 0.77mi
3445 NW 44th St Lauderdale Lakes, FL 2.0 2.0 1058 $2,150 $2.03 25d 2 0.77mi
4324 NW 38th Ter Lauderdale Lakes, FL 3.0 2.0 1522 $3,100 $2.04 25d 1 0.78mi
2720 S Oakland Forest Dr Oakland Park, FL 2.0 2.0 1100 $2,050 $1.86 25d 1 0.80mi

Listing history 9 events

  1. 2026-04-21
    status Pending
  2. 2026-04-20
    listed $200,000 Active
  3. 2023-03-28
    status Pending
  4. 2023-03-28
    historical
  5. 2023-03-26
    price $399,900
  6. 2023-03-13
    listed $474,900 Active
  7. 2000-09-07
    soldstatus $116,000
  8. 2000-09-07
    soldstatus $116,000
  9. 1989-06-06
    soldstatus $75,000

ⓘ 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
$6,796 · $566/mo
Projected year-2 tax
$6,796 · $566/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 · 27 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
$33,548
− Mortgage interest
−$26,706
− Property taxes
−$6,796
− Insurance
−$2,384
− Repairs & maintenance
−$2,684
− Management
−$2,684
− Depreciation
−$13,869
Taxable loss
−$21,576
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$5,178
After-tax cash flow
$-7,502/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 — Lauderdale Lakes

Score
81/100
State rank
#100
US rank
#1527

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lauderdale Lakes, FL
County
Broward County · 1,963,430 people
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
37,475
Household income
$77,321
Rent vs Own
40.9% rent · 59.1% own
Severe rent burden
1596.0

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
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
Black 43% Hispanic / Latino 28% White 22% Two or more races 20% Asian 2%
Hispanic origin (detail)
Mexican 4% Puerto Rican 4% Cuban 3% Dominican 1%
Common ancestry
Hispanic 15% Lithuanian 1% Romanian 1%
Foreign-born
38% · Canada, Jamaica, Dominican Republic
Languages at home
55% English-only · Spanish 25% French/Haitian/Cajun 17% Other Indo-European 2%

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
▼ -158.71%
Current HPI
439.091
Rent YoY
▼ -0.50%
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

+166.7% since first listed
9 events — show timeline
  • 2026-04-21 Pending Beaches MLS
  • 2026-04-20 Listed $200,000 Beaches MLS
  • 2023-03-28 Pending MARMLS
  • 2023-03-28 Listing Removed MARMLS
  • 2023-03-26 Price Changed $399,900 MARMLS
  • 2023-03-13 Listed $474,900 MARMLS
  • 2000-09-07 Sold (Public Records) $116,000 Public Records
  • 2000-09-07 Sold (Public Records) $116,000 Public Records
  • 1989-06-06 Sold (Public Records) $75,000 Public Records

Property tax history

+8.7%/yr

Latest (2025): $6,796 · +1.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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