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3330 Spanish Moss Ter #311
D+ Composite 49.74
Why this score? — see what drove the D+ 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 +15.0/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +4.6/10.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.2/5.0
  • Appreciation +0.0/10.0

$84,900

3330 Spanish Moss Ter #311 · Lauderhill, FL 33319
2 bd · 2.0 ba · 1,200 sqft · Condo public records · 113 Days on market
Built 1973 $799/mo HOA · 43% of rent

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

Listing remarks

Spacious 3rd-Floor Condo with Updated Kitchen – Priced to Sell! Don’t miss your chance to own this condo featuring a updated kitchen and generous living space. Enjoy resort-style amenities including a pool, serene lake views, and 24/7 guarded entry. Ideally located near Sawgrass Mall, major highways, shopping, dining, schools, and houses of worship. HOA covers basic cable, water, sewer, trash, lawn care, exterior maintenance (including roof), and more. 40-year recertification completed per association. Owner financing available – a great opportunity for qualified buyers! Easy to show – schedule your visit today!

Key facts

  • Near sawgrass mall
  • Guarded entry
  • Serene lake views

Tags

UPDATED KITCHENRESORT-STYLE AMENITIESPOOLSERENE LAKE VIEWSGUARDED ENTRYNEAR SAWGRASS MALL

Property features AI

Finance

  • Other: Association fee listed as monthly
  • Financial info: Pets allowed with restrictions or conditions
  • HOA & community: Monthly association fee; Association fee covers common areas, cable TV, insurance, structural maintenance, parking, roof, sewer, trash, and water; Association amenities include clubhouse, laundry, pool, and elevators

Exterior

  • Parking: 1 covered garage space; Guest parking available; One additional parking space
  • Security: Smoke detectors
  • Utilities: Public water; Public sewer; Electric service
  • Home design: Attached property; 4-story building; Entry located on level 3
  • Construction: Block construction; Resale property
  • Exterior features: Association pool

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
  • Bedrooms: Bedroom located on main level
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: First-floor entry; Bedroom on main level; Tile flooring
  • Laundry & utility: Common area laundry; Electric water heater

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 2-bed/2.0-bath condo listed at $85k.

Deal economics

  • At list price, monthly cash flow is $26 ($311/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $85k).
  • Recommended offer: $77k (9.0% below list) — sets the bar for market timing.
  • Cap rate 6.7% 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 soft (-1.4%/yr); 821 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); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • This rent runs 38% of the median local income ($58k/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 $587 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 113 days — a 9% lower offer ($77k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 5y ago; this cycle's ask has dropped $40k (32%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 43% of rent.
Recommended offer $77,259 (9.0% below list)

Questions for the listing agent

  1. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
2.21%
Cap rate
6.66%
Cash-on-cash
1.31%
DSCR
1.06
GRM
3.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
-22.2%
Equity multiple
0.28×
Total profit
$-17,036
Equity at exit
$12,659
10-year hold
IRR
-71.2%
Equity multiple
-0.33×
Total profit
$-31,642
Equity at exit
$7,341

Cash invested: $23,772 (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 33319

Rents YoY
-1.4%
Active inventory
821
Price-to-rent
3.8×

Monthly cashflow live

Estimated rent
$1,873 high interval (Pro) →
Mortgage (P&I)
$445
Tax from tax record
$174 /mo · $2,087/yr
Insurance
$35
HOA
$799
Vacancy / Maint / Mgmt
$393
Net cashflow
$26

Break-even live

Break-even rent $1,840
Max offer price $84,900
Occupancy floor 94%

Sensitivity live

Price -10% $74 -5% $50 +0% $26 +5% $2 +10% $-22
Rent -10% $-122 -5% $-48 +0% $26 +5% $100 +10% $174
Rate -1.0pp $69 -0.5pp $47 base $26 +0.5pp $4 +1.0pp $-18

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
$21,225
Closing costs
$2,547
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
3360 Spanish Moss Ter #305 Lauderhill, FL 3.0 2.0 1400 $2,500 $1.79 25d 1 0.03mi
3360 Spanish Moss Ter #408 Lauderhill, FL 2.0 2.0 1200 $1,850 $1.54 14d 1 0.03mi
3360 Spanish Moss Ter #313 Lauderhill, FL 2.0 2.0 1200 $1,699 $1.42 25d 1 0.03mi
3300 Spanish Moss Ter #302 Lauderhill, FL 2.0 2.0 1200 $1,950 $1.62 14d 1 0.07mi
3300 Spanish Moss Ter Lauderhill, FL 2.0 2.0 1200 $1,900 $1.58 25d 1 0.07mi
3280 Spanish Moss Ter #103 Lauderhill, FL 2.0 2.0 1200 $1,850 $1.54 25d 1 0.12mi
3660 Inverrary Dr Lauderhill, FL 1.0 1.0–1.5 725 $1,799 $2.48 8d 3 0.12mi
3660 Inverrary Dr Lauderhill, FL 1.0 1.0–1.5 725 $1,799 $2.48 18d 2 0.12mi
3670 Inverrary Dr Lauderhill, FL 1.0 1.0–1.5 650 $1,450 $2.23 15d 2 0.13mi
3670 Inverrary Dr Lauderhill, FL 1.0 1.0–1.5 650 $1,600 $2.46 8d 3 0.13mi
3670 Inverrary Dr Unit 1F Lauderhill, FL 1.0 1.5 880 $1,450 $1.65 20d 1 0.13mi
3301 Spanish Moss Ter Lauderhill, FL 2.0 2.0 1090 $1,900 $1.74 18d 3 0.15mi
3680 Inverrary Dr Unit 1V Lauderhill, FL 2.0 2.0 1150 $2,100 $1.83 14d 1 0.19mi
3680 Inverrary Dr Unit 1V Lauderhill, FL 2.0 2.0 1150 $2,100 $1.83 13d 1 0.19mi
3571 Inverrary Dr #403 Lauderhill, FL 2.0 2.0 1070 $1,600 $1.50 21d 1 0.25mi
3571 Inverrary Dr #305 Lauderhill, FL 2.0 2.0 904 $1,650 $1.83 25d 1 0.25mi
3571 Inverrary Dr #403 Lauderhill, FL 2.0 2.0 1070 $1,600 $1.50 2d 1 0.25mi
3774 Inverrary Blvd Lauderhill, FL 1.0 1.5 726 $1,638 $2.26 25d 2 0.26mi
3774 Inverrary Blvd Lauderhill, FL 1.0 1.5 726 $1,638 $2.26 2d 2 0.26mi
3774 Inverrary Blvd Unit 105P Lauderhill, FL 1.0 1.5 726 $1,675 $2.31 3d 1 0.26mi
3650 Inverrary Dr Lauderhill, FL 1.0 1.0–1.5 610 $1,570 $2.57 3d 3 0.28mi
3650 Inverrary Dr Lauderhill, FL 1.0 1.0–1.5 610 $1,570 $2.57 14d 3 0.28mi
3650 Inverrary Dr Lauderhill, FL 1.0 1.5 800 $1,535 $1.92 20d 2 0.28mi
6475 W Oakland Park Blvd Lauderhill, FL 1.0 1.5 800 $1,600 $2.00 25d 1 0.33mi
3710 Inverrary Dr Unit 2S Lauderhill, FL 1.0 1.5 1000 $2,099 $2.10 5d 1 0.33mi
3710 Inverrary Dr Lauderhill, FL 1.0 1.5 900 $1,674 $1.86 15d 2 0.33mi
2915 NW 60th Ave Sunrise, FL 2.0 2.0 1010 $2,100 $2.08 25d 1 0.34mi
3760 Inverrary Dr Lauderhill, FL 2.0 1.0–2.0 800 $1,900 $2.38 6d 3 0.35mi
6575 W Oakland Park Blvd #218 Lauderhill, FL 2.0 2.0 1110 $2,000 $1.80 25d 1 0.37mi
6575 W Oakland Park Blvd #214 Lauderhill, FL 2.0 2.0 1000 $1,900 $1.90 14d 1 0.37mi
3750 Inverrary Dr Lauderhill, FL 1.0–2.0 1.5–2.0 975 $1,990 $2.04 25d 3 0.39mi
3720 Inverrary Dr Lauderhill, FL 3.0 1.0–2.0 940 $1,950 $2.07 11d 5 0.41mi
6010 S Falls Circle Dr #206 Lauderhill, FL 2.0 2.0 1093 $2,350 $2.15 25d 1 0.45mi
6100 S Falls Circle Dr #204 Lauderhill, FL 2.0 2.0 1189 $1,800 $1.51 18d 1 0.46mi
2759 NW 58th Ter Lauderhill, FL 3.0 2.0 1200 $2,750 $2.29 25d 1 0.47mi
3740 Inverrary Dr Lauderhill, FL 1.0 1.5 800 $1,500 $1.87 19d 3 0.48mi
5648 NW 28th St Unit 5648 Lauderhill, FL 3.0 2.0 1200 $2,400 $2.00 25d 1 0.50mi
6701 W Oakland Park Blvd Fort Lauderdale, FL 1.0–2.0 1.0–2.0 1000 $2,389 $2.39 3d 9 0.50mi
5648 NW 28th St Lauderhill, FL 3.0 2.0 1200 $2,400 $2.00 8d 1 0.50mi
3730 Inverrary Dr Unit 1D Lauderhill, FL 1.0 1.5 800 $1,600 $2.00 25d 1 0.51mi

HOA detail condo

Monthly dues
$799 · $9,588/yr
Likely covers
watersewertrashcablelandscapingexterior maint.poolsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 43 events

  1. 2026-06-13
    statusdays on market $84,900 Pending 113 DOM
  2. 2026-06-09
    days on market $84,900 Active 110 DOM
  3. 2026-06-07
    days on market $84,900 Active 108 DOM
  4. 2026-06-04
    days on market $84,900 Active 105 DOM
  5. 2026-06-03
    days on market $84,900 Active 104 DOM
  6. 2026-06-02
    days on market $84,900 Active 103 DOM
  7. 2026-06-01
    days on market $84,900 Active 102 DOM
  8. 2026-05-31
    days on market $84,900 Active 101 DOM
  9. 2026-05-15
    price $84,900
  10. 2026-05-08
    status Active
  11. 2026-04-09
    status Pending
  12. 2026-03-24
    price $99,900
  13. 2026-03-24
    price $99,000
  14. 2026-03-06
    price $119,900
  15. 2026-01-19
    listed $125,000 Active
  16. 2024-11-23
    historical
  17. 2024-09-30
    price $110,000
  18. 2024-07-10
    price $115,000
  19. 2024-07-10
    listed $117,000 Active
  20. 2024-07-10
    historical
  21. 2024-07-03
    price $120,000
  22. 2024-05-01
    listed $128,999 Active
  23. 2024-05-01
    historical
  24. 2024-04-09
    price $130,000
  25. 2024-03-13
    price $140,000
  26. 2023-12-18
    listed $145,000 Active
  27. 2023-06-01
    historical
  28. 2023-03-13
    listed $147,000 Active
  29. 2022-07-15
    soldstatus $147,000
  30. 2022-07-14
    soldstatus $143,000 Closed
  31. 2022-06-03
    status Pending
  32. 2022-05-12
    historical Active Under Contract
  33. 2022-04-26
    status Active
  34. 2022-04-13
    status Pending
  35. 2022-04-12
    historical Active Under Contract
  36. 2022-04-06
    listed $143,000 Active
  37. 2021-10-25
    soldstatus $100,000
  38. 2021-10-20
    soldstatus $100,000 Closed
  39. 2021-09-21
    historical Active Under Contract
  40. 2021-09-08
    listed $110,000 Active
  41. 2017-05-11
    soldstatus $46,000
  42. 2003-08-26
    soldstatus $74,000
  43. 2000-07-14
    soldstatus $41,500

ⓘ 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
$2,087 · $174/mo
Projected year-2 tax
$2,087 · $174/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,472
− Mortgage interest
−$4,756
− Property taxes
−$2,087
− Insurance
−$424
− Repairs & maintenance
−$1,798
− Management
−$1,798
− HOA
−$9,588
− Depreciation
−$2,470
Taxable loss
−$449
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$108
After-tax cash flow
$418/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)
54,450
Household income
$58,388
Rent vs Own
31.9% rent · 68.1% own
Severe rent burden
2809.0

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 0.58)
Race & ethnicity
Black 61% Hispanic / Latino 17% White 15% Two or more races 11% Asian 4%
Hispanic origin (detail)
Puerto Rican 4% Cuban 2% Dominican 1%
Common ancestry
Hispanic 13% Romanian 1% Italian 1%
Foreign-born
46% · Canada, Jamaica, Vietnam
Languages at home
64% English-only · Spanish 15% French/Haitian/Cajun 15% 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
▼ -202.84%
Current HPI
328.4307
Rent YoY
▼ -1.38%
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

+104.6% since first listed
35 events — show timeline
  • 2026-05-15 Price Changed $84,900 MARMLS
  • 2026-05-08 Relisted MARMLS
  • 2026-04-09 Pending MARMLS
  • 2026-03-24 Price Changed $99,900 MARMLS
  • 2026-03-24 Price Changed $99,000 MARMLS
  • 2026-03-06 Price Changed $119,900 MARMLS
  • 2026-01-19 Listed $125,000 MARMLS
  • 2024-11-23 Listing Removed MARMLS
  • 2024-09-30 Price Changed $110,000 MARMLS
  • 2024-07-10 Price Changed $115,000 MARMLS
  • 2024-07-10 Listing Removed MARMLS
  • 2024-07-10 Listed $117,000 MARMLS
  • 2024-07-03 Price Changed $120,000 MARMLS
  • 2024-05-01 Listing Removed MARMLS
  • 2024-05-01 Listed $128,999 MARMLS
  • 2024-04-09 Price Changed $130,000 MARMLS
  • 2024-03-13 Price Changed $140,000 MARMLS
  • 2023-12-18 Listed $145,000 MARMLS
  • 2023-06-01 Listing Removed Beaches MLS
  • 2023-03-13 Listed $147,000 Beaches MLS
  • 2022-07-15 Sold (Public Records) $147,000 Public Records
  • 2022-07-14 Sold (MLS) $143,000 MARMLS
  • 2022-06-03 Pending MARMLS
  • 2022-05-12 Contingent MARMLS
  • 2022-04-26 Relisted MARMLS
  • 2022-04-13 Pending MARMLS
  • 2022-04-12 Contingent MARMLS
  • 2022-04-06 Listed $143,000 MARMLS
  • 2021-10-25 Sold (Public Records) $100,000 Public Records
  • 2021-10-20 Sold (MLS) $100,000 MARMLS
  • 2021-09-21 Contingent MARMLS
  • 2021-09-08 Listed $110,000 MARMLS
  • 2017-05-11 Sold (Public Records) $46,000 Public Records
  • 2003-08-26 Sold (Public Records) $74,000 Public Records
  • 2000-07-14 Sold (Public Records) $41,500 Public Records

Property tax history

+5.3%/yr

Latest (2025): $2,087 · -16.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…