2860 Somerset Dr Unit 400K · Lauderdale Lakes, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- AH
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $1,142 – $2,507
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
- 27 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 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 +15.9/30.0
- 1% rule +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +4.9/10.0
- Schools +4.1/10.0
- Livability +4.0/5.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$92,950
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Cozy 1 Br and 1.5 bathroom condo is waiting for you! Use as a vacation get away from the cold winter months. Freshly painted unit, outfitted with tiled flooring throughout common areas and wood laminate in bedroom. Updated kitchen cabinets and bathroom vanities. Located in a gated community. Near highways, shopping and entertainment. 10-20 Minutes from the beach. Being sold As-Is. Association requires 10% down payment. Dog allowed, max weight 15 Lbs when fully grown, 18+ years old and older allowed to live in unit, one person must be 55+ years of age per association. No leasing first 2 years of ownership. THIS COMMUNITY IS FOR OWNER OCCUPANTS ONLY! Corporations and trusts can purchase as per association. Fridge does not convey with the sale. Don't wait! Put your offer in NOW!
Key facts
- Enclosed balcony
- New garbage disposal
- New hot water heater
Tags
Property features AI
Finance
- Financial info: Pets allowed with size limits (more than 20 lbs permitted)
- HOA & community: Monthly association fee; Association covers cable TV, hot water, building maintenance, parking, recreation facilities, reserve fund, sewer, security, and trash; Community amenities include clubhouse, billiard room, laundry facilities, trash service, transportation service, and elevators; Senior community
Exterior
- Parking: One parking space
- Security: On-site security guard; Smoke detectors
- Utilities: Has heating and cooling (central)
- Home design: Attached property; 4-story building; Entry on level 4; Resale property; Block construction
- Construction: Block construction
- Exterior features: Patio
Interior
- Kitchen: Dishwasher; Electric range; Self-cleaning oven; Microwave; Refrigerator; Disposal
- Bedrooms: Bedroom located on the main level
- Flooring: Ceramic tile
- Bathrooms: 1 full bathroom; 1 half bathroom
- Heating & cooling: Central heating; Central air conditioning
- Interior features: First-floor entry; Bedroom on main level; Walk-in closets; Ceramic tile flooring
- Laundry & utility: Common area laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/2.0-bath condo listed at $93k.
Deal economics
- At list price, monthly cash flow is $-108 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $74k (20.4% below list).
- Meets the 1% rule at list price ($2k rent vs $93k).
- Recommended offer: $74k (20.4% below list) — sets the bar for cash-flow.
- Cap rate 6.9% vs local median 5.6% in Lauderdale Lakes — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
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: schools C-, crime 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 rising (+2.8%/yr); 585 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 39% of the median local income ($54k/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 $642 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 167 days — a 12% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
- 5 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.
Risks & watch-outs
- Watch-outs: flood insurance adds $152/mo; HOA is 42% of rent.
- Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance); 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.
Questions for the listing agent
- 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?
- It's been on market 167 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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.
- 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?
- 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
- 1.86% ✓
- Cap rate
- 6.87%
- Cash-on-cash
- 2.05%
- DSCR
- 1.09
- GRM
- 4.5
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 2.78% rent growth · sell at horizon
- IRR
- -24.5%
- Equity multiple
- 0.16×
- Total profit
- $-21,756
- Equity at exit
- $13,859
- IRR
- -19.4%
- Equity multiple
- -0.04×
- Total profit
- $-27,141
- Equity at exit
- $8,037
Cash invested: $26,026 (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 33311
- Rents YoY
- 2.8%
- Active inventory
- 585
- Price-to-rent
- 4.5×
Monthly cashflow live
- Estimated rent
- $1,733 high interval (Pro) →
- Mortgage (P&I)
- −$487
- Tax from tax record
- −$68 /mo · $817/yr
- Insurance
- −$39
- Flood insurance flood zone
- −$152 /mo · $1,824/yr
- HOA
- −$730
- Vacancy / Maint / Mgmt
- −$364
- Net cashflow
- $-108
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
- $23,238
- Closing costs
- $2,788
- 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 Somerset Dr Unit 418J Lauderdale Lakes, FL | 2.0 | 2.0 | 1010 | $1,800 | $1.78 | 14d | 1 | 0.08mi |
| 2821 Somerset Dr #217 Lauderdale Lakes, FL | 1.0 | 1.0 | 748 | $1,400 | $1.87 | 2d | 1 | 0.10mi |
| 2830 Somerset Dr Lauderdale Lakes, FL | 2.0 | 2.0 | 1010 | $1,925 | $1.91 | 10d | 2 | 0.14mi |
| 2811 Somerset Dr #412 Lauderdale Lakes, FL | 2.0 | 2.0 | 865 | $1,700 | $1.97 | 7d | 1 | 0.15mi |
| 2841 Somerset Dr Lauderdale Lakes, FL | 1.0 | 1.0 | 696 | $1,598 | $2.30 | 11d | 3 | 0.17mi |
| 2801 Somerset Dr Lauderdale Lakes, FL | 2.0 | 2.0 | 865 | $1,775 | $2.05 | 24d | 2 | 0.20mi |
| 2851 Somerset Dr Lauderdale Lakes, FL | 1.0–2.0 | 1.0–2.0 | 827 | $1,300 | $1.57 | 2d | 2 | 0.21mi |
| 2871 Somerset Dr #207 Lauderdale Lakes, FL | 1.0 | 1.0 | 644 | $1,400 | $2.17 | 24d | 1 | 0.27mi |
| 3390 NW 30th St Unit 3 Lauderdale Lakes, FL | 2.0 | 1.0 | 800 | $1,650 | $2.06 | 24d | 1 | 0.29mi |
| 2725 Somerset Dr Lauderdale Lakes, FL | 1.0–2.0 | 1.0–2.0 | 990 | $1,685 | $1.70 | 24d | 1 | 0.31mi |
| 3115 Oakland Shores Dr Unit E208 Oakland Park, FL | 1.0 | 1.0 | 760 | $1,600 | $2.11 | 5d | 1 | 0.39mi |
| 3115 Oakland Shores Dr Unit E208 Oakland Park, FL | 1.0 | 1.0 | 760 | $1,700 | $2.24 | 24d | 1 | 0.39mi |
| 3123 Oakland Shores Dr Unit D112 Oakland Park, FL | 1.0 | 1.0 | 760 | $1,450 | $1.91 | 20d | 1 | 0.45mi |
| 3123 Oakland Shores Dr Unit D112 Oakland Park, FL | 1.0 | 1.0 | 760 | $1,450 | $1.91 | 10d | 1 | 0.45mi |
| 3119 Oakland Shores Dr Unit C212 Oakland Park, FL | 1.0 | 1.0 | 760 | $1,380 | $1.82 | 24d | 1 | 0.45mi |
| 3119 Oakland Shores Dr Unit C110 Oakland Park, FL | 2.0 | 2.0 | 1050 | $1,800 | $1.71 | 7d | 1 | 0.45mi |
| 3541 NW 30th Pl Lauderdale Lakes, FL | 1.0–3.0 | 1.0–2.0 | 865 | $1,739 | $2.01 | 1d | 14 | 0.47mi |
| 3082 S Oakland Forest Dr #1301 Oakland Park, FL | 2.0 | 2.5 | 1098 | $1,975 | $1.80 | 20d | 1 | 0.48mi |
| 3621 NW 30th Ct Oakland Park, FL | 2.0 | 2.5 | 1104 | $2,695 | $2.44 | 13d | 1 | 0.55mi |
| 2720 S Oakland Forest Dr Oakland Park, FL | 2.0 | 2.0 | 1100 | $2,050 | $1.86 | 24d | 1 | 0.67mi |
| 3540 NW 34th Ter Lauderdale Lakes, FL | 2.0 | 1.0 | 1056 | $1,200 | $1.14 | 17d | 1 | 0.68mi |
| 2040 NW 29th Ter Unit 2040 Fort Lauderdale, FL | 2.0 | 1.0 | 916 | $2,600 | $2.84 | 14d | 1 | 0.74mi |
| 2040 NW 29th Ter Unit 2040 Fort Lauderdale, FL | 2.0 | 1.0 | 916 | $2,400 | $2.62 | 7d | 1 | 0.74mi |
| 2890 N Oakland Forest Dr #111 Oakland Park, FL | 2.0 | 2.0 | 1038 | $2,000 | $1.93 | 7d | 1 | 0.74mi |
| 2890 N Oakland Forest Dr #204 Oakland Park, FL | 2.0 | 2.0 | 992 | $2,000 | $2.02 | 19d | 1 | 0.74mi |
| 2733 S Oakland Forest Dr Oakland Park, FL | 2.0 | 2.0 | 1050 | $2,200 | $2.10 | 24d | 1 | 0.75mi |
| 2850 N Oakland Forest Dr Oakland Park, FL | 1.0 | 1.0 | 786 | $1,675 | $2.13 | 19d | 2 | 0.76mi |
| 2850 N Oakland Forest Dr Oakland Park, FL | 1.0–2.0 | 1.0–2.0 | 918 | $1,600 | $1.74 | 2d | 4 | 0.76mi |
| 2820 N Oakland Forest Dr Oakland Park, FL | 1.0 | 1.0 | 824 | $1,735 | $2.11 | 7d | 2 | 0.78mi |
| 2810 N Oakland Forest Dr #108 Oakland Park, FL | 1.0 | 1.0 | 862 | $1,550 | $1.80 | 24d | 1 | 0.80mi |
| 2810 N Oakland Forest Dr #104 Oakland Park, FL | 2.0 | 2.0 | 1050 | $2,295 | $2.19 | 2d | 1 | 0.80mi |
| 2880 N Oakland Forest Dr Oakland Park, FL | 1.0–2.0 | 1.0–2.0 | 921 | $1,799 | $1.95 | 5d | 2 | 0.80mi |
| 2880 N Oakland Forest Dr Oakland Park, FL | 1.0–2.0 | 1.0–2.0 | 921 | $1,799 | $1.95 | 24d | 2 | 0.80mi |
| 2880 N Oakland Forest Dr Oakland Park, FL | 1.0–2.0 | 1.0–2.0 | 912 | $1,654 | $1.81 | 3d | 3 | 0.80mi |
| 3710 NW 21st St #305 Lauderdale Lakes, FL | 2.0 | 2.0 | 1100 | $1,650 | $1.50 | 24d | 1 | 0.81mi |
| 2700 NW 39th Way Lauderdale Lakes, FL | 2.0–3.0 | 1.0–1.5 | 858 | $1,750 | $2.04 | 3d | 6 | 0.82mi |
| 2881 N Oakland Forest Dr Oakland Park, FL | 2.0 | 2.0 | 1119 | $2,220 | $1.98 | 14d | 3 | 0.83mi |
| 2881 N Oakland Forest Dr Oakland Park, FL | 1.0–2.0 | 1.0–2.0 | 1002 | $1,690 | $1.69 | 11d | 5 | 0.83mi |
| 3610 NW 21st St Lauderdale Lakes, FL | 1.0–2.0 | 1.0–2.0 | 950 | $1,500 | $1.58 | 24d | 2 | 0.84mi |
| 3610 NW 21st St #308 Lauderdale Lakes, FL | 2.0 | 2.0 | 1100 | $1,750 | $1.59 | 21d | 1 | 0.84mi |
HOA detail condo
- Monthly dues
- $730 · $8,760/yr
- Likely covers
- security
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 14 events
-
2025-12-05$92,950 Active
-
2023-11-08soldstatus $95,900 Closed 786-char remark
Show marketing remark (786 chars)
Cozy 1 Br and 1.5 bathroom condo is waiting for you! Use as a vacation get away from the cold winter months. Freshly painted unit, outfitted with tiled flooring throughout common areas and wood laminate in bedroom. Updated kitchen cabinets and bathroom vanities. Located in a gated community. Near highways, shopping and entertainment. 10-20 Minutes from the beach. Being sold As-Is. Association requires 10% down payment. Dog allowed, max weight 15 Lbs when fully grown, 18+ years old and older allowed to live in unit, one person must be 55+ years of age per association. No leasing first 2 years of ownership. THIS COMMUNITY IS FOR OWNER OCCUPANTS ONLY! Corporations and trusts can purchase as per association. Fridge does not convey with the sale. Don't wait! Put your offer in NOW!
-
2023-11-08soldstatus $95,900
Show marketing remark (786 chars)
Cozy 1 Br and 1.5 bathroom condo is waiting for you! Use as a vacation get away from the cold winter months. Freshly painted unit, outfitted with tiled flooring throughout common areas and wood laminate in bedroom. Updated kitchen cabinets and bathroom vanities. Located in a gated community. Near highways, shopping and entertainment. 10-20 Minutes from the beach. Being sold As-Is. Association requires 10% down payment. Dog allowed, max weight 15 Lbs when fully grown, 18+ years old and older allowed to live in unit, one person must be 55+ years of age per association. No leasing first 2 years of ownership. THIS COMMUNITY IS FOR OWNER OCCUPANTS ONLY! Corporations and trusts can purchase as per association. Fridge does not convey with the sale. Don't wait! Put your offer in NOW!
-
2023-10-10historical $1,600
-
2023-10-09historical Active Under Contract 786-char remark
Show marketing remark (786 chars)
Cozy 1 Br and 1.5 bathroom condo is waiting for you! Use as a vacation get away from the cold winter months. Freshly painted unit, outfitted with tiled flooring throughout common areas and wood laminate in bedroom. Updated kitchen cabinets and bathroom vanities. Located in a gated community. Near highways, shopping and entertainment. 10-20 Minutes from the beach. Being sold As-Is. Association requires 10% down payment. Dog allowed, max weight 15 Lbs when fully grown, 18+ years old and older allowed to live in unit, one person must be 55+ years of age per association. No leasing first 2 years of ownership. THIS COMMUNITY IS FOR OWNER OCCUPANTS ONLY! Corporations and trusts can purchase as per association. Fridge does not convey with the sale. Don't wait! Put your offer in NOW!
-
2023-10-04status Active 786-char remark
Show marketing remark (786 chars)
Cozy 1 Br and 1.5 bathroom condo is waiting for you! Use as a vacation get away from the cold winter months. Freshly painted unit, outfitted with tiled flooring throughout common areas and wood laminate in bedroom. Updated kitchen cabinets and bathroom vanities. Located in a gated community. Near highways, shopping and entertainment. 10-20 Minutes from the beach. Being sold As-Is. Association requires 10% down payment. Dog allowed, max weight 15 Lbs when fully grown, 18+ years old and older allowed to live in unit, one person must be 55+ years of age per association. No leasing first 2 years of ownership. THIS COMMUNITY IS FOR OWNER OCCUPANTS ONLY! Corporations and trusts can purchase as per association. Fridge does not convey with the sale. Don't wait! Put your offer in NOW!
-
2023-09-30historical Active Under Contract 786-char remark
Show marketing remark (786 chars)
Cozy 1 Br and 1.5 bathroom condo is waiting for you! Use as a vacation get away from the cold winter months. Freshly painted unit, outfitted with tiled flooring throughout common areas and wood laminate in bedroom. Updated kitchen cabinets and bathroom vanities. Located in a gated community. Near highways, shopping and entertainment. 10-20 Minutes from the beach. Being sold As-Is. Association requires 10% down payment. Dog allowed, max weight 15 Lbs when fully grown, 18+ years old and older allowed to live in unit, one person must be 55+ years of age per association. No leasing first 2 years of ownership. THIS COMMUNITY IS FOR OWNER OCCUPANTS ONLY! Corporations and trusts can purchase as per association. Fridge does not convey with the sale. Don't wait! Put your offer in NOW!
-
2023-09-23$1,600
-
2023-09-22$95,900 Active 786-char remark
Show marketing remark (786 chars)
Cozy 1 Br and 1.5 bathroom condo is waiting for you! Use as a vacation get away from the cold winter months. Freshly painted unit, outfitted with tiled flooring throughout common areas and wood laminate in bedroom. Updated kitchen cabinets and bathroom vanities. Located in a gated community. Near highways, shopping and entertainment. 10-20 Minutes from the beach. Being sold As-Is. Association requires 10% down payment. Dog allowed, max weight 15 Lbs when fully grown, 18+ years old and older allowed to live in unit, one person must be 55+ years of age per association. No leasing first 2 years of ownership. THIS COMMUNITY IS FOR OWNER OCCUPANTS ONLY! Corporations and trusts can purchase as per association. Fridge does not convey with the sale. Don't wait! Put your offer in NOW!
-
2023-06-19historical
-
2023-02-16$95,000 Active
-
2001-05-01soldstatus $13,600
-
1979-05-01soldstatus $29,000
-
1979-05-01soldstatus $29,000
ⓘ 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
- $817 · $68/mo
- Projected year-2 tax
- $817 · $68/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 AH · 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,791
- − Mortgage interest
- −$5,207
- − Property taxes
- −$817
- − Insurance
- −$2,289
- − Repairs & maintenance
- −$1,663
- − Management
- −$1,663
- − HOA
- −$8,760
- − Depreciation
- −$2,704
- Taxable loss
- −$2,312
- Est. tax savings @ 24.0%
- +$555
- After-tax cash flow
- $-736/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
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)
- 74,898
- Household income
- $53,973
- Rent vs Own
- Severe rent burden
- 5068.0
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% Two or more races 9% White 9% Hispanic / Latino 9%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 2% Cuban 1%
- Common ancestry
- Hispanic 15% Lithuanian 1% Romanian 0%
- Foreign-born
- 24% · Canada, Jamaica
- Languages at home
- 78% English-only · French/Haitian/Cajun 14% Spanish 6% Other Indo-European 1%
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
- ▼ -300.68%
- Current HPI
- 535.2504
- Rent YoY
- ▲ 2.78%
- 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 |
|
||
| Technology Manufacturing | 1 | $35B |
|
||
Price history
+220.5% since first listed14 events — show timeline
- 2025-12-05 Listed $92,950 MARMLS
- 2023-11-08 Sold (Public Records) $95,900 Public Records
- 2023-11-08 Sold (MLS) $95,900 MARMLS
- 2023-10-10 Rental Removed $1,600 MARMLS
- 2023-10-09 Contingent — MARMLS
- 2023-10-04 Relisted — MARMLS
- 2023-09-30 Contingent — MARMLS
- 2023-09-23 Listed for Rent $1,600 MARMLS
- 2023-09-22 Listed $95,900 MARMLS
- 2023-06-19 Listing Removed — MARMLS
- 2023-02-16 Listed $95,000 MARMLS
- 2001-05-01 Sold (Public Records) $13,600 Public Records
- 1979-05-01 Sold (Public Records) $29,000 Public Records
- 1979-05-01 Sold (Public Records) $29,000 Public Records
Property tax history
+1.0%/yrLatest (2025): $817 · -38.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…