3400 NW 48th Ave · Lauderdale Lakes, FL
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
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 +21.9/30.0
- ARV discount +15.0/15.0
- 1% rule +7.5/10.0
- DSCR +7.5/10.0
- Livability +4.0/5.0
- Condition / age +3.8/5.0
- Schools +2.5/10.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$89,900
3400 NW 48th Ave · Lauderdale Lakes, FL 33319
2 bd · 2.0 ba · 944 sqft · Townhouse
· 137 Days on market
55+ age-restricted
Built 1974
$95/sqft
· 18% below area
Est $110k · 18% under
$522/mo HOA · 29% of rent
↓ 10% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to Hawaiian Gardens, a vibrant 55+ community offering resort-style amenities including heated pools, clubhouse, fitness center, sauna, shuffleboard, and beautifully maintained grounds designed for active, social living. This spacious condo features serene waterfront views, a neutral palette, and is vacant and move-in ready. The kitchen has been fully remodeled, and the bathrooms offer tasteful updates. Enjoy relaxing on your covered, screened balcony and the convenience of walking to nearby amenities. Association requirements include a minimum 650 credit score; cash buyers must show at least $50,000 annual income for the past two years, or $80,000 if financing.
Key facts
- $522 HOA
- Parking
- Community pool
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath townhouse listed at $90k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $300 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $90k).
- Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.3% vs local median 5.4% in Lauderdale Lakes — 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 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: Park Lakes Elementary School (math 35% / reading 44%, grade F, #1,513 of 2,144 statewide, top 73%, 970 students, 82% 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 78% FRL vs 51% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 25% at this address vs 48% district-wide (-22 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 (-1.4%/yr); 1054 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $622 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 137 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 29% of rent.
Recommended offer
$79,112
(12.0% below list)
Questions for the listing agent
- It's been on market 137 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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 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
- 2.03% ✓
- Cap rate
- 10.30%
- Cash-on-cash
- 14.29%
- DSCR
- 1.64
- GRM
- 4.1
CMA / ARV
- ARV (median comp)
- $109,652
- List price
- $89,900
- Delta
- -18.01%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5171 W Oakland Park Blvd #110 | 0.37mi | 2/2.0 | 944 (0%) | 0mo | $90,000 | $95 | 82 |
| 3430 NW 52nd Ave #110 | 0.37mi | 2/2.0 | 944 (0%) | 1mo | $58,000 | $61 | 82 |
| 5171 W Oakland Park Blvd #203 | 0.37mi | 2/2.0 | 944 (0%) | 1mo | $125,000 | $132 | 82 |
| 3430 NW 52nd Ave #102 | 0.37mi | 2/2.0 | 944 (0%) | 5mo | $105,000 | $111 | 78 |
| 3121 NW 47th Ter #416 | 0.28mi | 2/2.0 | 1,002 (+6%) | 2mo | $156,000 | $156 | 75 |
| 3061 NW 47th Ter Unit 226A | 0.44mi | 2/2.0 | 920 (-2%) | 2mo | $112,000 | $122 | 74 |
| 4899 NW 26th Ct #447 | 0.65mi | 2/2.0 | 960 (+2%) | 4mo | $125,000 | $130 | 64 |
| 4191 NW 41st St #214 | 0.68mi | 1/1.5 (-1) | 940 (-0%) | 1mo | $60,000 | $64 | 60 |
| 2901 NW 46th Ave #101 | 0.56mi | 2/2.0 | 1,021 (+8%) | 2mo | $130,000 | $127 | 59 |
| 2951 NW 46th Ave #310 | 0.52mi | 2/2.0 | 1,021 (+8%) | 5mo | $120,000 | $118 | 58 |
| 4000 NW 44th Ave #207 | 0.51mi | 2/2.0 | 1,044 (+11%) | 2mo | $108,500 | $104 | 58 |
| 2964 NW 55th Ave Unit 1B | 0.67mi | 1/1.5 (-1) | 840 (-11%) | 5mo | $132,000 | $157 | 39 |
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
- -0.5%
- Equity multiple
- 0.98×
- Total profit
- $-477
- Equity at exit
- $13,404
10-year hold
- IRR
- 3.4%
- Equity multiple
- 1.19×
- Total profit
- $4,900
- Equity at exit
- $7,773
Cash invested: $25,172 (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.
Buyer's market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 340 active · 68 under contract
- Months of supply
- 44.3 mo (2%/mo absorbed)
- Median asking
- $125,000 ($134/sqft)
- Median days on market
- 145 d
- This list price
- 10% of active listings are priced below it
- ARV vs active asking
- -13.0% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33319
- Rents YoY
- -1.4%
- Active inventory
- 1054
- Price-to-rent
- 4.1×
Monthly cashflow live
↻
- Estimated rent
- $1,827 high interval (Pro) →
- Mortgage (P&I)
- −$471
- Tax est. 1.5%
- −$112 /mo · $1,348/yr
- Insurance
- −$37
- HOA
- −$522
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$384
- Net cashflow
- $300
Break-even live
Break-even rent
$1,447
Max offer price
$89,900
Occupancy floor
79%
Sensitivity live
| Price | -10% $362 | -5% $331 | +0% $300 | +5% $269 | +10% $238 |
|---|---|---|---|---|---|
| Rent | -10% $156 | -5% $228 | +0% $300 | +5% $372 | +10% $444 |
| Rate | -1.0pp $345 | -0.5pp $323 | base $300 | +0.5pp $277 | +1.0pp $253 |
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
- $22,475
- Closing costs
- $2,697
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 3301 NW 47th Ter #308 Lauderdale Lakes, FL | 1.0 | 2.0 | 750 | $2,200 | $2.93 | 107d | 1 | 0.10mi |
| 3406 NW 49th Ave #515 Lauderdale Lakes, FL | 2.0 | 2.0 | 944 | $2,200 | $2.33 | 32d | 1 | 0.12mi |
| 3341 NW 47th Ter #301 Lauderdale Lakes, FL | 2.0 | 2.0 | 1002 | $2,050 | $2.05 | 98d | 1 | 0.13mi |
| 3460 NW 50th Ave Lauderdale Lakes, FL | 1.0–2.0 | 1.0 | 737 | $1,725 | $2.34 | 80d | 2 | 0.15mi |
| 3460 NW 50th Ave Lauderdale Lakes, FL | 1.0–2.0 | 1.0 | 675 | $1,699 | $2.52 | 4d | 1 | 0.15mi |
| 3400 NW 50th Ave Lauderdale Lakes, FL | 1.0–2.0 | 1.0–2.0 | 750 | $1,749 | $2.33 | 4d | 4 | 0.17mi |
| 3101 NW 47th Ter Lauderdale Lakes, FL | 1.0–2.0 | 1.5–2.0 | 861 | $1,900 | $2.21 | 0d | 2 | 0.17mi |
| 3101 NW 47th Ter #120 Lauderdale Lakes, FL | 2.0 | 2.0 | 1002 | $1,950 | $1.95 | 19d | 1 | 0.17mi |
| 3101 NW 47th Ter #335 Lauderdale Lakes, FL | 2.0 | 2.0 | 1002 | $1,900 | $1.90 | 11d | 1 | 0.17mi |
| 3101 NW 47th Ter #120 Lauderdale Lakes, FL | 2.0 | 2.0 | 1002 | $2,200 | $2.20 | 75d | 1 | 0.17mi |
| 3531 NW 50th Ave #609 Lauderdale Lakes, FL | 1.0 | 1.0 | 684 | $1,350 | $1.97 | 120d | 1 | 0.23mi |
| 5051 W Oakland Park Blvd #204 Lauderdale Lakes, FL | 2.0 | 2.0 | 944 | $1,900 | $2.01 | 120d | 1 | 0.24mi |
| 5051 W Oakland Park Blvd #204 Lauderdale Lakes, FL | 2.0 | 2.0 | 944 | $1,695 | $1.80 | 28d | 1 | 0.24mi |
| 3121 NW 47th Ter #212 Lauderdale Lakes, FL | 1.0 | 1.5 | 721 | $1,575 | $2.18 | 47d | 1 | 0.25mi |
| 3161 NW 47th Ter #110 Lauderdale Lakes, FL | 1.0 | 1.5 | 721 | $1,500 | $2.08 | 101d | 1 | 0.26mi |
| 3161 NW 47th Ter #402 Lauderdale Lakes, FL | 2.0 | 2.0 | 1002 | $2,000 | $2.00 | 11d | 1 | 0.26mi |
| 3161 NW 47th Ter #111 Lauderdale Lakes, FL | 1.0 | 1.5 | 721 | $1,500 | $2.08 | 120d | 1 | 0.26mi |
| 3141 NW 47th Ter #122 Lauderdale Lakes, FL | 2.0 | 2.0 | 1002 | $2,000 | $2.00 | 3d | 1 | 0.26mi |
| 3141 NW 47th Ter #324 Lauderdale Lakes, FL | 1.0 | 1.5 | 721 | $1,500 | $2.08 | 28d | 1 | 0.26mi |
| 3141 NW 47th Ter #430 Lauderdale Lakes, FL | 2.0 | 2.0 | 1002 | $1,700 | $1.70 | 117d | 1 | 0.26mi |
| 3141 NW 47th Ter Lauderdale Lakes, FL | 1.0–2.0 | 2.0 | 876 | $2,000 | $2.28 | 7d | 2 | 0.26mi |
| 3141 NW 47th Ter Lauderdale Lakes, FL | 1.0–2.0 | 1.5–2.0 | 861 | $1,700 | $1.97 | 120d | 2 | 0.26mi |
| 4400 NW 36th St Lauderdale Lakes, FL | 1.0–3.0 | 1.0–2.0 | 905 | $1,875 | $2.07 | 26d | 13 | 0.27mi |
| 5001 W Oakland Park Blvd #106 Lauderdale Lakes, FL | 1.0 | 1.0 | 684 | $1,500 | $2.19 | 51d | 1 | 0.29mi |
| 5041 W Oakland Park Blvd Lauderdale Lakes, FL | 2.0 | 2.0 | 850 | $1,900 | $2.24 | 38d | 1 | 0.31mi |
| 3099 NW 48th Ave Lauderdale Lakes, FL | 1.0–2.0 | 1.5–2.0 | 832 | $1,550 | $1.86 | 5d | 2 | 0.32mi |
| 3099 NW 48th Ave Lauderdale Lakes, FL | 1.0–2.0 | 1.5–2.0 | 832 | $1,750 | $2.10 | 32d | 2 | 0.32mi |
| 3099 NW 48th Ave #153 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,850 | $1.93 | 120d | 1 | 0.32mi |
| 3099 NW 48th Ave #153 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,850 | $1.93 | 83d | 1 | 0.32mi |
| 5031 W Oakland Park Blvd Lauderdale Lakes, FL | 2.0 | 2.0 | 944 | $1,750 | $1.85 | 3d | 2 | 0.33mi |
| 5031 W Oakland Park Blvd Lauderdale Lakes, FL | 1.0–2.0 | 1.0–2.0 | 682 | $1,900 | $2.79 | 90d | 2 | 0.33mi |
| 5031 W Oakland Park Blvd Lauderdale Lakes, FL | 1.0–2.0 | 1.0–2.0 | 684 | $1,950 | $2.85 | 45d | 2 | 0.33mi |
| 5021 W Oakland Park Blvd Lauderdale Lakes, FL | 1.0 | 1.0 | 684 | $1,400 | $2.05 | 10d | 2 | 0.34mi |
| 5021 W Oakland Park Blvd Lauderdale Lakes, FL | 1.0 | 1.0 | 684 | $1,550 | $2.27 | 113d | 2 | 0.34mi |
| 5181 W Oakland Park Blvd Lauderdale Lakes, FL | 1.0 | 1.0 | 684 | $1,400 | $2.05 | 19d | 2 | 0.34mi |
| 5021 W Oakland Park Blvd #204 Lauderdale Lakes, FL | 1.0 | 1.0 | 684 | $1,500 | $2.19 | 62d | 1 | 0.35mi |
| 5021 W Oakland Park Blvd #204 Lauderdale Lakes, FL | 1.0 | 1.0 | 684 | $1,500 | $2.19 | 11d | 1 | 0.35mi |
| 5011 W Oakland Park Blvd #310 Lauderdale Lakes, FL | 2.0 | 2.0 | 944 | $1,800 | $1.91 | 57d | 1 | 0.35mi |
| 5181 W Oakland Park Blvd #312 Lauderdale Lakes, FL | 1.0 | 1.0 | 684 | $1,350 | $1.97 | 48d | 1 | 0.36mi |
| 3070 NW 48th Ter Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,600 | $1.67 | 38d | 2 | 0.36mi |
Property features AI
Finance
- Financial info
- Pets not allowed in this multifamily community
- HOA & community
- Part of Hawaiian Gardens Phase 8 associationMonthly association fee: $522Association amenities include billiard room, clubhouse, elevators, fitness center, parking, pool (heated), and recreation facilitiesAssociation fee covers insurance, grounds and structure maintenance, sewer, trash, water, common areas, common real estate tax, elevator, reserves, roof repairs and recreation facility
Exterior
- Parking
- Assigned parkingCommon open parkingTotal parking spaces: 1
- Utilities
- Public waterPublic sewerCable availableElectricity connectedWater availableSewer connected
- Home design
- CondominiumOne levelEntry on level 2Faces westResale condition
- Construction
- Block constructionBuilt on slab foundationFlat, shingle and other roof types3-story building (unit in a multi-story building)
- Exterior features
- Screened patioScreened porchPatioPorchWaterfront: Yes (no specific waterfront features listed)
Interior
- Kitchen
- Electric rangeMicrowaveRefrigerator
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- CarpetCeramic tileTile
- Bathrooms
- 2 full bathrooms on the main level
- Heating & cooling
- Central airCeiling fansPaddle fans
- Interior features
- Entrance foyerSplit bedroom layout
- Laundry & utility
- Common area laundry room
HOA detail $522/mo · $6,264/yr
- Likely covers
- waterlandscapingpoolgym
Listing history 50 events
-
2026-08-10days on market $89,900 Active 137 DOM
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2026-08-09days on market $89,900 Active 136 DOM
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2026-08-08days on market $89,900 Active 135 DOM
-
2026-08-06days on market $89,900 Active 133 DOM
-
2026-08-05days on market $89,900 Active 132 DOM
-
2026-08-03days on market $89,900 Active 130 DOM
-
2026-07-31days on market $89,900 Active 127 DOM
-
2026-07-28days on market $89,900 Active 124 DOM
-
2026-07-24days on market $89,900 Active 120 DOM
-
2026-07-23days on market $89,900 Active 119 DOM
-
2026-07-22days on market $89,900 Active 118 DOM
-
2026-07-21days on market $89,900 Active 117 DOM
-
2026-07-20days on market $89,900 Active 116 DOM
-
2026-07-16days on market $89,900 Active 112 DOM
-
2026-07-15days on market $89,900 Active 111 DOM
-
2026-07-14days on market $89,900 Active 110 DOM
-
2026-07-13days on market $89,900 Active 109 DOM
-
2026-07-13days on market $89,900 Active 108 DOM
-
2026-07-11days on market $89,900 Active 107 DOM
-
2026-07-10days on market $89,900 Active 106 DOM
-
2026-07-09days on market $89,900 Active 105 DOM
-
2026-07-07days on market $89,900 Active 103 DOM
-
2026-07-06days on market $89,900 Active 102 DOM
-
2026-07-06days on market $89,900 Active 101 DOM
-
2026-07-03days on market $89,900 Active 99 DOM
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2026-07-02days on market $89,900 Active 98 DOM
-
2026-07-01days on market $89,900 Active 97 DOM
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2026-06-30days on market $89,900 Active 96 DOM
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2026-06-29days on market $89,900 Active 95 DOM
-
2026-06-28days on market $89,900 Active 94 DOM
-
2026-06-27days on market $89,900 Active 93 DOM
-
2026-06-26days on market $89,900 Active 92 DOM
-
2026-06-24days on market $89,900 Active 90 DOM
-
2026-06-22days on market $89,900 Active 88 DOM
-
2026-06-21days on market $89,900 Active 87 DOM
-
2026-06-18days on market $89,900 Active 84 DOM
-
2026-06-17days on market $89,900 Active 83 DOM
-
2026-06-16days on market $89,900 Active 82 DOM
-
2026-06-15days on market $89,900 Active 81 DOM
-
2026-06-13days on market $89,900 Active 79 DOM
-
2026-06-09days on market $89,900 Active 75 DOM
-
2026-06-08days on market $89,900 Active 74 DOM
-
2026-06-07days on market $89,900 Active 73 DOM
-
2026-06-04days on market $89,900 Active 70 DOM
-
2026-06-03days on market $89,900 Active 69 DOM
-
2026-06-02days on market $89,900 Active 68 DOM
-
2026-06-01days on market $89,900 Active 67 DOM
-
2026-05-31days on market $89,900 Active 66 DOM
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2026-05-16price $89,900
-
2026-03-26$99,900 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,921
- − Mortgage interest
- −$5,036
- − Property taxes
- −$1,348
- − Insurance
- −$450
- − Repairs & maintenance
- −$1,754
- − Management
- −$1,754
- − HOA
- −$6,264
- − Depreciation
- −$2,615
- Taxable income
- $2,700
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$648
- After-tax cash flow
- $2,950/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.
Condition & rehab AI · 14 photos
75/100
Cosmetic rehab
Est. rehab $4,720–$14,160 screening
This condo is in good condition with a neutral color palette and well-maintained landscaping. It is move-in ready and offers a good return on investment with minor updates to the exterior and interior paint and flooring.
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics, attracting more buyers and renters. ↑
- Both Updating the flooring in common areas — Replacing worn-out flooring can improve the overall look and feel of the property, making it more appealing to potential buyers and renters. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 25/100
Zoned Schools
Elementary
Park Lakes Elementary School
F
FL #1,513/2,144
Nat'l #19,648/41,679
Middle
Lauderdale Lakes Middle School
F
FL #536/571
Nat'l #10,902/14,009
High
Boyd H. Anderson High School
F
FL #622/667
Nat'l #15,857/17,239
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
A
Composite livability gradescore 81/100
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 · 2,207,033 people
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 54,450
- Household income
- $58,388
- Rent vs Own
- Severe rent burden
- 15% of renters
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 |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-10.0% since first listed2 events — show timeline
- 2026-05-16 Price Changed $89,900 Beaches MLS
- 2026-03-26 Listed $99,900 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…