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2998 NW 48th Ter #432
C- Composite 52.52
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 +17.3/30.0
  • 1% rule +9.1/10.0
  • ARV discount +7.5/15.0
  • DSCR +5.4/10.0
  • 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

$122,500

2998 NW 48th Ter #432 · Lauderdale Lakes, FL 33313
2 bd · 2.0 ba · 960 sqft · Condo public records · 47 Days on market
Built 1973 $541/mo HOA · 31% of rent

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

Listing remarks MLS

2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

Key facts

  • Split floor plan
  • Enclosed patio
  • $541 HOA

Tags

SPLIT FLOOR PLANRESORT STYLE CLUBHOUSEENCLOSED PATIOWELL MANAGED COMMUNITYSTEPS AWAY FROM THE POOL

Property features AI

Finance

  • Financial info: Pets not allowed
  • HOA & community: Monthly association fee; Association fee covers common areas, grounds maintenance, structure maintenance, pool(s), sewer, trash, and water; Amenities include clubhouse, barbecue area, picnic area, shuffleboard court, and elevators; Senior community

Exterior

  • Parking: One parking space
  • Utilities: Water included in association fee; Sewer included in association fee; Trash service included in association fee; Power: Central
  • Home design: 4 total stories; Property has attached unit(s); Entry located on level 4
  • Construction: Block construction; Effective year built
  • Exterior features: Enclosed porch; Porch with screened area

Interior

  • Kitchen: Dishwasher; Electric range; Refrigerator
  • Bedrooms: Bedroom located on the main level
  • Flooring: Laminate flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Pantry; Walk-in closet(s); Bedroom on main level

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 $122k.

Deal economics

  • At list price, monthly cash flow is $91 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $122k).
  • Recommended offer: $119k (3.0% below list) — sets the bar for market timing.
  • Cap rate 7.2% 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 flat; 664 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 45% 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 $847 of loan paydown is wiped out by about $4k 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 47 days — a 3% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
  • 9 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 31% 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 $118,825 (3.0% below list)

Questions for the listing agent

  1. It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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 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
1.41%
Cap rate
7.18%
Cash-on-cash
3.17%
DSCR
1.14
GRM
5.9

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
-15.6%
Equity multiple
0.46×
Total profit
$-18,408
Equity at exit
$18,265
10-year hold
IRR
-16.1%
Equity multiple
0.26×
Total profit
$-25,381
Equity at exit
$10,592

Cash invested: $34,300 (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
664
Price-to-rent
5.9×

Monthly cashflow live

Estimated rent
$1,722 high interval (Pro) →
Mortgage (P&I)
$642
Tax from tax record
$36 /mo · $426/yr
Insurance
$51
HOA
$541
Vacancy / Maint / Mgmt
$362
Net cashflow
$91

Break-even live

Break-even rent $1,608
Max offer price $122,500
Occupancy floor 90%

Sensitivity live

Price -10% $160 -5% $125 +0% $91 +5% $56 +10% $21
Rent -10% $-45 -5% $23 +0% $91 +5% $159 +10% $227
Rate -1.0pp $152 -0.5pp $122 base $91 +0.5pp $59 +1.0pp $27

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
$30,625
Closing costs
$3,675
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
3070 NW 48th Ter #104 Lauderdale Lakes, FL 2.0 2.0 960 $1,750 $1.82 25d 1 0.07mi
3070 NW 48th Ter Lauderdale Lakes, FL 2.0 2.0 960 $1,750 $1.82 8d 2 0.07mi
3070 NW 48th Ter #405 Lauderdale Lakes, FL 2.0 2.0 960 $1,850 $1.93 3d 1 0.07mi
3001 NW 48th Ave #440 Lauderdale Lakes, FL 1.0 1.5 705 $1,300 $1.84 25d 1 0.10mi
3099 NW 48th Ave #153 Lauderdale Lakes, FL 2.0 2.0 960 $1,850 $1.93 25d 1 0.14mi
3061 NW 47th Ter Unit 132C Lauderdale Lakes, FL 1.0 1.0 610 $1,500 $2.46 25d 1 0.14mi
3061 NW 47th Ter #327 Lauderdale Lakes, FL 1.0 1.5 662 $1,500 $2.27 25d 1 0.14mi
3061 NW 47th Ter Unit 327B Lauderdale Lakes, FL 1.0 1.5 662 $1,600 $2.42 8d 1 0.14mi
3061 NW 47th Ter Unit 335B Lauderdale Lakes, FL 1.0 1.5 662 $1,500 $2.27 0d 1 0.14mi
2901 NW 47th Ter Unit 348B Lauderdale Lakes, FL 1.0 1.5 662 $1,350 $2.04 25d 1 0.14mi
2901 NW 47th Ter Unit 247B Lauderdale Lakes, FL 1.0 1.5 662 $1,400 $2.11 0d 1 0.14mi
2861 NW 47th Ter Unit 201A Lauderdale Lakes, FL 2.0 2.0 1021 $1,700 $1.67 0d 1 0.18mi
2861 NW 47th Ter Unit 207B Lauderdale Lakes, FL 1.0 1.0 768 $1,400 $1.82 25d 1 0.18mi
2861 NW 47th Ter Lauderdale Lakes, FL 2.0 2.0 1021 $1,700 $1.67 25d 1 0.18mi
4851 NW 26th Ct #338 Lauderdale Lakes, FL 1.0 1.0 705 $1,650 $2.34 18d 1 0.19mi
3141 NW 47th Ter Lauderdale Lakes, FL 1.0–2.0 1.5–2.0 861 $1,700 $1.97 25d 2 0.19mi
3141 NW 47th Ter #430 Lauderdale Lakes, FL 2.0 2.0 1002 $1,700 $1.70 23d 1 0.19mi
3161 NW 47th Ter #111 Lauderdale Lakes, FL 1.0 1.5 721 $1,500 $2.08 25d 1 0.19mi
3161 NW 47th Ter #110 Lauderdale Lakes, FL 1.0 1.5 721 $1,500 $2.08 6d 1 0.19mi
5021 W Oakland Park Blvd Lauderdale Lakes, FL 1.0 1.0 684 $1,550 $2.27 18d 2 0.20mi
2800 NW 47th Ter Unit 106B Lauderdale Lakes, FL 1.0 1.0 768 $1,650 $2.15 25d 1 0.23mi
5111 W Oakland Park Blvd #301 Lauderdale Lakes, FL 2.0 2.0 944 $1,700 $1.80 6d 1 0.26mi
5031 W Oakland Park Blvd Lauderdale Lakes, FL 1.0 1.0 683 $1,400 $2.05 11d 2 0.27mi
3341 NW 47th Ter #301 Lauderdale Lakes, FL 2.0 2.0 1002 $2,050 $2.05 4d 1 0.31mi
2916 NW 55th Ave Unit 2A Lauderhill, FL 2.0 2.0 1060 $2,200 $2.08 8d 1 0.34mi
3301 NW 47th Ter #308 Lauderdale Lakes, FL 1.0 2.0 750 $2,200 $2.93 13d 1 0.34mi
2914 NW 55th Ave Unit 1D Lauderhill, FL 1.0 1.5 840 $1,600 $1.90 18d 1 0.35mi
2914 NW 55th Ave Lauderhill, FL 1.0 2.0 840 $1,600 $1.90 13d 1 0.35mi
5051 W Oakland Park Blvd #204 Lauderdale Lakes, FL 2.0 2.0 944 $1,900 $2.01 25d 1 0.36mi
2606 NW 52nd Ave Unit D15 Lauderhill, FL 2.0 1.5 1020 $1,950 $1.91 25d 1 0.38mi
2604 NW 52nd Ave Unit C15 Lauderhill, FL 2.0 1.5 940 $1,800 $1.91 25d 1 0.39mi
5151 W Oakland Park Blvd #303 Lauderdale Lakes, FL 2.0 2.0 944 $1,850 $1.96 25d 1 0.39mi
5223 NW 27th St Unit 9B Fort Lauderdale, FL 2.0 1.5 940 $1,750 $1.86 25d 1 0.40mi
5231 NW 27th St Unit 8A Lauderhill, FL 2.0 1.5 1020 $1,900 $1.86 25d 1 0.41mi
2552 NW 52nd Ave Unit B19 Lauderhill, FL 2.0 1.5 940 $1,900 $2.02 5d 1 0.41mi
2982 NW 55th Ave Unit 2C Lauderhill, FL 1.0 1.5 840 $1,600 $1.90 25d 1 0.44mi
3460 NW 50th Ave Lauderdale Lakes, FL 1.0–2.0 1.0–2.0 750 $2,150 $2.87 17d 3 0.44mi
2512 NW 52nd Ave Unit 22B Lauderhill, FL 2.0 1.5 940 $1,700 $1.81 18d 1 0.44mi
2810 NW 55th Ave Unit 2A Lauderhill, FL 2.0 2.0 1060 $2,000 $1.89 8d 1 0.46mi
4848 NW 24th Ct Lauderdale Lakes, FL 1.0–3.0 1.0–2.0 1045 $1,725 $1.65 18d 3 0.46mi

HOA detail condo

Monthly dues
$541 · $6,492/yr
Likely covers
poolsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 32 events

  1. 2026-06-07
    days on market $122,500 Active 47 DOM
  2. 2026-06-04
    days on market $122,500 Active 44 DOM
  3. 2026-06-03
    days on market $122,500 Active 43 DOM
  4. 2026-06-02
    days on market $122,500 Active 42 DOM
  5. 2026-06-01
    days on market $122,500 Active 41 DOM
  6. 2026-05-31
    days on market $122,500 Active 40 DOM
  7. 2026-04-21
    listed $122,500 Active
  8. 2023-09-11
    soldstatus $113,000
  9. 2023-09-01
    soldstatus $113,000 Closed 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  10. 2023-08-12
    historical Active Under Contract 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  11. 2023-08-03
    status Active 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  12. 2023-08-01
    historical Active Under Contract 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  13. 2023-06-29
    status Active 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  14. 2023-06-29
    price $117,000 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  15. 2023-06-20
    historical Active Under Contract 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  16. 2023-06-11
    status Active 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  17. 2023-06-02
    historical Active Under Contract 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  18. 2023-05-11
    price $119,000 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  19. 2023-05-03
    listed $123,000 Active 777-char remark
    Show marketing remark (777 chars)

    2 bed 2 bath unit in excellent condition with garden and pool views in Cypress Chase in Lauderdale Lakes. Top Floor! Located on Oakland Park Blvd across from First Baptist. Unit is filled with natural light, the screened in balcony overlooks both walking trails and the pool. Wood laminate floors in living room, dining room and bedroom. Eat-in kitchen, large primary bedroom with walk-in closet and en-suite bathroom. Quiet and very well maintained community with property manager on site. Abundance of guest parking, and dozens of 24/7 security cameras. Amenities include heated pool, saunas, jacuzzi, picnic/BBQ area and shuffleboard. Multiple washers and dryers on each floor. Building has new floors and upgraded elevators. Photos do not do it justice, must see in person.

  20. 2023-05-02
    historical
  21. 2023-04-11
    status Active
  22. 2023-03-30
    status Pending
  23. 2023-02-27
    historical Active Under Contract
  24. 2023-02-15
    price $123,000
  25. 2023-02-03
    price $129,900
  26. 2023-01-20
    status Active
  27. 2023-01-13
    status Active
  28. 2022-12-17
    price $137,500
  29. 2022-11-02
    listed $142,900 Active
  30. 2015-11-18
    soldstatus $32,500
  31. 2015-11-17
    soldstatus $22,500
  32. 1985-12-01
    soldstatus $42,500

ⓘ 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
$426 · $36/mo
Projected year-2 tax
$1,017 · $85/mo
Expected delta
+$591/yr (+$49/mo · 138.6%)

ⓘ 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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,668
− Mortgage interest
−$6,862
− Property taxes
−$426
− Insurance
−$612
− Repairs & maintenance
−$1,653
− Management
−$1,653
− HOA
−$6,492
− Depreciation
−$3,564
Taxable loss
−$595
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$143
After-tax cash flow
$1,231/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)
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

+188.2% since first listed
26 events — show timeline
  • 2026-04-21 Listed $122,500 MARMLS
  • 2023-09-11 Sold (Public Records) $113,000 Public Records
  • 2023-09-01 Sold (MLS) $113,000 MARMLS
  • 2023-08-12 Contingent MARMLS
  • 2023-08-03 Relisted MARMLS
  • 2023-08-01 Contingent MARMLS
  • 2023-06-29 Relisted MARMLS
  • 2023-06-29 Price Changed $117,000 MARMLS
  • 2023-06-20 Contingent MARMLS
  • 2023-06-11 Relisted MARMLS
  • 2023-06-02 Contingent MARMLS
  • 2023-05-11 Price Changed $119,000 MARMLS
  • 2023-05-03 Listed $123,000 MARMLS
  • 2023-05-02 Listing Removed MARMLS
  • 2023-04-11 Relisted MARMLS
  • 2023-03-30 Pending MARMLS
  • 2023-02-27 Contingent MARMLS
  • 2023-02-15 Price Changed $123,000 MARMLS
  • 2023-02-03 Price Changed $129,900 MARMLS
  • 2023-01-20 Relisted MARMLS
  • 2023-01-13 Relisted MARMLS
  • 2022-12-17 Price Changed $137,500 MARMLS
  • 2022-11-02 Listed $142,900 MARMLS
  • 2015-11-18 Sold (Public Records) $32,500 Public Records
  • 2015-11-17 Sold (Public Records) $22,500 Public Records
  • 1985-12-01 Sold (Public Records) $42,500 Public Records

Property tax history

-6.3%/yr

Latest (2025): $426 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…