2800 NW 47th Ter #304 · Lauderdale Lakes, FL
Flood risk 3/10 · Minor
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.07%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 105°F)
- 6 days/yr
- Hot days in 30 yrs
- 21 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 B+ 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 +28.4/30.0
- ARV discount +14.8/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +4.0/5.0
- Condition / age +3.8/5.0
- Schools +2.8/10.0
- Rent growth +2.6/5.0
- Appreciation +0.0/10.0
$78,999
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Move-In Ready & Priced to Sell! Don't miss this incredible opportunity to own one of the best water-view condos in Lauderdale Oaks! This beautifully maintained, fully furnished third-floor, one-bedroom, one-bath residence offers stunning canal views that can be enjoyed from the glass-enclosed balcony. The spacious floor plan is designed for comfortable living, featuring ceramic tile flooring throughout, an oversized primary suite with a dressing area, a large walk-in closet, an updated bathroom, a tankless water heater, and additional storage.
Key facts
- Extra storage space
- Canal water views
- Walk-in closet
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $79k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $256 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $79k).
- Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.2% 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: Castle Hill Elementary School (math 22% / reading 22%, grade F, #2,080 of 2,144 statewide, top 97%, 562 students, 86% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% 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 75% FRL vs 51% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 28% at this address vs 48% district-wide (-20 pts) — the specific schools serving this property underperform the Broward average; the district grade overstates school quality for this exact location.
- Market conditions: Rents flat; 875 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 70d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% 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 40% 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 $546 of loan paydown is wiped out by about $2k 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 163 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 27% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 163 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1970 — 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?
- 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
- 1.96% ✓
- Cap rate
- 10.18%
- Cash-on-cash
- 13.89%
- DSCR
- 1.62
- GRM
- 4.3
CMA / ARV
- ARV (median comp)
- $94,240
- List price
- $78,999
- Delta
- -16.17%
- 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 |
|---|---|---|---|---|---|---|---|
| 2800 NW 47th Ter Unit 303B | 0.00mi | 1/1.0 | 768 (0%) | 0mo | $66,500 | $87 | 100 |
| 2861 NW 47th Ter Unit 304b | 0.06mi | 1/1.0 | 768 (0%) | 1mo | $45,000 | $59 | 97 |
| 3090 NW 46th Ave Unit 211c | 0.21mi | 1/1.5 | 768 (0%) | 0mo | $45,000 | $59 | 88 |
| 4851 NW 26th Ct #338 | 0.26mi | 1/1.0 | 705 (-8%) | 1mo | $57,000 | $81 | 73 |
| 3720 Inverrary Dr Unit 1N | 1.11mi | 1/1.5 | 800 (+4%) | 0mo | $95,000 | $119 | 56 |
| 3650 Inverrary Dr Unit 3A | 1.45mi | 1/1.5 | 800 (+4%) | 1mo | $95,000 | $119 | 56 |
| 2070 NW 43rd Ter #6 | 0.62mi | 1/1.0 | 600 (-22%) | 1mo | $95,000 | $158 | 46 |
| 4740 NW 21st St #311 | 0.65mi | 1/1.5 | 928 (+21%) | 0mo | $53,000 | $57 | 42 |
| 2514 NW 52nd Ave Unit 22C | 0.57mi | 2/1.5 (+1) | 940 (+22%) | 0mo | $142,000 | $151 | 41 |
| 4770 NW 21st St #412 | 0.67mi | 1/1.5 | 928 (+21%) | 1mo | $48,000 | $52 | 41 |
| 4191 NW 41st St #214 | 1.11mi | 1/1.5 | 940 (+22%) | 1mo | $60,000 | $64 | 37 |
| 5171 W Oakland Park Blvd #110 | 0.62mi | 2/2.0 (+1) | 944 (+23%) | 0mo | $90,000 | $95 | 37 |
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 · 0.26% rent growth · sell at horizon
- IRR
- -0.4%
- Equity multiple
- 0.98×
- Total profit
- $-361
- Equity at exit
- $11,779
- IRR
- 4.3%
- Equity multiple
- 1.26×
- Total profit
- $5,713
- Equity at exit
- $6,830
Cash invested: $22,120 (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
Active competition Active MLS
- For sale now
- 16 active · 13 under contract
- Months of supply
- 96.0 mo (1%/mo absorbed)
- Median asking
- $116,950 ($136/sqft)
- Median days on market
- 87 d
- This list price
- 12% of active listings are priced below it
- ARV vs active asking
- -9.5% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33313
- Rents YoY
- 0.3%
- Active inventory
- 875
- Price-to-rent
- 4.3×
Monthly cashflow live
- Estimated rent
- $1,546 high interval (Pro) →
- Mortgage (P&I)
- −$414
- Tax est. 1.5%
- −$99 /mo · $1,185/yr
- Insurance
- −$33
- HOA
- −$419
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$325
- Net cashflow
- $256
Break-even live
Sensitivity live
| Price | -10% $311 | -5% $283 | +0% $256 | +5% $229 | +10% $201 |
|---|---|---|---|---|---|
| Rent | -10% $134 | -5% $195 | +0% $256 | +5% $317 | +10% $378 |
| Rate | -1.0pp $296 | -0.5pp $276 | base $256 | +0.5pp $236 | +1.0pp $215 |
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
- $19,750
- Closing costs
- $2,370
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2861 NW 47th Ter Unit 207B Lauderdale Lakes, FL | 1.0 | 1.0 | 768 | $1,400 | $1.82 | 120d | 1 | 0.02mi |
| 2861 NW 47th Ter Unit 207B Lauderdale Lakes, FL | 1.0 | 1.0 | 768 | $1,300 | $1.69 | 26d | 1 | 0.02mi |
| 2861 NW 47th Ter Lauderdale Lakes, FL | 2.0 | 2.0 | 1021 | $1,700 | $1.67 | 120d | 1 | 0.02mi |
| 2861 NW 47th Ter Unit 201A Lauderdale Lakes, FL | 2.0 | 2.0 | 1021 | $1,700 | $1.67 | 94d | 1 | 0.02mi |
| 2861 NW 47th Ter Unit 207B Lauderdale Lakes, FL | 1.0 | 1.0 | 768 | $1,300 | $1.69 | 47d | 1 | 0.02mi |
| 2800 NW 47th Ter Unit 106B Lauderdale Lakes, FL | 1.0 | 1.0 | 768 | $1,650 | $2.15 | 120d | 1 | 0.03mi |
| 2900 NW 47th Ter Unit 105B Lauderdale Lakes, FL | 1.0 | 1.0 | 768 | $1,450 | $1.89 | 48d | 1 | 0.06mi |
| 3061 NW 47th Ter Unit 327B Lauderdale Lakes, FL | 1.0 | 1.5 | 662 | $1,300 | $1.96 | 18d | 1 | 0.09mi |
| 3061 NW 47th Ter Unit 132C Lauderdale Lakes, FL | 1.0 | 1.0 | 610 | $1,500 | $2.46 | 120d | 1 | 0.09mi |
| 3061 NW 47th Ter #327 Lauderdale Lakes, FL | 1.0 | 1.5 | 662 | $1,500 | $2.27 | 120d | 1 | 0.09mi |
| 3061 NW 47th Ter Unit 335B Lauderdale Lakes, FL | 1.0 | 1.5 | 662 | $1,450 | $2.19 | 19d | 1 | 0.09mi |
| 2901 NW 47th Ter Lauderdale Lakes, FL | 1.0 | 2.0 | 662 | $1,500 | $2.27 | 45d | 1 | 0.09mi |
| 2901 NW 47th Ter Unit 248B Lauderdale Lakes, FL | 1.0 | 1.5 | 662 | $1,400 | $2.11 | 69d | 1 | 0.09mi |
| 2901 NW 47th Ter Unit 247B Lauderdale Lakes, FL | 1.0 | 1.5 | 662 | $1,400 | $2.11 | 94d | 1 | 0.09mi |
| 2901 NW 47th Ter Unit 348B Lauderdale Lakes, FL | 1.0 | 1.5 | 662 | $1,350 | $2.04 | 120d | 1 | 0.09mi |
| 2999 NW 48th Ave #438 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,875 | $1.95 | 27d | 1 | 0.10mi |
| 2999 NW 48th Ave #438 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,875 | $1.95 | 26d | 1 | 0.10mi |
| 3001 NW 48th Ave #440 Lauderdale Lakes, FL | 1.0 | 1.5 | 705 | $1,300 | $1.84 | 120d | 1 | 0.12mi |
| 3001 NW 48th Ave Lauderdale Lakes, FL | 1.0–2.0 | 1.5–2.0 | 832 | $1,300 | $1.56 | 36d | 2 | 0.12mi |
| 3001 NW 48th Ave #244 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,800 | $1.88 | 29d | 1 | 0.12mi |
| 2900 NW 46th Ave #105 Lauderdale Lakes, FL | 1.0 | 1.5 | 768 | $1,650 | $2.15 | 19d | 1 | 0.16mi |
| 3091 NW 46th Ave Unit 407C Lauderdale Lakes, FL | 1.0 | 1.5 | 768 | $1,600 | $2.08 | 47d | 1 | 0.19mi |
| 2998 NW 48th Ter Lauderdale Lakes, FL | 1.0–2.0 | 1.0–2.0 | 832 | $1,425 | $1.71 | 45d | 2 | 0.19mi |
| 3099 NW 48th Ave #153 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,850 | $1.93 | 83d | 1 | 0.19mi |
| 3099 NW 48th Ave #153 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,850 | $1.93 | 120d | 1 | 0.19mi |
| 2998 NW 48th Ter #135 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,900 | $1.98 | 88d | 1 | 0.19mi |
| 2998 NW 48th Ter #135 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,900 | $1.98 | 87d | 1 | 0.19mi |
| 3099 NW 48th Ave Lauderdale Lakes, FL | 1.0–2.0 | 1.5–2.0 | 832 | $1,550 | $1.86 | 32d | 2 | 0.19mi |
| 3099 NW 48th Ave Lauderdale Lakes, FL | 1.0–2.0 | 1.5–2.0 | 832 | $1,500 | $1.80 | 5d | 2 | 0.19mi |
| 3070 NW 48th Ter #104 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,750 | $1.82 | 120d | 1 | 0.24mi |
| 3070 NW 48th Ter Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,750 | $1.82 | 103d | 2 | 0.24mi |
| 3070 NW 48th Ter Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,600 | $1.67 | 38d | 2 | 0.24mi |
| 3070 NW 48th Ter #405 Lauderdale Lakes, FL | 2.0 | 2.0 | 960 | $1,700 | $1.77 | 42d | 1 | 0.24mi |
| 4851 NW 26th Ct #338 Lauderdale Lakes, FL | 1.0 | 1.0 | 705 | $1,550 | $2.20 | 78d | 1 | 0.26mi |
| 3121 NW 47th Ter #212 Lauderdale Lakes, FL | 1.0 | 1.5 | 721 | $1,575 | $2.18 | 47d | 1 | 0.30mi |
| 3141 NW 47th Ter #122 Lauderdale Lakes, FL | 2.0 | 2.0 | 1002 | $2,000 | $2.00 | 2d | 1 | 0.33mi |
| 3141 NW 47th Ter #430 Lauderdale Lakes, FL | 2.0 | 2.0 | 1002 | $1,700 | $1.70 | 117d | 1 | 0.33mi |
| 3141 NW 47th Ter #324 Lauderdale Lakes, FL | 1.0 | 1.5 | 721 | $1,500 | $2.08 | 27d | 1 | 0.33mi |
| 3161 NW 47th Ter #110 Lauderdale Lakes, FL | 1.0 | 1.5 | 721 | $1,500 | $2.08 | 101d | 1 | 0.33mi |
| 3161 NW 47th Ter #111 Lauderdale Lakes, FL | 1.0 | 1.5 | 721 | $1,500 | $2.08 | 120d | 1 | 0.33mi |
Property features AI
Finance
- Other
- Senior communityPets not allowed
- Financial info
- HOA & community
- Association present (Lauderdale Oaks Condominium 4 Association, Inc.)Monthly association fee: $419Association amenities include billiard room, clubhouse, elevators, fitness center, laundry, picnic area, parking, pool, storage, tennis courts, trash chute, community room, pickleball courtsAssociation fee covers cable TV, insurance, internet, grounds maintenance, sewer, trash, water, common areas, elevator, reserve funds, roof repairs
Exterior
- Parking
- Assigned and guest open parking (1 open space total)
- Security
- Utilities
- Public waterPublic sewerSewer and water available
- Home design
- CondominiumOne levelFaces westPart of a 4-story building (Lauderdale Oaks 6)
- Construction
- CBS constructionOther roof
- Exterior features
- Glass-enclosed patio/porchWaterfront
Interior
- Kitchen
- Electric rangeRefrigerator
- Bedrooms
- 1 bedroom on main level
- Flooring
- Ceramic tile
- Bathrooms
- 1 full bathroom on main level
- Heating & cooling
- Electric heating (central individual)Central airCeiling fan(s)
- Interior features
- Walk-in closet(s)Furnished
- Laundry & utility
- Laundry in common areaTankless water heater
HOA detail $419/mo · $5,028/yr condo
- Likely covers
- water
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $78,999 Active 163 DOM
-
2026-09-22days on market $78,999 Active 162 DOM
-
2026-09-21days on market $78,999 Active 161 DOM
-
2026-09-20days on market $78,999 Active 160 DOM
-
2026-09-18days on market $78,999 Active 158 DOM
-
2026-09-17days on market $78,999 Active 157 DOM
-
2026-09-16days on market $78,999 Active 156 DOM
-
2026-09-15days on market $78,999 Active 155 DOM
-
2026-09-14days on market $78,999 Active 154 DOM
-
2026-09-13days on market $78,999 Active 153 DOM
-
2026-09-12days on market $78,999 Active 152 DOM
-
2026-09-11days on market $78,999 Active 151 DOM
-
2026-09-05days on market $78,999 Active 145 DOM
-
2026-09-04days on market $78,999 Active 144 DOM
-
2026-09-03days on market $78,999 Active 143 DOM
-
2026-08-31days on market $78,999 Active 140 DOM
-
2026-08-29days on market $78,999 Active 138 DOM
-
2026-08-28days on market $78,999 Active 137 DOM
-
2026-08-27days on market $78,999 Active 136 DOM
-
2026-08-25days on market $78,999 Active 134 DOM
-
2026-08-24days on market $78,999 Active 133 DOM
-
2026-08-23days on market $78,999 Active 132 DOM
-
2026-08-22days on market $78,999 Active 131 DOM
-
2026-08-21days on market $78,999 Active 130 DOM
-
2026-08-20days on market $78,999 Active 129 DOM
-
2026-08-19days on market $78,999 Active 128 DOM
-
2026-08-18days on market $78,999 Active 127 DOM
-
2026-08-16days on market $78,999 Active 125 DOM
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2026-08-15days on market $78,999 Active 124 DOM
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2026-08-14days on market $78,999 Active 123 DOM
-
2026-08-13days on market $78,999 Active 122 DOM
-
2026-08-12days on market $78,999 Active 121 DOM
-
2026-08-11days on market $78,999 Active 120 DOM
-
2026-08-10days on market $78,999 Active 119 DOM
-
2026-08-09days on market $78,999 Active 118 DOM
-
2026-08-08days on market $78,999 Active 117 DOM
-
2026-08-06days on market $78,999 Active 115 DOM
-
2026-08-05days on market $78,999 Active 114 DOM
-
2026-08-03days on market $78,999 Active 112 DOM
-
2026-07-31days on market $78,999 Active 109 DOM
-
2026-07-28days on market $78,999 Active 106 DOM
-
2026-07-24days on market $78,999 Active 102 DOM
-
2026-07-23days on market $78,999 Active 101 DOM
-
2026-07-22days on market $78,999 Active 100 DOM
-
2026-07-21days on market $78,999 Active 99 DOM
-
2026-07-20days on market $78,999 Active 98 DOM
-
2026-07-18days on market $78,999 Active 95 DOM
-
2026-07-16days on market $78,999 Active 94 DOM
-
2026-07-15days on market $78,999 Active 93 DOM
-
2026-07-14days on market $78,999 Active 92 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (shaded) · 7% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 6 d/yr ≥105°F today · 21 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $18,546
- − Mortgage interest
- −$4,425
- − Property taxes
- −$1,185
- − Insurance
- −$395
- − Repairs & maintenance
- −$1,484
- − Management
- −$1,484
- − HOA
- −$5,028
- − Depreciation
- −$2,298
- Taxable income
- $2,248
- Est. tax owed @ 24.0%
- −$539
- After-tax cash flow
- $2,533/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 · 13 photos
This one-bedroom, one-bathroom condo is in good condition with minor updates needed to enhance its curb appeal and functionality. The property offers a great location with canal views and resort-style amenities.
Repairs flagged
- Minor kitchen countertops — The countertops could be refreshed to improve the aesthetic appeal.
- Minor bathroom fixtures — Updating the fixtures would enhance the functionality and appearance of the bathrooms.
- Minor kitchen backsplash — Refreshing the backsplash would improve the overall look of the kitchen without major renovation.
Value-add opportunities
- Both Painting the exterior siding — Refreshing the exterior would improve curb appeal and potentially increase the property's value. ↑
- Resale Updating the kitchen countertops and backsplash — A fresh look in the kitchen would attract more buyers. ↑
- Resale Updating the bathroom fixtures — Modern fixtures would make the bathrooms more appealing to potential buyers. ↑
- Both Refreshing the landscaping — Well-maintained landscaping enhances the property's curb appeal and adds value. ↑
- Rental Updating the HVAC filters — A well-maintained HVAC system would attract tenants and improve tenant satisfaction. ↑
ⓘ 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.
Zoned Schools
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 · 2,207,033 people
- City population
- 62,807
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 62,807
- Household income
- $46,305
- Rent vs Own
- Severe rent burden
- 21% 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
- 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 |
|---|---|---|
| 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
1 event — show timeline
- 2026-04-12 Listed $78,999 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…