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4751 NW 21st St #211
C- Composite 54.25
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 +18.0/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +5.6/10.0
  • 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

$84,500

4751 NW 21st St #211 · Lauderhill, FL 33313
1 bd · 2.0 ba · 954 sqft · Condo public records · 112 Days on market
Built 1974 $526/mo HOA · 33% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

SPACIOUS 1 BEDROOM 1 & 1/2 BATHROOMS WITH NICE QUIET VIEW OF THE LAKE IN A VERY WELL MAINTAINED BUILDING WITH LOTS OF ACTIVITIES AND AMENITIES. TILES THROUGH OUT. THIS IS AN ACTIVE 55+ COMMUNITY. 15 MINUTES FROM THE BEACH. CLOSE TO SHOPPING, RESTAURANTS, AIRPORT. SECURED LOBBY. THE 50 YEARS BUILDING INSPECTION IS COMPLETED. NO ASSESSMENT. PER ASSOCIATION MINIMUM 675 CREDIT SCORE. MAKE THAT CONDO IN THE SUNSHINE STATE, YOURS !!!

Key facts

  • Secured lobby
  • $526 HOA
  • Parking

Tags

QUIET VIEW OF THE LAKEWELL MAINTAINED BUILDINGSECURED LOBBY

Property features AI

Finance

  • Financial info: Pets allowed with restrictions (conditional)
  • HOA & community: Monthly association fee; Association amenities include pool, fitness center, clubhouse, community kitchen, billiard room, business center, laundry, library, hobby room, barbecue, picnic area, shuffleboard court, elevators, trash service, security, reserves, maintenance of grounds and structure, insurance and water; Senior community

Exterior

  • Parking: Assigned parking; Guest parking
  • Security: Lobby secured; Phone entry; Security guard; Smoke detectors
  • Utilities: Water connected; Sewer connected; Electric service; Central heating and cooling
  • Home design: Attached property; 6-story building; Entry on level 2
  • Construction: Block construction; Effective year built
  • Exterior features: Balcony; Screened balcony; Heated pool; Lakefront property; Has a view

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
  • Bedrooms: Bedroom located on the main level
  • Flooring: Tile
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Furnished; Blinds; Walk-in closet(s); Bedroom on main level
  • Laundry & utility: Laundry in common area

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 1-bed/2.0-bath condo listed at $84k.

Deal economics

  • At list price, monthly cash flow is $73 ($873/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $84k).
  • Recommended offer: $77k (9.0% below list) — sets the bar for market timing.
  • Cap rate 7.3% vs local median 4.3% in Lauderhill — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 79/100 on livability (#139 in FL, #2,059 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, employment D, amenities F.
  • Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 656 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 42% 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 $584 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 112 days — a 9% lower offer ($77k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts 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.
  • Current owner paid $15k; list at $84k implies a 456% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: property tax is 2.7% of price; HOA is 33% 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 $76,895 (9.0% below list)

Questions for the listing agent

  1. It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. 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?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.90%
Cap rate
7.33%
Cash-on-cash
3.69%
DSCR
1.16
GRM
4.4

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
-16.2%
Equity multiple
0.45×
Total profit
$-12,973
Equity at exit
$12,599
10-year hold
IRR
-22.9%
Equity multiple
0.14×
Total profit
$-20,458
Equity at exit
$7,306

Cash invested: $23,660 (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
656
Price-to-rent
4.4×

Monthly cashflow live

Estimated rent
$1,607 high interval (Pro) →
Mortgage (P&I)
$443
Tax from tax record
$193 /mo · $2,312/yr
Insurance
$35
HOA
$526
Vacancy / Maint / Mgmt
$338
Net cashflow
$73

Break-even live

Break-even rent $1,515
Max offer price $84,500
Occupancy floor 90%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$21,125
Closing costs
$2,535
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
4740 NW 21st St Lauderhill, FL 1.0 1.5 1003 $1,575 $1.57 20d 2 0.04mi
2061 NW 47th Ter Lauderhill, FL 1.0 1.5 928 $1,620 $1.75 3d 2 0.08mi
4750 NW 22nd Ct #502 Lauderhill, FL 1.0 1.5 928 $1,600 $1.72 24d 1 0.09mi
2060 NW 48th Ter Lauderhill, FL 1.0–2.0 1.0–2.0 886 $1,395 $1.57 7d 2 0.10mi
4851 NW 21st St Unit 2P Lauderhill, FL 1.0 1.5 1074 $1,400 $1.30 24d 1 0.10mi
2017 NW 46th Ave Unit A110 Lauderhill, FL 1.0 1.5 800 $1,650 $2.06 24d 1 0.21mi
2029 NW 46th Ave Lauderhill, FL 1.0 1.5 800 $1,500 $1.88 24d 1 0.21mi
4848 NW 24th Ct Lauderdale Lakes, FL 1.0–3.0 1.0–2.0 1045 $1,450 $1.39 5d 4 0.27mi
4848 NW 24th Ct Lauderdale Lakes, FL 1.0–3.0 1.0–2.0 1045 $1,550 $1.48 16d 3 0.27mi
1861 NW 46th Ave Lauderhill, FL 2.0 1.0–2.0 730 $1,490 $2.04 1d 13 0.34mi
4491 NW 19th St Lauderhill, FL 1.0–3.0 1.0–2.5 1358 $1,550 $1.14 1d 39 0.35mi
2070 NW 43rd Ter #6 Lauderhill, FL 1.0 1.0 600 $1,600 $2.67 22d 1 0.40mi
1701 NW 46th Ave #109 Lauderhill, FL 2.0 2.0 828 $1,800 $2.17 22d 1 0.45mi
2306 NW 52nd Ave Lauderhill, FL 2.0 1.5 1020 $1,900 $1.86 16d 1 0.46mi
5321 NW 21st Ct Lauderhill, FL 2.0 1.0 750 $1,900 $2.53 24d 1 0.49mi
2410 NW 52nd Ave #2410 Lauderhill, FL 2.0 1.5 1020 $1,700 $1.67 5d 1 0.49mi
2410 NW 52nd Ave #2410 Lauderhill, FL 2.0 1.5 1020 $1,700 $1.67 14d 1 0.49mi
4851 NW 26th Ct #338 Lauderdale Lakes, FL 1.0 1.0 705 $1,650 $2.34 16d 1 0.51mi
1631 NW 46th Ave #118 Lauderhill, FL 2.0 2.0 828 $1,750 $2.11 24d 1 0.52mi
5411 NW 22nd St Unit 5411 Lauderhill, FL 2.0 1.0 850 $2,050 $2.41 12d 1 0.53mi
5411 NW 22nd St Unit 5411 Lauderhill, FL 2.0 1.0 850 $2,050 $2.41 5d 1 0.53mi
5415 NW 22nd St #5415 Lauderhill, FL 2.0 1.0 936 $2,150 $2.30 24d 1 0.53mi
5314 NW 24th St #143 Lauderhill, FL 2.0 1.0 829 $1,995 $2.41 20d 1 0.54mi
4240 NW 21st St #134 Lauderhill, FL 1.0 1.0 812 $1,500 $1.85 24d 1 0.54mi
1621 NW 46th Ave #101 Lauderhill, FL 1.0 1.0 576 $1,600 $2.78 24d 1 0.54mi
5405 NW 23rd St #187 Lauderhill, FL 2.0 1.0 829 $1,850 $2.23 4d 1 0.55mi
2512 NW 52nd Ave Unit 22B Lauderhill, FL 2.0 1.5 940 $1,700 $1.81 17d 1 0.56mi
4321 NW 16th St Unit 202C Lauderhill, FL 2.0 2.0 867 $1,700 $1.96 24d 1 0.56mi
5323 NW 24th St #118 Lauderhill, FL 2.0 1.0 829 $1,550 $1.87 24d 1 0.56mi
4160 NW 21st St Lauderhill, FL 1.0–2.0 1.0 810 $1,599 $1.97 7d 2 0.58mi
4160 NW 21st St Lauderhill, FL 1.0–2.0 1.0 810 $1,675 $2.07 24d 3 0.58mi
2552 NW 52nd Ave Unit B19 Lauderhill, FL 2.0 1.5 940 $1,900 $2.02 4d 1 0.59mi
2800 NW 47th Ter Unit 106B Lauderdale Lakes, FL 1.0 1.0 768 $1,650 $2.15 24d 1 0.61mi
2101 NW 55th Ave Lauderhill, FL 2.0 2.0 900 $1,949 $2.17 1d 8 0.62mi
2606 NW 52nd Ave Unit D15 Lauderhill, FL 2.0 1.5 1020 $1,950 $1.91 24d 1 0.62mi
2604 NW 52nd Ave Unit C15 Lauderhill, FL 2.0 1.5 940 $1,800 $1.91 24d 1 0.62mi
4299 NW 16th St #103 Lauderhill, FL 1.0 1.0 700 $1,400 $2.00 7d 1 0.63mi
4299 NW 16th St #103 Lauderhill, FL 1.0 1.0 700 $1,400 $2.00 24d 1 0.63mi
2861 NW 47th Ter Lauderdale Lakes, FL 2.0 2.0 1021 $1,700 $1.67 24d 1 0.64mi
2861 NW 47th Ter Unit 207B Lauderdale Lakes, FL 1.0 1.0 768 $1,400 $1.82 24d 1 0.64mi

HOA detail condo

Monthly dues
$526 · $6,312/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 20 events

  1. 2026-06-18
    days on market $84,500 Active 112 DOM
  2. 2026-06-17
    days on market $84,500 Active 111 DOM
  3. 2026-06-16
    days on market $84,500 Active 110 DOM
  4. 2026-06-15
    days on market $84,500 Active 109 DOM
  5. 2026-06-13
    days on market $84,500 Active 107 DOM
  6. 2026-06-09
    days on market $84,500 Active 103 DOM
  7. 2026-06-07
    days on market $84,500 Active 101 DOM
  8. 2026-06-04
    days on market $84,500 Active 98 DOM
  9. 2026-06-03
    days on market $84,500 Active 97 DOM
  10. 2026-06-02
    days on market $84,500 Active 96 DOM
  11. 2026-06-01
    days on market $84,500 Active 95 DOM
  12. 2026-05-31
    days on market $84,500 Active 94 DOM
  13. 2026-04-21
    status Active
  14. 2026-03-10
    status Pending
  15. 2026-01-14
    listed $84,500 Active
  16. 2025-08-03
    historical
  17. 2025-02-03
    listed $108,000 Active
  18. 2017-12-19
    soldstatus $15,210
  19. 2003-02-12
    soldstatus $30,000
  20. 1992-06-08
    soldstatus $18,000

ⓘ 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
$2,312 · $193/mo
Projected year-2 tax
$2,312 · $193/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 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,287
− Mortgage interest
−$4,733
− Property taxes
−$2,312
− Insurance
−$422
− Repairs & maintenance
−$1,543
− Management
−$1,543
− HOA
−$6,312
− Depreciation
−$2,458
Taxable loss
−$37
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$9
After-tax cash flow
$881/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Broward
NCES district ID
1200180
Math proficiency
42% ▼ -18.00%
Reading proficiency
53% ▼ -5.00%
Median HH income
$52,139
Composite
40.88/100
National rank
#3621
State rank
#46 of 73 in FL

Livability — Lauderhill

Score
79/100
State rank
#139
US rank
#2059

Category grades

Amenities F Commute A+ Cost of living A+ Crime C Employment D Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lauderhill, FL
County
Broward County · 1,963,430 people
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

+369.4% since first listed
8 events — show timeline
  • 2026-04-21 Relisted MARMLS
  • 2026-03-10 Pending MARMLS
  • 2026-01-14 Listed $84,500 MARMLS
  • 2025-08-03 Listing Removed MARMLS
  • 2025-02-03 Listed $108,000 MARMLS
  • 2017-12-19 Sold (Public Records) $15,210 Public Records
  • 2003-02-12 Sold (Public Records) $30,000 Public Records
  • 1992-06-08 Sold (Public Records) $18,000 Public Records

Property tax history

+7.1%/yr

Latest (2025): $2,312 · +2.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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