4850 NW 29 Ct #327 · Lauderdale Lakes, FL 33313

$129,900

2 bd · 2.0 ba · 960 sqft · Condo public records · 129 Days on market

Built 1974 $632/mo HOA · 36% of rent

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Why this score? — see what drove the D 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 +9.2/30.0
• 1% rule +8.3/10.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• DSCR +2.6/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

BANK FORECLOSURE, PRICED TO SELL. LARGE CONDO, GOOD LOCATION IN AN OVER 55 COMMUNITY CALLED CYPRESS CHASE, COMPLEX IS IN THE PROCESS OF BEING UPGRADED. BUYER TO CONTINUE TO PAY $86.86 MONTHLY SPECIAL ASSESSMENT FOR 7- 8 YRS. Credit score 650-700 required from the HOA . Unit is no eligible for long term rental at any time.

Key facts

• $632 HOA
• Community pool
• Built 1974

Property features AI

Finance

• Other: Senior community
• Financial info: Pets not allowed; Living area 960; Association fee: $632 monthly
• HOA & community: Monthly HOA fee; On-site manager; Clubhouse; Pool; Billiard room; Shuffleboard court; Picnic area; Storage; Elevator(s); Trash chute

Exterior

• Utilities: Public water; Public sewer; Three-phase electric; Cable available; Water available; Sewer available
• Home design: Condominium; Resale condition; Faces east; 4 stories
• Construction: Block/CBS construction
• Exterior features: Porch (glass-enclosed)

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Garbage disposal; Electric water heater
• Bedrooms: No main-level bedrooms
• Flooring: Clay; Laminate; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
• Interior features: Walk-in closets; Split bedroom layout; Furnished

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $130k.

Deal economics

• At list price, monthly cash flow is $-96 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $113k (13.1% below list).
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $113k (13.1% below list) — sets the bar for cash-flow.

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; 656 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $898 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 129 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $38k; list at $130k implies a 242% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 36% of rent.

Recommended offer $112,879 (13.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 129 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. 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.
11. 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.
12. 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: 1.33% ✓
• Cap rate: 5.40%
• Cash-on-cash: -3.18%
• DSCR: 0.86
• GRM: 6.2

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: -26.6%
• Equity multiple: 0.13×
• Total profit: $-31,463
• Equity at exit: $19,369

10-year hold

• IRR: -53.1%
• Equity multiple: -0.43×
• Total profit: $-51,848
• Equity at exit: $11,231

Cash invested: $36,372 (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.

Methodology + full state rankings →

ZIP-level market 33313

• Rents YoY: 0.3%
• Active inventory: 656
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,734 high
• Mortgage (P&I): −$681
• Tax from tax record: −$99 /mo · $1,186/yr
• Insurance: −$54
• HOA: −$632
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $-96

Break-even live

Break-even rent $1,856

Max offer price $112,879

Occupancy floor —

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4851 NW 26th Ct #338 Lauderdale Lakes, FL	1.0	1.0	705	$1,650	$2.34	17d	1	0.12mi
3070 NW 48th Ter #405 Lauderdale Lakes, FL	2.0	2.0	960	$1,850	$1.93	2d	1	0.15mi
3070 NW 48th Ter Lauderdale Lakes, FL	2.0	2.0	960	$1,750	$1.82	7d	2	0.15mi
3070 NW 48th Ter #104 Lauderdale Lakes, FL	2.0	2.0	960	$1,750	$1.82	24d	1	0.15mi
3001 NW 48th Ave #440 Lauderdale Lakes, FL	1.0	1.5	705	$1,300	$1.84	24d	1	0.17mi
3061 NW 47th Ter #327 Lauderdale Lakes, FL	1.0	1.5	662	$1,500	$2.27	24d	1	0.22mi
3061 NW 47th Ter Unit 327B Lauderdale Lakes, FL	1.0	1.5	662	$1,600	$2.42	7d	1	0.22mi
3061 NW 47th Ter Unit 132C Lauderdale Lakes, FL	1.0	1.0	610	$1,500	$2.46	24d	1	0.22mi
2901 NW 47th Ter Unit 348B Lauderdale Lakes, FL	1.0	1.5	662	$1,350	$2.04	24d	1	0.22mi
2901 NW 47th Ter Unit 247B Lauderdale Lakes, FL	1.0	1.5	662	$1,450	$2.19	24d	1	0.22mi
3099 NW 48th Ave #153 Lauderdale Lakes, FL	2.0	2.0	960	$1,850	$1.93	24d	1	0.23mi
2861 NW 47th Ter Unit 207B Lauderdale Lakes, FL	1.0	1.0	768	$1,400	$1.82	24d	1	0.23mi
2861 NW 47th Ter Lauderdale Lakes, FL	2.0	2.0	1021	$1,700	$1.67	24d	1	0.23mi
5021 W Oakland Park Blvd Lauderdale Lakes, FL	1.0	1.0	684	$1,550	$2.27	17d	2	0.24mi
3141 NW 47th Ter Lauderdale Lakes, FL	1.0–2.0	1.5–2.0	861	$1,700	$1.97	24d	2	0.26mi
3141 NW 47th Ter #430 Lauderdale Lakes, FL	2.0	2.0	1002	$1,700	$1.70	22d	1	0.26mi
3161 NW 47th Ter #111 Lauderdale Lakes, FL	1.0	1.5	721	$1,500	$2.08	24d	1	0.27mi
3161 NW 47th Ter #110 Lauderdale Lakes, FL	1.0	1.5	721	$1,500	$2.08	5d	1	0.27mi
5111 W Oakland Park Blvd #301 Lauderdale Lakes, FL	2.0	2.0	944	$1,700	$1.80	5d	1	0.27mi
2800 NW 47th Ter Unit 106B Lauderdale Lakes, FL	1.0	1.0	768	$1,650	$2.15	24d	1	0.27mi
2916 NW 55th Ave Unit 2A Lauderhill, FL	2.0	2.0	1060	$2,200	$2.08	7d	1	0.28mi
2606 NW 52nd Ave Unit D15 Lauderhill, FL	2.0	1.5	1020	$1,950	$1.91	24d	1	0.29mi
2604 NW 52nd Ave Unit C15 Lauderhill, FL	2.0	1.5	940	$1,800	$1.91	24d	1	0.30mi
2914 NW 55th Ave Unit 1D Lauderhill, FL	1.0	1.5	840	$1,600	$1.90	17d	1	0.30mi
2914 NW 55th Ave Lauderhill, FL	1.0	2.0	840	$1,600	$1.90	12d	1	0.30mi
5031 W Oakland Park Blvd Lauderdale Lakes, FL	1.0	1.0	683	$1,400	$2.05	10d	2	0.31mi
5223 NW 27th St Unit 9B Fort Lauderdale, FL	2.0	1.5	940	$1,750	$1.86	24d	1	0.32mi
2552 NW 52nd Ave Unit B19 Lauderhill, FL	2.0	1.5	940	$1,900	$2.02	4d	1	0.32mi
5231 NW 27th St Unit 8A Lauderhill, FL	2.0	1.5	1020	$1,900	$1.86	24d	1	0.33mi
2512 NW 52nd Ave Unit 22B Lauderhill, FL	2.0	1.5	940	$1,700	$1.81	17d	1	0.35mi
2982 NW 55th Ave Unit 2C Lauderhill, FL	1.0	1.5	840	$1,600	$1.90	24d	1	0.38mi
4848 NW 24th Ct Lauderdale Lakes, FL	1.0–3.0	1.0–2.0	1045	$1,675	$1.60	5d	4	0.39mi
4848 NW 24th Ct Lauderdale Lakes, FL	1.0–3.0	1.0–2.0	1045	$1,725	$1.65	17d	3	0.39mi
2810 NW 55th Ave Unit 2A Lauderhill, FL	2.0	2.0	1060	$2,000	$1.89	7d	1	0.39mi
2814 NW 55th Ave Unit 1B Lauderhill, FL	2.0	2.0	1070	$1,800	$1.68	24d	1	0.39mi
3341 NW 47th Ter #301 Lauderdale Lakes, FL	2.0	2.0	1002	$2,050	$2.05	3d	1	0.39mi
2410 NW 52nd Ave #2410 Lauderhill, FL	2.0	1.5	1020	$1,700	$1.67	5d	1	0.41mi
2410 NW 52nd Ave #2410 Lauderhill, FL	2.0	1.5	1020	$1,700	$1.67	14d	1	0.41mi
5051 W Oakland Park Blvd #204 Lauderdale Lakes, FL	2.0	2.0	944	$1,900	$2.01	24d	1	0.41mi
5151 W Oakland Park Blvd #303 Lauderdale Lakes, FL	2.0	2.0	944	$1,850	$1.96	24d	1	0.42mi

HOA detail condo

• Monthly dues: $632 · $7,584/yr
• ⚠ Special-assessment mentions:

  …COMMUNITY CALLED CYPRESS CHASE, COMPLEX IS IN THE PROCESS OF BEING UPGRADED. BUYER TO CONTINUE TO PAY $86.86 MONTHLY SPECIAL ASSESSMENT FOR 7- 8 YRS. Credit score 650-700 required from the HOA . Unit is no eligible for long term rental at any time.

Listing history 23 events

1. 2026-06-18
   days on market $129,900 Active 129 DOM
2. 2026-06-17
   days on market $129,900 Active 128 DOM
3. 2026-06-16
   days on market $129,900 Active 127 DOM
4. 2026-06-15
   days on market $129,900 Active 126 DOM
5. 2026-06-13
   days on market $129,900 Active 124 DOM
6. 2026-06-09
   days on market $129,900 Active 120 DOM
7. 2026-06-07
   days on market $129,900 Active 118 DOM
8. 2026-06-04
   days on market $129,900 Active 115 DOM
9. 2026-06-03
   days on market $129,900 Active 114 DOM
10. 2026-06-02
    days on market $129,900 Active 113 DOM
11. 2026-06-01
    days on market $129,900 Active 112 DOM
12. 2026-05-31
    days on market $129,900 Active 111 DOM
13. 2026-05-17
    price $129,900
14. 2026-02-09
    listed $139,900 Active
15. 2019-10-29
    soldstatus $38,000 Closed 323-char remark

    Show marketing remark (323 chars)

    BANK FORECLOSURE, PRICED TO SELL. LARGE CONDO, GOOD LOCATION IN AN OVER 55 COMMUNITY CALLED CYPRESS CHASE, COMPLEX IS IN THE PROCESS OF BEING UPGRADED. BUYER TO CONTINUE TO PAY $86.86 MONTHLY SPECIAL ASSESSMENT FOR 7- 8 YRS. Credit score 650-700 required from the HOA . Unit is no eligible for long term rental at any time.

16. 2019-09-17
    historical Contingent 323-char remark

    Show marketing remark (323 chars)

    BANK FORECLOSURE, PRICED TO SELL. LARGE CONDO, GOOD LOCATION IN AN OVER 55 COMMUNITY CALLED CYPRESS CHASE, COMPLEX IS IN THE PROCESS OF BEING UPGRADED. BUYER TO CONTINUE TO PAY $86.86 MONTHLY SPECIAL ASSESSMENT FOR 7- 8 YRS. Credit score 650-700 required from the HOA . Unit is no eligible for long term rental at any time.

17. 2019-07-11
    price $42,500 323-char remark

    Show marketing remark (323 chars)

    BANK FORECLOSURE, PRICED TO SELL. LARGE CONDO, GOOD LOCATION IN AN OVER 55 COMMUNITY CALLED CYPRESS CHASE, COMPLEX IS IN THE PROCESS OF BEING UPGRADED. BUYER TO CONTINUE TO PAY $86.86 MONTHLY SPECIAL ASSESSMENT FOR 7- 8 YRS. Credit score 650-700 required from the HOA . Unit is no eligible for long term rental at any time.

18. 2019-06-30
    status Active 323-char remark

    Show marketing remark (323 chars)

    BANK FORECLOSURE, PRICED TO SELL. LARGE CONDO, GOOD LOCATION IN AN OVER 55 COMMUNITY CALLED CYPRESS CHASE, COMPLEX IS IN THE PROCESS OF BEING UPGRADED. BUYER TO CONTINUE TO PAY $86.86 MONTHLY SPECIAL ASSESSMENT FOR 7- 8 YRS. Credit score 650-700 required from the HOA . Unit is no eligible for long term rental at any time.

19. 2019-05-28
    status Pending 323-char remark

    Show marketing remark (323 chars)

    BANK FORECLOSURE, PRICED TO SELL. LARGE CONDO, GOOD LOCATION IN AN OVER 55 COMMUNITY CALLED CYPRESS CHASE, COMPLEX IS IN THE PROCESS OF BEING UPGRADED. BUYER TO CONTINUE TO PAY $86.86 MONTHLY SPECIAL ASSESSMENT FOR 7- 8 YRS. Credit score 650-700 required from the HOA . Unit is no eligible for long term rental at any time.

20. 2019-04-24
    price $47,500 323-char remark

    Show marketing remark (323 chars)

    BANK FORECLOSURE, PRICED TO SELL. LARGE CONDO, GOOD LOCATION IN AN OVER 55 COMMUNITY CALLED CYPRESS CHASE, COMPLEX IS IN THE PROCESS OF BEING UPGRADED. BUYER TO CONTINUE TO PAY $86.86 MONTHLY SPECIAL ASSESSMENT FOR 7- 8 YRS. Credit score 650-700 required from the HOA . Unit is no eligible for long term rental at any time.

21. 2019-03-19
    price $54,900 323-char remark

    Show marketing remark (323 chars)

    BANK FORECLOSURE, PRICED TO SELL. LARGE CONDO, GOOD LOCATION IN AN OVER 55 COMMUNITY CALLED CYPRESS CHASE, COMPLEX IS IN THE PROCESS OF BEING UPGRADED. BUYER TO CONTINUE TO PAY $86.86 MONTHLY SPECIAL ASSESSMENT FOR 7- 8 YRS. Credit score 650-700 required from the HOA . Unit is no eligible for long term rental at any time.

22. 2019-02-05
    listed $62,500 Active 323-char remark

    Show marketing remark (323 chars)

    BANK FORECLOSURE, PRICED TO SELL. LARGE CONDO, GOOD LOCATION IN AN OVER 55 COMMUNITY CALLED CYPRESS CHASE, COMPLEX IS IN THE PROCESS OF BEING UPGRADED. BUYER TO CONTINUE TO PAY $86.86 MONTHLY SPECIAL ASSESSMENT FOR 7- 8 YRS. Credit score 650-700 required from the HOA . Unit is no eligible for long term rental at any time.

23. 1974-05-01
    soldstatus $28,500

ⓘ 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: $1,186 · $99/mo
• Projected year-2 tax: $1,186 · $99/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $20,807
• − Mortgage interest: −$7,276
• − Property taxes: −$1,186
• − Insurance: −$650
• − Repairs & maintenance: −$1,665
• − Management: −$1,665
• − HOA: −$7,584
• − Depreciation: −$3,779
• Taxable loss: −$2,997
• Est. tax savings @ 24.0%: +$719
• After-tax cash flow: $-437/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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+355.8% since first listed

11 events — show timeline

• 2026-05-17 Price Changed $129,900 Beaches MLS
• 2026-02-09 Listed $139,900 Beaches MLS
• 2019-10-29 Sold (MLS) $38,000 Beaches MLS
• 2019-09-17 Contingent — Beaches MLS
• 2019-07-11 Price Changed $42,500 Beaches MLS
• 2019-06-30 Relisted — Beaches MLS
• 2019-05-28 Pending — Beaches MLS
• 2019-04-24 Price Changed $47,500 Beaches MLS
• 2019-03-19 Price Changed $54,900 Beaches MLS
• 2019-02-05 Listed $62,500 Beaches MLS
• 1974-05-01 Sold (Public Records) $28,500 Public Records

Property tax history

+8.4%/yr

Latest (2025): $1,186 · +3.4% YoY. Source: county tax records.