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2800 NW 56th Ave Unit G207
C+ Composite 61.68
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 +23.5/30.0
  • 1% rule +10.0/10.0
  • DSCR +7.6/10.0
  • ARV discount +7.5/15.0
  • 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

$110,000

2800 NW 56th Ave Unit G207 · Lauderhill, FL 33313
2 bd · 2.0 ba · 959 sqft · Condo public records · 26 Days on market
Built 1973 $351/mo HOA · 19% of rent

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

Listing remarks

Investment opportunity at Brookfield Square Condo! Spacious 2-bedroom, 2-bath unit featuring 959 SqFt of living space. functional layout with great potential for investors or end users alike. Community offers elevator access, pool, laundry facilities on each floor, and assigned parking. Conveniently located near major highways, shopping, restaurants, schools, public transportation, and just minutes from Sawgrass Mills. Built in 1973. Excellent opportunity in a centrally located Lauderhill community.

Key facts

  • Laundry facilities
  • Pool
  • Assigned parking

Tags

ELEVATOR ACCESSPOOLLAUNDRY FACILITIESASSIGNED PARKINGCONVENIENTLY LOCATED

Property features AI

Finance

  • Financial info: Lease considered; Pets allowed
  • HOA & community: Monthly association fee of $351; Association fee includes amenities; Association amenities: Elevator(s), Laundry

Exterior

  • Home design: 4-story building; Property has attached units; Entry level: 2
  • Construction: Block construction; Effective year built
  • Exterior features: No notable exterior features listed

Interior

  • Kitchen: Dishwasher
  • Bedrooms: Entry level: 2
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Walk-in closet(s); Tile flooring
  • Laundry & utility: Common area laundry

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 $110k.

Deal economics

  • At list price, monthly cash flow is $206 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $110k).
  • Recommended offer: $108k (1.5% below list) — sets the bar for market timing.
  • Cap rate 8.5% 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: 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.
  • Zoned schools: Nova Blanche Forman Elementary (math 35% / reading 55%, grade D-, #1,271 of 2,144 statewide, top 60%, 769 students, 72% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); Nova High School (math 22% / reading 56%, grade F, #312 of 667 statewide, top 48%, 2,227 students, 59% FRL) — zoned schools average 66% FRL vs 51% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents flat; 664 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).
  • At $1,881/mo this rent would consume 49% of the median local household income ($46k/yr) (locally 5692% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $761 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 26 days — a 2% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 2y 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: property tax is 3.3% of price.
  • 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 $108,350 (1.5% below list)

Questions for the listing agent

  1. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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. 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?
  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
1.71%
Cap rate
8.54%
Cash-on-cash
8.01%
DSCR
1.36
GRM
4.9

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
-8.7%
Equity multiple
0.69×
Total profit
$-9,430
Equity at exit
$16,401
10-year hold
IRR
-5.9%
Equity multiple
0.69×
Total profit
$-9,544
Equity at exit
$9,511

Cash invested: $30,800 (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
4.9×

Monthly cashflow live

Estimated rent
$1,881 high interval (Pro) →
Mortgage (P&I)
$577
Tax from tax record
$307 /mo · $3,680/yr
Insurance
$46
HOA
$351
Vacancy / Maint / Mgmt
$395
Net cashflow
$206

Break-even live

Break-even rent $1,621
Max offer price $110,000
Occupancy floor 84%

Sensitivity live

Price -10% $268 -5% $237 +0% $206 +5% $174 +10% $143
Rent -10% $57 -5% $131 +0% $206 +5% $280 +10% $354
Rate -1.0pp $261 -0.5pp $234 base $206 +0.5pp $177 +1.0pp $148

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
$27,500
Closing costs
$3,300
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
2800 NW 56th Ave Lauderhill, FL 1.0–2.0 1.0–2.0 847 $1,850 $2.18 16d 6 0.01mi
2800 NW 56th Ave Lauderhill, FL 1.0–2.0 1.0–2.0 847 $1,850 $2.18 23d 7 0.01mi
2800 NW 56th Ave Lauderhill, FL 1.0–2.0 1.0–2.0 847 $1,850 $2.18 6d 8 0.01mi
2800 NW 56th Ave Lauderhill, FL 1.0–2.0 1.0–2.0 847 $1,850 $2.18 25d 8 0.01mi
2800 NW 56th Ave Lauderhill, FL 1.0–3.0 1.0–2.0 965 $1,675 $1.74 0d 8 0.01mi
2900 NW 56th Ave Lauderhill, FL 1.0–2.0 1.0–2.0 1030 $1,975 $1.92 25d 1 0.06mi
2580 NW 56th Ave Lauderhill, FL 1.0–2.0 1.0–2.0 1007 $2,105 $2.09 0d 12 0.16mi
2810 NW 55th Ave Unit 2A Lauderhill, FL 2.0 2.0 1060 $2,000 $1.89 9d 1 0.23mi
2814 NW 55th Ave Unit 1B Lauderhill, FL 2.0 2.0 1070 $1,800 $1.68 25d 1 0.23mi
2982 NW 55th Ave Unit 2C Lauderhill, FL 1.0 1.5 840 $1,600 $1.90 25d 1 0.26mi
2591 NW 56th Ave Lauderhill, FL 2.0 1.0 812 $1,995 $2.46 25d 1 0.26mi
2571 NW 56th Ave Unit G Lauderhill, FL 2.0 2.0 950 $1,895 $1.99 25d 1 0.31mi
2427 NW 55th Ter Unit 2427 Lauderhill, FL 2.0 1.0 849 $2,400 $2.83 25d 1 0.31mi
5231 NW 27th St Unit 8A Lauderhill, FL 2.0 1.5 1020 $1,900 $1.86 25d 1 0.32mi
5223 NW 27th St Unit 9B Fort Lauderdale, FL 2.0 1.5 940 $1,750 $1.86 25d 1 0.32mi
2551 NW 56th Ave Unit 1-20 Lauderhill, FL 2.0 2.0 1014 $1,900 $1.87 25d 1 0.33mi
2551 NW 56th Ave Unit 1-20 Lauderhill, FL 2.0 2.0 1014 $1,900 $1.87 11d 1 0.33mi
2481 NW 56th Ave Unit 6-16 Lauderhill, FL 1.0 1.0 745 $1,600 $2.15 18d 1 0.33mi
2914 NW 55th Ave Lauderhill, FL 1.0 2.0 840 $1,600 $1.90 14d 1 0.33mi
2914 NW 55th Ave Unit 1D Lauderhill, FL 1.0 1.5 840 $1,600 $1.90 19d 1 0.33mi
2561 NW 56th Ave Lauderhill, FL 2.0 1.0 812 $1,925 $2.37 25d 1 0.34mi
2916 NW 55th Ave Unit 2A Lauderhill, FL 2.0 2.0 1060 $2,200 $2.08 9d 1 0.35mi
2360 NW 56th Ave Lauderhill, FL 1.0–3.0 1.0–2.0 924 $2,724 $2.95 0d 20 0.36mi
2481 NW 56th Ave Unit 105 Lauderhill, FL 1.0 1.5 800 $1,400 $1.75 25d 1 0.37mi
2604 NW 52nd Ave Unit C15 Lauderhill, FL 2.0 1.5 940 $1,800 $1.91 25d 1 0.38mi
2606 NW 52nd Ave Unit D15 Lauderhill, FL 2.0 1.5 1020 $1,950 $1.91 25d 1 0.39mi
2915 NW 60th Ave Sunrise, FL 2.0 2.0 1010 $2,100 $2.08 25d 1 0.39mi
2552 NW 52nd Ave Unit B19 Lauderhill, FL 2.0 1.5 940 $1,900 $2.02 5d 1 0.40mi
2431 NW 56th Ave Unit 5-201 Lauderhill, FL 2.0 2.0 855 $1,800 $2.11 25d 1 0.41mi
2512 NW 52nd Ave Unit 22B Lauderhill, FL 2.0 1.5 940 $1,700 $1.81 19d 1 0.42mi
5323 NW 24th St #118 Lauderhill, FL 2.0 1.0 829 $1,550 $1.87 25d 1 0.42mi
6108 NW 26th St Sunrise, FL 1.0–3.0 1.0–2.0 925 $2,138 $2.31 0d 43 0.45mi
5405 NW 23rd St #187 Lauderhill, FL 2.0 1.0 829 $1,850 $2.23 5d 1 0.45mi
5314 NW 24th St #143 Lauderhill, FL 2.0 1.0 829 $1,995 $2.41 22d 1 0.46mi
2410 NW 52nd Ave #2410 Lauderhill, FL 2.0 1.5 1020 $1,700 $1.67 15d 1 0.48mi
2410 NW 52nd Ave #2410 Lauderhill, FL 2.0 1.5 1020 $1,700 $1.67 6d 1 0.48mi
5833 NW 22nd Ct Lauderhill, FL 2.0 1.0 900 $1,975 $2.19 25d 1 0.51mi
2306 NW 52nd Ave Lauderhill, FL 2.0 1.5 1020 $1,900 $1.86 18d 1 0.52mi
5111 W Oakland Park Blvd #301 Lauderdale Lakes, FL 2.0 2.0 944 $1,700 $1.80 6d 1 0.52mi
2148 NW 57th Ave Unit 14E Lauderhill, FL 3.0 2.0 1080 $2,300 $2.13 25d 1 0.53mi

HOA detail condo

Monthly dues
$351 · $4,212/yr
Likely covers
poolparking
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 32 events

  1. 2026-06-21
    days on market $110,000 Active 26 DOM
  2. 2026-06-18
    days on market $110,000 Active 23 DOM
  3. 2026-06-17
    days on market $110,000 Active 22 DOM
  4. 2026-06-16
    days on market $110,000 Active 21 DOM
  5. 2026-06-15
    days on market $110,000 Active 20 DOM
  6. 2026-06-13
    days on market $110,000 Active 18 DOM
  7. 2026-06-09
    days on market $110,000 Active 14 DOM
  8. 2026-06-08
    days on market $110,000 Active 13 DOM
  9. 2026-06-07
    days on market $110,000 Active 12 DOM
  10. 2026-06-04
    days on market $110,000 Active 9 DOM
  11. 2026-06-03
    days on market $110,000 Active 8 DOM
  12. 2026-06-02
    days on market $110,000 Active 7 DOM
  13. 2026-06-01
    days on market $110,000 Active 6 DOM
  14. 2026-05-31
    days on market $110,000 Active 5 DOM
  15. 2026-05-26
    listed $110,000 Active
  16. 2025-07-22
    status Pending
  17. 2025-06-24
    historical Active Under Contract
  18. 2025-06-24
    historical
  19. 2025-06-16
    price $129,900
  20. 2025-04-04
    listed $134,000 Active
  21. 2025-03-18
    historical
  22. 2025-01-14
    price $145,000
  23. 2025-01-13
    status Active
  24. 2024-11-09
    status Pending
  25. 2024-09-16
    price $148,000
  26. 2024-09-09
    price $150,000
  27. 2024-08-02
    price $152,000
  28. 2024-05-29
    price $155,000
  29. 2024-04-22
    listed $150,000 Active
  30. 2021-10-21
    soldstatus $115,000
  31. 2004-06-28
    soldstatus $68,000
  32. 1995-11-08
    soldstatus $33,500

ⓘ 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
$3,680 · $307/mo
Projected year-2 tax
$3,680 · $307/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

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,571
− Mortgage interest
−$6,162
− Property taxes
−$3,680
− Insurance
−$550
− Repairs & maintenance
−$1,806
− Management
−$1,806
− HOA
−$4,212
− Depreciation
−$3,200
Taxable income
$1,156
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$277
After-tax cash flow
$2,190/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
City population
62,807
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

+228.4% since first listed
18 events — show timeline
  • 2026-05-26 Listed $110,000 MARMLS
  • 2025-07-22 Pending MARMLS
  • 2025-06-24 Contingent MARMLS
  • 2025-06-24 Listing Removed MARMLS
  • 2025-06-16 Price Changed $129,900 MARMLS
  • 2025-04-04 Listed $134,000 MARMLS
  • 2025-03-18 Listing Removed MARMLS
  • 2025-01-14 Price Changed $145,000 MARMLS
  • 2025-01-13 Relisted MARMLS
  • 2024-11-09 Pending MARMLS
  • 2024-09-16 Price Changed $148,000 MARMLS
  • 2024-09-09 Price Changed $150,000 MARMLS
  • 2024-08-02 Price Changed $152,000 MARMLS
  • 2024-05-29 Price Changed $155,000 MARMLS
  • 2024-04-22 Listed $150,000 MARMLS
  • 2021-10-21 Sold (Public Records) $115,000 Public Records
  • 2004-06-28 Sold (Public Records) $68,000 Public Records
  • 1995-11-08 Sold (Public Records) $33,500 Public Records

Property tax history

+17.9%/yr

Latest (2025): $3,680 · +2.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…