2850 Somerset Dr Unit 204L · Lauderdale Lakes, FL 33311

$114,999

2 bd · 2.0 ba · 1,010 sqft · Condo public records · 57 Days on market

Built 1979 $638/mo HOA · 32% of rent

---

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 +21.9/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

Key facts

• Gated community
• 24hrs security
• Bbq area

Tags

• GATED COMMUNITY
• 24HRS SECURITY
• HEATED POOL
• CLUB HOUSE
• BBQ AREA
• GYM

Property features AI

Finance

• Other: Furnished: negotiable
• Financial info: Lease restrictions apply; Total annual association fees $7,656
• HOA & community: Monthly HOA fee of $638 (includes 24-hour guard, cable TV, insurance, building and grounds maintenance, pool, sewer and water); Association approval required; Somerset association / summerset; Community amenities: clubhouse, fitness center, community mailbox, deed restrictions, association recreation owned; Pets allowed with breed restrictions; Senior community

Exterior

• Parking: Directions available to property (gated community)
• Utilities: Public water; Public sewer; Electricity connected; Broadband/high-speed internet available; Water connected; Sewer connected
• Home design: Condominium; Multilevel (Multi/Split); 4 total stories; East-facing
• Construction: Concrete construction; Shingle roof
• Exterior features: In-ground pool; Asphalt road access

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Ceramic tile; Block foundation
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Elevator
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $115k.

Deal economics

• At list price, monthly cash flow is $30 ($359/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $112k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 5.6% 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: 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 rising (+2.8%/yr); 585 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 44% of the median local income ($54k/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 $795 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 57 days — a 3% lower offer ($112k) is reasonable based on typical stale-listing flexibility.
• 4 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.
• Current owner paid $80k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $152/mo; HOA is 32% of rent.
• Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance); 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 $111,549 (3.0% below list)

Questions for the listing agent

1. It's been on market 57 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 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 1.73% ✓
• Cap rate: 8.19%
• Cash-on-cash: 6.78%
• DSCR: 1.30
• GRM: 4.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.78% rent growth · sell at horizon

5-year hold

• IRR: -14.5%
• Equity multiple: 0.48×
• Total profit: $-16,680
• Equity at exit: $17,147

10-year hold

• IRR: -5.7%
• Equity multiple: 0.63×
• Total profit: $-11,883
• Equity at exit: $9,943

Cash invested: $32,200 (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 33311

• Rents YoY: 2.8%
• Active inventory: 585
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,987 high
• Mortgage (P&I): −$603
• Tax from tax record: −$99 /mo · $1,185/yr
• Insurance: −$48
• Flood insurance flood zone: −$152 /mo · $1,824/yr
• HOA: −$638
• Vacancy / Maint / Mgmt: −$417
• Net cashflow: $30

Break-even live

Break-even rent $1,949

Max offer price $114,999

Occupancy floor 93%

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2800 Somerset Dr Unit 418J Lauderdale Lakes, FL	2.0	2.0	1010	$1,800	$1.78	15d	1	0.01mi
2821 Somerset Dr #217 Lauderdale Lakes, FL	1.0	1.0	748	$1,400	$1.87	3d	1	0.07mi
2830 Somerset Dr Lauderdale Lakes, FL	2.0	2.0	1010	$1,925	$1.91	11d	2	0.09mi
2811 Somerset Dr #412 Lauderdale Lakes, FL	2.0	2.0	865	$1,700	$1.97	8d	1	0.11mi
2801 Somerset Dr Lauderdale Lakes, FL	2.0	2.0	865	$1,775	$2.05	24d	2	0.15mi
2841 Somerset Dr Lauderdale Lakes, FL	1.0	1.0	696	$1,598	$2.30	11d	3	0.16mi
2851 Somerset Dr Lauderdale Lakes, FL	1.0–2.0	1.0–2.0	827	$1,700	$2.06	3d	2	0.17mi
2725 Somerset Dr Lauderdale Lakes, FL	1.0–2.0	1.0–2.0	990	$2,250	$2.27	24d	1	0.24mi
3390 NW 30th St Unit 3 Lauderdale Lakes, FL	2.0	1.0	800	$1,650	$2.06	24d	1	0.32mi
3529 NW 29th Pl Lauderdale Lakes, FL	3.0	2.5	1474	$3,200	$2.17	24d	1	0.41mi
3115 Oakland Shores Dr Unit E208 Oakland Park, FL	1.0	1.0	760	$1,600	$2.11	5d	1	0.45mi
3115 Oakland Shores Dr Unit E208 Oakland Park, FL	1.0	1.0	760	$1,700	$2.24	24d	1	0.45mi
3123 Oakland Shores Dr Unit D112 Oakland Park, FL	1.0	1.0	760	$1,450	$1.91	21d	1	0.51mi
3123 Oakland Shores Dr Unit D112 Oakland Park, FL	1.0	1.0	760	$1,450	$1.91	11d	1	0.51mi
3541 NW 30th Pl Lauderdale Lakes, FL	1.0–3.0	1.0–2.0	865	$2,076	$2.40	2d	14	0.51mi
3119 Oakland Shores Dr Unit C110 Oakland Park, FL	2.0	2.0	1050	$1,800	$1.71	8d	1	0.51mi
3119 Oakland Shores Dr Unit C212 Oakland Park, FL	1.0	1.0	760	$1,380	$1.82	24d	1	0.51mi
3082 S Oakland Forest Dr #1301 Oakland Park, FL	2.0	2.5	1098	$1,975	$1.80	21d	1	0.55mi
3621 NW 30th Ct Oakland Park, FL	2.0	2.5	1104	$2,695	$2.44	14d	1	0.57mi
3064 S Oakland Forest Dr #1001 Oakland Park, FL	3.0	2.0	1156	$2,850	$2.47	24d	1	0.63mi
2721 NW 25th St Fort Lauderdale, FL	3.0	2.0	1015	$3,000	$2.96	2d	1	0.64mi
3430 NW 34th St Lauderdale Lakes, FL	2.0	2.0	1259	$2,306	$1.83	14d	1	0.64mi
3076 S Oakland Forest Dr #503 Oakland Park, FL	3.0	2.0	1244	$2,900	$2.33	24d	1	0.65mi
3684 NW 29th Ct Lauderdale Lakes, FL	3.0	2.5	1478	$2,700	$1.83	24d	1	0.66mi
2040 NW 29th Ter Unit 2040 Fort Lauderdale, FL	2.0	1.0	916	$2,400	$2.62	8d	1	0.68mi
2040 NW 29th Ter Unit 2040 Fort Lauderdale, FL	2.0	1.0	916	$2,600	$2.84	15d	1	0.68mi
2829 S Oakland Forest Dr Oakland Park, FL	2.0–3.0	2.0	1295	$2,275	$1.76	2d	10	0.68mi
3048 NW 20th St Unit n/a Fort Lauderdale, FL	3.0	2.0	1107	$2,800	$2.53	24d	1	0.69mi
2720 S Oakland Forest Dr Oakland Park, FL	2.0	2.0	1100	$2,050	$1.86	24d	1	0.71mi
2631 NW 25th St Fort Lauderdale, FL	3.0	2.0	1446	$2,700	$1.87	24d	1	0.73mi
3540 NW 34th Ter Lauderdale Lakes, FL	2.0	1.0	1056	$1,200	$1.14	18d	1	0.74mi
3710 NW 21st St #305 Lauderdale Lakes, FL	2.0	2.0	1100	$1,650	$1.50	24d	1	0.75mi
2890 NW 20th St Fort Lauderdale, FL	3.0	1.0	1326	$2,560	$1.93	24d	1	0.76mi
2662 NW 33rd St #2505 Oakland Park, FL	2.0	2.0	1256	$2,495	$1.99	2d	1	0.77mi
3610 NW 21st St Lauderdale Lakes, FL	1.0–2.0	1.0–2.0	950	$1,750	$1.84	24d	2	0.79mi
3610 NW 21st St #308 Lauderdale Lakes, FL	2.0	2.0	1100	$1,750	$1.59	22d	1	0.79mi
3610 NW 21st St #413 Lauderdale Lakes, FL	2.0	2.0	1100	$1,750	$1.59	21d	1	0.79mi
3700 NW 21st St #203 Lauderdale Lakes, FL	1.0	1.0	800	$1,500	$1.88	21d	1	0.80mi
2733 S Oakland Forest Dr Oakland Park, FL	2.0	2.0	1050	$2,200	$2.10	24d	1	0.80mi
2890 N Oakland Forest Dr #111 Oakland Park, FL	2.0	2.0	1038	$2,000	$1.93	8d	1	0.80mi

HOA detail condo

• Monthly dues: $638 · $7,656/yr
• Likely covers: poolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 40 events

1. 2026-06-18
   days on market $114,999 Active 57 DOM
2. 2026-06-17
   days on market $114,999 Active 56 DOM
3. 2026-06-16
   days on market $114,999 Active 55 DOM
4. 2026-06-15
   days on market $114,999 Active 54 DOM
5. 2026-06-13
   days on market $114,999 Active 52 DOM
6. 2026-06-09
   days on market $114,999 Active 48 DOM
7. 2026-06-08
   days on market $114,999 Active 47 DOM
8. 2026-06-07
   days on market $114,999 Active 46 DOM
9. 2026-06-04
   days on market $114,999 Active 43 DOM
10. 2026-06-03
    days on market $114,999 Active 42 DOM
11. 2026-06-02
    days on market $114,999 Active 41 DOM
12. 2026-06-01
    days on market $114,999 Active 40 DOM
13. 2026-05-31
    days on market $114,999 Active 39 DOM
14. 2026-04-22
    listed $114,999 Active
15. 2025-10-25
    status Pending
16. 2025-10-23
    historical
17. 2025-06-04
    price $115,999
18. 2025-04-11
    price $124,999
19. 2025-03-28
    price $119,999
20. 2025-03-27
    price $124,999
21. 2025-01-08
    listed $129,999 Active
22. 2022-12-28
    soldstatus $80,000 Closed 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

23. 2022-12-23
    soldstatus $80,000
24. 2022-11-03
    status Pending 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

25. 2022-11-02
    price $86,000 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

26. 2022-10-31
    price $86,500 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

27. 2022-10-31
    status Active 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

28. 2022-10-29
    status Pending 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

29. 2022-10-26
    price $86,700 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

30. 2022-10-24
    price $87,000 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

31. 2022-10-20
    price $87,299 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

32. 2022-10-18
    price $87,499 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

33. 2022-10-12
    price $87,577 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

34. 2022-10-10
    price $87,777 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

35. 2022-10-03
    price $87,999 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

36. 2022-09-26
    price $88,999 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

37. 2022-09-13
    price $89,999 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

38. 2022-09-06
    price $92,000 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

39. 2022-08-31
    listed $97,000 Active 384-char remark

    Show marketing remark (384 chars)

    All ages can buy! At least 1 resident must be 55+ This beautiful 2 beds 2 baths condo is located in a gated community with 24hr around the clock security. Enjoy your beautiful pool, club house, gym and shuffleboard. Located near shopping, restaurants, major highways and schools. This condo has walk in closets and a beautiful view. Priced to sell fast don't let the opportunity pass.

40. 1984-08-01
    soldstatus $39,000

ⓘ 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: $1,185 · $99/mo
• Projected year-2 tax: $1,185 · $99/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 AH · 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

Taxation est. · year 1

• Rental income: $23,844
• − Mortgage interest: −$6,442
• − Property taxes: −$1,185
• − Insurance: −$2,399
• − Repairs & maintenance: −$1,907
• − Management: −$1,907
• − HOA: −$7,656
• − Depreciation: −$3,345
• Taxable loss: −$999
• Est. tax savings @ 24.0%: +$240
• After-tax cash flow: $599/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): 74,898
• Household income: $53,973
• Rent vs Own: 52.8% rent · 47.2% own
• Severe rent burden: 5068.0

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% Two or more races 9% White 9% Hispanic / Latino 9%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Hispanic 15% Lithuanian 1% Romanian 0%
• Foreign-born: 24% · Canada, Jamaica
• Languages at home: 78% English-only · French/Haitian/Cajun 14% Spanish 6% Other Indo-European 1%

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: ▼ -300.68%
• Current HPI: 535.2504
• Rent YoY: ▲ 2.78%
• 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

+194.9% since first listed

27 events — show timeline

• 2026-04-22 Listed $114,999 Stellar MLS as Distributed by MLS Grid
• 2025-10-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-23 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-06-04 Price Changed $115,999 Stellar MLS as Distributed by MLS Grid
• 2025-04-11 Price Changed $124,999 Stellar MLS as Distributed by MLS Grid
• 2025-03-28 Price Changed $119,999 Stellar MLS as Distributed by MLS Grid
• 2025-03-27 Price Changed $124,999 Stellar MLS as Distributed by MLS Grid
• 2025-01-08 Listed $129,999 Stellar MLS as Distributed by MLS Grid
• 2022-12-28 Sold (MLS) $80,000 Stellar MLS as Distributed by MLS Grid
• 2022-12-23 Sold (Public Records) $80,000 Public Records
• 2022-11-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-11-02 Price Changed $86,000 Stellar MLS as Distributed by MLS Grid
• 2022-10-31 Price Changed $86,500 Stellar MLS as Distributed by MLS Grid
• 2022-10-31 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-10-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-10-26 Price Changed $86,700 Stellar MLS as Distributed by MLS Grid
• 2022-10-24 Price Changed $87,000 Stellar MLS as Distributed by MLS Grid
• 2022-10-20 Price Changed $87,299 Stellar MLS as Distributed by MLS Grid
• 2022-10-18 Price Changed $87,499 Stellar MLS as Distributed by MLS Grid
• 2022-10-12 Price Changed $87,577 Stellar MLS as Distributed by MLS Grid
• 2022-10-10 Price Changed $87,777 Stellar MLS as Distributed by MLS Grid
• 2022-10-03 Price Changed $87,999 Stellar MLS as Distributed by MLS Grid
• 2022-09-26 Price Changed $88,999 Stellar MLS as Distributed by MLS Grid
• 2022-09-13 Price Changed $89,999 Stellar MLS as Distributed by MLS Grid
• 2022-09-06 Price Changed $92,000 Stellar MLS as Distributed by MLS Grid
• 2022-08-31 Listed $97,000 Stellar MLS as Distributed by MLS Grid
• 1984-08-01 Sold (Public Records) $39,000 Public Records

Property tax history

+2.7%/yr

Latest (2025): $1,185 · +3.4% YoY. Source: county tax records.