2649 NW 48th Ter 130, Lauderdale Lakes, FL 33313 — MLS photo

Active · Condominium

$145,000

2649 NW 48th Ter 130, Lauderdale Lakes, FL 33313

Beds: 2
Baths: 2
Living area: 960 sq ft
$ / sq ft: $151/sq ft
Year built: 1977
Lot size: —
HOA fee: $587 Monthly
Annual tax: $669

About this property

Welcome to this beautiful 55+ gated community with well-maintained lawns and common areas. This ground-floor 2-bed, 2-bath condo features elegant tile flooring throughout. NEW A/C and NEW IMPACT RESISTANT WINDOWS. Enjoy ownership freedom with no first-year leasing restrictions. Perfectly situated near Fort Lauderdale Airport, highways, and shopping centers. Stay up to six months with limited renting options. Small pets are allowed. Ample guest parking available. Conveniently located for shopping, dining, healthcare, and transit. Just a short drive to the beach or Sawgrass Mills outlet mall. Relax on the screened patio overlooking the courtyard. Dive into the heated pool, hot tub, BBQ area, and games like shuffleboard and bocce ball. The clubhouse offers a social room, kitchen, and billiard/game‌‌‌‌‌‌‌‌ room.

Property location

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2649 NW 48th Ter 130, Lauderdale Lakes, FL 33313

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 960 sq ft
Flooring: Tile
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven
Cooling: Central Air, Ceiling Fans
Heating: Central
Interior features: Bedroom On Main Level, Family Dining Room, First Floor Entry, Living Dining Room, Pantry, Split Bedrooms, Tub Shower, Walk In Closets
Furnished: Partially

Exterior & Structure

Property type: Condominium
Year built: 1977
Stories: 4
Architectural style: Cluster Home, Other, Split Level
Construction: Block, Stucco
Exterior features: Courtyard, Enclosed Porch, Patio
Pool: Heated
View: Garden, Pool

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Assigned, Guest, One Space

HOA, Community & Financials

Association fee: $587 Monthly
Fee inclusions: Amenities, Common Areas, Cable Tv, Legal Accounting, Maintenance Grounds, Maintenance Structure, Pools, Reserve Fund, Trash, Water
Amenities: Billiard Room, Clubhouse, Community Kitchen, Laundry, Barbecue, Picnic Area, Pool, Shuffleboard Court, Storage, Trash, Vehicle Wash Area, Elevators
Security: Complex Fenced, Elevator Secured, Key Card Entry, Phone Entry
Pets allowed: Conditional, Yes
Annual tax: $669
Subdivision: CYPRESS CHASE CONDO NO 8
County: Broward
Days on market: 43
MLS listing ID: A11962035
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Home insurance ($/yr)

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Estimated monthly cash flow

$484

Cap rate: 9.7%
Net yield: 9.7%
Cash-on-cash return: 14.3%
Gross yield: 17.6%
Mortgage payment: $687/mo
Down payment: $36,250
Loan amount: $108,750
Annual NOI: $14,059

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.