Property Back to Results Property

3001 Nw 48th Avenue Unit #442, Lauderdale Lakes, FL 33313

$109,000
: 1
BD
: 900
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $109,000
MLS#: B26093115
Status: ACTIVE
Type: Condo
Bedrooms: 1
Full baths: 1
Half baths: 1
Living Area: 900

Refine Search

Property Description

55+ Lauderdale Lakes | Rare 3.5 Fixed Assumable Rate + Owner Financing | $40k Down Property Overview: 3001 NW 48th Ave #442, Lauderdale Lakes, FL 33313 (Cypress Chase) Asking Price: $109,000 | Down Payment Required: $40,000 to $42,500 cash Description: Skip high bank interest rates and complex condo mortgage rules. This top-floor 55+ residence in Cypress Chase offers an ultra-rare financing structure that keeps your total monthly housing cost roughly $1,100 to $1,125 per month—cheaper than renting almost anywhere in Broward County. The Financing Structure: Purchase Price: $109,000 Down Payment: $40,000 to $42,500 cash First Mortgage: Assume the existing $33,000 loan at an unbeatable 3.5 fixed interest rate (approx. $191/mo principal & interest) Second Mortgage (Owner Financed): Seller will finance the remaining balance of ~$33,500 to $36,000 at 7.5 interest rate (approx. $310 to $334/mo principal & interest) Total Monthly Cost: ~$1,100 to $1,125/mo all-in, including both mortgage payments, monthly HOA maintenance, and estimated property taxes Unit & Community Features: Bright, quiet top-floor unit with an open layout and screened patio Well-maintained 55+ active adult community featuring a clubhouse, pool, shuffleboard, and social activities Convenient central Broward location near shopping, dining, medical facilities, and the Turnpike Terms & Requirements: Buyer must meet Cypress Chase Association approval requirements (55+ age verification, background, and credit check). Title, second mortgage, and closing to be handled by a licensed Florida title company / real estate attorney.

Search All Properties

Additional Information

Days on Market: 10
Interior Features: First Floor Entry, Elevator, Walk-In Closet(s), Florida Room
Tax Amount: $2,451
Parcel Number: 494125jj0890
Front Exposure: East
Association Fee: $458
Unit View: Garden, Pool
Parking Restrictions: Assigned
Pet Restrictions: No, Yes
Pets Allowed: Yes
Unit Number: 442
Elementary School: Castle Hill
SqFt Liv Area: 900
Amenities: Community Pool, Pool, Private Pool, Spa/Hot Tub
Year Built: 1980
Style: Condo
Restrictions: Other Restrictions
Development Name: Cypress Chase Condo No 6
Middle School: Lauderhill Middle
Senior High School: Boyd H Anderson
Construction Type: CBS Construction