3001 NW 48TH Avenue # 442, Lauderdale Lakes FL 33313 | Broward County | B26093115
- $109,000
- $109,000
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.
Monthly Fees & Carrying Costs
| Association Fee | $458 / month |
| Total Monthly Fees | $458 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
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Address
Open on Google Maps-
Address: 48TH
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City: Lauderdale Lakes
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Zip/Postal Code: 33313
Details
Updated on November 2, 2026 at 11:46 am-
Property ID B26093115
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Price $109,000
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Property Size 900 Sq Ft
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Bedroom 1
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Rooms 3
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Bathrooms 1.5
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Year Built 1980
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Property Status Active, Residential
Additional details
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View Garden, Pool
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Cooling Central Air
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Heating Electric
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Tax Year 2025
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Flooring Tile, Vinyl
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Unit Floor 4
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High School Boyd H Anderson
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Unit Number 442
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Listing Terms All Cash, Conventional, FHA, FHA 203K, VA Loan
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Area Cypress Chase Condo No 6
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Total Stories 4
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Waterfront No
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Association Yes
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Full Bathrooms 1
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Half Bathrooms 1
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Private Pool Yes
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Structure Type Condo
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Association Fee 458
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Parking Assigned
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Subdivision CYPRESS CHASE CONDO NO 6
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Annual Tax 2451
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Elementary School Castle Hill
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Year Built Details Resale
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Building Area 900
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Lot Size (Sq Ft) 0
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New Construction No
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Amenities Community Pool, Pool, Private Pool, Spa/Hot Tub
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Restrictions Other Restrictions
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Middle School Lauderhill Middle
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Construction CBS Construction
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Pets Allowed No
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Association Fee Frequency Monthly
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Maintenance Fee Paid Per Monthly
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Association Type Condo
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Maintenance Includes Maintenance Incl Common Area, Pool Service
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Membership Purchase Required No
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