WorkspaceDiscoverCondo · North Lauderdale · Broward County
1800 SW 81st Ave #1308, North Lauderdale
Condo advertised at $160,000 with a tenant paying $1,800 monthly through February 2027. The annual rent figure assumes twelve months at that advertised rate.
Recorded status: Public listing page: for sale; confirm current availability. Checked: .
Dated listing record · recheck availability and legal unit count.
- Reported gross yield
- 13.5%Rent ÷ asking price
- Asking price
- $160,000
Monthly rent · Reported: $1,800/mo
- Estimated annual NOI
- $2,994Before debt and capital reserves
- Estimated cap rate
- 1.9%Modeled NOI ÷ purchase price
- Est. cash flow / mo
- $196All cash · after reserves
Assumptions behind these estimates
Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values
| Input | Value | Basis |
|---|---|---|
| Total scheduled rent per month | $1,800 | Matches source observation |
| Vacancy (%) | 5% | Matches planning allowance |
| Management (% of collected rent) | 8% | Matches planning allowance |
| Maintenance (% of total rent) | 5% | Matches planning allowance |
| Buyer annual tax assumption (% of price) | 2% | Matches planning allowance |
| Annual insurance | $1,800 | Matches planning allowance |
| Annual owner-paid utilities | $600 | Matches planning allowance |
| Monthly HOA or condo fees | $717 | Matches source observation |
| Other annual operating expenses | $600 | Matches planning allowance |
| Capital reserves (% of total rent) | 3% | Matches planning allowance |
| Down payment (%) | 100% | Matches planning allowance |
| Mortgage rate (%) | 7% | Matches planning allowance |
Unit mix & possession
One 2-bedroom / 2-bath condo; tenant reported through February 2027.
- Reported units
- 1
- Reported listing area
- 1,000 sq ft
- Asking / reported sq ft
- $160
- Rent / year
- $21,600
- HOA / month
- $717
- Historical property tax / year
- $3,876
- HOA + historical tax / month
- $1,040
$760/month of reported rent remains after HOA and historical tax, before other costs and financing. This is not net cash flow.
HOA + historical tax only. Excludes insurance, assessments, upkeep and financing; buyer taxes can change.
Broker info & key considerations To confirm
- Current exact-unit source shows $160,000; an older broker page still shows $175,000. The price-change date is unknown.
- Broker pages disagree on the building name. Verify the parcel and condominium declaration for this exact unit and MLS A12021938.
- The $717 monthly association fee can materially reduce the return. Obtain assessments, reserves, rental rules and financing eligibility.
Source evidence and diligence
Financial figures observed Sep 29, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Source-reported as of Sep 29, 2026 whole-property annual base rent divided by asking price, before vacancy, expenses and financing. Freshness is unverified. This is not cap rate or a guaranteed return. Excludes separate fees and membership income.
Sources
- Public listing / MLS A12021938 · source reviewed 29 Sep 2026Source observation · Sep 29, 2026
Questions to resolve
- Obtain executed leases, collection history and tenant estoppels before relying on income or possession.
- Verify permitted use, association obligations, assessments, buyer taxes and insurance costs.
Similar properties
- 3600 NW 21st St #406, Lauderdale Lakes: condo, asking $145,000
- 3629 NW 94th Ave #5G, Sunrise: condo, asking $194,800
- 757 NW 92nd Ave #757, Plantation: condo, asking $284,900
Florida property research
Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.
[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods