3001 NW 48TH Avenue #442
CYPRESS CHASE CONDO NO 6 · Lauderdale Lakes · FL · 33313
Overview
About this home
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.
Property details
Interior
- Bedrooms
- 1
- Full bathrooms
- 1
- Half bathrooms
- 1
- Living area
- 900 sq ft
- Flooring
- Tile, Vinyl
- Cooling
- Central Air
- Heating
- Electric
- Features
- Walk-In Closet(s)
Exterior & lot
- Construction
- CBS
- Roof
- Flat
- Stories
- 1
- View
- Garden, Pool
- Parking
- Assigned
Community
- Subdivision
- CYPRESS CHASE CONDO NO 6
- HOA fee
- $458 monthly
- Amenities
- Pool, Spa/Hot Tub
- County
- Broward
Listing & financial
- Property type
- Condominium
- Year built
- 1980
- Annual taxes
- $2,451 (2025)
- Parcel ID
- 494125jj0890
- Buyer financing accepted
- Cash, Conventional, FHA, VA Loan
- Sale type
- Standard
- MLS #
- B26093115
Sale & tax history
This listing
| Oct 27, 2026 | Listed for sale | $109,000 |
Taxes
2025 property taxes: $2,451. In Florida, taxes are re-assessed after a sale, so a new owner's bill can be different (your homestead exemption can lower it).
Full sale and tax history is public at the county property appraiser (parcel ID 494125jj0890). Open the Broward County Property Appraiser ↗
Location
Approximate location. Street View opens in Google Maps where Google has street photos.
Neighborhood
- Subdivision
- CYPRESS CHASE CONDO NO 6
- City
- Lauderdale Lakes
- County
- Broward County
- Elementary school
- Castle Hill
- Middle school
- Lauderhill 6-12
- High school
- Boyd H. Anderson
Schools as reported by the listing agent. Always confirm school assignments with the district: Broward County schools ↗.
Climate, weather & flood risk
Average temperatures by month
Winters are mild, with highs around 77°F from December to February. The coolest nights come in January (about 61°F); the warmest days in July (about 90°F).
| Month | Low | Range | High | Rain |
|---|---|---|---|---|
| Jan | 61° | 76° | 2.9″ | |
| Feb | 63° | 77° | 2.4″ | |
| Mar | 66° | 80° | 2.4″ | |
| Apr | 70° | 83° | 3.0″ | |
| May | 74° | 86° | 5.6″ | |
| Jun | 77° | 88° | 9.6″ | |
| Jul | 78° | 90° | 5.4″ | |
| Aug | 78° | 90° | 7.9″ | |
| Sep | 77° | 88° | 8.0″ | |
| Oct | 74° | 85° | 7.4″ | |
| Nov | 68° | 81° | 3.7″ | |
| Dec | 65° | 78° | 2.8″ |
Average daily low and high (°F) and monthly rainfall (inches). Source: NOAA U.S. Climate Normals 1991–2020, Fort Lauderdale-Hollywood Airport station (7 mi away). Most rain falls in short summer afternoon showers.
Monthly payment
Estimated monthly payment
$1,286/mo
- Principal & interest$551
- Property taxes$204
- Home insurance$73
- HOA$458
Estimate only, not a loan offer. The rate is an example: ask a lender for today's rates. In Florida, property taxes are re-assessed after a sale, so the seller's last bill is only a starting point; your homestead exemption can lower it. Insurance is a rough estimate; get a real quote, including flood and wind coverage. Talk to a lender we trust →
