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About this home

INVESTOR OPPORTUNITY: Fully Furnished with Creditable Tenant Situated within a 55+ community, the 2 bdr/2 bath condo is designed as an open-concept living area that leads to a private balcony. The kitchen is updated with contemporary countertops, ample cabinetry and modern appliances. The master bedroom includes two large closets, an en-suite bath, with an office/sitting area that leads out to the patio. The second bedroom is ideal for guests. This condo carries an in-unit laundry. A wide array of amenities, including a fitness center, pool, tennis and pickleball courts, exercise room, billiard table, library, sauna and BBQ area. The facilities offer options to entertain for leisure and recreation. The condo has storage and a private parking spot outside the stairway. The building is located close to the redevelopment of the Inverrary Country Club, with plans on the way to reintroduce the signature golf course. Maintenance fees cover cable TV, internet, pest control, water/sewer, garbage removal, building insurance and 24-hour manned gate security. The property is currently occupied by tenants with strong credit, whose lease runs until December 31, 2026. This arrangement allows investors to immediately benefit from rental income, bypassing the typical one-year waiting period before leasing. The homeowners association requires a 20% down payment with any offer, a minimum credit score of 710, an annual income of at least $45,000 and six months' worth of maintenance fees to be held in escrow.

Facts & features

Interior

  • Closet Cabinetry
  • Family Room
  • Great Room

Exterior

  • Balcony

Appliances

  • Disposal
  • Dryer
  • Microwave
  • Electric Range
  • Refrigerator
  • Washer

Cooling & heating

  • Electric
  • Electric

Flooring

  • Ceramic Floor

Parking

  • 1 Space
  • Assigned
  • Guest

Community amenities

  • Exercise Room

Maintenance includes

  • Cable Tv
  • Maintenance Incl Common Area
  • Insurance
  • Parking
  • Sewer
  • Trash Removal
  • Water

Pets

  • No
  • Yes

Construction & roof

  • Concrete Block Construction
  • CBS Construction

Location

3940 Inverrary Boulevard, Lauderhill

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Home priceUSD
Enter as digits, with commas, or shorthand: 1.9M · 1900K · 1,895,000
ZIP codeBroward
Broward County (exact match).
Payment typeFinanced
Conventional or jumbo loan, depending on size.
Down payment20% · $44,000
%
$176,000 financed
Loan termyears
Base rate% (760+ band)
Loading current market rate...
Your rate at 740-759:6.995%(base + 0.12%)
Primary residenceNo
No homestead exemption — full property tax applies.
Credit score banddrives rate
Lenders price LLPA adjustments by credit band. See impact panel for monthly + lifetime deltas.
Your finances optional, for DTI
Gross annual income
$
Other monthly debts
$
Household combined pre-tax income and the sum of your monthly debt-service payments (auto loans, student loans, credit-card minimums). We don't count groceries, utilities, or insurance — those don't factor into lender DTI.
Estimated monthly
$2,768
Per month, all-in
42%P&I SHARE
Monthly breakdown
  • Principal & interest$1,17042%
  • Property taxes$35213%
  • Insurance$943%
  • HOA$1,15242%

Tax: From listing — annual tax of record.

Insurance: Inland metro — moderate wind exposure, mature market.

Cash & qualification
Cash at closing
$56,318
Income to qualify
$119,000/yr
Credit-score impact

Improving from 740-759 to 760+ would save $14/mo and $5,093 over the life of this loan.

Over the life of the loan
Total paid
$421,323
Total interest
$245,323
Paid off
2056
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