Atlantic Luxury Advisors
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22 photos

3940 Inverrary #302

Lauderhill, FL 33319

$220,000
2
2
1,260 sq ft
1980
Condominium
$1,152/mo
229
Active

Listing courtesy of Dalton Wade Inc (Collin Martin Forde). Contact: [email protected].

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.

Virtual tour
What it costs to own
Estimated monthly payment
$2,701/mo
Principal and interest
$1,112
Property tax
$295
Homeowners insurance
$142
HOA
$1,152

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$3,539/yr

Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$1,152/mo (from the listing)
FEMA flood zone
Zone X, moderate risk

Outside the special flood hazard area (0.2% annual chance). Flood insurance is optional and usually priced lower.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.