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.
Inverrary, located between University Drive and Rock Island Road, is a residential and golf-course Lauderhill neighborhood with a gated feel and lakeside greens. The neighborhood’s character concentrates around the Inverrary Country Club entrance near Inverrary Blvd, where palms, guardhouses, and fairway views set a resort-leaning tone. Mid-century condo towers and low-slung townhome communities sit beside canals and water features that shape daily routes. Inverrary Country Club anchors the landscape with broad greens and clubhouse scenes. Lauderhill Performing Arts Center and Central Broward Regional Park add a cultural-and-sport rhythm beyond the gates. Commercial pockets along Oakland Park Blvd keep errands and casual dining in the mix.
Provided by Walk Score and Local Logic
Offer insights
3940 Inverrary Blvd #302 · $220,000
$218K and above
75% chance or better to win
Why $218K+ is a strong offer
DAYS ON MARKET
228 days
The average home goes pending in 116 days.
SALE-TO-LIST
94.0%
Most homes are selling 6% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Closet cabinetry
Furnished
Bedrooms
2 bedrooms (main level)
Bathrooms
2 full bathrooms (main level)
Kitchen
Disposal
Electric range
Microwave
Refrigerator
Flooring
Ceramic tile
Tile
Heating & cooling
Electric heating
Electric cooling
Exterior features
Porch
Home design
Condominium
8-story building
South-facing
Parking
Assigned parking
Guest parking
1 open parking space
Construction
Concrete/CBS construction
Building area approximately 1,260 (public records)
Utilities
Public water
Public sewer
Three-phase electric
Cable available
Sewer available
Water available
HOA & community
Has association
Monthly HOA approximately $1,152.83
Association covers cable TV, insurance, grounds maintenance, sewer, trash, water, and common areas
Community fitness center
Community parking
Senior community
Other
Pets not allowed
Electricity and solar
View estimated energy costs and solar savings for this home
IMPECCABLE 2/2 TURNKEY AND TASTEFULLY FURNISHED IN THE 18TH HOLE!! NOTHING TO ADD, EVERYTHING IS THERE! EVEN A WINE COOLER IN MASTER BEDROOM!! WASHER AND DRYER IN THE UNIT!! CAN'T GET BETTER THAN THAT AT THIS PRICE! A MUST SEE IN PERSON!! ASSOCIATION SAY +55 20% DOWN WITH OFFER, 45K INCOME, 710 CREDIT, 6 MONTH MAINT IN ESCROW! MAINT INCLUDES WATER, CABLE, PEST CONTROL, HEATED POOL, BILLIARDS, TENNIS, PICKLE BALL, BBQ AREA AND MANY MORE!! GREAT PLACE TO LIVE IN!!!
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Lot width
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Broward County
APN
494122BM1220
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Last updated by owner on Jul 1, 2023.
RM-22
Residential Multi-Family At 22 Dwelling Units Per Gross Acre
The purpose of the residential multi-family at 22 dwelling units per gross acre RM-22 zoning district is to: Provide a zoning district that allows more than 18 dwelling units per gross acre and up to 22 dwelling units per gross acre; and Allow within a community redevelopment area for single-family dwelling units to be constructed based on the residential single-family at 5 dwelling units per gross acre RS-5 development standards. The RM-22 zoning district is intended to be applied to areas within 0.25 mile radius of an arterial or collector roadway that is served by a Broward County Mass Transit route. It also is intended to serve as an underlying residential zoning district for a Mixed Use Overlay zoning district. The RM-22 zoning district corresponds to the Medium 25 Residential, Local Activity Center, Transit Oriented Corridor and Transit Oriented Development future land use designations in the Future Land Use Element of the Comprehensive Plan.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Fire house
Police station
Transportation
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
6 days above 105° expected this year, 22 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lauderhill, FL • 33319
Average low and high temperatures (°F)
75
58
79
62
82
66
83
71
90
76
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78
93
79
93
78
90
77
86
75
82
68
78
65
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 24% for direct sun exposure in Lauderhill. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.9 hrs
7.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3940 Inverrary Blvd #302
$202,897
$17K under list price of $220K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $150K.