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North Lauderdale, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,227
Monthly Cash Flow
-$147
Principal + Equity
$3,006
Annual Total Gain
$34,300
Cash on Cash
-2.01%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$228
Occupancy Rate
61.29%
Monthly Revenue
$2,804
Monthly Cash Flow
$9
Principal + Equity
$3,006
Annual Total Gain
$36,176
Cash on Cash %
0.12%
Net ROI %
Market Health & Growth
Median Income
$63,423
Population
44,650
LTR Renter %
40.77%
Forecast (1 yr)
1.8%
Appreciation (1 yr)
-3.61%
Appreciation (5 yr)
45.34%
Appreciation (10 yr)
144.37%
Job Growth
2.53%
LTR Rentability
Moderate
STR Demand
60
STR Rentals
3,087
Top Public Schools
AThe College Academy at Broward College
AMcFatter Technical High School
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Most Diverse Suburbs in Florida
#89out of 380 markets
Most Diverse Places to Live in Florida
#236out of 1195 markets
Suburbs with the Best Public Schools in Florida
#251out of 380 markets
B-
Public School
C-
Crime And Safety
C-
Housing
B-
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in North Lauderdale, FL.
Before investing in a property in North Lauderdale, FL for short term rental purposes, an investor should be aware of the following regulations:
1. North Lauderdale requires all short term rental properties to be registered with the city and obtain a business tax receipt.
2. The city has specific zoning regulations that dictate where short term rentals are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
3. North Lauderdale has a maximum occupancy limit for short term rental properties, which is typically based on the number of bedrooms in the property. Investors should ensure that their property complies with these occupancy limits.
4. The city may have noise restrictions in place for short term rental properties, particularly in residential neighborhoods. Investors should be aware of these restrictions and ensure that their guests are aware of them as well.
5. Investors should also be aware of any local taxes or fees that may apply to short term rental properties in North Lauderdale. This could include tourist development taxes or resort taxes.
6. It is important for investors to familiarize themselves with the city's regulations regarding health and safety standards for short term rental properties. This may include requirements for smoke detectors, carbon monoxide detectors, and fire extinguishers.
By understanding and complying with these regulations, investors can ensure that their short term rental property in North Lauderdale operates legally and successfully.
Market Trends Over Time
Explore 25 years of market data for North Lauderdale, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to North Lauderdale, FL.
The LTR Genie Score of North Lauderdale, FL is 73 and STR Genie Score is 80, indicating a moderate to high level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, with a Rent Growth Rate of 0.071% and a Net ROI of 39.06%. On the other hand, the STR metrics show a higher Net ROI of 41.19% and a strong Occupancy rate of 61.29, leading to a higher Genie Score of 80. The 1-Year Price Appreciation Forecast of 1.8% suggests a stable market with potential for growth.
North Lauderdale, FL is a suburban city located in Broward County, known for its diverse community and family-friendly atmosphere. The city offers a mix of residential neighborhoods and commercial areas, making it an attractive location for real estate investors looking to capitalize on both long-term and short-term rental opportunities.
In conclusion, North Lauderdale, FL presents a favorable market for both long-term and short-term rental investments. The high STR Genie Score of 80 indicates strong potential for short-term rental success, while the moderate LTR Genie Score of 73 suggests steady returns for long-term rental properties. Investors may consider diversifying their portfolio by investing in both rental strategies in this market.
LTR Genie Score 93
$300,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,119 sqft.🏠 SINGLE FAMILY