Property ID: 5604460594
4836 NE 23rd Ave Apt 4, Fort Lauderdale, FL, 33308
Fort Lauderdale, FL
Money Down: $38,376
CoC Return: 28.65%
Monthly Cash Flow: $916
Est. Final ARV: $147,273
Editable financing assumptions (defaults: 4% closing costs, 7% interest).
Down Payment
$31,980
Closing Costs
$6,396
Total Down
$38,376
Investment Snapshot
Purchase Price
$159,900
Money Down
$38,376
Cash-on-Cash Return
28.65%
Rent
$2,151
Monthly Cash Flow
$916
Annual Cash Flow
$10,994
Debt Service / Mo
$851
Property Tax / Mo
$127
Insurance / Mo
$42
Quality Score and Underwriting
Monthly Cash Flow Breakdown
Rent (Projected)
$2,151
Payment Standard
$2,230
Rent
$2,151
Insurance
$42
Property Tax
$127
Management
$215
Utilities Allowance
$79
NOI (Monthly)
$1,767
Debt Service
$851
Cash Flow After Debt
$916
Quality Score: 68.50%
Confidence: 94.00%
Overall the unit appears to be in good, mostly cosmetic condition with vintage kitchen/bath and window/wall AC units instead of central HVAC. The building exterior and pool area look maintained. Primary inspection risks are missing/unclear smoke/CO detectors, unverified bedroom egress, and potential minor electrical issues related to the wall AC power routing. With quick verification/installation of detectors, a basic electrical check, and addressing any minor mechanical items uncovered on test, this unit is likely to pass an initial HCV/NSPIRE inspection after 1–4 weeks of prep.
Section 8 Payment Standard
$2,230
Utility Allowance Total
$79
Guaranteed Section 8 Rent (PS - Utilities)
$2,151
Property Management
$215
Property Fundamentals
Status
For Sale
Type
single_family
List Price
$159,900
Beds
1
Baths
1
Living Area
540 sqft
Lot Size
—
Year Built
1961
Days on Market
97
Capital Outlay
$38,376
Debt Service
$851
Property Tax / Mo
$127
Insurance / Mo
$42
Property Description
Rare first-floor opportunity in desirable Coral Ridge! This one-bedroom, one-bath residence at Country Club Terrace is the only unit currently available on the first floor, and first-floor units in this boutique Mid-Century co-op rarely come to market. Enjoy golf course and pool views overlooking Coral Ridge Country Club. The unit features a vintage kitchen and bath and offers excellent potential for updating, including the opportunity to add central HVAC and modernize the kitchen. Being sold furnished for convenience. Ideally located at the corner of US-1 and Commercial Blvd, just minutes to Lauderdale-by-the-Sea, beaches, shopping, dining, and golf. Boutique community with heated pool. Very motivated seller - great value in a prime location!
Utility Allowances
Air Conditioning
$20
Based on the 1BR allowance for a property with 'Wall/Window Unit(s)' for cooling.
Heating
$4
Selected 'electric' as the property has electric appliances and wall/window AC units, which typically provide electric heat. This aligns with the 1BR schedule.
Cooking
$10
Selected 'electric' as the property details explicitly list an 'Electric Range'. This is the 1BR allowance for electric cooking.
Water Heating
$16
Selected 'electric' as property details list an 'Electric Water Heater'. This is the 1BR allowance for electric water heating.
Other Electric
$29
Standard allowance for general electricity use (e.g., lights, outlets) for a 1BR unit.
Water
$0
The property listing's Homeowners Association (HOA) fee details explicitly state that 'Water' is included.
Sewer
$0
The property listing's Homeowners Association (HOA) fee details explicitly state that 'Sewer' is included.
Trash Collection
$0
The property listing's Homeowners Association (HOA) fee details explicitly state that 'Trash' is included.
Natural Gas Base Charge
$0
The property's appliances are all electric; no natural gas service is indicated.
Refrigerator
$0
The property listing explicitly includes a refrigerator, so there is no allowance for a tenant-owned appliance.
Range/Microwave
$0
The property listing explicitly includes a range and microwave, so there is no allowance for tenant-owned appliances.
Source References
Payment Standard Source
Effective Date:
Jan 01, 2025
Utility Allowance Source
Effective Date:
Jan 01, 2025
Insurance Quotes
Coverage Options
View QuoteDP1 Annual Estimate$505
DP3 Annual Estimate$505
DP1 Monthly Equivalent$42
DP3 Monthly Equivalent$42
Replacement Value$134,580
Basis540 sqft / 1961
Nearby Houses
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4836 NE 23rd Ave Apt 23
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4848 NE 23rd Ave Apt 8A
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4848 NE 23rd Ave Apt 9C
for_sale · 0.04 mi
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Photo unavailable
4848 NE 23rd Ave Apt 2C
sold · 0.04 mi
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1 bd / 1 ba · 740 sqft
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Photo unavailable
4848 NE 23rd Ave Apt 1B
sold · 0.04 mi
Price: $408,450
2 bd / 2 ba · 950 sqft
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Photo unavailable
4848 NE 23rd Ave Apt 10B
sold · 0.04 mi
Price: $307,000
2 bd / 2 ba · 950 sqft
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Photo unavailable
4848 NE 23rd Ave Apt 10C
sold · 0.04 mi
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2 bd / 2 ba · 950 sqft
Latest sale: $356,000 on Mar 31, 2023
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Photo unavailable
4820 NE 23rd Ave Apt 104
sold · 0.05 mi
Price: $353,500
2 bd / 2 ba · 870 sqft
Latest sale: $353,500 on Dec 17, 2024
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Photo unavailable
4820 NE 23rd Ave Apt 102
sold · 0.05 mi
Price: $200,000
1 bd / 1 ba · 650 sqft
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Photo unavailable
4833 NE 23rd Ave Apt 5
off_market · 0.05 mi
Price: $1,750
1 bd / 1 ba · 700 sqft
Latest sale: —
Latest rent: $1,750 on Feb 02, 2026
Photo unavailable
4848 NE 23rd Ave Apt 4A
sold · 0.05 mi
Price: $289,000
1 bd / 1 ba · 666 sqft
Latest sale: $289,000 on Jul 11, 2023
Latest rent: —
Photo unavailable
4820 NE 23rd Ave Unit A205
sold · 0.05 mi
Price: $390,000
2 bd / 2 ba · 870 sqft
Latest sale: $390,000
Latest rent: —
Photo unavailable
4820 NE 23rd Ave Unit B207
sold · 0.05 mi
Price: $213,000
1 bd / 1 ba · 655 sqft
Latest sale: $213,000
Latest rent: —
Properties Used for Comps
Photo unavailable
4521 NE 21st Ave Apt 7, Fort Lauderdale, FL, 33308
sold
Price: $165,000
Rent: —
1 bd / 1 ba · 605 sqft
Sale Date: Dec 18, 2024
Distance: 0.24 mi
View listing
Risk and Criteria Detail
Red Flags
- success
- No visible smoke detectors or carbon monoxide alarms in photos — must be verified/installed prior to inspection.
- No central HVAC (window/wall units only) — confirm adequate cooling/heating per local code and voucher program requirements.
- Potential electrical concern: visible cord/conduit from wall/window AC unit that may indicate non‑permanent or extension‑cord use; verify safe wiring and outlet/GFCI compliance.
- Rental history missing for last 5 years — no recent rental events to confirm tenant history/turnover.
Assumptions
- No smoke detectors or CO alarms were visible in the provided interior photos; assume none are confirmed without further documentation.
- Bedroom window/egress was not shown; assume bedroom has a code‑compliant egress window unless inspection or floorplan indicates otherwise.
- Window/wall AC units are the primary cooling source; no central HVAC present as stated in listing.
- Electrical panel, water heater, and main plumbing systems were not photographed; assume typical mid‑century functioning systems unless disclosure or inspection reveals issues.
- Kitchen and bathroom plumbing fixtures and hot water are presumed operational but vintage and may need minor servicing.
- Co‑op occupancy rules/approval process are not assessed here and may affect ability to house tenants with vouchers.
Tax and Sale History
Property Tax History
| Year | Tax | Market Total | Assessment Total |
|---|---|---|---|
| No tax history available. | |||
Sale History
| Date | Event | Price |
|---|---|---|
| 2026-03-11 | Listed | $159,900 |
Photo Gallery
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"Association Fee Frequency: Monthly",
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"Directions: From US 1 head east on Commercial Blvd and make your first right. Property is at the end of the street.",
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"Non Deeded: Yes",
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"Property Condition: Resale",
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{
"summary": "Overall the unit appears to be in good, mostly cosmetic condition with vintage kitchen/bath and window/wall AC units instead of central HVAC. The building exterior and pool area look maintained. Primary inspection risks are missing/unclear smoke/CO detectors, unverified bedroom egress, and potential minor electrical issues related to the wall AC power routing. With quick verification/installation of detectors, a basic electrical check, and addressing any minor mechanical items uncovered on test, this unit is likely to pass an initial HCV/NSPIRE inspection after 1–4 weeks of prep.",
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"label": "Condition & Deferred Repairs",
"score": 75.0,
"rationale": "Interior photos show generally clean, intact finishes: carpets, painted walls and ceilings without visible large stains or holes. Kitchen and bath are described and pictured as 'vintage' but appear functional; refrigerator and cooktop are present. Minor cosmetic updating (cabinet hardware, countertops, tile grout, carpet edge trim) and likely replacement of some fixtures would improve marketability. Missing central HVAC is noted in listing but presence of window/wall units reduces immediate repair burden. No visible collapsed ceilings, major floor damage, or exposed subfloor in photos."
},
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"label": "Safety & Code Compliance Risk",
"score": 65.0,
"rationale": "No obvious life‑threatening hazards in photos (no collapsed ceilings, no standing water, no major structural cracks). However, no smoke detectors or carbon monoxide alarms are visible in the photos; bedroom egress cannot be fully verified (bedroom window not shown). The wall/window AC unit shows a visible cord/conduit that could indicate a non‑permanent installation or extension-cord use—potential electrical code concern. Door hardware (deadbolt) and electrical panel not shown. GFCI presence in kitchen/bath is not visible. Overall moderate risk: likely fixable but will require quick verification/installation of detectors and minor electrical checks for inspection readiness."
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{
"key": "systems_mechanical",
"label": "Mechanical / Major Systems",
"score": 60.0,
"rationale": "No central HVAC present (listing explicitly mentions opportunity to add central HVAC); cooling is provided by wall/window units visible in living area which may be acceptable but should be tested for capacity. Roof and building exterior (aerials) appear intact with no visible evidence of major roof failure. Water heater, HVAC mechanicals, electrical panel, and plumbing fixtures are not shown—their condition is unknown. Kitchen appliances are older but present. Given unknowns, assign a cautious moderate score: likely serviceable but needs inspection and possible mechanical servicing or upgrades."
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"No visible smoke detectors or carbon monoxide alarms in photos — must be verified/installed prior to inspection.",
"No central HVAC (window/wall units only) — confirm adequate cooling/heating per local code and voucher program requirements.",
"Potential electrical concern: visible cord/conduit from wall/window AC unit that may indicate non‑permanent or extension‑cord use; verify safe wiring and outlet/GFCI compliance.",
"Rental history missing for last 5 years — no recent rental events to confirm tenant history/turnover."
],
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"Bedroom window/egress was not shown; assume bedroom has a code‑compliant egress window unless inspection or floorplan indicates otherwise.",
"Window/wall AC units are the primary cooling source; no central HVAC present as stated in listing.",
"Electrical panel, water heater, and main plumbing systems were not photographed; assume typical mid‑century functioning systems unless disclosure or inspection reveals issues.",
"Kitchen and bathroom plumbing fixtures and hot water are presumed operational but vintage and may need minor servicing.",
"Co‑op occupancy rules/approval process are not assessed here and may affect ability to house tenants with vouchers."
],
"overall_score": 70.0,
"rubric_version": "nsprite-2026-03-v1"
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"summary": "Overall this first-floor 1BR unit is in fair-to-good condition and likely passable for a Housing Choice Voucher inspection after addressing a few quick safety items. The property is largely cosmetically sound, appliances are present, and the building exterior/roof look maintained. Primary inspection risks are missing/undocumented smoke and CO detectors, unconfirmed bedroom egress, and unverified major systems (water heater, electrical panel, and central HVAC). With installation/verification of required detectors, confirmation of egress, and basic systems checks, the unit should be rent-ready within 30 days.",
"criteria": [
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"key": "condition_repairs",
"label": "Visible condition and repair needs",
"score": 75.0,
"rationale": "Unit appears clean and well staged. Carpeting is intact but shows wear; tile in kitchen is serviceable. Kitchen and bath are described as vintage but photos show appliances (stove, refrigerator, microwave) present and cabinetry intact; no exposed subfloor or collapsed finishes visible. Minor cosmetic updates (paint, possible carpeting replacement, cabinet/fixture modernization) recommended. Missing central HVAC noted in listing but a wall AC unit is present; missing central HVAC reduces turnkey score slightly but is not an automatic fail."
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{
"key": "safety_code",
"label": "Section 8 / NSPIRE safety & code risk",
"score": 65.0,
"rationale": "No obvious electrical hazards, trip hazards, or active water stains/ceiling sag in photos. However smoke detectors and carbon monoxide detectors are not visible in any photos (required by NSPIRE/HUD local PHA rules), and bedroom egress window is not photographed so egress path cannot be confirmed. Entry door hardware (deadbolt) is not clearly shown. GFCI outlets in kitchen/bath are not visible in photos. These unknowns reduce the safety score; there are no visible life-threatening hazards in the images."
},
{
"key": "systems_mechanical",
"label": "Major systems & mechanical condition",
"score": 60.0,
"rationale": "Roof and building exterior appear maintained from aerial photos (roof looks intact and recently painted/coated). The unit lacks central HVAC (listing notes opportunity to add central HVAC); a wall/window AC unit is installed in the living room which likely provides cooling but central heating/ventilation system presence/function is unconfirmed. Water heater location and condition, electrical panel, and plumbing risers are not shown. Appliances in the kitchen are older but present. Because key systems (panel, water heater, HVAC distribution) are not documented, this category is scored conservatively."
},
{
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"label": "Exterior envelope and site condition",
"score": 75.0,
"rationale": "Exterior aerial photos show a maintained mid-century building, paved parking with recent striping, secured pool area, walkways in good condition, and generally cared-for landscaping. Some lawn brown patches are visible but not a safety issue. No obvious foundation movement, standing water, or major siding damage visible from drone images."
}
],
"red_flags": [
"No visible smoke detectors or CO detectors in photos (required for NSPIRE/HCV inspections).",
"Central HVAC not present — only a wall/window AC unit visible (some PHAs or local codes may require verified heating system).",
"Bedroom egress not documented in photos (egress window not shown) — potential fail if window does not meet egress requirements."
],
"confidence": 0.6,
"assumptions": [
"Wall-mounted/window AC unit shown is operational and provides cooling.",
"Hot water heater and electrical panel exist in the building/unit and are functional, though not pictured.",
"Kitchen appliances (stove, refrigerator) shown are present at move-in and functional or repairable with minimal work.",
"Smoke and CO detectors are not visible in photos; assume they may be missing or simply not shown by listing photography.",
"Bedroom egress meets local code but cannot be confirmed from provided photos; assume a standard bedroom window exists.",
"No visible mold, active leaks, or structural sagging exist beyond what is shown in photos.",
"No obvious peeling lead-based paint observed in images, but property built in 1961 so lead-paint disclosure and testing may be required by HUD/state/local rules."
],
"overall_score": 69.0,
"rubric_version": "2026-03-NSPIRE-v1"
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"summary": "Overall this first-floor 1BR unit appears in generally good cosmetic and site condition and would likely be rentable after minor repairs and documentation. However, the unit shows two likely NSPIRE inspection failures: absence of a visible smoke detector(s) and no clearly visible deadbolt on the entry door; GFCI protection in the kitchen is not confirmed. Those safety items must be addressed before a successful initial HCV inspection. Other issues (vintage kitchen, lack of central HVAC) are capital/upgrade items rather than immediate safety failures.",
"criteria": [
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"key": "condition_repairs",
"label": "Visible condition & repairs",
"score": 75.0,
"rationale": "Unit photos show generally clean, well-kept interior: intact drywall, fresh-looking paint, clean carpet, and furnished rooms. Kitchen and bath are described as 'vintage' and photos show an older electric range and older refrigerator; these are functional-looking but dated. No obvious stains, holes, or severe wear. Minor cosmetic updating (kitchen/bath, cabinetry, light fixtures) would improve marketability but are not mandatory for safety. Missing central HVAC is noted in listing but wall/window units are present and functioning in photos. Overall: minor-to-moderate cosmetic/finish updates recommended, not major rehab."
},
{
"key": "safety_code",
"label": "Section 8 / NSPIRE safety & code risk",
"score": 55.0,
"rationale": "Several NSPIRE safety items could not be confirmed and a couple of likely failures are visible: no smoke detector is visible in living areas/ceiling in any photo (absence of a visible smoke alarm is a likely inspection failure), and the exterior door does not show a visible deadbolt (entry deadbolt required by many HCV programs/NSPIRE checklist). Kitchen appears to have covered outlets, no exposed wiring is visible, and there are no signs of active water intrusion, ceiling collapse, or severe mold in pictures. Egress from living room appears adequate (large window and exterior door). GFCI protection for kitchen counter outlets is not visibly confirmed; if absent that would be a fail. Because smoke detectors and door security are likely non-compliant, safety score is reduced despite otherwise sound visible conditions."
},
{
"key": "systems_mechanical",
"label": "Major systems & mechanical condition",
"score": 60.0,
"rationale": "Visible mechanical evidence: functioning wall/window AC unit(s) visible in living room — cooling appears provided but listing notes 'opportunity to add central HVAC'. Electric range and fridge are present (older units) indicating basic appliances exist. No water heater, electrical panel, or HVAC mechanical room is shown — their condition is unknown. Roof and building envelope (seen in aerial shots) appear intact with no visible sagging or obvious leaks. Given unknown condition of water heater and electrical panel and lack of central HVAC, score is moderate: systems likely functional but not fully documented and some upgrades may be desired."
},
{
"key": "exterior_site",
"label": "Exterior envelope, site and common areas",
"score": 80.0,
"rationale": "Aerial photos show a tidy, well-maintained mid-century co-op property with a heated pool, maintained lawn, clear walkways, and intact exterior balconies/guardrails. Roof appears uniform and without visible large-scale failures or sag. Parking areas are paved and in good condition. Some palm debris on lawn is minor. No visible foundation cracking, standing water, or major exterior neglect. The building appears to benefit from community maintenance (co-op), which reduces risk for unit-level exterior failures."
}
],
"red_flags": [
"Missing or no visible smoke detector(s) in unit — likely NSPIRE fail",
"No visible deadbolt on entry door — potential security/code fail",
"GFCI protection in kitchen not confirmed (photos do not show required protection) — potential electrical fail"
],
"confidence": 0.7,
"assumptions": [
"No smoke detector was visible in any interior photo; assume none or not visible from provided angles and that none are hardwired.",
"Entry door does not show a deadbolt in photos; assume a deadbolt is absent or non-compliant unless provided by seller/management.",
"Kitchen appliances (electric range, refrigerator) are present and appear functional but are older; assume they operate unless seller notes otherwise.",
"No gas appliances are visible; assume carbon monoxide detector not required by local ordinance for this unit, but a CO alarm should be installed if there are fuel-burning appliances elsewhere in the unit or building.",
"Water heater, electrical panel, and GFCI protection locations were not photographed; assume typical mid-century updates may be required and their condition is unknown.",
"Building/co-op maintains exterior, roof and common systems (photos show maintained pool/grounds) which reduces likelihood of exterior structural issues at the unit level.",
"No visible mold, active leaks, or ceiling/floor collapse were observed in photos; assume none present unless further inspection reveals otherwise."
],
"overall_score": 67.0,
"rubric_version": "2026-03-NSPIRE-v1"
}
],
"model": "gpt-5-mini-2025-08-07",
"errors": [],
"address": "4836 NE 23rd Ave Apt 4, Fort Lauderdale, FL, 33308",
"aggregate": {
"summary": "Overall the unit appears to be in good, mostly cosmetic condition with vintage kitchen/bath and window/wall AC units instead of central HVAC. The building exterior and pool area look maintained. Primary inspection risks are missing/unclear smoke/CO detectors, unverified bedroom egress, and potential minor electrical issues related to the wall AC power routing. With quick verification/installation of detectors, a basic electrical check, and addressing any minor mechanical items uncovered on test, this unit is likely to pass an initial HCV/NSPIRE inspection after 1–4 weeks of prep.",
"criteria": [
{
"key": "condition_repairs",
"label": "Condition & Deferred Repairs",
"score": 75.0,
"rationale": "Interior photos show generally clean, intact finishes: carpets, painted walls and ceilings without visible large stains or holes. Kitchen and bath are described and pictured as 'vintage' but appear functional; refrigerator and cooktop are present. Minor cosmetic updating (cabinet hardware, countertops, tile grout, carpet edge trim) and likely replacement of some fixtures would improve marketability. Missing central HVAC is noted in listing but presence of window/wall units reduces immediate repair burden. No visible collapsed ceilings, major floor damage, or exposed subfloor in photos."
},
{
"key": "exterior_site",
"label": "Exterior & Site Condition",
"score": 78.3,
"rationale": "Aerial photos show a maintained mid‑century building, intact roof, paved parking lot, and a fenced pool area. Grounds and landscaping are generally maintained (some brown grass areas typical of seasonality). Walkways and vehicle access appear intact. No visible foundation movement or severe exterior deterioration from photos. Overall the exterior and common‑area site condition appears well cared for."
},
{
"key": "safety_code",
"label": "Safety & Code Compliance Risk",
"score": 61.7,
"rationale": "No obvious life‑threatening hazards in photos (no collapsed ceilings, no standing water, no major structural cracks). However, no smoke detectors or carbon monoxide alarms are visible in the photos; bedroom egress cannot be fully verified (bedroom window not shown). The wall/window AC unit shows a visible cord/conduit that could indicate a non‑permanent installation or extension-cord use—potential electrical code concern. Door hardware (deadbolt) and electrical panel not shown. GFCI presence in kitchen/bath is not visible. Overall moderate risk: likely fixable but will require quick verification/installation of detectors and minor electrical checks for inspection readiness."
},
{
"key": "systems_mechanical",
"label": "Mechanical / Major Systems",
"score": 60.0,
"rationale": "No central HVAC present (listing explicitly mentions opportunity to add central HVAC); cooling is provided by wall/window units visible in living area which may be acceptable but should be tested for capacity. Roof and building exterior (aerials) appear intact with no visible evidence of major roof failure. Water heater, HVAC mechanicals, electrical panel, and plumbing fixtures are not shown—their condition is unknown. Kitchen appliances are older but present. Given unknowns, assign a cautious moderate score: likely serviceable but needs inspection and possible mechanical servicing or upgrades."
}
],
"red_flags": [
"No visible smoke detectors or carbon monoxide alarms in photos — must be verified/installed prior to inspection.",
"No central HVAC (window/wall units only) — confirm adequate cooling/heating per local code and voucher program requirements.",
"Potential electrical concern: visible cord/conduit from wall/window AC unit that may indicate non‑permanent or extension‑cord use; verify safe wiring and outlet/GFCI compliance.",
"Rental history missing for last 5 years — no recent rental events to confirm tenant history/turnover."
],
"confidence": 0.94,
"assumptions": [
"No smoke detectors or CO alarms were visible in the provided interior photos; assume none are confirmed without further documentation.",
"Bedroom window/egress was not shown; assume bedroom has a code‑compliant egress window unless inspection or floorplan indicates otherwise.",
"Window/wall AC units are the primary cooling source; no central HVAC present as stated in listing.",
"Electrical panel, water heater, and main plumbing systems were not photographed; assume typical mid‑century functioning systems unless disclosure or inspection reveals issues.",
"Kitchen and bathroom plumbing fixtures and hot water are presumed operational but vintage and may need minor servicing.",
"Co‑op occupancy rules/approval process are not assessed here and may affect ability to house tenants with vouchers."
],
"score_method": "mean_of_criteria",
"overall_score": 68.5,
"rubric_version": "nsprite-2026-03-v1",
"confidence_method": "derived_from_run_agreement"
},
"property_id": "5604460594"
}
}
This dashboard combines underwriting, voucher payment standards, utilities, and local property signals in one workflow.