55+ Lauderdale Lakes | Rare 3.5 Fixed Assumable Rate + Owner Financing | $40k Down Property Overview: 3001 NW 48th Ave #442, Lauderdale Lakes, FL 33313 (Cypress Chase) Asking Price: $109,000 | Down Payment Required: $40,000 to $42,500 cash Description: Skip high bank interest rates and complex condo mortgage rules. This top-floor 55+ residence in Cypress Chase offers an ultra-rare financing structure that keeps your total monthly housing cost roughly $1,100 to $1,125 per month—cheaper than renting almost anywhere in Broward County. The Financing Structure: Purchase Price: $109,000 Down Payment: $40,000 to $42,500 cash First Mortgage: Assume the existing $33,000 loan at an unbeatable 3.5 fixed interest rate (approx. $191/mo principal & interest)