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$990,000
9 Days On Site
3970 NW 31ST TerraceLauderdale Lakes, FL 33309
For Sale|Quadruplex|Active
0
Beds
0
Total Baths
3,534
SqFt
$280
/SqFt
1972
Built
Subdivision:
ORIOLE ESTATES SEC 8
County:
Broward
Call Now: 954-905-2665
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954-905-2665
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Excellent Investment Opportunity! Legal 5-Unit Multifamily Property Featuring Four Spacious 2-Bedroom, 1-Bath Apartments Plus One Studio. Currently Generating $6,700 Monthly With One Vacant Unit Offering Immediate Upside! Projected Income Of $8,400 Monthly Or $100,800 Annually! Annual Expenses: Taxes $18,000, Insurance Estimated $7,500, Water $3,756, Lawn $660. Total Approx. $29,916 Annually. Projected NOI $70,884 With A Potential 7.16 Cap! New Roof In 2023, Mostly Renovated Units With Updated Kitchens, Flooring And PVC Plumbing. Tenants Pay Their Own Electric! No HOA! Excellent Income-Producing Property With Strong Upside Potential!
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Listing Snapshot
Price
$990,000
Days On Site
9 Days
Bedrooms
N/A
Inside Area (SqFt)
3,534 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2 Acres
Year Built
1972
MLS Number
B26087278
Status
Active
Property Tax
$18,353.07
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Other
Friends & Family
Recent Activity
| a week ago | Listing first seen on site | |
| a week ago | Listing updated with changes from the MLS |
General Features
Acres
0.2
Number Of Stories
1
Parking Spaces
8
Pets
Yes
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
3534
Utilities
Cable AvailableElectricity AvailableWater Available
Water Source
Public
Zoning
RM-16
Interior Features
Cooling
Electric
Flooring
Tile
Heating
CentralSeparate Meters
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Exterior Features
Construction Details
Block
Exterior
Other
Roof
Shingle
Community Features
MLS Area
3550
Financing Terms Available
CashConventional1031 Exchange
Schools
School District
Unknown
Elementary School
Oriole
Middle School
Lauderdale Lakes
High School
Boyd H. Anderson
Listing courtesy of Fidelity Real Estate Group LLC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-10-22 12:59 AM UTC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-10-22 12:59 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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