3970 NW 31st Terrace, Lauderdale Lakes, FL 33309

$990,000

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BEDS0 BATHS SQUARE FEET3,534 MLS#B26087278

STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONORIOLE ESTATES SEC 8

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Property Description

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!

3970 NW 31st Terrace | MLS# B26087278

This multi-family property located at 3970 NW 31st Terrace, Lauderdale Lakes, FL 33309 is currently listed for sale with an asking price of $990,000. Search Lauderdale Lakes real estate on mdilenge.realty100.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Electric

Heating: Central, Separate Meters

Lot Size: 0.20 Acres

Roof Type: Shingle

Stories: 1.0

Taxes: $18,353

Year Built: 1972

Amenities

Other

Feature Descriptions

Days on Site: 1

Exterior: Block

Flooring: Tile

Lot Dimensions: 8850

Parcel#: 494219152161

Pets Allowed: Yes, No Restrictions

Restrictions: No Restrictions

Sewer: Public Sewer

SQFT Living: 3534

Structure Type: Multi Family, Quadruplex

Units: 4

Utilities: Cable Available, Electricity Available, Water Available

Water: Public

Local Schools

High School: Boyd H. Anderson

Middle School: Lauderdale Lakes

Elementary School: Oriole

Listed By / Shown By

Listed By

Agency Name: Fidelity Real Estate Group LLC
Agency Phone: 954-345-9144

Shown By

Agent Name: Michael Dilenge
Agent Phone: Cell: (954) 592-4005
Agency Title: Realty 100

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Estimated Payment

$ 4,021.48 per month $2,203.31 Principal & Interest $1,529.42 Property Tax $288.75 Homeowner's Insurance

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3970 NW 31st Terrace, Lauderdale Lakes, FL 33309

$990,000

SAVE TOUR THIS HOME

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/14/2026. The listing information on this page last changed on 10/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 10/14/2026 12:19:08 AM EST) or Miami MLS (last updated Wed 10/14/2026 12:09:07 AM EST) or Stellar MLS (last updated Wed 10/14/2026 12:10:07 AM EST) or Beaches MLS (last updated Wed 10/14/2026 12:08:37 AM EST). Real estate listings held by brokerage firms other than Realty 100 may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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3970 NW 31st Terrace, Lauderdale Lakes, FL 33309

Property Description

3970 NW 31st Terrace | MLS# B26087278

Property Features

Amenities

Feature Descriptions

Local Schools

Listed By / Shown By

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3970 NW 31st Terrace, Lauderdale Lakes, FL 33309

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