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$990,000
1 Day On Site

3970 NW 31ST Terrace
Lauderdale 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: 1-561-540-8122
Is this the listing for you? We can help make it yours.
1-561-540-8122
3970 NW 31ST Terrace3970 NW 31ST Terrace3970 NW 31ST Terrace3970 NW 31ST Terrace
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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 
1 Day
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
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What's This?
Private
Recent Activity
yesterdayListing first seen on site
yesterdayListing 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

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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: 2026-10-13 09:16 PM UTC

Neighborhood & Commute
Source: Walkscore
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ALICE LONNQVIST

PHONE: 1-561-540-8122