MIAMI PRIMECondos

3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

$990,000— Beds0 Baths3,534 Sq. Ft.$280 / sq. ft.

Lauderdale Lakes, FL 33309 · ORIOLE ESTATES SEC 8,5 Units For Sale! Mo

Status
Active
Type
Quadruplex
Year Built
1972
Days on Market
0
Lot Size
8,850 sqft
MLS #
B26087278
County
Broward County

Listing Remarks — 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

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!

Inside the Residence: 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

Flooring
Tile
Heating
Central
Cooling
Electric
Pool Private
No
Year Built Details
Resale

Building & Association Facts — 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

Building Area Total
3534
Building Area Units
Square Feet
Stories
1
Stories Total
1
Association
No
Association Fee
0
Pets Allowed
Yes

Site, Views & Construction — 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

Lot Features
Less Than 1/4 Acre Lot, Less Than 1 Acre
Lot Size Square Feet
8,850
Waterfront
No
View
No
Construction Materials
Concrete Block Construction
Roof
Comp Shingle Roof, Shingle
Exterior Features
Other
Sewer
Public Sewer, Public Sanitation, Sewer
Water Source
Public
New Construction
No

Tax & Parcel Record — 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

Parcel Number
494219152161
Tax Annual Amount
$18,353
Tax Year
2,025
Tax Legal Description
ORIOLE ESTATES SEC 8 65-9 B PT OF TR A DESC AS S 75 OF N 255.71 OF W 118
Zoning
RM-16
County Or Parish
Broward County

Assigned Schools — 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

Elementary School
Oriole
Middle School
Lauderdale Lks
High School
Boyd H Anderson

As reported by the listing agent; confirm with the school district before relying on it.

On the Map

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Quick Facts: 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

Listing summary: multi-family home for sale at 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309. It came to market on October 12, 2026 through Fidelity Real Estate Group LLC. Public schools here fall under Broward County Public Schools. The listing names Oriole, Lauderdale Lks and Boyd H Anderson as assigned schools. Layout: 0-bath, 3,534 sqft, in a structure dating to 1972.