
3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
Lauderdale Lakes, FL 33309 · ORIOLE ESTATES SEC 8,5 Units For Sale! Mo
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.
