209 Days on Market
Home for Sale
$1,100,000
3,345 sqft
4101 NW 30th Ter, Lauderdale Lakes, FL 33309
Other
3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
$990,000— Beds0 Baths3,534 Sq. Ft.$280 / sq. ft.
Lauderdale Lakes, FL 33309 · MLS# B26087278 · Active · 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
Description of 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!
Property Details for 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
- Flooring
- Tile
- Heating
- Central
- Cooling
- Electric
- Pool Private
- No
- Year Built Details
- Resale
Building Information for 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
Property Information for 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
Public Records for 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
- Parcel Number
- 494219152161
- Tax Annual Amount
- $18,353
- Tax Year
- 2025
- 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
Schools Near 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
- Elementary School
- Oriole
- Middle School
- Lauderdale Lks
- High School
- Boyd H Anderson
School assignments are provided by the listing and should be independently verified.
Payment Calculator
Estimated Payment
$7,030/mo
- Principal & Interest
- $5,006
- Property Taxes
- $1,529
- Home Insurance
- $495
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
Location
3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309 · See all Lauderdale Lakes homes for sale
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More information about 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
3970 NW 31ST Terrace is a multi-family home for sale in Lauderdale Lakes, FL 33309. This property was listed for sale on October 12, 2026 by Fidelity Real Estate Group LLC, it's currently listed at $990,000. This listing's school district is Broward County Public Schools. Nearby schools include Oriole, Lauderdale Lks and Boyd H Anderson. 3970 NW 31ST Terrace is a 0-bath, 3,534 sqft multi-family home built in 1972.