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!
Listing Provided Courtesy of Fidelity Real Estate Group LLC at 954-345-9144
Property Details
Price:
$990,000
MLS #:
B26087278
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
ORIOLE ESTATES SEC 8
Neighborhood:
3550
Listed Date:
Oct 12, 2026
Finished Sq Ft:
3,534
Total Sq Ft:
3,534
Lot Size:
385,506,000 sqft / 0.20 acres (approx)
Year Built:
1972
Units:
4
See this Listing
Schools
Elementary School:
Oriole
Middle School:
Lauderdale Lakes
High School:
Boyd H. Anderson
Interior
Cooling
Electric
Flooring
Tile
Heating
Separate Meters, Central
Exterior
Construction Materials
Block
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2025
Taxes
$18,353
Map
Community
- Address3970 NW 31ST Terrace Lauderdale Lakes FL
- SubdivisionORIOLE ESTATES SEC 8
- CityLauderdale Lakes
- CountyBroward
- Zip Code33309
Subdivisions in Lauderdale Lakes
- ALLAMANDA GARDENS
- Aloha Gardens Condo
- Bamboo Gardens Condo
- Bella Vista
- Bristol Court Condo
- Camellia Gardens Condo In
- CLOVER GARDENS CONDO
- Colonies Condo
- CYPRESS CHASE
- Cypress Chase 2
- CYPRESS CHASE 3
- CYPRESS CHASE 8
- Cypress Chase A
- CYPRESS CHASE CONDO
- Cypress Chase condo 3
- CYPRESS CHASE CONDO C
- CYPRESS CHASE CONDO NO 5
- CYPRESS CHASE CONDO NO 7
- CYPRESS CHASE CONDO NO. 5
- Cypress Chase Condo No1
- Cypress Chase Condo No5
- Cypress Chase North
- CYPRESS CHASE NORTH .COND
- Cypress Chase North 1 Con
- Cypress Chase North 3 Con
- Cypress Chase North 4 Con
- CYPRESS CHASE NORTH NO 2
- CYPRESS CHASE NORTH NO 2 CONDO
- CYPRESS CHASE NORTH NO 3
- Cypress Chase North No 4
- Cypress Chase South
- Diamond Building
- Diamond Condo
- Ed Homes At Bella Vista
- ELDERBERRY GARDENS CONDO
- EMERALD CONDO
- GARNET
- GARNET / Oakland Club
- Garnet Condo
- Geranium Gardens
- Geranium Gardens Condo
- Hawaian Gardens
- Hawaiian Garden
- Hawaiian Gardens
- Hawaiian Gardens -Petunia
- HAWAIIAN GARDENS GLADIOLA
- HAWAIIAN GARDENS IV
- Hawaiian Gardens Ph3
- Holly Gardens
- JASMINE
- JASMINE GARDENS CONDO INC
- JONQUIL GARDENS
- KAHLUA GARDENS CONDO
- Karissa Gardens Condo
- Lakeside
- Lakeside Condo At Lauderd
- Lauderdale Lakes East Gat
- Lauderdale Lakes East Gate
- Lauderdale Lakes Eastgate
- Lauderdale Lakes North Ga
- Lauderdale Lakes Northgat
- Lauderdale Lakes Northgate
- Lauderdale Lakes West Gat
- Lauderdale Lakes West Gate
- Lauderdale Oaks
- Lauderdale Oaks #11
- LAUDERDALE OAKS 15 COND
- LAUDERDALE OAKS CONDO
- Lauderdale Oaks Condo 1
- LAUDERDALE OAKS CONDO 4
- Lauderdale Oaks Condo II
- LAUDERDALE OAKS CONDO XIV
- Lauderdale Oaks Condo Xix
- LAUDERDALE OKAS
- Lotus Gardens
- Oakland Club / Diamond
- OAKLAND ESTATE
- OAKLAND ESTATES 1ST SEC
- Oakland Estates 1st Sec 6
- Oakland Estates 2nd Sec 6
- Oakland Estates 4th Sec 6
- OAKLAND ESTATES 5TH SEC
- Oakland Estates 7th Sec
- OAKLAND ESTATES 7TH SECTI
- Oakland Estates Sec Eight
- Oriole Estates
- ORIOLE ESTATES SEC 3
- Oriole Estates Sec 5 62-1
- Oriole Estates Sec 6 62-5
- Oriole Estates Sec 7 64-1
- Oriole Estates Sec 8 65-9
- PEARL
- Pearl Condo
- Petunia Gardens
- Poinciana Gardens
- Pompano Park 50-21 B
- Quince Gardens
- Royal Point
- Ruby Condo
- RUBY CONDO at Oakland Estates
- Saphire
- Sapphire – Oakland Est
- SAPPHIRE CONDO
- SOMERSET
- Somerset BLD E
- Somerset 1 Building A
- Somerset 1 Condo
- Somerset 2 Condo
- SOMERSET AT LAUD LAKES
- Somerset At Lauderdale
- SOMERSET AT LAUDERDALE LA
- Somerset Condo
- Somerset Condominiums
- Somerset Lakes
- Somerset Lakes Condo
- Somerset Lauderdale lakes
- SOMERSET NO 3 CONDO
- Somerset Seven Condo
- Summer lake
- SUMMER LAKE CONDO
- Summer Lake Condominium
- Summer Lakes Condo
- Sunflower Gardens
- SUNSET HILLS
- The Colonies Condo
- TOPAZ
- Topaz North
- Topaz North Condo
- TOPAZ SOUTH CONDO
- TOWN & COUNTRY CONDO PHAS
- Town Square Condo
- Umbra Gardens
- Umbra Gardens U
- Walnut Gardens
- Yucca Gardens
Market Summary
Current real estate data for Multi Family in Lauderdale Lakes as of Oct 18, 2026
1
Multi Family Listed
6
Avg DOM
280
Avg $ / SqFt
$990,000
Avg List Price
Property Summary
- Located in the ORIOLE ESTATES SEC 8 subdivision, 3970 NW 31ST Terrace Lauderdale Lakes FL is a Multi Family for sale in Lauderdale Lakes, FL, 33309. It is listed for $990,000 To schedule a showing of MLS#b26087278 at 3970 NW 31ST Terrace in Lauderdale Lakes, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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