MIAMI LUXHomes

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

About 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!

How This Listing Compares in Lauderdale Lakes

Per square foot, it is asking 126% above the Lauderdale Lakes median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

This homeLauderdale Lakes median (12 mo)
Price per sq. ft.$280$124
Days on market075

Medians from closed MLS sales in Lauderdale Lakes; a starting point, not an appraisal.

Home Features at 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

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

The Building at 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

Lot, Views & Construction at 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

Taxes & Public Record for 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 for 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.

Map & Neighborhood

3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309 · More homes in Lauderdale Lakes

Comparable Listings in Lauderdale Lakes

3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309 at a Glance

Offered for sale in Lauderdale Lakes 33309, 3970 NW 31ST Terrace is a multi-family home with 0 bathrooms, about 3,534 square feet of living space, dating to 1972. The asking price is $990,000, on the market since October 12, 2026, with Fidelity Real Estate Group LLC as the listing brokerage. Students here are assigned to Oriole, Lauderdale Lks and Boyd H Anderson. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.