
3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
Lauderdale Lakes, FL 33309 · ORIOLE ESTATES SEC 8,5 Units For Sale! Mo
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 home | Lauderdale Lakes median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $280 | $124 |
| Days on market | 0 | 75 |
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.
