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3970 Nw 31st Terrace

Lauderdale Lakes, FL 33309

MLS # B26087278· Active IDX

$990,000

Bathrooms: 0
Living area: 3,534 sq ft
Lot size: 0.2 acres
Year built: 1972
Type: Quadruplex
Days on market: 2

Request a showing (954) 703-4504 View on Google Maps

About this home

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!

Details

MLS #	B26087278
Status	Active
Subdivision	Oriole Estates Sec 8
County	Broward
ZIP	33309
Waterfront	No
Private pool	No
Construction	Block
Roof	Shingle
Flooring	Tile
Heating	Central, Separate Meters
Cooling	Electric
Exterior features	Other
Pets	Yes, No Restrictions
Water	Public
Sewer	Public Sewer
Utilities	Cable Available, Electricity Available, Water Available
Annual taxes	$18,353

Listing courtesy of Fidelity Real Estate Group LLC, Carlos A Montoya. Last updated Oct 12, 2026, 2:02 PM ET.

Request a showing

Mention MLS # B26087278 (3970 Nw 31st Terrace) and when you would like to visit. A licensed real-estate professional will contact you.

Licensed brokerage

Premier Real Estate Group Inc

Broker of record Maxim Bohadana, Florida broker license BK3314523

(954) 703-4504

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The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 12, 2026, 2:02 PM ET.