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3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
ActiveBeachesMLS
ActiveMLS® B26087278
$990,000

3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

Beds
—
Baths
0
Sqft
3,534
Est. payment$7,161/mo
Home type
Quadruplex
Year built
1972
Lot size
8,712 sqft
Price / sqft
$280
HOA
$0/mo
Community
ORIOLE ESTATES SEC 8

Property description

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 activity

Days on market
12
Listed
Oct 12, 2026
MLS listing updated
Oct 12, 2026
Feed last checked
2 minutes ago

Listed by Carlos A Montoya · Fidelity Real Estate Group LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Tile

Heating & cooling

Heating
Separate Meters, Central
Cooling
Electric
Property

Exterior

Stories
1
Building area
3,534 sqft
Exterior features
Other
Pool
No
Waterfront property
No

Lot

Lot size
8,712 sqft
Lot size (acres)
0.2 acres
Lot dimensions
8850
Zoning
RM-16
Construction

Type & style

Home type
Quadruplex
Structure type
Multi Family, Quadruplex
Year built
1972
New construction
No

Materials

Construction
Block
Roof
Shingle
Property condition
Resale
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Available, Water Available
Community & HOA

Community

Subdivision
ORIOLE ESTATES SEC 8
MLS area
3550
MLS subarea
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Pets allowed
Yes, No Restrictions
55+ community
No

Association

Has association
No
Association fee
$0
Estimated monthly dues
$0
Lease details

Rental information

Tenant pays
Electricity
Location

Area details

City
Lauderdale Lakes
County
Broward
ZIP code
33309
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26087278
Possession
Negotiable
Original list price
$990,000
Parcel number
494219152161
Annual property tax
$18,353.07
Tax year
2025
Assessed value
$705,740
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
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
3534
Construction Materials
Block
County Or Parish
Broward
Days On Market
12
Elementary School
Oriole
High School
Boyd H. Anderson
List Price
990000
Listing Contract Date
2026-10-12
Living Area
3534
Lot Size Acres
0.2
Lot Size Area
8850
Lot Size Dimensions
8850
MLSArea Major
3550
MLSArea Minor
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Middle Or Junior School
Lauderdale Lakes
Mls Status
Active
On Market Date
2026-10-12
Photos Count
27
Postal Code
33309
Property Sub Type
Quadruplex
Property Type
Residential Income
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-12T17:21:12Z
Stories Total
1
Subdivision Name
ORIOLE ESTATES SEC 8
Tax Assessed Value
705740
Water Source
Public
Tax Annual Amount
18353.07
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 12, 2026ListedBeachesMLS$990,000$280/sqft

Public tax history

YearProperty taxesAssessment
2025$18,353$705,740

Payment calculator

Estimated monthly payment$7,161/moIllustrative estimate, not a loan offer.
Principal & interest
$5,137
Property taxes
$1,529
Insurance
$495
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

ORIOLE ESTATES SEC 8

Lauderdale Lakes · Broward County · 33309

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

OrioleElementary
—
Lauderdale LakesMiddle
—
Boyd H. AndersonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
BeachesMLS

BeachesMLS · Listing courtesy of Fidelity Real Estate Group LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.

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