$990,000

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!

Current real estate data for Multi Family in Lauderdale Lakes as of Nov 03, 2026

Multi Family Listed

135

Avg DOM

287

Avg $ / SqFt

$995,000

Avg List Price

Listing Provided Courtesy of Fidelity Real Estate Group LLC at 954-345-9144

Property Details

Price:

$990,000

MLS #:

B26087278

Status:

Active

Beds:

Baths:

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:

Oriole Estates Sec 8OrioleLauderdale LakesBoyd H. AndersonPets Allowed

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

Net Operating Income

$70,884

Tax Year

2025

Taxes

$18,353

Map

Contact Us

Mortgage Calculator

Community

Address3970 NW 31ST Terrace Lauderdale Lakes FL
SubdivisionORIOLE ESTATES SEC 8
CityLauderdale Lakes
CountyBroward
Zip Code33309

Property Summary

9543362003

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Teresa Zolnowski

Realtor®

Phone 954 336-2003

terryzolnowski@aol.com

More About Terry

Courtesy of Fidelity Real Estate Group LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broward, Palm Beaches & St. Lucie Realtors®. Detailed information about real estate listings held by brokerage firms other than Trust House Realty include the name of the listing broker. Neither the listing company nor Trust House Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Broward, Palm Beaches & St. Lucie Realtors®. All rights reserved.

Rover IDX

3970 NW 31ST Terrace

Lauderdale Lakes, FL