$895,000list price
Per sq ft$253
0 ba · 3,534 sq ft 2 to 4 units
4260 NW 31ST TER, LAUDERDALE LAKES, FL 33309
Listing courtesy of Truenest Property Management. MLS# A12034627.On the MLS · Listed Jun 9
$990,000
3970 NW 31ST TER, LAUDERDALE LAKES, FL 33309
0 baths3,534 sq ft2 to 4 unitsBuilt 1972
Updated today, November 3, 2026This home against Lauderdale Lakes
$280 per sq ft, 113% over the Lauderdale Lakes median
23 days on the market
$18,353 in property taxes (2025)
8,712 sq ft lot
Lauderdale Lakes today: 314 homes for sale, median list price $115,000.
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!
Zoned schools
Elementary: Oriole Elementary School
Middle: Lauderdale Lakes Middle School
High: Boyd H. Anderson High School
From Broward County Public Schools attendance zones.
Listing courtesy of Fidelity Real Estate Group LLC. MLS# B26087278.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed October 11, 2026.
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