4040 NW 31st TER, Lauderdale Lakes, FL 33309
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4040 NW 31st TER, Lauderdale Lakes, FL 33309
4040 NW 31st TER, Lauderdale Lakes, FL 33309
4040 NW 31st TER, Lauderdale Lakes, FL 33309
4040 NW 31st TER, Lauderdale Lakes, FL 33309
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$ 975,000
Est. payment /mo
Active

4040 NW 31st TER Lauderdale Lakes, FL 33309

4 Baths

3,534 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,534 sqft

Price per Sqft $275

Subdivision Oriole Estates Sec 8

MLS Listing ID R11164243

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 3534

Year Built 1972

Annual Tax Amount $18,566

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Quadruplex

Property Description

Great investment opportunity! 5 Unit Building in the heart of Lauderdale Lakes, great location surrounded by single family and multifamily residences. Building consists of 4 units with 2 bedrooms one bath plus Studio/Efficiency with 1 bath. Property is in excellent condition & well maintained. This income-generating asset features recent renovations, ideal for investors seeking stable returns. In 2025, major improvements include installation of hurricane impact windows & doors, new meter cans, and upgrades to include freshly painted interior and exterior, porcelain tile throughout, modern kitchen with brand-new stainless-steel appliances, upgraded cabinets, and quartz-style countertops. Fully upgraded bathrooms with premium fixtures. Water Heater and AC units replace within 5 years. roof is in good condition with no leaks. Property features courtyard entrance to each unit, fully fenced yard. Hook ups for common laundry available in storage room in rear.Location has a strong tenant appeal in a growing rental market. Centrally located minutes from major highways, schools, shopping centers, and more..

Location

State FL

County Broward

Area 3550

Zoning RM-16

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air, Electric

Flooring Tile

Fireplace No

Window Features Storm Window(s)

Laundry Washer Hookup, Outside

Exterior

Exterior Feature Courtyard, Outdoor Living Area

Fence Back Yard, Fenced

Utilities Available Electricity Available, Water Available

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View Garden

Roof Type Flat

Accessibility Accessibility Features, Accessible Entrance

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

New Construction No

Construction Status Resale

Others

Senior Community No

Restrictions No Restrictions

Tax ID 494219152179

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed Pet Fee, Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/4040-NW-31st-Terrace-Lauderdale-Lakes-FL-33309/unbranded


BeachesMLS, Inc. (FLR) IDX
Listed by Suzanne Isaac-Melko Kingdom Living Properties, LLC

NEARBY SCHOOLS & PROPERTIES

Alex Miranda

Alex Miranda

Licensed Realtor | COMP3203583

+1(305) 712-6522

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4040 NW 31st TER