3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
7|Townhouse
NZD $1,784,266
USD $990,000
Published on: 13 Oct 2026
Last updated on: 01 Nov 2026
Property ID: 110120509576
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Residential Income, Lauderdale Lakes, FL
3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
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!
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Townhouse
Listing Status
Active
Land Size
809.37 m2
Building Size
328.32 m2
Year Built
1972
Rooms
7 bedroom(s)
Num Floors
1
County
Broward
Parcel ID
494219152161
Provider
BeachesMLS
Subdivision
ORIOLE ESTATES SEC 8
Brokerage Office Name
Fidelity Real Estate Group
Brokerage Office Phone
(954) 345-9144
Neighbourhoods
ORIOLE ESTATES SEC 8
Address
3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | Boyd H. Anderson | Not available |
| Elementary | Oriole | Not available |
| Middle | Lauderdale Lakes | Not available |
| Juniorhigh | Lauderdale Lakes | Not available |
Tax History
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $18353 | NZD $33,077* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Contact Agent
Carlos A Montoya
Fidelity Real Estate Group LLC
10100 W Sample Road Ste.401 , Coral Springs, FL 33065
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Carlos A Montoya
10100 W Sample Road Ste.401 , Coral Springs, FL 33065
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Property ID: 110120509576
Original Property ID: 3yd-RMLSFL-B26087278Data provided by BeachesMLS, MLS #: B26087278
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