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4040 NW 31st TER Lauderdale Lakes, FL 33309
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,534 sqft
Price per Sqft $257
Subdivision Oriole Estates Sec 8
MLS Listing ID R11164243
Sold Date 05/13/26
Style Fourplex
HOA Y/N No
Year Built 1972
Annual Tax Amount $18,566
Tax Year 2025
Contingent Other
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
Community Oriole Estates Sec 8
Area 3550
Direction Follow FL-870 E/W Commercial Blvd and NW 31st Ave to NW 31st Terrace in Lauderdale Lakes
Interior
Heating Central
Cooling Central Air, Electric
Flooring Tile
Window Features Impact Glass
Laundry Washer Hookup
Exterior
Exterior Feature Courtyard, Fence
Pool None
Utilities Available Electricity Available, Water Available
View Garden
Roof Type Flat,Tile
Handicap Access Accessible Entrance
Private Pool No
Building
Lot Description <1 Acre, < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Others
Pets Allowed No Pet Restrictions
Senior Community No
Restrictions No Restrictions
Tax ID 494219152179
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Pets Allowed No Pet Restrictions
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Bought with Beachfront Realty
NEARBY SCHOOLS & BUSINESSES
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