Lauderdale Lakes, FL Real Estate For Sale

Broward County | Updated
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4040 NW 31st Ter, Lauderdale Lakes, Florida 33309, image 1
$975,000
  • 3,534 SqFt
  • $276/SqFt
Multifamily for sale
4040 NW 31st Ter, Lauderdale Lakes, FL 33309
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..
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Lauderdale Lakes, FL Snapshot
323
Active Inventory
14
New Listings
$95K to $2.9M
Price Tier
25
Pending Sales
$295K
Median Closed Price
71
Avg. Days On Market
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