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Multifamily in Lauderdale Lakes, FL 33309Oriole Estates, 3970 NW 31st Ter
New - 1 day 22 hrs ago
Beds
3,534
SqFt$280
$/SqFtEntry-Level Multifamily
Built in 1972
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!
MLS Number: B26087278
On Site: 2 Days
Updated: 1 Days ago
Page Views: 0
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Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Other
Interior, Heating and Cooling
- Heating Description: Central, SeparateMeters
- Cooling Description: Electric
Building and Construction
- Floor Description: Tile
- Construction Type: MultiFamily, Quadruplex
- Year Built: 1972
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: Oriole
- Middle School: Lauderdale Lakes
- Senior High School: Boyd H. Anderson
Other Property Info
- Listing Date: 2026-10-12T13:21:12.000-00:00
- Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
- Taxes: 18353.07
- Real Estate Taxes: 705740
- Total Floors in Building: 1
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
10/12/2026
Listed
$990K
$280 ft2
$3,015 m2
10/12/2026
$990K
Event
Listed
Price Per
$280 ft2
$3,015 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
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Community Snapshot
2 – 5 BR
Bedrooms
$195K – $1.1M
Price Tier
783 - 3,892
SqFt Range
1968
Year Build
1
Total Floors
Subdivision Amenities
None
Sidewalks
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