Multifamily in Fort Lauderdale, FL 33309
Villas At Lakeview, 5200 NW 31st Ave #121

$900K8.9%
$820,000
3,588
SqFt
Status
Sold - Nov 25, 2025
Size
3,588 SqFt (333 m2)
Price
$229/SqFt ($2,460/m2)
Type
Multifamily
Built
1987
HOA
$1,291/MO
MLS Number
F10524044
On Site
374 Days
Updated
22 Days ago
Page Views
0
Portfolio sale in Villas at Lakeview, Fort Lauderdale! . Includes 4 units (#6,121,157 & 183) in a well-maintained Gated community with recently replaced roofs, concrete work/paint and all assessments paid. Mix units features (2) 2 bed/2 bath, (1) 2 bed/2.5 bath townhome, and (1) 1 bed/1 bath. All units offer central A/C, in-unit washer/dryer, and tranquil lake views. Association fees are exceptionally low: just $334.50/month for the 2/2s, $369.50/month for the 2/2.5, and $252/month for the 1/1. low overhead, and rental income potential make this an outstanding investment opportunity. The community is well-kept, offering peace of mind and long-term value. A rare chance to acquire multiple units in one of Fort Lauderdale’s sought-after lakefront communities. NOI: $59,664.74 CAP - 6.6%

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony, OutdoorLivingArea
      Interior, Heating and Cooling
      • Heating Description: Central, Electric, SeparateMeters
      • Cooling Description: CentralAir,Electric
      Building and Construction
      • Floor Description: CeramicTile, Laminate, Vinyl
      • Windows/Treatment: Blinds
      • Year Built: 1987
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-09-02T12:58:58.000-00:00
        Taxes, Fees & More
        • Maintenance Includes: MaintenanceGrounds, Pools, Sewer, Water
        • Taxes: 14841
        • Security Information: GatedCommunity
        • Total Floors in Building: 2
        • Total Units in Building: 4
        • Total Units in Complex: 4

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        Price History

        Current
        $820K
        High
        $900K
        Low
        $820K
        Total Change
        -8.9%
        $910K$860K$810KSep 25Nov 25Nov 25
        Date
        Event
        Price
        Change
        Price Per
        11/25/2025
        Sold
        $820K
        0%
        $229 ft2
        $2,460 m2
        11/26/2025
        Price Reduced
        $820K
        -8.89%
        $229 ft2
        $2,460 m2
        09/02/2025
        Listed
        $900K
         
        $251 ft2
        $2,700 m2
        11/25/2025
        $820K
        Event
        Sold
        Change
        0%
        Price Per
        $229 ft2
        $2,460 m2
        11/26/2025
        $820K
        Event
        Price Reduced
        Change
        -8.89%
        Price Per
        $229 ft2
        $2,460 m2
        09/02/2025
        $900K
        Event
        Listed
        Price Per
        $251 ft2
        $2,700 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Carlos Caicedo • RE/MAX Direct • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Car-Dependent. Most errands require a car
        33

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        36

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        50

        100
        Community Snapshot
        1 – 2 BR
        Bedrooms
        $170K – $249K
        Price Tier
        702 - 3,588
        SqFt Range
        1987
        Year Build
        2
        Total Floors

        Subdivision Amenities

        Clubhouse
        Fitness Center
        Hobby Room
        Parking
        Playground
        Pool

        Fort Lauderdale
        Entry-Level
        Entry-Level Homes & Condos