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4040 NW 31st TER Lauderdale Lakes, FL 33309
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Key Details
Sold Price $910,000
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
Year Built 1972
Annual Tax Amount $18,566
Tax Year 2025
Lot Size 8,712 Sqft
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
Area 3550
Zoning RM-16
Interior
Heating Central
Cooling Central Air, Electric
Flooring Tile
Laundry Washer Hookup, Outside
Exterior
Exterior Feature Courtyard, Outdoor Living Area
Fence Back Yard, Fenced
Utilities Available Electricity Available, Water Available
Waterfront Description None
View Y/N Yes
View Garden
Roof Type Flat
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed Pet Fee, Pet Restrictions, Yes
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Bought with Zaid M Sahadat Beachfront Realty
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