Lauderdale Lakes Multifamily
For Sale
Under Contract
$850,000
3910 NW 30th Terrace, Lauderdale Lakes, FL
MULTI_FAMILY - Lauderdale Lakes, FL
Property Size3,780 SF
Lot Size0.22 Acres
Price / SF$224.87
Days on Market96
Property Features for 3910 NW 30th Terrace
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-16
Parking
7
Subdivision
3550
Standard status
Active Under Contract
APN
494220000127
Size
3,780 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
20-49-42 BEG SW COR OF NW1/4,NLY 260, ELY 228,NLY 216.47 TO POB, CONT NLY 75,ELY 125,SLY 75, WLY 125 TO POB
Tax Annual Amount
17998
Legal Description
20-49-42 BEG SW COR OF NW1/4,NLY 260, ELY 228,NLY 216.47 TO POB, CONT NLY 75,ELY 125,SLY 75, WLY 125 TO POB
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1972
Floors in Building
1
Number of units
5
Building materials
Concrete Block - With Stucco
Roof type
Shingle
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Rina Baroz · License #3117712
(786) 253-0402
Added: May 1
Changed: Jul 21
Last Checked: Aug 4 at 10:06AM
MLS# B26022636
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property, located in Lauderdale Lakes, Florida, features five units and is currently fully rented. The property is situated on a 0.22-acre lot and has a building size of 3,780 square feet. The zoning is RM-16. This property presents a turnkey investment opportunity with immediate income.
Key Highlights
- Turnkey investment opportunity with immediate income.
- Fully rented 5‑unit multifamily property.
- Central heating and central air conditioning.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.7k | $29.28 |
| − Vacancy | −$5.0k | −$1.32 |
| EGI | $105.7k | $27.96 |
| − OpEx | −$47.6k | −$12.58 |
| NOI | $58.1k | $15.38 |
3,780 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$830.5K
$726.7K – $968.9K
NOI $58,134 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,243 @ 7.0% cap · market cap 15.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily property in Lauderdale Lakes, fully rented and generating income.
Where is this apartment building located?
The property is located at 3910 NW 30th Terrace Lauderdale Lakes, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Turnkey investment opportunity with immediate income.; Fully rented 5‑unit multifamily property.; Central heating and central air conditioning.
