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Five-Unit Multifamily Property

3980 NW 30th Terrace Lauderdale Lakes, FL 33309

3980 NW 30th Terrace, Lauderdale Lakes, FL, 33309
$950,000
For Sale
Claim this Listing
$950,000

MULTI_FAMILY - Lauderdale Lakes, FL

Property Size3,892 SF
Lot Size0.22 Acres
Price / SF$244.09
AddedNov 24, 2025
Days on Market232
Last RefreshJul 14 at 1:06 pm

Property Features for 3980 NW 30th Terrace

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-16
Parking
5
Parking features
Assigned
Fencing
Fenced
Standard status
Active
APN
494220000159
Size
3,892 SF
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
20-49-42 POR OF NW1/4 OF SEC 20 DESC AS FOL,COMM SW COR OF NW1/4,N 260, ELY 228,N 741.47 TO POB,CONT N 75,ELY 125,S 75,WLY 125 TO POB A/K/A
Tax Annual Amount
14186

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1973
Floors in Building
1
Number of units
5
Flooring type
Tile
Building materials
Block
Roof type
Composition, Shingle

Listing agent Donato J Paolillo License #472277

Listing office Ace Realty & Investment 8551 W Sunrise Blvd. Ste 102, Plantation, FL

Listing date Nov 24, 2025

MLS# F10538425

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 very well-maintained five-unit multifamily property includes four spacious 2-bedroom, 1-bath units and one efficiency unit. Interiors feature tile flooring throughout and have been freshly painted. Recent capital updates include a brand-new roof installed in 2024, five newer central A/C systems for the larger units, and a wall unit for the efficiency. The property also has a fully fenced yard that adds privacy and security.

The building is located at 3980 NW 30th Terrace in Lauderdale Lakes, Florida, within Broward County. The property is zoned RM-16 and sits on a 0.22-acre lot.

For investors or owner-operators seeking a small residential income asset, the unit mix provides several separate, self-contained living options within one property. The included upgrades—particularly the new roof and newer A/C systems—support easier ongoing operations, while the freshly finished interiors and fenced yard help maintain strong day-to-day curb appeal and tenant comfort.

Key Highlights

  • 5‑unit multifamily property built in 1973 with four 2‑bedroom, 1‑bath units plus one efficiency unit
  • Brand‑new roof installed in 2024
  • Five central A/C systems (four newer central A/C systems plus central A/C for the efficiency per remarks)

Local 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 $114.0k $29.28
− Vacancy −$5.1k −$1.32
EGI $108.8k $27.96
− OpEx −$49.0k −$12.58
NOI $59.9k $15.38
3,892 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$855.1K
$748.2K – $997.6K (±1% cap)
NOI $59,856 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M (±1% cap)
NOI $138,220 @ 7.0% cap · market cap 14.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Carpet & Flooring Store Electrical Service Locksmith Bakery (Bike/Boat/Book/etc) Store Catering Service Parking Lot & Garage Tanning Salon (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained five-unit building with four 2-bedroom units and one efficiency, updated roof and newer central A/C systems.
Where is this apartment building located?
The property is located at 3980 NW 30th Terrace Lauderdale Lakes, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 5‑unit multifamily property built in 1973 with four 2‑bedroom, 1‑bath units plus one efficiency unit; Brand‑new roof installed in 2024; Five central A/C systems (four newer central A/C systems plus central A/C for the efficiency per remarks)
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