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4-Unit Quadplex with Parking
For Sale
$699,000
Pending

1940 NE 31st Street, Lighthouse Point, FL 33064

The property offers on-site parking and has completed its 40-year inspection.

Property Size9,977 SF
Days on Market5166

Property Features for 1940 NE 31st Street

General Information

Standard status Pending
Size 9,977 SF
Property subtype General Commercial

Additional Details

Multifamily Units 7

Taxes and HOA fees

Annual Taxes $9,200

Amenities

3
10 Parking Spaces.

Building Details

Year Built 1964
Buildings 2
Listing Agency: RE/MAX In Motion Inc
Listed By: Paul Webb · License #0635623
Source: Xome
Added: Jul 9, 2012 Changed: Aug 30 Last Checked: Aug 30 at 1:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX In Motion Inc

Investment Insights

Based on property information with market context.

This 9,977-square-foot quadplex was built in 1964 and includes 10 parking spaces. The property has completed a 40-year inspection, providing a documented inspection milestone for evaluating the building. Its four-unit configuration supports multifamily ownership and rental operations.

Key Highlights

  • 4‑unit quadplex configuration
  • 9,977 square feet of property size
  • 10 parking spaces

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Food Market Catering Service Tanning Salon (Bike/Boat/Book/etc) Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,249
Businesses Nearby

Demographics for 33064, FL

62,429
Population
26,641
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
82%
High-School Grad
10.2 sq mi
ZIP Area
6,120
Density / Sq Mi
$66,269
Median Household Income
$35,090
Median Earnings
$1,689
Median Rent
$293,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - The property offers on-site parking and has completed its 40-year inspection.
Where is this quadplex located?
The property is located at 1940 NE 31st Street Lighthouse Point, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4‑unit quadplex configuration; 9,977 square feet of property size; 10 parking spaces
More about this property
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