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3970 NW 31st Ter Lauderdale Lakes, FL 33309

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For Sale
$1,250,000

Five-unit multifamily property with immediate income and upside potential.

Type:Investment
Added:
Apr 24, 2026
Days on Market:
4
Last Refresh:
Apr 24 at 4:35 pm

Property Features for 3970 NW 31st Ter

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1973

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Listing Contact
Juan Carlos Angulo
Juan Carlos Angulo

Listing agent Juan Carlos Angulo License #0705193

Listing office Power One Real Estate Services, Inc.

Listing date Apr 24, 2026

Source Elliman

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 Power One Real Estate Services, Inc.


Overview

Lauderdale Lakes Multifamily Investment Property

This multifamily property in Lauderdale Lakes features five units, offering immediate income. There are four units with two bedrooms and one bathroom each, along with one efficiency unit. The property generates a monthly income of $9,100, totaling $109,200 annually. A new roof was installed in 2023. The property is occupied by stable, long-term tenants and experiences low vacancy. This presents an opportunity for investors seeking a strong cash flow from day one, with potential for increased returns. The location has a walk score of 63, indicating it is somewhat walkable, a bike score of 47, indicating it is somewhat bikeable, and a transit score of 35, indicating some transit options are available.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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  • Local Demand
City
Lauderdale Lakes
County
Broward
State
Florida
Longitude
-80.1879058
Latitude
26.1754563

FAQs

What type of property is this?
Apartment building - Five-unit multifamily property with immediate income and upside potential.
Where is this apartment building located?
The property is located at 3970 NW 31st Ter Lauderdale Lakes, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: High Cash Flow Investment: Immediate income‑generating multifamily property.; Strong Rental Income: $9,100 monthly ($109,200 annually).; New Roof (2023): Reduces immediate maintenance concerns.
More about this property
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