3980 NW 30th Terrace Lauderdale Lakes, FL 33309
MULTI_FAMILY - Lauderdale Lakes, FL
- Added:
- Nov 24, 2025
- Days on Market:
- 232
- Last Refresh:
- Jul 14 at 12:06 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 (954) 298-1875
Listing office Ace Realty & Investment 8551 W Sunrise Blvd. Ste 102, Plantation, FL (954) 473-2400
Listing date Nov 24, 2025
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.
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 |
