Four-Unit Multifamily
For Sale
$895,000
4041 NW 30th Terrace, Lauderdale Lakes, FL 33309
Fully occupied fourplex with a flexible lease profile across four tenant-occupied units.
Property Size3,630 SF
Price / SF$246.56
Days on Market55
Property Features for 4041 NW 30th Terrace
General Information
Standard status
Active
Size
3,630 SF
Property subtype
Quadruplex
Occupancy
100%
Building Details
Building Size
3,630 SF
Year Built
1973
Tenancy
Multi
Listing Agency:
Truenest Property Management
(954) 594-8182
Listed By:
Ana Karina Binetti · License #3407116
(954) 594-8182
Source:
Pamandtoni
Added: Jun 11
Changed: Jul 31
Last Checked: Aug 3 at 11:14AM
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 Truenest Property Management
Investment Insights
Based on property information with market context.
This fourplex in Lauderdale Lakes contains four tenant-occupied units within approximately 3,630 square feet. One studio unit is leased month to month, while the remaining three units are covered by annual lease agreements. The property was built in 1973 and is described as well maintained, with all units in good condition.
Located at 4041 NW 30th Terrace, the property is currently fully occupied. Listing photographs are not recent and may not reflect the units’ current appearance. Showings are permitted only upon receipt of an executed offer, and occupants may not be disturbed or approached without authorization.
Located at 4041 NW 30th Terrace, the property is currently fully occupied. Listing photographs are not recent and may not reflect the units’ current appearance. Showings are permitted only upon receipt of an executed offer, and occupants may not be disturbed or approached without authorization.
Key Highlights
- Fourplex with 4 tenant‑occupied units
- Approximately 3,630 square feet
- One studio unit on a month‑to‑month lease
Financial Insights For Multifamily LT 5
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 | $91.5k | $25.20 |
| − Vacancy | −$5.0k | −$1.39 |
| EGI | $86.4k | $23.81 |
| − OpEx | −$25.9k | −$7.14 |
| NOI | $60.5k | $16.67 |
3,630 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$864.4K
$756.4K – $1.01M
NOI $60,511 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$797.5K
$697.8K – $930.5K
NOI $55,827 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,916 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied fourplex with a flexible lease profile across four tenant-occupied units.
Where is this quadplex located?
The property is located at 4041 NW 30th Terrace Lauderdale Lakes, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Fourplex with 4 tenant‑occupied units; Approximately 3,630 square feet; One studio unit on a month‑to‑month lease
