Description

High cash flow investment in Lauderdale Lakes- Immediate Income
Multifamily property with 5 units:
– 4 units: 2 bedroom/1 bathroom
– 1 efficiency
Monthly income: $9,100 ($109,200 annually)

New roof 2023
Stable long-term tenants
Low vacancy

Great opportunity for investors seeking strong cash flow from day one with upside potential.

Address

Open on Google Maps

Address: 31st Ter
City: Lauderdale Lakes
State/county: Broward County
Zip/Postal Code: 33309
Area: ORIOLE ESTATES SEC 8

Details

Updated on March 19, 2026 at 2:28 am

Property ID A11946997
Price $1,250,000
Property Size 3534 Square Feet
Year Built 1973
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Attached
BuildingAreaTotal 8850
BuildingAreaUnits Square Feet
BuildingName ORIOLE ESTATES SEC 8
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-01-14
Cooling Electric
DaysOnMarket 63
DocumentsAvailable Financial Statement, Other Available Information, Rent Rolls
ExpirationDate 2026-07-17
Flooring Tile
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-815-7474
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Oriole Estates Sec 8
MajorChangeTimestamp January 16, 2026 at 04:56pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp March 18, 2026 at 08:57pm
NetOperatingIncome 112000
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 5
OnMarketDate 2026-01-14
OperatingExpense 21044
OriginalEntryTimestamp January 16, 2026 at 04:56pm
OriginalListPrice 1250000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 494219152161
ParkingTotal 8
PhotosChangeTimestamp March 16, 2026 at 08:31pm
PhotosCount 5
Possession Funding
PostalCodePlus4 4974
PriceChangeTimestamp January 16, 2026 at 04:15pm
PublicSurveyRange 42
PublicSurveySection 19
PublicSurveyTownship 42
RentIncludes Gardener, Trash Collection, Water
Roof Shingle
Sewer Public Sewer
ShowingInstructions Appointment Only, See Broker Remarks, Showing Assist
SourceSystemKey 425467331
StateOrProvince FL
StatusChangeTimestamp January 16, 2026 at 04:56pm
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 31st Ter
StreetNumber 3970
StreetNumberNumeric 3970
StructureType Quadruplex, Fourplex
SyndicationRemarks High cash flow investment in Lauderdale Lakes- Immediate Income Multifamily property with 5 units: - 4 units: 2 bedroom/1 bathroom - 1 efficiency Monthly income: $9, 100 ($109, 200 annually) New roof 2023 Stable long-term tenants Low vacancy Great opportunity for investors seeking strong cash flow from day one with upside potential.
TaxAnnualAmount 17000
TaxLegalDescription ORIOLE ESTATES SEC 8 65-9 B PT OF TR A DESC AS S 75 OF N 255.71 OF W 118
TaxYear 2024
TotalActualRent 9350
YearBuiltDetails Resale
Zoning RM-16