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3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309
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0 Days on Market
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How this price compares

List price
$990,000
Price per sq ft
$280
Original price
Unchanged
Days on market
N/A

This multi-family property in Oriole Estates Sec 8 is listed at $990,000, or $280 per square foot.

0
Bedrooms
0
Bathrooms
3,534
Living Sq Ft
1972
Year Built

Estimated monthly payment

$5,203 /mo

Principal and interest only, based on $198,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$990,000
Days on Site
0 Days
Bedrooms
0
Total Baths
0
Living Area
3,534 sqft
Total Sq Ft
3,534 sqft
Lot Size
0.2 Acres
Year Built
1972
Property Type
Multi-Family
MLS #
B26087278
Property Tax
$18,353 (2025)
Subdivision
ORIOLE ESTATES SEC 8
Development
5 Units For Sale! Money Maker!
County
Broward
Status
Active
Special Conditions
Standard / Listed As Is

About This Property

Excellent Investment Opportunity! Legal 5-Unit Multifamily Property Featuring Four Spacious 2-Bedroom, 1-Bath Apartments Plus One Studio. Currently Generating $6,700 Monthly With One Vacant Unit Offering Immediate Upside! Projected Income Of $8,400 Monthly Or $100,800 Annually! Annual Expenses: Taxes $18,000, Insurance Estimated $7,500, Water $3,756, Lawn $660. Total Approx. $29,916 Annually. Projected NOI $70,884 With A Potential 7.16 Cap! New Roof In 2023, Mostly Renovated Units With Updated Kitchens, Flooring And PVC Plumbing. Tenants Pay Their Own Electric! No HOA! Excellent Income-Producing Property With Strong Upside Potential!

MLS media link

General Features

Property Type
Multi-Family
Status
Active
Year Built
1972
Property Condition
Resale
Number of Stories
1
Lot Size (Acres)
0.2
Living Sq Ft
3,534
Total Sq Ft
3,534
Structure Type
Multi Family / Quadruplex
Sewer
Public Sewer
Water Source
Public
Zoning
RM-16

Interior Features

Cooling
Electric
Heating
Central / Separate Meters
Flooring
Tile

Exterior Features

Construction
Block
Roof
Shingle
Exterior Features
Other
Lot Features
Less Than Quarter Acre

Community & HOA

Utilities
Cable Available / Electricity Available / Water Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / Exchange1031
Restrictions
No Restrictions / Ok To Lease
MLS Area
3550

Schools

Elementary School
Oriole
Middle School
Lauderdale Lakes
High School
Boyd H. Anderson
Homes for Sale
8
Under Contract
3
Median List Price
$544,950
Median $/Sq Ft
$292
Avg Days on Market
72
View all 8 homes for sale in Oriole Estates →
How do I schedule a tour of 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309?
Use the Tour button on this listing to request a showing of 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309 still available?
3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309?
With 20% down ($198,000) on the $990,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309 is about $5,203/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309?
3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309 is zoned for Oriole (elementary), Lauderdale Lakes (middle), Boyd H. Anderson (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309?
Often, yes. The right offer on 3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309 depends on how it's priced against comparable multi-family sales in Lauderdale Lakes, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Fidelity Real Estate Group LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 13, 2026.

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Listed by Carlos A Montoya, Fidelity Real Estate Group LLC

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