$910,000
Sold · May 13, 2026
4040 NW 31st Terrace
Explore the area: Lauderdale Lakes homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $910,000
- Vs. list price
- 6.7% under
- Days on market
- 60
- Price per sq ft
- $257
This multi-family property in Oriole Estates Sec 8 sold for $910,000 on May 13, 2026. That was 6.7% below its final list price of $975,000. It spent 60 days on the market.
Listing Snapshot
- Sold Price
- $910,000
- Sold On
- May 13, 2026
- Days on Site
- 60 Days
- Bedrooms
- 0
- Total Baths
- 4
- Living Area
- 3,534 sqft
- Total Sq Ft
- 3,534 sqft
- Lot Size
- 0.2 Acres
- Year Built
- 1972
- Property Type
- Multi-Family
- MLS #
- R11164243
- Property Tax
- $18,566 (2025)
- Subdivision
- ORIOLE ESTATES SEC 8
- County
- Broward
- Status
- Sold
About This Property
Great investment opportunity! 5 Unit Building in the heart of Lauderdale Lakes, great location surrounded by single family and multifamily residences. Building consists of 4 units with 2 bedrooms one bath plus Studio/Efficiency with 1 bath. Property is in excellent condition & well maintained. This income-generating asset features recent renovations, ideal for investors seeking stable returns. In 2025, major improvements include installation of hurricane impact windows & doors, new meter cans, and upgrades to include freshly painted interior and exterior, porcelain tile throughout, modern kitchen with brand-new stainless-steel appliances, upgraded cabinets, and quartz-style countertops. Fully upgraded bathrooms with premium fixtures. Water Heater and AC units replace within 5 years. roof is in good condition with no leaks. Property features courtyard entrance to each unit, fully fenced yard. Hook ups for common laundry available in storage room in rear.Location has a strong tenant appeal in a growing rental market. Centrally located minutes from major highways, schools, shopping centers, and more..
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Sold
- Year Built
- 1972
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Lot Size (Acres)
- 0.2
- Living Sq Ft
- 3,534
- Total Sq Ft
- 3,534
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RM-16
Interior Features
- Cooling
- Central Air / Electric
- Heating
- Central
- Flooring
- Tile
- Laundry
- Washer Hookup / Outside
- Windows
- Storm Windows
Exterior Features
- Construction
- Block
- Roof
- Flat
- Exterior Features
- Courtyard / Outdoor Living Area / Uncovered Courtyard
- Lot Features
- Less Than Quarter Acre
- Waterfront Features
- None
- View
- Garden
Community & HOA
- Utilities
- Electricity Available / Water Available
- Pets Allowed
- Pet Fee / Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 3550
About the Community
- Homes for Sale
- 8
- Under Contract
- 3
- Median List Price
- $544,950
- Median $/Sq Ft
- $292
- Avg Days on Market
- 72
Frequently Asked Questions
- How do I schedule a tour of 4040 NW 31st Terrace, Lauderdale Lakes, FL 33309?
- Use the Tour button on this listing to request a showing of 4040 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 4040 NW 31st Terrace, Lauderdale Lakes, FL 33309 still available?
- 4040 NW 31st Terrace, Lauderdale Lakes, FL 33309 is currently listed as Sold, and has been on the market 60 days. 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 4040 NW 31st Terrace, Lauderdale Lakes, FL 33309?
- With 20% down ($195,000) on the $975,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4040 NW 31st Terrace, Lauderdale Lakes, FL 33309 is about $5,124/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 4040 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 4040 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.
- Can I negotiate the price of 4040 NW 31st Terrace, Lauderdale Lakes, FL 33309?
- Often, yes. The right offer on 4040 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 Kingdom Living Properties, 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 July 1, 2026.
$910,000
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Listed by Suzanne Isaac-Melko, Kingdom Living Properties, LLC
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Recent Sales
Recently sold homes in Oriole Estates Sec 8
These are the last 6 recorded closings in Oriole Estates Sec 8, with the price each home actually sold for rather than what it was listed at. They closed at a median of $254 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$480,000
Sold · October 2, 2026
3515 NW 40th Street
3 bed · 2 bath · 1,763 sqft · $272/sqft
$15,000 under the asking price
Sold$426,000
Sold · August 11, 2026
3941 NW 36th Terrace
4 bed · 2.5 bath · 1,795 sqft · $237/sqft
$26,100 over the asking price
Sold$727,000
Sold · May 15, 2026
4001 NW 31st Avenue
0 bed · 0 bath · 3,534 sqft · $206/sqft
$98,000 under the asking price
Sold$429,900
Sold · May 14, 2026
3601 NW 40th Street
3 bed · 2 bath · 1,528 sqft · $281/sqft
Sold$450,000
Sold · December 23, 2025
3931 NW 32nd Avenue
3 bed · 2 bath · 1,795 sqft · $251/sqft
$20,000 under the asking price
Sold$469,000
Sold · October 9, 2025
3226 NW 41st Street
4 bed · 2 bath · 1,846 sqft · $254/sqft
See every recorded sale in Oriole Estates Sec 8 or find out what your Oriole Estates Sec 8 home is worth.
