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  • MLS#: R11164243 ( Residential Income )
  • Street Address: 4040 31st Terrace
  • Viewed: 18
  • Price: $975,000
  • Price sqft: $276
  • Waterfront: No
  • Year Built: 1972
  • Bldg sqft: 3534
  • Total Baths: 4
  • Days On Market: 33
  • Additional Information
  • Geolocation: 26 / -80
  • County: Broward
  • City: Lauderdale Lakes
  • Zipcode: 33309
  • Subdivision: Oriole Estates Sec 8
  • Provided by: Kingdom Living Properties, LLC
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  • Description
    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..
Property Features
Possible Terms
  1. Cash
  2. Conventional
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Electric
Exterior Features
  1. Courtyard
Fencing
  1. Back Yard
  2. Fenced
Flooring
  1. Tile
Heating
  1. Central
Legal Description
  1. ORIOLE ESTATES SEC 8 65-9 B TR B S 75 OF N 375 OF W 118
Parcel Number
  1. 494219152179
Pets Allowed
  1. Yes
  2. Pet Restrictions Possible
Property Type
  1. Residential Income
Roof
  1. Flat
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Tenant Pays
  1. Cable TV
  2. Electricity
Utilities
  1. Electricity Available
  2. Water Available
Views
  1. 18
Virtual Tour Url
  1. https://www.propertypanorama.com/4040-NW-31st-Terrace-Lauderdale-Lakes-FL-33309/unbranded
Water Source
  1. Public
Year Built
  1. 1972
Zoning Code
  1. RM-16