$975,000

4040 NW 31st Terrace, Lauderdale Lakes, FL 33309

  • 4 baths |
  • 3,534 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $276/sqft
  • Property List Date Icon Listed 1 month ago

Property 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..

Listing Status:
Active
Date Added:
February 17, 2026
Data Last Updated:
March 29, 2026 at 1:19PM
Listing Office:
Kingdom Living Properties, LLC : 561-715-1283
Listing Agent:
Suzanne Isaac-Melko : 561-577-5097
MLS ID:
R11164243
  • Laundry: Washer HookupOutside
  • Flooring: Tile
  • A/C: Central AirElectric
  • Heating: Central
  • Disability Feature: Accessibility FeaturesAccessible Entrance
  • General: CourtyardOutdoor Living Area
  • Parking: Parking spaces: 5
  • Roofing: Flat
  • Windows: Storm Window(s)
  • General: Block1
  • Originating MLS: BEACH_BEACH
  • County: Broward
  • Zoning: RM-16ORIOLE ESTATES SEC 8 65-9 B TR B S 75 OF N 375 OF W 118494219152179
  • View: GardenView
  • Fencing: Back YardFenced
  • Utilities: Electricity AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: BEACH_BEACH

This listing courtesy of Suzanne Isaac-Melko , Kingdom Living Properties, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Oriole Elementary School

3081 NW 39th St, Lauderdale Lakes, FL, 33309

Grades PK-5

0.23 miles away

L

Lauderdale Lakes Middle School

3911 NW 30th Ave, Lauderdale Lakes, FL, 33309

Grades 6-8

0.28 miles away

B

Boyd H. Anderson High School

3050 NW 41st St, Lauderdale Lakes, FL, 33309

Grades 9-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.