4020 NW 31st Terrace 1-5, Lauderdale Lakes, FL 33309 (MLS# A12058411)

4020 NW 31st Terrace 1-5, Lauderdale Lakes, FL 33309

New Listing
$930,000
Property Type: Commercial Sale Square Footage: 3,534 Status: Active
Current Price: $930,000 List Date: 8/18/2026 Last Modified: 8/19/2026

Overview

Description

Opportunity meets practicality in this established Lauderdale Lakes 5-unit multifamily property. Approximately 8,850 SF lot, this single-story building offers a versatile mix of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio—giving an investor multiple rental options under one roof. The property features approximately 3,534 SF of building area, central A/C, eight parking spaces including assigned resident parking and two guest spaces, plus a fenced shared courtyard/yard that gives residents a pleasant outdoor area. Tenants pay their own electricity, while the owner covers water and trash.4 out 5 units are currently occupied, providing an existing rental base while the remaining unit offers flexibility for an investor. Current rents are below market, creating an opportunity to increase income over time as units turn and rents are adjusted, subject to market conditions.Location is another benefit. The property is approximately 5 minutes to I-95 and 15 minutes t ...

Listing Details MLS# A12058411

General Property Information

Number Of Buildings
Yes
Property Sub Type
Multi Family
Number Of Units Total
5
Price Per Unit
190000
Occupant Type
Tenant
Building Area Main
3534
Year Built
1971
Parking Total
5
Lot Size Area
8850
Lot Size Acres
0.2
Stories Total
Yes

Property Features

Documents Available: Rent Rolls Flooring: Tile Location of Property: City Location Parking Features: Assigned; Guest Possession: Negotiable Property Condition: Resale Sale Includes: Building; Land; Leases Source Of Expenses: Owner Provided Tenant Pays: Electricity; Interior Electric Construction Materials: CBS Listing Terms: Cash; Conventional Road Frontage Type: City Street; None Sewer: Public Sewer Special Information: Presently Leased Water Source: Public

Contract Information

Comp Sale YN
No
Original List Price
930000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
4020
Street Direction Prefix
NW
Street Name
31st
Street Suffix
Terrace
Unit Number
1-5
City Name
Lauderdale Lakes
State Or Province
FL
Postal Code
33309
Postal Code +4
4942
Area
3550
Geographic Area
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Parcel Number
494219152169
Subdivision Number
15
Zoning
RM-16
Flood Zone
X

Financial Information

Tax Annual Amount
11039
Tax Year
2025
Tax Legal Description
ORIOLE ESTATES SEC 8 65-9 B TR B S 75 OF N 450 OF W 118

Status Change Information

Major Change Timestamp
2026-08-18T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-08-18

More Information

Meter Information

Number Of Meters Total
5

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Real Estate Taxes
11039
Occupancy Percentage
83

Description of Unit Type 1

Unit Type
2 Bedroom
Units Total
Yes
Furnished
No
Annual Rent
1400

Description of Unit Type 2

Unit Type
2 Bedroom
Units Total
2
Furnished
No
Annual Rent
1400

Description of Unit Type 3

Unit Type
2 Bedroom
Units Total
3
Furnished
No

Description of Unit Type 4

Unit Type
1 Bedroom
Units Total
4
Furnished
No
Annual Rent
1200

Description of Unit Type 5

Unit Type
Efficiency
Units Total
5
Furnished
No
Seasonal Rent
1000

Price Calculations

Current Price To SqFt
263.15

Section Details

Parcel Number MLX
2169

Originating Details

Originating System Key
534894962
Originating System ID
M00000151

Currently Not Used

Ownership Type
Sole Proprietor

Office/Member Information

DXORIGMLSID
SEF

Flooring

Tile
Yes

Parking Features

Assigned
Yes
Guest
Yes

Property Condition

Resale
Yes

Documents Available

Rent Rolls
Yes

Tenant Pays

Electricity
Yes
Interior Electric
Yes

Location of Property

City Location
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Special Information

Presently Leased
Yes

Sale Includes

Building
Yes
Land
Yes
Leases
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

City Street
Yes
None
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes
IDX
Listing Office: EXP Realty LLC
Last Updated: August - 19 - 2026
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