4001 NW 31st Ave, Lauderdale Lakes, FL 33309
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
4001 NW 31st Ave,Lauderdale Lakes, FL 33309
$727,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: nayda reyes
Office: compass florida, llc.305-315-2396
MLS#:A11970170
Source:SEFMLS
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Price summary
- Price:$727,000
About this home
Well-maintained 5-Unit Multifamily – 100% Occupied. Excellent opportunity to acquire a stabilized, income-producing asset with 100% occupancy and strong rental history. This well-maintained 5-plex offers stable cash flow with long-term tenants in place and upside potential in rents where below market. All units have their own electric meter. Property improvements include a new roof (2021), updated main electrical distribution panel (2024), updated subpanels, and upgraded PVC plumbing, and newly asphalted parking lot. Unit mix includes 3- 2/1 and 1-2/2 and 1 efficiency currently leased at $1,000/month. Additional opportunity for income: Laundry connections and assigned parking spaces. This is a solid, turnkey multifamily investment with value-add opportunities and strong fundamentals. ZONE RM-16 & TAX INCENTIVE OPPRTUNITY ZONE. 50 YEAR INSPECTION COMPLETED.
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Home facts
- Year built:1972
- Listing ID #:A11970170
- Updated:May 28, 2026 at 06:56 AM
Rooms and interior
- Flooring:Tile
Heating and cooling
- Cooling:Central Air, Zoned
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1972
- Architectural Style:Fourplex
- Construction Materials:Block
- Exterior Features:Fence, Patio
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$727,000
- Tax amount:$14,249 (2025)
Features and amenities
- Amenities:Impact Glass Windows
Parking
- Total parking spaces:8
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