4001 NW 31st Ave, Lauderdale Lakes, FL 33309
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: nayda reyes
Office: compass florida, llc.
MLS#:A11970170
Source:SEFMLS
Price summary
- Price:$825,000
- Price per sq. ft.:$233.45
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:February 24, 2026 at 12:37 PM
Rooms and interior
- Living area:3,534 sq. ft.
Heating and cooling
- Cooling:Central Air, Zoned
Structure and exterior
- Roof:Shingle
- Year built:1972
- Building area:3,534 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$233.45
- Tax amount:$14,249 (2025)
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