4040 31st Terrace, Lauderdale Lakes, FL 33309
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Priced at Only: $975,000
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Address: 4040 31st Terrace, Lauderdale Lakes, FL 33309
Property Location and Similar Properties
- MLS#: R11164243 ( Residential Income )
- Street Address: 4040 31st Terrace
- Viewed: 4
- Price: $975,000
- Price sqft: $276
- Waterfront: No
- Year Built: 1972
- Bldg sqft: 3534
- Total Baths: 4
- Days On Market: 11
- 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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DescriptionGreat 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..
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Building and Construction
- Fencing: Fenced
- Flooring: Tile
- Roof: Flat
Utilities
- Cooling: Central Air, Electric
- Heating: Central
- Utilities: Water Available
Amenities
- Association Amenities: None
Finance and Tax Information
- Tax Year: 2025
Rental Information
- Tenant Pays: Cable TV, Electricity, Sewer, Water
Other Features
- Legal Description: ORIOLE ESTATES SEC 8 65-9 B TR B S 75 OF N 375 OF W 118
- Parcel Number: 494219152179
- Zoning Code: RM-16
- The Dial Team
- Tropic Shores Realty
- Love Life
- Mobile: 561.201.4476
- dennisdialsells@gmail.com


