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$3,400,000
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Property Description
Prime investment opportunity featuring 15 townhome units: 10 spacious 3BR/2.5BA and 5 well-appointed 2BR/1.5BA. All units are currently leased, with strong rental upside. Six units have been remodeled, and the remaining units offer value-add potential with approx. $15,000 in updates each to maximize income. Excellent location near the Hard Rock Casino with easy access to major highways. High-demand area ensures consistent occupancy and long-term growth.
Full Property Details
Full Property Details for 3901-3940 NW 76th Terrace
General
- Sold For: $3,400,000
- Taxes: $40,800 (2024)
- Status: Closed
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A11880473
- Added to Site: 179 day(s) ago
Business
- Business Type: Residential-Multi-Family
Rental Information
- Lease/Rent Term: 1 To 3 Year Lease
Interior
- Flooring: Ceramic Floor
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Total Spaces: 40
- Parking Features: Common, Free Parking, Guest
Location
- County: Broward County
- Building Name: Sterling Villas
- Driving Directions: From Florida’s Turnpike or I-95, take Griffin Rd west to 76th Terrace. Property is located at 3901-3940 NW 76th Terrace, just minutes from the Hard Rock Casino.
Community
- Units Assoc/Comm: 15
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: Central Electric, Central Individual A/C
Utilities
- Electric Available: Yes
- Sewer: Other
- Water: Public
Structural Information
- # Buildings: 3
- Detached/Attached: Detached
- Construction: Concrete Block Construction, Concrete Block With Brick
- Roof: Barrel Roof
- Stories/Levels: 2
- Building Size: 19173
- Current Bldg. Use: Income Non-Waterfront
- Year Built: 1973
Unit Information
- Units in Complex: 15
Lot Features
- Lot Size (Acres): 1.03
- Lot Size (Sq. Ft.): 45,190
- Frontage Feet: 45190
- Lot Features: City Location, Corner Unit, Corner Lot, Other Location
- Potential Use: Investment
- Zoning: RM-8
Financial Considerations
- Tax Amount: $40,800
- Tax Year: 2024
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Exterior Electric, Electricity, Sewer, Water, Water Treatment
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Contracts, Photos, Rent Rolls
- Legal Description: A J BENDLES SUB 1-27 D 3-51-41 TRACT 17 S1/2 LESS P/P/A STERLING VILLAS 157-24B AND LESS POR DESC AS:COMM NE COR NW 1/4 SEC 3, S 949.93, W 96,
- Inclusions: Building & Land, Leases, Equipment
- Property ID: 514103010230
Listed and Sold by Dezer Platinum Realty LLC
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Schools
Schools serving 3901-3940 NW 76th Terrace
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Pasadena Lakes Elementary School 8801 Pasadena Boulevard, Pembroke Pines, FL 33024 | K-5 | 1.6 mi |
Driftwood Middle School 2751 North 70th Terrace, Hollywood, FL 33024 | 6-8 | 1 mi |
Hollywood Hills High School 5400 Stirling Road, Hollywood, FL 33021 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3901-3940 NW 76th Terrace
Date
Details
Price
Change
Source
1/15/2026
Sold
$3,400,000
-2.86%
MLS
9/05/2025
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3901-3940 NW 76th Ter, Davie, FL 33024 (MLS# A11880473) is a Commercial Multi-Family property that was sold at $3,400,000 on January 15, 2026. Want to learn more about 3901-3940 NW 76th Ter? Do you have questions about finding other Commercial Multi-Family real estate for sale in Davie? You can browse all Davie real estate or contact a Coldwell Banker agent to request more information.

