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$727,000
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Property Description
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.
Full Property Details
Full Property Details for 4001 NW 31st Ave
General
- Sold For: $727,000
- Taxes: $14,249 (2025)
- Status: Closed
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11970170
- Added to Site: 92 day(s) ago
Rental Information
- Rent Includes: Hot Water, Gardener, Sewer, Trash Collection, Water
Interior
- Flooring: Tile
Exterior
- Deck/Patio: Patio
Parking
- Total Spaces: 8
Location
- Area: Oriole Estates Sec 8
- County: Broward County
- Subdivision: ORIOLE ESTATES SEC 8
- Building Name: ORIOLE ESTATES SEC 8
Community
- Community Name: Oriole Estates Sec 8
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Zoned
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Windows: Partial Impact Glass
- Stories/Levels: 0
- Building Size: 3534
- Square Feet: 3,534
- Living Area: 3,534 Sq. Ft.
- Year Built: 1972
Unit Information
- Units in Complex: 4
Additional Structures
- Other Structures: Extra Building/Shed
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: RM-16
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $205.72
- Operating Expenses: $29,424
- Tax Amount: $14,249
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- Documents Avail.: Investment Analysis
- Legal Description: ORIOLE ESTATES SEC 8 65-9 B TRACT B E 118 LESS N 450
- Property ID: 494219152173
Listed by Compass Florida, LLC
Sold by Prime Realty Services
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Schools
Schools serving 4001 NW 31st Ave
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Oriole Elementary School 3081 Nw 39th St, Lauderdale Lakes, FL 33309 | PK-5 | 0.2 mi |
Lauderdale Lakes Middle School 3911 Northwest 30th Avenue, Lauderdale Lakes, FL 33309 | 6-8 | 0.3 mi |
Boyd H. Anderson High School 3050 Northwest 41st Street, Lauderdale Lakes, FL 33309 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4001 NW 31st Ave
Date
Details
Price
Change
Source
5/15/2026
Sold
$727,000
-11.88%
MLS
2/22/2026
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4001 NW 31st Ave, Lauderdale Lakes, FL 33309 (MLS# A11970170) is a Multi-Family property that was sold at $727,000 on May 15, 2026. Want to learn more about 4001 NW 31st Ave? Do you have questions about finding other Multi-Family real estate for sale in Lauderdale Lakes? You can browse all Lauderdale Lakes real estate or contact a Coldwell Banker agent to request more information.

