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4001 Nw 31st Ave, Lauderdale Lakes, FL 33309

$727,000
: 3,534
SqFt

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Sold Price: $727,000
List Price: $825,000
Closing Date: May 15, 2026
MLS: A11970170
Complex Name: Oriole Estates Sec 8
Status: CLOSED
Type: Multifamily
Living Area: 3,534

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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.

(954) 702-2757

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Additional Information

Days on Market: 39
Style: Quadruplex, Fourplex
#Parking Spaces: 8
Year Built: 1972
Development Name: Oriole Estates Sec 8
Construction Type: CBS Construction
Section: 19