Property Details
| Sold Price | $727,000 |
|---|---|
| Last Asking Price | $825,000 |
| Price per SqFt | $206 |
| Maintenance fee | Inquire |
| Property Taxes | $14,249 2025 |
| Interior Space | 3,534 SqFt |
| Beds/Baths | —/— |
| Year Built | 1972 |
| Closed Date | 5/15/2026 |
| MLS # | A11970170 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by Compass Florida, LLC
Sales History for This Home · 4001 NW 31st Ave
Sales history is unavailable for this property
Listed by Compass Florida, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Lauderdale Lakes and throughout South Florida.
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