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MLS ID: A11970170
List Price: $ 825 000
Sold Price: $ 727 000 (-12%)
Status: Closed
List date: 02/22/2026
Closing Dt: 05/15/2026
Days on Market: 82
Sell $ 206 per SqFt
4001 NW 31st Ave, Lauderdale Lakes
#MLS: A11970170
$ 825 000
Listing date02/22/2026
CityLauderdale Lakes, FL 33309
Address4001 NW 31st Ave
Area3534 sqft
Tax/year$ 14 249
Built year1972

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.

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