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MLS ID: R11164243
List Price: $ 975 000
Sold Price: $ 910 000 (-7%)
Status: Closed
List date: 02/16/2026
Closing Dt: 05/13/2026
Days on Market: 86
Sell $ 257 per SqFt
4040 NW 31st, Lauderdale Lakes
#MLS: R11164243
$ 975 000
Listing date02/16/2026
CityLauderdale Lakes, FL 33309
Address4040 NW 31st
Area3534 sqft
Tax/year$ 18 566
Built year1972

Great investment opportunity! 5 Unit Building in the heart of Lauderdale Lakes, great location surrounded by single family and multifamily residences. Building consists of 4 units with 2 bedrooms one bath plus Studio/Efficiency with 1 bath. Property is in excellent condition & well maintained. This income-generating asset features recent renovations, ideal for investors seeking stable returns. In 2025, major improvements include installation of hurricane impact windows & doors, new meter cans, and upgrades to include freshly painted interior and exterior, porcelain tile throughout, modern kitchen with brand-new stainless-steel appliances, upgraded cabinets, and quartz-style countertops. Fully upgraded bathrooms with premium fixtures. Water Heater and AC units replace within 5 years. roof is in good condition with no leaks. Property features courtyard entrance to each unit, fully fenced yard. Hook ups for common laundry available in storage room in rear.Location has a strong tenant appeal in a growing rental market. Centrally located minutes from major highways, schools, shopping centers, and more..

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