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3970 NW 31 Ter Terrace, Lauderdale Lakes, FL 33309 (MLS# R10690294)

3970 NW 31 Ter Terrace, Lauderdale Lakes, FL 33309

$600,000
Property Type: Residential Income Square Footage: 3,534 Status: Closed
Current Price: $600,000 List Date: 2/05/2021 Last Modified: 5/17/2026

Overview

Description

5 Plex. Fully rented 5 units with long term tenants. Updated in some units, newer AC, tiled floors in all units . Unit 5 is a large studio. Some units have potential for rent increase

Listing Details MLS# R10690294

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
3534
Building Area Source
Public Records
Living Area Main
3534
Year Built
1973
Gated Community YN
No
Lot Size Area
8850
Lot Size Acres
0.2
Lot Size Dimensions
X
Senior Community YN
No
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s); Deposit - Security Exterior Features: None Flooring: Tile; Other Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Books Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional; Other Possession: Negotiable Restrictions: Lease OK Roof: Other Storm Protection Details: None Tax Information: No Homestead Utilities: Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Occupied; Text Listing Agent; See Remarks Occupant Details: Tenant Occupied Unit 1 Appliances: Disposal; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Parking Space Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
655000

Location and Legal

County Or Parish
Broward
County Parish Name
Broward
Street Number
3970
Street Direction Prefix
NW
Street Name
31 Ter
Street Suffix
Terrace
City Name
Lauderdale Lakes
State Or Province
FL
Postal Code
33309
Postal Zip
33309
Subdivision Name
ORIOLE ESTATES SEC 8
Area
3550
Geographic Area
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Parcel Number
494219152161
Zoning
MULTI
Directions
Commercial East to 31, make right to 41 street, make right and first left. House on left

Financial Information

Tax Annual Amount
12621.4
Tax Year
2020
Tax Legal Description
ORIOLE ESTATES SEC 8 65-9 B PT OF TR A DESC AS S 75 OF N 255.71 OF W 118

Status Change Information

Major Change Timestamp
2021-08-24T00:52:36Z
Major Change Type
Status Change
Status Change Date
2021-08-23
Under Contract Date
2021-06-24
Close Date
2021-07-15
Close Price
600000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
10300
Gross Income
66000
Net Operating Income
60600

Showing Details

Pet(s) on Premises
Yes

Unit 1 Details

Actual Rent
1200
Baths Full
Yes
Furnished
Unfurnished
SqFt
800

Unit 2 Details

Actual Rent
1300
Baths Full
Yes
Furnished
Unfurnished
SqFt
800

Unit 3 Details

Actual Rent
1150
Baths Full
Yes
SqFt
0

Unit 4 Details

Actual Rent
1000
Baths Full
Yes
SqFt
800

Price Calculations

Current Price To SqFt
169.77
Original List Price To Close Price
1.09

Originating Details

Originating System Key
20210116172839170225000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Exterior Features

None
Yes

Flooring

Tile
Yes
Other
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Security
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Possession

Negotiable
Yes

Utilities

Water Available
Yes

View

Garden
Yes

Heating

Central
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Roof

Other
Yes

Water Source

Public
Yes

Source Of Expenses

Books
Yes

Cooling

Central Air
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Occupied
Yes
Text Listing Agent
Yes
See Remarks
Yes

Restrictions

Lease OK
Yes

Storm Protection Details

None
Yes

Tax Information

No Homestead
Yes

Occupant Details

Tenant Occupied
Yes

Contingencies

None
Yes

Unit 1 Appliances

Disposal
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 2 Rooms

Kitchen
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 4 Parking Features

Parking Space
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Ubar Realty Inc
IDX
Last Updated: May - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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