4001 NW 31st Ave
Lauderdale Lakes, FL 33309
Closed
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.
Property Details
Essential
- StatusClosed
- Days On Site106
- Days To Sale82
- MLS#A11970170
- Property TypeResidential Income
- Property Sub TypeQuadruplex
- Number of Stories0.0
- Property Size3,534 sqft
- Lot SizeSquare Feet
- Tax Amount$14,249
- Tax Year2025
- HOANo
- Data SourceMiami Association of REALTORS®
- Latest Update06/06/2026
