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3970 NW 31st Ter 5 Unit Apartment Building $1,250,000 ($250,000/Unit) 8.98% Cap Rate Lauderdale Lakes, FL 33309
Investment Highlights
- Convenient access to Florida Turnpike and I-95
- Conveniently located near restaurants and grocery stores
- Located in a primarily residential, low-rise multi-family area
- Excellent investment opportunity with current tenants
Executive Summary
GREAT INVESTMENT OPPORTUNITY FOURPLEX 2/1 AND 1/1 EFFICIENCY.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$112,200
|
$35.21
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$22,800
|
$7.15
|
| Effective Gross Income |
$89,400
|
$28.05
|
| Taxes |
$17,000
|
$5.33
|
| Operating Expenses |
$4,044
|
$1.27
|
| Total Expenses |
$21,044
|
$6.60
|
| Net Operating Income |
$68,356
|
$21.45
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $112,200 |
| Annual Per SF | $35.21 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $22,800 |
| Annual Per SF | $7.15 |
| Effective Gross Income | |
|---|---|
| Annual | $89,400 |
| Annual Per SF | $28.05 |
| Taxes | |
|---|---|
| Annual | $17,000 |
| Annual Per SF | $5.33 |
| Operating Expenses | |
|---|---|
| Annual | $4,044 |
| Annual Per SF | $1.27 |
| Total Expenses | |
|---|---|
| Annual | $21,044 |
| Annual Per SF | $6.60 |
| Net Operating Income | |
|---|---|
| Annual | $68,356 |
| Annual Per SF | $21.45 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,000 | - |
| 1+1 | 1 | $1,350 | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 49-42-19-15-2161 | Total Assessment | $705,740 (2026) |
| Land Assessment | $26,550 (2026) | Annual Taxes | $17,000 ($5.33/SF) |
| Improvements Assessment | $631,150 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
49-42-19-15-2161
Land Assessment
$26,550 (2026)
Improvements Assessment
$631,150 (2026)
Total Assessment
$705,740 (2026)
Annual Taxes
$17,000 ($5.33/SF)
Tax Year
2025
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Presented by
Sync Brokerage, Inc.
3970 NW 31st Ter
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