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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 (CAD) Annual Per SF (CAD)
Gross Rental Income $153,003 $48.01
Other Income - -
Vacancy Loss $31,091 $9.76
Effective Gross Income $121,911 $38.25
Taxes $23,182 $7.27
Operating Expenses $5,515 $1.73
Total Expenses $28,697 $9.00
Net Operating Income $93,214 $29.25

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $153,003
Annual Per SF $48.01
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $31,091
Annual Per SF $9.76
Effective Gross Income (CAD)
Annual $121,911
Annual Per SF $38.25
Taxes (CAD)
Annual $23,182
Annual Per SF $7.27
Operating Expenses (CAD)
Annual $5,515
Annual Per SF $1.73
Total Expenses (CAD)
Annual $28,697
Annual Per SF $9.00
Net Operating Income (CAD)
Annual $93,214
Annual Per SF $29.25

Property Facts

Price $1,704,575 CAD
Price Per Unit $340,915 CAD
Sale Type Investment
Cap Rate 8.98%
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 3,187 SF
Average Occupancy 100%
No. Stories 1
Year Built 1973
Parking Ratio 3.14/1,000 SF
Opportunity Zone Yes
Zoning RM-16 - Moderate-density residential development

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $2,727 CAD -
1+1 1 $1,841 CAD -
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
49-42-19-15-2161
Land Assessment
$36,205 CAD (2026)
Improvements Assessment
$860,674 CAD (2026)
Total Assessment
$962,389 CAD (2026)
Annual Taxes
$23,182 CAD ($7.27 CAD/SF)
Tax Year
2025
  • Listing ID: 39113488

  • Date on Market: 2026-01-16

  • Last Updated:

  • Address: 3970 NW 31st Ter, Lauderdale Lakes, FL 33309

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