Lauderdale Lakes Apartment Buildings for Sale
The best Lauderdale Lakes investment decision starts before you buy.
Live BeachesMLS listings matching this search in Lauderdale Lakes, Florida, updated throughout the day.
Apartment buildings of five units in Lauderdale Lakes come from Oriole Estates Section 8, where buildings from the early seventies each hold four two bedroom apartments and a studio. At five units the financing is commercial, so a lender underwrites the building on its income, and vacancy, expenses and the rents actually in place decide the loan. Ask for the rent roll, the leases, twelve months of expenses and the roof and plumbing history, confirm every unit is legal, and price the insurance before you offer on a Lauderdale Lakes building.
3 listings, newest first.
The 3 listings on this page run from $800,000 to $950,000, with a median of $895,000, about $244 per square foot, and they have been listed a median of 142 days.
$800,000
4020 NW 31st Terrace 1-5, Lauderdale Lakes FL 33309
Multifamily for sale · 3,534 sq ft · $226/sq ft · MLS# A12058411
Courtesy of EXP Realty LLC$895,000
4260 NW 31st Terrace, Lauderdale Lakes FL 33309
Multifamily for sale · 3,534 sq ft · $253/sq ft · MLS# A12031055
Courtesy of Truenest Property Management
$950,000
3980 NW 30th Terrace, Lauderdale Lakes FL 33309
Multifamily for sale · 3,892 sq ft · $244/sq ft · MLS# F10538425
Courtesy of Ace Realty & Investment
The Numbers on These Listings
Straight from the MLS, updated through the day. Income and capitalization rates are what the listing agent published, not audited figures: treat them as the start of underwriting, and ask for certified operating statements before you offer. No agent on this page has published operating income, which is normal for smaller buildings; ask BreakThru Realty and we will request the rent roll.
| Property | Price | Units | Per unit | Income | Cap rate | Taxes | HOA | Days on market |
|---|---|---|---|---|---|---|---|---|
| 4020 NW 31st Terrace 1-5 (reduced from $930,000) | $800,000 | 5 | $160,000 | — | — | $11,039 | — | 74 days |
| 4260 NW 31st Terrace | $895,000 | 5 | $179,000 | — | — | $17,678 | — | 142 days |
| 3980 NW 30th Terrace | $950,000 | 5 | $190,000 | — | — | $14,186 | — | 341 days |
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BreakThru Realty sends new income property matching this search as it comes on the market, and will underwrite any listing with you: the rents in place, the taxes as they reset on sale, insurance quoted today, and what comparable buildings actually traded for.
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Lauderdale Lakes housing market report · Lauderdale Lakes Rentals: Homes & Apartments for Rent