4040 NW 31st Terrace, Lauderdale Lakes, FL 33309

Sold $910,000 · May 13, 2026

Last asking price $975,000 · 93.3% of asking · 60 days on market

Similar Homes for Sale Nearby

  • 4 baths
  • 3,534 sq ft
  • Quadruplex
  • Built 1972
  • Lot 8,712 sq ft
  • Broward County
  • MLS# R11164243
  • Oriole Estates Sec 8
FRONT EDIT NO CARS at 4040 NW 31st Terrace, Lauderdale LakesFRONT VIEW 4040 NW 31 TERR at 4040 NW 31st Terrace, Lauderdale LakesIMG_0158 at 4040 NW 31st Terrace, Lauderdale LakesFENCE MLS at 4040 NW 31st Terrace, Lauderdale LakesINTERIOR 5 MLS at 4040 NW 31st Terrace, Lauderdale LakesIMG_6200 at 4040 NW 31st Terrace, Lauderdale LakesINTERIOR 2 MLS at 4040 NW 31st Terrace, Lauderdale LakesINTERIOR 1 MLS at 4040 NW 31st Terrace, Lauderdale Lakes

About this home

Great investment opportunity! 5 Unit Building in the heart of Lauderdale Lakes, great location surrounded by single family and multifamily residences. Building consists of 4 units with 2 bedrooms one bath plus Studio/Efficiency with 1 bath. Property is in excellent condition & well maintained. This income-generating asset features recent renovations, ideal for investors seeking stable returns. In 2025, major improvements include installation of hurricane impact windows & doors, new meter cans, and upgrades to include freshly painted interior and exterior, porcelain tile throughout, modern kitchen with brand-new stainless-steel appliances, upgraded cabinets, and quartz-style countertops. Fully upgraded bathrooms with premium fixtures. Water Heater and AC units replace within 5 years. roof is in good condition with no leaks. Property features courtyard entrance to each unit, fully fenced yard. Hook ups for common laundry available in storage room in rear.Location has a strong tenant appeal in a growing rental market. Centrally located minutes from major highways, schools, shopping centers, and more..

Features

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Kingdom Living Properties, LLC · landinvestor411@gmail.com · Listing agent: Suzanne Isaac-Melko

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What is your home worth?

4040 NW 31st Terrace sold on May 13, 2026. If you own nearby, get a free home valuation or see homes for sale in Lauderdale Lakes. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 4040 NW 31st Terrace

What did 4040 NW 31st Terrace sell for?
4040 NW 31st Terrace sold for $910,000 on May 13, 2026, about 93.3% of its last asking price of $975,000 and about $257 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 4040 NW 31st Terrace?
The listing reported annual property taxes of $18,566 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 4040 NW 31st Terrace built?
4040 NW 31st Terrace was built in 1972 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 4040 NW 31st Terrace on the market?
4040 NW 31st Terrace was on the market for 60 days before it sold.
Is 4040 NW 31st Terrace still for sale?
No. 4040 NW 31st Terrace sold on May 13, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable home, 4001 NW 31st Avenue, Lauderdale Lakes, FL 33309, sold for $727,000 in May 2026. Other Lauderdale Lakes neighborhoods include Oakland Estates and Cassia Estates. Nearby ZIP codes include 33311 and 33319. This property also neighbors Lauderhill, Lazy Lake, and Wilton Manors. Compare it with the Lauderdale Lakes housing market report.