$820,000
$900,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
5200 NW 31st AVE Fort Lauderdale, FL 33309
3,588 SqFt
Key Details
Sold Price $820,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,588 sqft
Price per Sqft $228
Subdivision Villas At Lakeview Condo
MLS Listing ID F10524044
Sold Date 11/25/25
Construction Status Resale
HOA Fees $1,291/mo
HOA Y/N Yes
Total Fin. Sqft 3588
Year Built 1987
Annual Tax Amount $14,841
Tax Year 2024
Contingent Inspection
Property Sub-Type Quadruplex
Property Description
Portfolio sale in Villas at Lakeview, Fort Lauderdale! . Includes 4 units (#6,121,157 & 183) in a well-maintained Gated community with recently replaced roofs, concrete work/paint and all assessments paid. Mix units features (2) 2 bed/2 bath, (1) 2 bed/2.5 bath townhome, and (1) 1 bed/1 bath. All units offer central A/C, in-unit washer/dryer, and tranquil lake views. Association fees are exceptionally low: just $334.50/month for the 2/2s, $369.50/month for the 2/2.5, and $252/month for the 1/1. low overhead, and rental income potential make this an outstanding investment opportunity. The community is well-kept, offering peace of mind and long-term value. A rare chance to acquire multiple units in one of Fort Lauderdale's sought-after lakefront communities. NOI: $59,664.74 CAP - 6.6%
Location
State FL
County Broward
Community Gated
Area 3540
Zoning RMM-25
Interior
Interior Features InteriorFeatures
Heating Central, Electric, Separate Meters
Cooling Central Air, Electric
Flooring Ceramic Tile, Laminate, Vinyl
Fireplace No
Window Features Blinds
Exterior
Exterior Feature Balcony, Outdoor Living Area
Community Features Gated
Utilities Available Cable Available
Waterfront Description Lake Front,None,Other
Water Access Desc Public
Roof Type Spanish Tile
Porch Porch, Balcony
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction No
Construction Status Resale
Others
HOA Fee Include Maintenance Grounds,Pool(s),Sewer,Water
Restrictions Other Restrictions
Tax ID 494217BA0980
Security Features Gated Community
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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