5311 NW 16th ST, Lauderhill, FL 33313
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5311 NW 16th ST, Lauderhill, FL 33313
5311 NW 16th ST, Lauderhill, FL 33313
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$ 699,900
Est. payment /mo
New

5311 NW 16th ST Lauderhill, FL 33313

2,250 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $311

Subdivision Sunshine Villas

MLS Listing ID A12053115

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 2250

Year Built 1969

Annual Tax Amount $13,803

Tax Year 2017

Property Sub-Type Triplex

Property Description

Excellent investment opportunity! This income-producing property features three separate units: two spacious 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom unit. The current rental income is significantly below market value because the tenants are family members, providing a strong opportunity to increase rents and maximize cash flow. Each unit includes two dedicated parking spaces, and washer/dryer hookups are conveniently located at the rear of the building. This property is an ideal addition for investors looking to grow their real estate portfolio and increase long-term returns.

Location

State FL

County Broward

Area 3750

Zoning RM-8

Interior

Interior Features InteriorFeatures

Heating Separate Meters, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile

Fireplace No

Exterior

Utilities Available Cable Available

Water Access Desc Public

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Construction Status Resale

Schools

Elementary Schools Plantation

Middle Schools Lauderhill 6-12

High Schools Boyd H. Anderson

Others

Tax ID 494135210490

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Real Estate Owned

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12053115


BeachesMLS, Inc. (FLR) IDX
Listed by Sergio Arcila Realty One Group Evolution

NEARBY SCHOOLS & PROPERTIES

Sofia Nina

Sofia Nina

Advisor | License ID: 3524728

+1(754) 277-0580

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5311 NW 16th ST