5311 NW 16th St, Lauderhill, FL 33313
5311 NW 16th St, Lauderhill, FL 33313
5311 NW 16th St, Lauderhill, FL 33313
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Monica Brisson

Monica Brisson

+1(561) 235-2978
$699,900
Est. payment /mo
2,250 SqFt
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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

HOA Y/N No

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

Community Sunshine Villas

Area 3750

Direction Sunrise Blvd West to NW 56 Avenue. Go North on 56th Avenue to NW 15 Street. Make a right on NW 15th Street, the left on NW 55 Avenue. Make a right on NW 16 Street and the property will be on your left.

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Tax ID 494135210490

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Real Estate Owned

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Realty One Group Evolution

Schools and Properties Nearby

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Monica Brisson

Monica Brisson

+1(561) 235-2978

Broker Associate | License ID: 0645316

Broker Associate License ID: 0645316

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5311 NW 16th St