Fort Lauderdale Luxury & Waterfront Homes

5311 NW 16th St

Lauderhill, FL 33313

MLS#: A12053115

$699,900

Status: Active
Listing number: A12053115
Listing provided by: Realty One Group Evolution
Listing agent phone: None
Last update: 2 days ago
New on site 3 days ago
Browse Properties
SUNSHINE VILLAS - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1969

Sq.Footage

2,250

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $699,900

  • Tax Amount

    $13,803

  • Zoning

    RM-8

  • Sq. Footage

    2,250

  • Price/SqFt

    $311

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Broward

Elementary School

Middle School

High School

Listing Courtesy of Sergio Arcila , Realty One Group Evolution

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Agent Jarrod Gaylis

Realtor

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(305) 790-0199

jgaylis@perfectpropertiesfl.com


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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.

5311 NW 16th St

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