5311 NW 16th Street, Lauderhill, FL 33313

New Listing

$699,900

Property Type: Residential Income Square Footage: 2,250 Status: Active

Current Price: $699,900 List Date: 7/13/2026 Last Modified: 7/14/2026

Overview

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.

Listing Details MLS# A12053115

General Property Information

Number Of Units Total: 3
Property Sub Type: Triplex
Building Area Main: 2250
Living Area Main: 2250
Adjusted Area Main: 2250
Year Built: 1969
Parking Total: 6
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: None Flooring: Tile Property Condition: Resale Special Listing Conditions: Real Estate Owned Construction Materials: Block Cooling: Wall/Window Unit(s) Heating: Separate Meters; Window/Wall Listing Terms: Conventional Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Unit 1 Appliances: Range; Refrigerator Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 699900

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 5311
Street Direction Prefix: NW
Street Name: 16th
Street Suffix: Street
City Name: Lauderhill
State Or Province: FL
Postal Code: 33313
Postal Code +4: 5631
Postal Zip: 33313
Subdivision Name: SUNSHINE VILLAS
Area: 3750
Geographic Area: FTSL - Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850)
Elementary School: Plantation
Middle Or Junior School: Lauderhill 6-12
High School: Boyd H. Anderson
Parcel Number: 494135210490
Subdivision Number: 21
Zoning: RM-8
Flood Zone: X
Directions: 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.

Financial Information

Tax Annual Amount: 13803
Tax Year: 2017
Tax Legal Description: SUNSHINE VILLAS 66-49 B LOT 14 BLK 3
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-13T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-13

More Information

Income and Expenses

Gross Income: 5457

Unit 1 Details

Actual Rent: 1890
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 750

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 2167
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 750

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 1400
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 600

Unit 3 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 311.06

Section Details

Parcel Number MLX: 0490

Originating Details

Originating System Key: 530996189
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Real Estate Owned: Yes

Documents Available

None: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Separate Meters: Yes
Window/Wall: Yes

Construction Materials

Block: Yes

Listing Terms

Conventional: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Cooling

Wall/Window Unit(s): Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Parking Features

Parking Space: Yes

Listing Office: Realty One Group Evolution

Last Updated: July - 14 - 2026

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5311 NW 16th Street, Lauderhill, FL 33313 (MLS# A12053115)