
$650,000 USD
Apartment for Sale, 5701 NW 15th Street, Lauderhill, Florida 33313
- MLS#B26004393
- Home/Lot size
210 m² (2,260 ft²)
Listed By Bank On It Realty
The Apartment for Sale located at 5701 NW 15th Street, Lauderhill, Florida 33313 is currently for sale. 5701 NW 15th Street, Lauderhill, Florida 33313 is listed for $650,000.
Property features
Property
- Property size:
210 m² (2,260 ft²) - Location: Subdivision
Lot/Land
- Land/Lot size:
647 m² (6,969.6 ft²)
Construction
- Year built: 1970
- Roofing: Shingle
- Construction: Cbs Construction
Interior Features
- Floors: Tile
Utilities
- Other utilities: PublicPublic Sewer
Description
Turnkey triplex investment in Lauderhill offering immediate cash flow and strong rental demand. Fully occupied 3-unit property featuring (2) 2BR/1BA and (1) 1BR/1BA units (~753 SF avg). Recent upgrades include roof, electrical, plumbing, and impact windows—minimizing near-term capital expenses. Individually metered units provide efficient, low-cost operations. Current rents ~$1,500 (1BR) and $1,600-$1,700 (2BR) with market rents up to ~$1,700 and $2,000, offering ~18%+ upside. Owner occupies one 2BR unit to be delivered vacant—ideal for FHA or cash buyers. Priced at $650,000 with ~6.08% cap rate and ~$39,492 NOI, this is a strong value-add opportunity in a stable Broward County submarket.
Location
5701 NW 15th Street, Lauderhill, Florida 33313