5701 NW 15th Street, Lauderhill FL 33313

For sale Days on market 40

$650,000

$288/sq ft

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Overview

Year Built

1970

Sqft

2260

Property Type

Triplex

Property 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.

Property Details

MLS#

B26004393

Total Floor in Bldg

Address

5701 15th NW

City

Lauderhill

State/county

Zip/Postal Code

33313

Area

Fern Sub No One

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$13,971

Maint Fee

$--

Tax Year

2025

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