5701 NW 15th Street, Lauderhill, FL 33313, Lauderhill, FL 33313

5701 NW 15th Street, Lauderhill, FL 33313, , , 33313

$ 650,000
2,260 ft2

RM-8

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.

B26004393

MLSⓇ ID

27

Days On Market

1970

Property Year

Structure Type

Features and Amenities

Other Features
Has Cooling System
Has Heating System
None
NoPetRestrictions, Yes
Other
Tile

Property Map

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Disclaimer

Property ID - B26004393

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Data last updated 12:00 PM EST, 10/30/2025

Stella Martin

Broker

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