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5200 NW 16th St, Lauderhill FL 33313

Multi-family For Sale
$709,500

BTC: 8.32746479

ETH: 267.73584906

-$90K (2026/09/28)
145 days
0 room(s)
2,399 sqft

Overview

COMPLETELY UPDATED. LONG TERM TENANTS. EXCEPTIONAL INVESTMENT CORNER PROPERTY WELL MAINTAINED TRIPLEX OF 6 BEDROOMS & 4 BATHS OFFERING STRONG, CONSISTENT RENTAL INCOME, THE FIRST UNIT IS A 2/1 AND SECOND ONE IS A 2/1 THIRD UNIT IS A 2/2 HAS PRIVATE ENTRANCE AND SEPARATE PARKING SPACE. PROPERTY IS TENANTS OCCUPIED WITH ANNUAL LEASE. PROPERTY HAS IMPACT WINDOWS, CENTRAL AC, TILE FLOOR, FRESHLY PAINTED, AND ALSO HAS BIG YARD WITH MANGO AVOCADO AND ACKEE TREES. IDEALLY LOCATED CLOSE TO SHOPPING CENTERS, PUBLIC TRANSPORTATION, RESTAURANTS AND SCHOOLS MAKING IT HIGHLY ATTRACTIVE TO TENANTS & EASY TO KEEP FULLY OCCUPIED. THIS PROPERTY IS ALSO BEING OFFERED WITH ANOTHER TRIPLEX NEXT TO THIS PROPERTY TO MAKE A GREAT PORTFOLIO. TRIPLEX #1 MONTHLY INCOME IS $5,645 AND TRIPLEX #2 MONTHLY INCOME IS $5,198, THE COMBINES INCOME OF ALL 6 UNITS IS $10,843 THIS CAN BE EASILY INCREASE TO $14,000 USD/MONTH ($168,000 USD/YEAR) SUCH A HIGH PRO-FORMA CAP RATE WILL MAKE YOU LOOK LIKE A HERO. PLEASE DRIVE BY TO SEE BOTH TRIPLEXES. BRING OFFERS TODAY. DO NOT WALK RUN! PLEASE DO NOT DISTURB TENANTS. 5200 NW 16TH ST AND 5210 NW 16TH ST CAN BE PURCHASED TOGETHER OR SEPARATELY

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1971
Lot:
No Data
Heating:
Central
Price/sqft:
$296
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$670,000
$382K – $849K
Confidence Low
List vs. estimate
$39K above estimate
List $709,500 · +5.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$295
+0.3% vs. city median $294
Based on
23 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,671
2025
Parking
4 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

  • Property

    • Exterior Features: Fruit Trees

    Other Property Information

    • Parcel Number: 494135210180

    • Zoning: RM-8

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $12,671

  • Source details

    • MLS ID: A12015138

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Complete Impact Glass / High Impact Windows

    • Architectural Style: Detached

    • Living Area: 2399

    • Water Source: Municipal Water

    • Subdivision Name: SUNSHINE VILLAS

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Ace Core-Group, LLC.