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5311 NW 16th St, Lauderhill FL 33313

Multi-family For Sale
$699,900

BTC: 10.93593750

ETH: 367.85729302

New
0 room(s)
2,250 sqft

Overview

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.

Location

Florida • Lauderhill • 33313 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1969
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$311
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$584,999
$419K – $749K
Confidence Low
List vs. estimate
$114K above estimate
List $699,900 · +19.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$311
-0.3% vs. city median $311
Based on
17 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,803
2017
Parking
6 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 494135210490

    • Zoning: RM-8

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $13,803

  • Source details

    • MLS ID: A12053115

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 2250

    • Water Source: Municipal Water

    • Subdivision Name: SUNSHINE VILLAS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33313
512
median $140K
Active
Same city
Lauderhill
636
median $148K
Active
Same type
Multi-family
10
median $724K
Active
Similar price
$489K – $909K
36
median $587K
Active

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: Realty One Group Evolution