5701 NW 15th Street, Lauderhill, FL 33313
Local realty services provided by:CENTURY 21 America's Choice
Listed by: eugene j schroeder
Office: bank on it realty
MLS#:B26004393
Source:RMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$287.61
About this home
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.
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Home facts
- Year built:1970
- Subdivision & Development:FERN SUB NO ONE
- Listing ID #:B26004393
- Added:202 day(s) ago
- Updated:June 16, 2026 at 07:28 AM
Rooms and interior
- Flooring:Tile
- Living area:2,260 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1970
- Building area:2,260 sq. ft.
- Construction Materials:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$287.61
- Tax amount:$13,971 (2025)
Parking
- Total parking spaces:3
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