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5701 NW 15th Street, Lauderhill, FL 33313

Lauderhill
Local realty services provided by:CENTURY 21 Circle
5701 NW 15th Street,Lauderhill, FL 33313
$650,000
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  • - Beds
  • - Baths
  • 2,260 sq. ft.
  • Multi-family
  • Pending
Listed by: eugene j schroeder
Office: bank on it realty954-515-0030
MLS#:B26004393
Source:SEFMLS

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
  • Listing ID #:B26004393
  • Updated:June 15, 2026 at 08:55 PM

Rooms and interior

  • Flooring:Tile
  • Living area:2,260 sq. ft.

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1970
  • Building area:2,260 sq. ft.
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$287.61
  • Tax amount:$13,971 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. SEFMLS Member Broker: David Cates

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