5701 NW 15th Street, Lauderhill, FL 33313

Lauderhill
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
5701 NW 15th Street,Lauderhill, FL 33313
$650,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,260 sq. ft.
  • Multi-family
  • Pending
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:193 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
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. RMLS Member Broker: Gene Whiddon III <gwhiddon@bhgfirst.com>

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