5701 NW 15th Street, Lauderhill, FL 33313

• 2,260 sqft

Property Description

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.

Listing Status:

Active

Date Added:

March 19, 2026

Data Last Updated:

March 27, 2026 at 7:22PM

Listing Office:

Bank On It Realty : 954-515-0030

Listing Agent:

Eugene J Schroeder : 954-816-4363

MLS ID:

B26004393

Interior

• Flooring: Tile
• A/C: Other
• Heating: Other

Exterior

• General: None
• Parking: Parking spaces: 3

Construction

• Roofing: Shingle
• General: Block1

Location

• Originating MLS: BEACH_BEACH
• County: Broward

Lot

• Zoning: RM-8FERN SUB NO ONE 55-5 B LOT 6 BLK 10494135062030
• Fencing: None

Utilities

• Utilities: None
• Water: Multiple MetersPublic
• Sewer: Public Sewer

Financial

• Source: BEACH_BEACH