Lauderhill, FL 33313 5701 NW 15th Street
$650,000
Pending



6 more






Presented By: Bank On It Realty
Home Details
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.
Presented By: Bank On It Realty
Interior Features for 5701 NW 15th Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Total Stories1
General for 5701 NW 15th Street
AccessibilityNone
CityLauderhill
Construction MaterialsBlock
ContingencyNone
CoolingOther
CountyBroward
HeatingOther
Legal DescriptionFERN SUB NO ONE 55-5 B LOT 6 BLK 10
MLS Area3750
Number Of Units Total3
Pets AllowedNo Pet Restrictions, Yes
PossessionClose Of Escrow
PostalCityLauderhill
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameFERN SUB NO ONE
Tax Annual Amount13971.12
Tax Year2025
Tenant PaysNone
UtilitiesNone
Virtual TourClick here
Year Built1970
Exterior for 5701 NW 15th Street
Building Area Total2260
Exterior AmenitiesNone
FencingNone
Lot FeaturesNone, < 1/4 Acre
Lot Size Acres0.16
Lot Size Area7012
Total Parking3
Water SourceMultiple Meters, Public
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Tuana Birol
Realtor®
SQFT • 2,260