5311 NW 16th St, Lauderhill, FL 33313

About 5311 NW 16th St, Lauderhill, FL 33313

Excellent investment opportunity! This income-producing property features three separate units: two spacious 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom unit. The current gross yearly rental income is $65,484. All units were fully remodeled, bathrooms, kitchens, floors, central A/C and much more in 2022. Each unit includes two dedicated parking spaces, and washer/dryer hookups are conveniently located at the rear of the building. This property is an ideal addition for investors looking to grow their real estate portfolio and increase long-term returns.

How This Listing Compares in Lauderhill

Per square foot, it is asking 68% above the Lauderhill median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Lauderhill; a starting point, not an appraisal.

Home Features at 5311 NW 16th St, Lauderhill, FL 33313

Flooring

Tile

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Architectural Style

Attached

Pool Private

No

Year Built Details

Resale

The Building at 5311 NW 16th St, Lauderhill, FL 33313

Building Name

SUNSHINE VILLAS

Building Area Total

2250

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Lot, Views & Construction at 5311 NW 16th St, Lauderhill, FL 33313

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Shingle

Sewer

Public Sewer

Water Source

Municipal Water

New Construction

No

Taxes & Public Record for 5311 NW 16th St, Lauderhill, FL 33313

Parcel Number

494135210490

Tax Annual Amount

$13,803

Tax Year

2,017

Tax Legal Description

SUNSHINE VILLAS 66-49 B LOT 14 BLK 3

Zoning

RM-8

County Or Parish

Broward County

Map & Neighborhood