5200 NW 16th Street, Lauderhill, FL 33313
- $720,000
- 2,399
- SqFt
- List Price
- $720,000
- Price Change
- ▼ $5,000 1785533709
- Days on Market
- 86
- MLS#
- A12015138
- Sq. Ft
- 2,399
- Subtype
- Triplex
- County
- Broward
- Subdivision
- Sunshine Villas
- Year Built
- 1971
Property Description
COMPLETELY UPDATED. LONG TERM TENANTS. EXCEPTIONAL INVESTMENT CORNER PROPERTY WELL MAINTAINED TRIPLEX OF 6 BEDROOMS & 4 BATHS OFFERING STRONG, CONSISTENT RENTAL INCOME, THE FIRST UNIT IS A 2/1 AND SECOND ONE IS A 2/1 THIRD UNIT IS A 2/2 HAS PRIVATE ENTRANCE AND SEPARATE PARKING SPACE. PROPERTY IS TENANTS OCCUPIED WITH ANNUAL LEASE. PROPERTY HAS IMPACT WINDOWS, CENTRAL AC, TILE FLOOR, FRESHLY PAINTED, AND ALSO HAS BIG YARD WITH MANGO AVOCADO AND ACKEE TREES. IDEALLY LOCATED CLOSE TO SHOPPING CENTERS, PUBLIC TRANSPORTATION, RESTAURANTS AND SCHOOLS MAKING IT HIGHLY ATTRACTIVE TO TENANTS & EASY TO KEEP FULLY OCCUPIED. THIS PROPERTY IS ALSO BEING OFFERED WITH ANOTHER TRIPLEX NEXT TO THIS PROPERTY TO MAKE A GREAT PORTFOLIO. TRIPLEX #1 MONTHLY INCOME IS $5,645 AND TRIPLEX #2 MONTHLY INCOME IS $5,198, THE COMBINES INCOME OF ALL 6 UNITS IS $10,843 THIS CAN BE EASILY INCREASE TO $14,000 USD/MONTH ($168,000 USD/YEAR) SUCH A HIGH PRO-FORMA CAP RATE WILL MAKE YOU LOOK LIKE A HERO. PLEASE DRIVE BY TO SEE BOTH TRIPLEXES. BRING OFFERS TODAY. DO NOT WALK RUN! PLEASE DO NOT DISTURB TENANTS. 5200 NW 16TH ST AND 5210 NW 16TH ST CAN BE PURCHASED TOGETHER OR SEPARATELY
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Additional Information
- Construction
- Block
- Cooling
- Central Air, Ceiling Fan(s)
- Flooring
- Tile
- Heating
- Central, Separate Meters
- Roof
- Shingle
- Taxes
- $12,671
- Utilities
- Cable Available
- Stories
- 1
- Price Per Sqft
- $300
- Elementary School
- Plantation
- Middle School
- Lauderhill 6-12
- High School
- Boyd H. Anderson
Mortgage Calculator
Listing courtesy of Ace Core-Group, LLC.. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Irfan R Khan | Email: honestrealtor2000@gmail.com