5311 NW 16th St Lauderhill, FL 33313
MULTI_FAMILY - Lauderhill, FL
Property Features for 5311 NW 16th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 3
- Parking
- 6
- Standard status
- Active
- APN
- 494135210490
- Size
- 2,250 SF
Taxes and HOA fees
- Tax Year
- 2017
- Tax Description
- SUNSHINE VILLAS 66-49 B LOT 14 BLK 3
- Tax Annual Amount
- 13803
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1969
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
Listing agent Sergio Arcila License #3229070 (305) 310-2098
Listing office Realty One Group Evolution 2822 NW 79th Ave, Doral, FL (786) 477-4715
Listing date Jul 14, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 5311 NW 16th St in Lauderhill, Florida (Broward County). The current rental income is described as significantly below market value because the tenants are family members.
As presented, the building offers a straightforward income-producing configuration with dedicated parking per unit and in-place laundry hookups to support day-to-day convenience.
Key Highlights
- Income property with three separate units: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- Two dedicated parking spaces per unit
- Washer/dryer hookups located at the rear of the building
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.7k | $25.20 |
| − Vacancy | −$3.1k | −$1.39 |
| EGI | $53.6k | $23.81 |
| − OpEx | −$16.1k | −$7.14 |
| NOI | $37.5k | $16.67 |
