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    3380 NW 8Th Pl Lauderhill, FL 33311

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    For Sale
    $615,000

    Fully renovated, income-producing triplex with long-term tenants and expansion potential.

    Building Details

    Year built
    1959

    Source: Luxe Properties Agent Esmil Borrego Abreu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Triplex Investment Opportunity

    This fully renovated, income-producing triplex is located at 3380 NW 8th Pl Unit A-C. The property offers an investment opportunity with an 8.5% cap rate and potential for increased returns. The property is currently occupied by tenants on long-term leases, providing consistent cash flow. Each unit has been updated, reducing maintenance needs and maximizing returns. A shared washer and dryer are available on-site for all three tenants. The property is zoned for up to 9 units, allowing for future expansion. This turnkey property presents an opportunity for investors seeking a high-yield investment in a developing area.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lauderhill
    County
    Broward
    State
    Florida
    Longitude
    -80.1920798
    Latitude
    26.1328869

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    FAQs

    What type of property is this?
    Triplex - Fully renovated, income-producing triplex with long-term tenants and expansion potential.
    Where is this triplex located?
    The property is located at 3380 NW 8Th Pl Lauderhill, FL.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: - High 8.5% Cap Rate with Potential for Increase; - Fully Renovated Units Minimizing Maintenance; - Tenants in Place with Long-Term Leases Ensuring Immediate Cash Flow
    (786) 400-8478
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    3380 NW 8Th Pl Lauderhill, FL 33311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3380 NW 8Th Pl Lauderhill, FL 33311
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