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    Single-Story Triplex Income Property Title is generated by Realmo AI

    5631 NW 15th St, Lauderhill, FL 33313

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    For Sale
    $749,900

    Single-story multi-unit property in Lauderhill with a layout designed to support functional living areas across multiple residences.

    Type:Investment
    Property size:
    2,260 SF
    Price / SF:
    $331/SF
    Added:
    Jun 21, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 22 at 1:53 am

    Property Features for 5631 NW 15th St

    General Information

    Standard status
    Active
    Size
    2,260 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1969

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    Steven Beaulieu

    Listing office

    Listing date Jun 21, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Steven Beaulieu

    HighLights

    • 2,260 SF single‑story triplex in Lauderhill, FL
    • Built in 1969 with a multi‑unit layout designed to support functional living areas across multiple residences
    • Multi‑unit property offers versatile living space within one single‑story building
    • BikeScore 36 and WalkScore 52 (somewhat walkable); transitScore 34 (some transit)

    Overview

    This single-story triplex offers 2,260 square feet of versatile living space arranged across multiple units. The property’s thoughtful layout is designed to make efficient use of the available area, creating functional residential spaces within a single footprint.

    Located in Lauderhill, Florida, the home sits in an established community. Walkability and transit convenience are described as somewhat limited, with BikeScore of 36, WalkScore of 52, and transitScore of 34.

    As a residential income property, the triplex configuration can appeal to buyers seeking a multi-unit ownership opportunity with flexible unit-level living arrangements. Owner financing is also noted as available with 50% down, which may be a consideration for qualified buyers looking for an alternative to traditional financing.

    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 $57.0k $25.20
    − Vacancy −$3.1k −$1.39
    EGI $53.8k $23.81
    − OpEx −$16.1k −$7.14
    NOI $37.7k $16.67
    2,260 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $538.2K
    $470.9K – $627.9K (±1% cap)
    NOI $37,674 @ 7.0% cap · market cap 5.02%
    Second Best
    Apartment 5plus
    $496.5K
    $434.5K – $579.3K (±1% cap)
    NOI $34,757 @ 7.0% cap · market cap 4.63%
    Theoretical Best
    Office A
    $1.15M
    $1.00M – $1.34M (±1% cap)
    NOI $80,262 @ 7.0% cap · market cap 10.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lauderhill
    County
    Broward
    State
    Florida
    Longitude
    -80.225234
    Latitude
    26.1432748

    FAQs

    What type of property is this?
    Triplex - Single-story multi-unit property in Lauderhill with a layout designed to support functional living areas across multiple residences.
    Where is this triplex located?
    The property is located at 5631 NW 15th St Lauderhill, FL.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: 2,260 SF single‑story triplex in Lauderhill, FL; Built in 1969 with a multi‑unit layout designed to support functional living areas across multiple residences; Multi‑unit property offers versatile living space within one single‑story building
    More about this property
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