5200 NW 16th St, Lauderhill, FL 33313
- Added:
- Jun 28, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 1 at 12:06 pm
Property Features for 5200 NW 16th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 6
- Parking
- 4
- Exterior features
- Fence, Fruit Trees
- Fencing
- Fenced
- Standard status
- Active
- APN
- 494135210180
- Size
- 2,399 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SUNSHINE VILLAS 66-49 B LOT 1 BLK 2
- Tax Annual Amount
- 12671
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1971
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
Listing agent Irfan Khan License #3058504 (954) 394-8935
Listing office Ace Core-Group, LLC. 19979 SW 7th Place, PEMBROKE PINES, FL (954) 934-3612
Listing date Jun 28, 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.
HighLights
- Triplex built in 1971 with block construction, shingle roof, and tile flooring throughout
- Tenants occupied under annual lease; rental setup includes three units: two 2/1 units and one 2/2 unit
- Impact windows, central AC, and ceiling fans provide climate control across the property
- Each unit has private access and separate parking space for added tenant convenience
- Large fenced yard with fruit trees including mango, avocado, and ackee
- Monthly rent totals $5,645 for Triplex #1 and $5,198 for Triplex #2; combined monthly income is $10,843
Overview
The home is currently tenant occupied with long-term residents and an annual lease in place. The offering is also described as being ideally located close to shopping centers, public transportation, restaurants, and schools, supporting convenient day-to-day access for tenants.
From an ownership standpoint, the current income is supported by the stated monthly figures: the first unit at $5,645 per month and the second unit at $5,198 per month, with combined income referenced across the 6 units in the portfolio of two adjacent triplexes. The listing also notes the properties are being offered together as a portfolio option, or separately, and recommends viewing by drive-by while observing the instructions not to disturb tenants.
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 | $60.5k | $25.20 |
| − Vacancy | −$3.3k | −$1.39 |
| EGI | $57.1k | $23.81 |
| − OpEx | −$17.1k | −$7.14 |
| NOI | $40.0k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lauderhill
- County
- Broward
- State
- Florida
- Longitude
- -80.220382
- Latitude
- 26.143892
