Updated Triplex with Impact
5210 NW 16th St, Lauderhill, FL 33313
For Sale
$702,000
Residential Income, Lauderhill, FL
Property Size2,399 SF
Price / SF$292.62
Days on Market121
Property Features for 5210 NW 16th St
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Exterior features
Fencing
Subdivision
Lot features
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
central air conditioning
yard
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Ace Core-Group, LLC.
(954) 934-3612
Listed By:
Irfan Khan · License FL #3058504
(954) 394-8935
Added: Jul 18
Changed: Nov 14
Last Checked: Nov 15 at 6:06PM
MLS# A12015243
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.
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Investment Insights
Based on property information with market context.
This 2,399-square-foot triplex contains three residential units with a combined six bedrooms and four bathrooms. The unit mix includes two 2-bedroom, 1-bath residences and one 2-bedroom, 2-bath residence. Improvements include a shingle roof installed in 2026, impact windows, central air conditioning, tile flooring, fresh interior paint, and block and pre-cast concrete construction. A fenced yard with fruit trees provides additional outdoor space.
The property is occupied under annual leases and is served by public water and public sewer. Its Lauderhill setting places the triplex near shopping centers, restaurants, schools, and public transportation. The property may also be purchased together with the neighboring triplex at 5200 NW 16th St, or acquired separately.
The property is occupied under annual leases and is served by public water and public sewer. Its Lauderhill setting places the triplex near shopping centers, restaurants, schools, and public transportation. The property may also be purchased together with the neighboring triplex at 5200 NW 16th St, or acquired separately.
Key Highlights
- Three‑unit property totaling 2,399 square feet with six bedrooms and four bathrooms
- Unit mix includes two 2/1 residences and one 2/2 residence
- New roof installed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,658
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,160
$733.2K
Cap Rate 7%
$523,686
$523.7K
Cap Rate 9%
$407,311
$407.3K
Market Conditions
NOI Build-Up for 2,399 SF
Gross rent
$70.5K $29.40/SF
− Vacancy
−$3.9K −$1.62/SF
EGI
$66.7K $27.78/SF
− OpEx
−$30.0K −$12.50/SF
NOI
$36.7K $15.28/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,160
Cap Rate 7%
$523,686
Cap Rate 9%
$407,311
Alternative Uses
Best Use
Apartment 5plus
$523.7K
$458.2K – $611.0K
NOI $36,658 @ 7.0% cap · market cap 5.22%
Second Best
Multifamily LT 5
$402.4K
$352.1K – $469.4K
NOI $28,165 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,198 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
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Business Placement
Demographics for 33313, FL
63,284
Population
25,312
Households
2.5
Avg Household Size
36
Median Age
15%
College-Educated
85%
High-School Grad
6.3 sq mi
ZIP Area
10,045
Density / Sq Mi
$45,408
Median Household Income
$30,872
Median Earnings
$1,608
Median Rent
$236,300
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Broward County, FL
Properties on Market for Triplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Tenant-occupied multifamily property with central air, tile flooring, fenced outdoor space, and fruit trees.
Where is this triplex located?
The property is located at 5210 NW 16th St Lauderhill, FL.
What is the asking price?
The asking price for this property is $702,000.
What are key features of this property?
This property features: Three‑unit property totaling 2,399 square feet with six bedrooms and four bathrooms; Unit mix includes two 2/1 residences and one 2/2 residence; New roof installed in 2026
