5701 NW 15th Street, Lauderhill, FL 33313
- Added:
- Mar 19, 2026
- Days on Market:
- 87
- Last Refresh:
- Jun 13 at 10:06 pm
Property Features for 5701 NW 15th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-8
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 5, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
- Pets allowed
- Yes, No
- Standard status
- Pending
- APN
- 494135062030
- Size
- 2,260 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FERN SUB NO ONE 55-5 B LOT 6 BLK 10
- Tax Annual Amount
- 13971
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile
- Building materials
- CBS
- Roof type
- Shingle
Listing agent Eugene J Schroeder License #687483 (954) 816-4363
Listing office Bank On It Realty 1820 N Corporate Lakes BL #208 Ste 208, Weston, FL (954) 515-0030
Listing date Mar 19, 2026
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey triplex investment with immediate cash flow from fully occupied units.
- Significant rental upside potential with current rents below market value.
- Recent upgrades to roof, electrical, plumbing, and impact windows minimize future capital expenses.
- One 2BR unit to be delivered vacant, ideal for owner‑occupancy (FHA or cash buyers).
- Individually metered units for efficient, low‑cost operations.
- Strong value‑add opportunity with ~6.08% cap rate and ~$39,492 NOI in a stable Broward County submarket.
Overview
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lauderhill
- County
- Broward
- State
- Florida
- Longitude
- -80.22565
- Latitude
- 26.143251
