Triplex with New
For Sale
$650,000
5880 NW 19th Court #13, Lauderhill, FL 33313
Three separately metered units include central air conditioning and assigned parking.
Property Size2,442 SF
Price / SF$266.18
Days on Market65
Property Features for 5880 NW 19th Court #13
General Information
Standard status
Active
Size
2,442 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
RM-18
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$13,796
Building Details
Building Size
2,442 SF
Year Built
1973
Stories
1
Listing Agency:
Pink Miami Real Estate
Listed By:
Adva Golan · License #3312294
(954) 200-2428
Source:
Laerrealty
Added: Aug 21
Changed: Oct 14
Last Checked: Oct 23 at 4:09AM
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 Pink Miami Real Estate
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Investment Insights
Based on property information with market context.
Built in 1973, this triplex contains three two-bedroom, one-bath residences, each served by its own central A/C system. The roof has been replaced, and one of the air-conditioning systems is newer. Six assigned parking spaces serve the property.
Two residences are occupied by long-term Section 8 tenants. Each unit has a separate electric meter, with residents paying their own electricity while the owner covers water service. The property is located at 5880 NW 19th Ct in Lauderhill, Florida, and offers a three-unit configuration with existing tenancy and distinct utility metering.
Two residences are occupied by long-term Section 8 tenants. Each unit has a separate electric meter, with residents paying their own electricity while the owner covers water service. The property is located at 5880 NW 19th Ct in Lauderhill, Florida, and offers a three-unit configuration with existing tenancy and distinct utility metering.
Key Highlights
- Three 2‑bedroom, 1‑bath units
- NEW ROOF
- Three separate central A/C systems, including one newer unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,708
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,160
$814.2K
Cap Rate 7%
$581,543
$581.5K
Cap Rate 9%
$452,311
$452.3K
Market Conditions
NOI Build-Up for 2,442 SF
Gross rent
$61.5K $25.20/SF
− Vacancy
−$3.4K −$1.39/SF
EGI
$58.2K $23.81/SF
− OpEx
−$17.4K −$7.14/SF
NOI
$40.7K $16.67/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,160
Cap Rate 7%
$581,543
Cap Rate 9%
$452,311
Alternative Uses
Best Use
Multifamily LT 5
$581.5K
$508.9K – $678.5K
NOI $40,708 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$536.5K
$469.5K – $625.9K
NOI $37,556 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M
NOI $86,725 @ 7.0% cap · market cap 13.34%
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
834
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered units include central air conditioning and assigned parking.
Where is this triplex located?
The property is located at 5880 NW 19th Court #13 Lauderhill, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three 2‑bedroom, 1‑bath units; NEW ROOF; Three separate central A/C systems, including one newer unit
