Triplex with New
For Sale
$650,000
5880 NW 19th Court #13, Lauderhill, FL 33313
Separately metered residences with assigned parking and central air conditioning.
Property Size2,442 SF
Price / SF$266.18
Days on Market67
Property Features for 5880 NW 19th Court #13
General Information
Standard status
Active
Size
2,442 SF
Total Parking Spaces
6
Property subtype
Triplex
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Building Details
Year Built
1973
Listing Agency:
Pink Miami Real Estate
(305) 605-7465
Listed By:
Adva Golan · License #3312294
(954) 200-2428
Source:
Lehmannflorida
Added: Aug 20
Changed: Oct 25
Last Checked: Oct 24 at 5:20PM
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.
This triplex contains three 2-bedroom, 1-bath units within a 2,442-square-foot property built in 1973. Each residence has its own electric meter and central A/C system, including one newer system. The building also has a new roof and six assigned parking spaces.
Two units are occupied by long-term Section 8 tenants. Tenants pay their individual electric usage, while the owner covers water service. The property is located at 5880 NW 19th Court Unit 13 in Lauderhill, Florida 33313, providing a three-unit configuration with established occupancy and separately metered utilities.
Two units are occupied by long-term Section 8 tenants. Tenants pay their individual electric usage, while the owner covers water service. The property is located at 5880 NW 19th Court Unit 13 in Lauderhill, Florida 33313, providing a three-unit configuration with established occupancy and separately metered utilities.
Key Highlights
- Three 2‑bedroom, 1‑bath units
- 2,442‑square‑foot triplex built in 1973
- New roof and three separate central A/C systems
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.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Separately metered residences with assigned parking and central air conditioning.
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; 2,442‑square‑foot triplex built in 1973; New roof and three separate central A/C systems
