Furnished Triplex with Commercial
5940 NW 19th Ct, Lauderhill, FL 33313
For Sale
$849,999
The furnished layout includes dedicated office space, separate laundry, and a covered rear patio.
Property Size2,442 SF
Price / SF$348.07
Days on Market12
Property Features for 5940 NW 19th Ct
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Furnished
Sprinkler System
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
commercial kitchen
impact windows
closed-circuit video surveillance
separate laundry area
dedicated office space
additional storage rooms
covered rear patio with new patio furniture
Building Details
Building Size
Year Built
Buildings
Listing Agency:
First World Realty Group, LLC
(954) 457-0114
Listed By:
Jordanne Dundas · License FL #3480073
(954) 300-6103
Source:
Futureoptionrealty
Added: Nov 1
Changed: Nov 9
Last Checked: Nov 12 at 7:57PM
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 First World Realty Group, LLC
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Investment Insights
Based on property information with market context.
Configured as a triplex, this 2,442-square-foot property was built in 1980 and contains 7 bedrooms and 5 bathrooms. The residence is furnished, with two twin beds, dressers, and nightstands in each bedroom. A commercial kitchen includes a hood, grease trap, and fire-suppression system; additional features include a dedicated office, separate laundry area, storage rooms, and a covered rear patio.
Building systems and security features include impact windows, a hard-wired fire alarm, a full fire sprinkler system, and closed-circuit video surveillance. A Generac generator is paired with an underground propane tank described as providing approximately 3 days of supply during outages.
Building systems and security features include impact windows, a hard-wired fire alarm, a full fire sprinkler system, and closed-circuit video surveillance. A Generac generator is paired with an underground propane tank described as providing approximately 3 days of supply during outages.
Key Highlights
- Triplex configuration with 7 bedrooms and 5 bathrooms
- 2,442 square feet; built in 1980
- Commercial kitchen with hood, grease trap, and fire‑suppression system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,315
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,300
$746.3K
Cap Rate 7%
$533,071
$533.1K
Cap Rate 9%
$414,611
$414.6K
Market Conditions
NOI Build-Up for 2,442 SF
Gross rent
$71.8K $29.40/SF
− Vacancy
−$3.9K −$1.62/SF
EGI
$67.8K $27.78/SF
− OpEx
−$30.5K −$12.50/SF
NOI
$37.3K $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%
$746,300
Cap Rate 7%
$533,071
Cap Rate 9%
$414,611
Alternative Uses
Best Use
Apartment 5plus
$533.1K
$466.4K – $621.9K
NOI $37,315 @ 7.0% cap · market cap 4.39%
Second Best
Multifamily LT 5
$409.6K
$358.4K – $477.8K
NOI $28,670 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M
NOI $86,725 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Sprinkler system
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
$236,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - The furnished layout includes dedicated office space, separate laundry, and a covered rear patio.
Where is this triplex located?
The property is located at 5940 NW 19th Ct Lauderhill, FL.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Triplex configuration with 7 bedrooms and 5 bathrooms; 2,442 square feet; built in 1980; Commercial kitchen with hood, grease trap, and fire‑suppression system
