5308-5312 18Th Pl Lauderhill, FL 33313
This exceptional three-unit apartment building, known as Sunshine Villas First Add, presents a compelling investment opportunity in the desirable Lauderhill, Florida community. Located at 5308-5312 NW 18th Pl, 33313, this single-story, 1971-built property offers a blend of established income and potential for growth. Each of the three units boasts two bedrooms and one bathroom, providing comfortable living spaces for tenants. Currently, two units are occupied, generating immediate rental income, while one unit is vacant and ready for immediate lease-up. The property benefits from a recently completed roof replacement in 2019, ensuring long-term structural integrity and minimizing future maintenance expenses. Situated in Broward County, this triplex enjoys a convenient location within the sought-after Sunshine Villas neighborhood. This turnkey investment property is ideal for adding to an existing portfolio or for first-time investors seeking a stable and profitable venture in the Florida real estate market. The asking price is $739,999. Don't miss this chance to acquire a well-maintained, income-producing asset in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.