5401 16Th Ct Lauderhill, FL 33313
This exceptional investment opportunity presents a charming 1-story duplex located at 5401 NW 16th Ct, Lauderhill, FL 33313, in Broward County. Built in 1970, this 2,221 square foot apartment building offers a fantastic blend of comfort and income potential. The property boasts a bright and cozy layout, featuring four bedrooms and two bathrooms, perfect for a family or multiple tenants. An updated kitchen adds modern convenience to the classic design. The spacious living area provides ample room for relaxation and entertaining, while a private fenced backyard offers additional outdoor space. Its central location in Lauderhill, Florida, provides easy access to local amenities and the Turnpike, enhancing its appeal to potential renters. This property represents a strong investment opportunity due to its desirable features and convenient location, making it an attractive option for both seasoned and aspiring investors seeking a solid return on investment in the thriving Florida market. The asking price is $510,000. This is a multifamily property, specifically categorized as an apartment building and duplex/triplex/quadruplex.
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.