5221 15Th Ct Lauderhill, FL 33313
This exceptional investment opportunity presents a two-unit apartment building located at 5221 NW 15th Ct, Lauderhill, FL 33313, in Broward County. Built in 1969, this single-story property is priced to sell at $475,000. The property boasts two units; one is currently rented for $1800 per month under a Section 8 lease with a five-year tenant history, offering potential for rent increase to $2300. The second unit, a 3-bedroom, 1-bathroom apartment, is on a month-to-month lease at $2100 and will be vacant at closing. Significant renovations were completed four years ago, and the roof was replaced in 2020. The property features PVC piping and each unit includes its own washer and dryer. This property is ideal for investors seeking strong cash flow or first-time buyers entering the real estate market. Showings are available by appointment only.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.