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Property profile & analytics
OFF-MARKET
Small apartment buildings

5221 15Th Ct Lauderhill, FL 33313

Built 1969
Property ID
US18-9916931
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1969
UPID US18-9916931
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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