5311 16th St ,Attached, Triplex, Sunshine Villas for Sale

5311 16th St for Sale

Price $699,900.00

• Lot size 2250
• Year Build 1969
• Waterfront
• Zip 33313
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

Excellent investment opportunity! This income-producing property features three separate units: two spacious 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom unit. The current rental income is significantly below market value because the tenants are family members, providing a strong opportunity to increase rents and maximize cash flow. Each unit includes two dedicated parking spaces, and washer/dryer hookups are conveniently located at the rear of the building. This property is an ideal addition for investors looking to grow their real estate portfolio and increase long-term returns.

SUNSHINE VILLAS 66-49 B LOT 14 BLK 3

Less Than 1/4 Acre Lot

Excellent investment opportunity! This income-producing property features three separate units: two spacious 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom unit. The current rental income is significantly below market value because the tenants are family members, providing a strong opportunity to increase rents and maximize cash flow. Each unit includes two dedicated parking spaces, and washer/dryer hookups are conveniently located at the rear of the building. This property is an ideal addition for investors looking to grow their real estate portfolio and increase long-term returns.

City:Lauderhill,Zoning:RM-8,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2017,Latitude:26.1443483,Cooling Y N:1,Heating Y N:1,List Price:699900,Listing Id:A12053115,Longitude:-80.2212988,Mls Status:Active,Year Built:1969,Directions:Sunrise Blvd West to NW 56 Avenue. Go North on 56th Avenue to NW 15 Street. Make a right on NW 15th Street, the left on NW 55 Avenue. Make a right on NW 16 Street and the property will be on your left.,Living Area:2250,Postal Code:33313,Street Name:16th St,Coordinates:1:26.1443483,Photos Count:3,Building Name:SUNSHINE VILLAS,Days On Market:1,Lot Size Units:Square Feet,M I A M I R E_ Area:3750,M L S Area Major:Sunshine Villas,On Market Date:2026-07-13,Parcel Number:494135210490,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:1,Street Number:5311,M I A M I R E_ R E O Y N:1,M I A M I R E_ Style:Triplex,Public Remarks:Excellent investment opportunity! This income-producing property features three separate units: two spacious 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom unit. The current rental income is significantly below market value because the tenants are family members, providing a strong opportunity to increase rents and maximize cash flow. Each unit includes two dedicated parking spaces, and washer/dryer hookups are conveniently located at the rear of the building. This property is an ideal addition for investors looking to grow their real estate portfolio and increase long-term returns.,County Or Parish:Broward County,Expiration Date:2027-01-31,List Office Name:Realty One Group Evolution,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5631,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:SUNSHINE VILLAS,Tax Annual Amount:13803,Unparsed Address:5311 NW 16th St, Lauderhill FL 33313,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2250,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:311.0667,Original List Price:699900,Public Survey Range:49,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Excellent investment opportunity! This income-producing property features three separate units: two spacious 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom unit. The current rental income is significantly below market value because the tenants are family members, providing a strong opportunity to increase rents and maximize cash flow. Each unit includes two dedicated parking spaces, and washer/dryer hookups are conveniently located at the rear of the building. This property is an ideal addition for investors looking to grow their real estate portfolio and increase long-term returns.,Listing Contract Date:2026-07-13,Originating System I D:miamire,Public Survey Section:35,Showing Instructions:See Broker Remarks,Street Number Numeric:5311,Tax Legal Description:SUNSHINE VILLAS 66-49 B LOT 14 BLK 3,M I A M I R E_ Current Price:699900,Public Survey Township:49,M I A M I R E_ Total Mortgage:350000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:2250,M I A M I R E_ Geographic Area:Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850),M I A M I R E_ Internet Remarks:Excellent investment opportunity! This income-producing property features three separate units,M I A M I R E_ Parcel Number M L X:0490,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$26.144329$-80.221312$149.79$13.33$1.00$5aB8Z81_6z3Vswngs1OYTw,Contract Status Change Date:2026-07-13,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:21,M I A M I R E_ Agent Alternate Phone:305-310-2098,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:5311 NW 16th St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:311.07,Internet Automated Valuation Display Y N:1,