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$699,900 Just Listed

  • For Sale
  • Active
  • Triplex
  • 2,250 Sq. Ft.
  • Updated 4 hours ago
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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.

Full Property Details for 5311 NW 16th St

General

  • Price: $699,900
  • Taxes: $13,803 (2017)
  • Status: Active
  • Type: Triplex
  • Source: Greater_Miami
  • MLS ID: A12053115
  • Updated: 7/13/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Interior

  • Flooring: Tile

Parking

  • Total Spaces: 6

Location

  • Area: Sunshine Villas
  • County: Broward County
  • Subdivision: SUNSHINE VILLAS
  • Building Name: SUNSHINE VILLAS
  • Driving 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.

Community

  • Community Name: Sunshine Villas
  • Units Assoc/Comm: 3

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Window/Wall

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached
  • Structure Type: Triplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Shingle
  • Stories/Levels: 1
  • Building Size: 2250
  • Square Feet: 2,250
  • Living Area: 2,250 Sq. Ft.
  • Year Built: 1969

Unit Information

  • Units in Complex: 3

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: RM-8

Financial Considerations

  • Price Per Sq. Ft.: $311.07
  • Tax Amount: $13,803
  • Tax Year: 2017
  • Terms: Conventional

Disclosures and Reports

  • Documents Avail.: None
  • Legal Description: SUNSHINE VILLAS 66-49 B LOT 14 BLK 3
  • Property ID: 494135210490

Listed by Realty One Group Evolution

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— 5311 NW 16th St —

  • Realty One Group Evolution

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 5311 NW 16th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/13/2026
Listed
$699,900
164.11%
MLS
3/11/2019
Sold
$265,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5311 NW 16th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,803
6%
$563,420
8%
2024
$13,020
—
$520,700
10%
2024
$13,020
29%
$473,010
28%
2023
$10,103
16%
$368,130
16%
2022
$8,682
7%
$317,450
18%
2021
$8,088
—
$269,760
9%
2021
$8,088
36%
$247,350
69%
2019
$5,937
14%
$146,050
10%
2018
$5,219
11%
$132,780
-29%
2017
$4,694
9%
$187,730
10%
2016
$4,301
7%
$170,590
71%
2015
$4,027
10%
$99,770
10%
2014
$3,649
12%
$90,700
10%
2013
$3,255
—
$82,460
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Realty One Group Evolution

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5311 NW 16th St, Lauderhill, FL 33313 (MLS# A12053115) is a Triplex property with 0 bedrooms and 0 full bathrooms. 5311 NW 16th St is currently listed for $699,900 and was received on July 13, 2026. Want to learn more about 5311 NW 16th St? Do you have questions about finding other Triplex real estate for sale in Lauderhill? You can browse all Lauderhill real estate or contact a Coldwell Banker agent to request more information.

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