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$699,900

  • For Sale
  • Active
  • Triplex
  • 2,250 Sq. Ft.
  • Updated 7 days 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 gross yearly rental income is $65,484. All units were fully remodeled, bathrooms, kitchens, floors, central A/C and much more in 2022. 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

General

  • Price: $699,900
  • Taxes: $13,803 (2017)
  • Status: Active
  • Type: Triplex
  • Source: Martin_County
  • MLS ID: A12053115
  • Updated: 9/2/2026
  • Added to Site: 59 day(s) ago

Parking

  • Covered Spaces: 6
  • Total Spaces: 6

Location

  • Area: 3750
  • County: Broward
  • Subdivision: 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: 3750
  • Assoc. Fees Include: Sewer, Trash, Water

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Sewer Available, Water Available, Water Connected

Structural Information

  • Construction: Block, Concrete
  • Roof: Composition, Shingle
  • Stories/Levels: 1
  • Square Feet: 2,250
  • Living Area: 2,250 Sq. Ft.
  • Year Built: 1969
  • Property Condition: Resale

Lot Features

  • Zoning: RM-8

Financial Considerations

  • Tax Amount: $13,803
  • Tax Year: 2017
  • Terms: Conventional

Disclosures and Reports

  • Special Conditions: Real Estate Owned
  • Legal Description: SUNSHINE VILLAS 66-49 B LOT 14 BLK 3
  • Bank-owned: Yes
  • Property ID: 494135210490

Listed by Realty One Group Evolution

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— 5311 NW 16th —

  • Realty One Group Evolution

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5311 NW 16th

School District:Broward County School District
NameGradesDistance
Plantation Elementary School
651 Northwest 42nd Avenue, Plantation, FL 33317
PK-51.4 mi
Lauderhill 6-12 STEM-MED Magnet School
1901 Northwest 49th Avenue, Lauderhill, FL 33313
6-80.5 mi
Boyd H. Anderson High School
3050 Northwest 41st Street, Lauderdale Lakes, FL 33309
9-123.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

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

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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Price Reduced near 5311 NW 16th

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801 Ixora Ln, Plantation, FL 33317 - Photo 1 Price Reduced
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Recent Sales near 5311 NW 16th

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5311 NW 16th, Lauderhill, FL 33313 (MLS# A12053115) is a Triplex property with 0 bedrooms and 0 full bathrooms. 5311 NW 16th is currently listed for $699,900 and was received on July 13, 2026. Want to learn more about 5311 NW 16th? 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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