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5701 NW 15th Street, 
Lauderhill, FL 33313

$650,000

—

Bed

—

Bath

2,260

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Eugene J Schroeder

Bank On It Realty

Last updated:

March 21, 2026, 02:54 PM

MLS#

B26004393

Source:

RMLS

About This Home

5701 NW 15th Street

Turnkey triplex investment in Lauderhill offering immediate cash flow and strong rental demand. Fully occupied 3-unit property featuring (2) 2BR/1BA and (1) 1BR/1BA units (~753 SF avg). Recent upgrades include roof, electrical, plumbing, and impact windows—minimizing near-term capital expenses. Individually metered units provide efficient, low-cost operations. Current rents ~$1,500 (1BR) and $1,600-$1,700 (2BR) with market rents up to ~$1,700 and $2,000, offering ~18%+ upside. Owner occupies one 2BR unit to be delivered vacant—ideal for FHA or cash buyers. Priced at $650,000 with ~6.08% cap rate and ~$39,492 NOI, this is a strong value-add opportunity in a stable Broward County submarket.

Home Facts

Multi-Family

Built in 1970

Price Summary

650,000

$287 per Sq. Ft.

MLS #:

B26004393

Last Updated:

March 21, 2026, 02:54 PM

Added:

3 day(s) ago

Rooms & Interior

Interior

Living Area:

2,260 Sq. Ft.

Structure

Structure

Building Area:

2,260 Sq. Ft.

Year Built:

1970

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$650,000

Price per Sq. Ft:

$287 per Sq. Ft.

Source:RMLS
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.