Multifamily in Lauderhill, FL 33313
Fern, 5701 NW 15th St

Beds
2,260
SqFt
$288
$/SqFt
Multifamily
Built in 1970
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.
MLS Number: B26004393
On Site: 181 Days
Updated: 103 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: None
      Interior, Heating and Cooling
      • Heating Description: Other
      • Cooling Description: Other
      Building and Construction
      • Floor Description: Tile
      • Year Built: 1970
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2026-03-19T14:37:03.000-00:00
        • Pets Allowed: NoPetRestrictions, Yes
        Taxes, Fees & More
        • Taxes: 13971.12
        • Real Estate Taxes: 569980
        • Total Floors in Building: 1
        • Total Units in Building: 3
        • Total Units in Complex: 3

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        03/19/2026
        Listed
        $650K
         
        $288 ft2
        $3,096 m2
        03/19/2026
        $650K
        Event
        Listed
        Price Per
        $288 ft2
        $3,096 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Eugene SchroederBank On It Realty • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Car-Dependent. Almost all errands require a car
        11

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        34

        100
        Bike Score®
        Somewhat Bikeable. Minimal bike infrastructure
        37

        100
        Sound Score®
        Bearable noise
        76

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        31

        100
        Local Score
        Limited local amenities nearby
        0

        100
        Community Snapshot
        2 – 2 BR
        Bedrooms
        $280K – $750K
        Price Tier
        810 - 2,552
        SqFt Range
        1968
        Year Build
        1
        Total Floors

        Subdivision Amenities

        None
        Sidewalks

        Lauderhill
        Entry-Level
        Entry-Level Homes & Condos