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.
For sale
$699,900
5311 NW 16th St, Fort Lauderdale, FL 33313
5beds
3baths
2,250sqft
Triplex
Built in 1969
-- sqft lot
$671,300 Zestimate®
$311/sqft
$-- HOA
What's special
Three separate units
- 55 days
- 163
- 11
Zillow last checked:
Listing updated:
Listed by:
Sergio Arcila 305-310-2098,
Realty One Group Evolution
Source: MIAMI,MLS#: A12053115
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Tile
Interior area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494135210490
- Zoning: RM-8
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Sunshine Villas
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $311/sqft
- Annual tax amount: $13,803
- Date on market: 7/13/2026
- Listing terms: Conventional
Estimated market value
$671,300
$638,000 - $705,000
$2,398/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $699,900$311/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment








