5311 NW 16th St

Beds
Baths
2,250 Sq. Ft.
$311 / Sq. Ft.
2,250
Sq. Ft.
$311
per Sq. Ft.

Description

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...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.
  1. Listed by Sergio Arcila • Realty One Group Evolution
    P: (786)-477-4715 C: (305)-310-2098 sergioarcila.realtor@gmail.com

Property Details for 5311 Northwest 16th Street

Subdivision
SUNSHINE VILLAS
Style
Triplex
Waterfront
No
Area
3750
Geographic Area
Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850)
Num Stories
1
Sq Ft Total
2250
Sq Ft Liv Area
2250.0
LISTING UPDATED: 07/14/2026 04:00 AM

Property Details for 5311 Northwest 16th Street

StatusActive
MLS #A12053115
Days on Market2
Taxes$13,803 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family Income / Triplex
Year Built1969
Lot Size-
CountyBroward County

Location

Listing Courtesy of Realty One Group Evolution
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Building Information for 5311 Northwest 16th Street

Stories-Residences-Year Built1969Building Size-Lot Size-

Payment Calculator

$4,638 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,488

Property Taxes

$1,150

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5311 Northwest 16th Street

Location Information
Location Information
  • Parcel Number Free Text: 494135210490
  • Parcel Number MLX: 0490
  • MLS Area: 3750
  • Township Range: 49
  • Section: 35
  • Subdivision Number: 21
  • Subdivision Complex Bldg: SUNSHINE VILLAS
  • Unit Count: 3
  • Zoning Information: RM-8
General Information
Parking
  • Num Parking Spaces: 6
General Information
  • Property Type Information: Attached
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Shingle Roof
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • 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.
Additional Property Information
Utilities
  • Heating Description: Window/Wall
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Sewer, Trash Removal, Water
Financial Information
Financial Information
  • Total Mortgage: $350,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2017
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: None

Property History for 5311 Northwest 16th Street

DateEvent & SourcePriceAppreciation
Jul 13, 2026

Listed (Active)

MiamiRE #A12053115

$699,900
Mar 11, 2019

Sold (Public Record)

Public Record #640787821

$265,000
Mar 11, 2019

Sold

Beaches MLS #F10160520

$265,000
DateEvent & SourcePrice
07/13/2026

Listed (Active)

MiamiRE #A12053115

$699,900
03/11/2019

Sold (Public Record)

Public Record #640787821

$265,000
03/11/2019

Sold

Beaches MLS #F10160520

$265,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5311 Northwest 16th Street

Taxable ValueLand$23,020Additions$497,680Total$520,700
Tax Record2024$13,020 ($1,085 / month)
Home Facts
Total Finished SqFt2,250 SqFtAbove Grade Finished SqFt2,250 SqFtStories1Lot Size7,673 SqFtStyleTriplexYear Built1969Year Renovated1970ZoningRM-8CountyBROWARDAPN49-41-35-21-0490

Schools near 5311 Northwest 16th Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Plantation Elementary School
PublicPK to 5

Lauderhill 6-12 STEM-MED Magnet School
Public6 to 12

Boyd H. Anderson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5311 Northwest 16th Street is a multi-family home for sale in Lauderhill, FL 33313. This property was listed for sale on July 13, 2026 by Realty One Group Evolution, it's currently listed at $699,900. It has been on the market for a total of 2 days and was last sold on March 11, 2019. This listing's school district is Broward. Nearby schools include Plantation Elementary School, Lauderhill 6-12 STEM-MED Magnet School and Boyd H. Anderson High School. 5311 Northwest 16th Street is a 0-bed, 0-bath, 2,250 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group Evolution

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.