5701 NW 15th St

Baths
2,260 Sq. Ft.
$288 / Sq. Ft.
2,260
Sq. Ft.
$288
per Sq. Ft.

Description

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...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.
  1. Listed by Eugene J Schroeder • Brokerage DRE #1029912 • Bank On It Realty
    P: (954)-816-4363 C: (954)-816-4363 gschroeder@bankonit.com

Property Details for 5701 Northwest 15th Street

Furnished
Unfurnished
Waterfront
No
Style
No Pool/No Water
Year Built Numeric
1970
Pets Allowed YN
Yes
Subdivision
FERN SUB NO ONE
LISTING UPDATED: 03/20/2026 12:31 PM

Property Details for 5701 Northwest 15th Street

StatusActive
MLS #B26004393
Days on Market36
Taxes$13,971 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1970
Lot Size0.16 AC / 6,969 SF
CountyBroward County

Location

Listing Courtesy of Bank On It Realty
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Building Information for 5701 Northwest 15th Street

Stories1Residences-Year Built1970Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$4,437 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,273

Property Taxes

$1,164

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5701 Northwest 15th Street

Summary
Location and General Information
  • Area: 3750
  • City and Location Text: Lauderhill
  • County Land Code: Broward County
  • County Or Parish: Broward County
  • Geo Lat: 26.143251
  • Information Available: None
  • MLS Area: 3750
  • MLS Sub Area: FTSL - Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850), FTSL, Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850)
  • Postal Code: 33313
  • State: FL
  • Street Direction Prefix: NW
  • Street #: 5701
  • Subdivision Complex Bldg: FERN SUB NO ONE
  • Complex Name: FERN SUB NO ONE
  • Subdivision Number Numeric: 6.0
  • Zoning: RM-8
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: FERN SUB NO ONE 55-5 B LOT 6 BLK 10
  • Parcel ID: 494135062030
  • Tax Information: Homestead Exemption
  • Tax Year: 2025
  • Total Assessed Value: $569,980.00
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot, Less Than 1 Acre Lot
  • Acres: 0.16
  • Approx Sqft Total Area: 2260
  • Lot Square Footage: 6969.6
  • Special Info: Sold As-Is
  • Sq Ft: 2260
  • Sq Ft Liv Area: 2260.0
  • Sq Ft Total: 2,260
  • Total Floors in Bldg: 1.00
  • Property Type: Residential Income, Triplex
Property and Assessments
  • Avail Docs: None
  • Construction Type: Triplex, Shingle, CBS
  • Document Count: 1
  • Legal Description: FERN SUB NO ONE 55-5 B LOT 6 BLK 10
  • Special Assessment: No
  • Type: Triplex
  • Year Built Description: 1970
Utilities
  • On Site Utilities: None
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Sewer Description: Public Sewer
  • Utilities: None
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS
  • Exterior Features: None
  • Gated Community YN: No
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Shingle
  • Roof Description: Shingle
  • Fencing: None
Interior Features
  • Baths Total: 0
  • Column Description: CBS
  • Cooling: Other
  • Flooring: Tile
  • Heating: Other
  • Heating Description: Other
  • Num Stories: 1
  • Numof Units: 3
  • Stories: 1.0
Multi Family
Multi Family Information
  • Unit Count: 3
Income & Expenses
  • Exp Incl Pool Service: No
Unit Information
Unit 1
  • Appliances: Other
  • Other Equipment: Other Equipment
  • Carport YN: No
  • Garage YN: No
  • Parking Features: Other
  • Currently Leased YN: Yes
  • Lease Expiration: 03-19-2026
  • Lease Term: Month To Month
  • Occupant Type: Tenant
  • Rooms: Kitchen
  • Actual Rent: $1,700.00
  • Baths Full: 2
  • Baths Half: 0
  • Beds Total: 1
  • Efficiency YN: No
  • Furnished: Unfurnished
  • SqFt: 803.0
Unit 2
  • Appliances: Other
  • Other Equipment: Other Equipment
  • Parking Features: Other
  • Currently Leased YN: Yes
  • Lease Expiration: 03-19-2026
  • Lease Term: Month To Month
  • Occupant Type: Tenant
  • Rooms: Kitchen
  • Actual Rent: $1,600.00
  • Baths Full: 2
  • Baths Half: 0
  • Beds Total: 1
  • Furnished: Unfurnished
  • SqFt: 803.0
Unit 3
  • Appliances: Other
  • Parking Features: Other
  • Currently Leased YN: Yes
  • Lease Expiration: 03-19-2026
  • Lease Term: Month To Month
  • Occupant Type: Tenant
  • Rooms: Kitchen
  • Actual Rent: $1,500.00
  • Baths Full: 1
  • Baths Half: 0
  • Beds Total: 1
  • Furnished: Unfurnished
  • SqFt: 654.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets Allowed: Yes, No Restrictions
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $287.61
  • Tenant Pays: None

Property History for 5701 Northwest 15th Street

DateEvent & SourcePriceAppreciation
Mar 19, 2026

Listed (Active)

Beaches MLS #B26004393

$650,000
May 15, 2023

Sold (Public Record)

Public Record #1510916152

$600,000

+7.1% / yr

Jul 30, 2001

Sold (Public Record)

Public Record #76512895

$135,000
DateEvent & SourcePrice
03/19/2026

Listed (Active)

Beaches MLS #B26004393

$650,000
05/15/2023

Sold (Public Record)

Public Record #1510916152

$600,000

+7.1% / yr

07/30/2001

Sold (Public Record)

Public Record #76512895

$135,000

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

Public Records for 5701 Northwest 15th Street

Taxable ValueLand-Additions-Total-
Tax Record2024$13,370 ($1,114 / month)
Home Facts
Total Finished SqFt2,260 SqFtAbove Grade Finished SqFt2,260 SqFtStories1Lot Size7,012 SqFtStyleTriplexYear Built1970Year Renovated1971ZoningRM-8CountyBROWARDAPN49-41-35-06-2030

Schools near 5701 Northwest 15th Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Royal Palm Elementary School
PublicPK to 5

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

Piper High School
Public9 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.

Similar Homes

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5701 Northwest 15th Street is a multi-family home for sale in Lauderhill, FL 33313. This property was listed for sale on March 19, 2026 by Bank On It Realty, it's currently listed at $650,000. It has been on the market for a total of 36 days and was last sold on May 15, 2023. This listing's school district is Broward. Nearby schools include Royal Palm Elementary School, Lauderhill 6-12 STEM-MED Magnet School and Piper High School. 5701 Northwest 15th Street is a 3-bed, 0-bath, 2,260 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bank On It Realty

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.