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Sunshine Villas

$699,900

5311 NW 16th St, Sunrise, FL 33313

Active
Last Updated: 07/21/2026

2,250 sqft

Building Size

3

Units

Details:
Building Size:    2,250 sqft
Units:    3
Year Built:    1969
Floors:    1
Parking Spots:    6
Gross Leaseable Area:    2,250
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: None
  • Architectural Style: Attached
  • Cooling: Wall/Window Unit(s)
  • Heating: Window/Wall
  • Flooring: Tile
  • Construction Materials: Concrete Block Construction
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 ideal addition for investors looking to grow their real estate portfolio and increase long-term returns.

Map:
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