Sunshine Villas
$699,900
5311 NW 16th St, Sunrise, FL 33313
For Sale
Multifamily
Duplex / Triplex / Fourplex
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.
Location
Gallery