Active
716 SW 9th Ter
Fort Lauderdale FL, 33315
$1,500,000
$245.58 per sqft
Active
6,108 sqft
Multi-family
Built in 2008
This is a prime investment opportunity in Fort Lauderdale's prestigious Tarpon River. These two renovated townhouses, luxury multi-level units townhouses over 3,000 square feet of high-end living space, featuring travertine and porcelain flooring, European cabinetry, stainless steel appliances, and granite countertops. The third-floor master suites include private balconies and spa-like bathrooms, providing an elevated living experience. Both units are leased to quality tenants at $4,250 & $4,500 per month, delivering a rare 5.7% high yield cap rate in a premium market. As a fully turn-key asset, this property ensures immediate cash flow and low operational risk, positioning it as an attractive addition to any portfolio focused on capital preservation and growth. Included 4 parking spaces
A11657601
MLSⓇ ID
September 16, 2024
Listed
November 21, 2024
Updated
Map
716 SW 9th Ter
Fort Lauderdale FL, 33315
Interior Features
Total Stories
2
Floor Description
Vinyl, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Features
1/4 To Less Than 1/2 Acre Lot
Architectual Style
Attached
Roof
Barrel Roof, Concrete
Sewer
Public Sewer
Other Property Details
Area Name
New Utopia
Taxes
$16,226
Tax Frequency
Annually
Days on Market
3
Garage
No
Parking Total
4
View
No
County
Broward County
Pool
No
Zoning
RD-15
Listed by: Alure Capital
Listing Contact: 786-328-9237
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated 11:40 PM UTC, 11/21/2024.