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716 SW 9th Ter, Fort Lauderdale FL 33315

Multi-family For Sale
$1,500,000

BTC: 17.14285518

ETH: 476.19047619

57 days
0 room(s)
6,108 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Location

Florida • Fort Lauderdale • 33315 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
2008
Lot:
No Data
Heating:
Central
Price/sqft:
$246
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Vinyl

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 504209160120

    • Zoning: RD-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $16,226

  • Source details

    • MLS ID: A11657601

    Other facts

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Attached

    • Living Area: 6108

    • Subdivision Name: NEW UTOPIA

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Alure Capital