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
Property Details
Price:
$1,500,000
MLS #:
A11657601
Status:
Active
Beds:
0
Baths:
0
Address:
716 SW 9th Ter
Type:
Multi Family
Subtype:
Duplex
Subdivision:
NEW UTOPIA
Neighborhood:
New Utopia
City:
Fort Lauderdale
Listed Date:
Sep 16, 2024
State:
FL
Finished Sq Ft:
6,108
Total Sq Ft:
6,108
ZIP:
33315
Year Built:
2008
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Schools
Interior
Cooling
Central Air
Flooring
Vinyl, Wood
Heating
Central
Exterior
Architectural Style
Attached
Parking Spots
4
Roof
Barrel Roof, Concrete
Financial
Tax Year
2023
Taxes
$16,226
Map
Community
- Address716 SW 9th Ter Fort Lauderdale FL
- SubdivisionNEW UTOPIA
- CityFort Lauderdale
- CountyBroward County
- Zip Code33315
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Courtesy of Alure Capital. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
716 SW 9th Ter
Fort Lauderdale, FL
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