716 SW 9th Ter Fort Lauderdale FL 33315 MLS #A11657601

716 SW 9th Ter
Fort Lauderdale, FL, 33315
$1,500,000
Beds
0 Baths
6,108 SqFt
0 Acres
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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

Net Operating Income
$81,250
Tax Year
2023
Taxes
$16,226

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Community

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716 SW 9th Ter
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