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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716 SW 9th Ter
Fort Lauderdale, FL
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