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716 Sw 9th Ter, Fort Lauderdale, FL – $1,350,000

  • $1.4M Price
  • 6,108 Sqft
  • 248 DOM
  • $1.4M Price
  • 6,108 Sqft
  • 248 DOM

716 Sw 9th Ter

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

Essential Information

  • MLS® #A11657601
  • Price$1,350,000
  • Bathrooms0.00
  • Square Footage6,108
  • Year Built2008
  • TypeResidential Income
  • Sub-TypeDuplex
  • StatusActive Under Contract

Community Information

  • Address716 Sw 9th Ter
  • Area3740
  • SubdivisionNEW UTOPIA
  • CityFort Lauderdale
  • CountyBroward
  • StateFL
  • Zip Code33315-1124

Amenities

  • UtilitiesCable Available

Interior

  • InteriorHardwood, Wood, Vinyl
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories2
  • StoriesTwo

Exterior

  • RoofBarrel, Concrete
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofAlure Capital
  • Date ListedSeptember 19th, 2024
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Price Change History for 716 Sw 9th Ter, Fort Lauderdale, FL (MLS® #A11657601)

Date Details Change
Price Reduced from $1,500,000 to $1,350,000 $150,000 (10.00%)