Property Description

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

Features
: Central
: Central Air
: 4
: Wood, Vinyl
: 1/4 To Less Than 1/2 Acre Lot
: Concrete, Barrel Roof
: Public Sewer
Address Map
FL
Broward County
Fort Lauderdale
33315
716 SW 9th Ter
NEW UTOPIA
0
W81° 50' 46.3''
N26° 6' 43.5''
NEW UTOPIA
MLS Addon
: Attached
3
: All Cash, Conventional
: Sewer, Trash Collection, None
2
: Duplex
$16,226
2023
RD-15

Residential Income For Sale

716 SW 9th Ter, Fort Lauderdale, Florida 33315

6,108 Sqft
$1,500,000
Listing ID #A11657601
Basic Details
Property Type : Residential Income
Property SubType : Duplex
Listing Type : For Sale
Listing ID : A11657601
Price : $1,500,000
Square Footage : 6,108 Sqft
Year Built : 2008
Building Area : 6,108 Sqft
Status : Active
Agent info
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