716 SW 9th Ter, Fort Lauderdale, 33315

  • $1,500,000

Listing UP for Sale

Fort Lauderdale

716 SW 9th Ter, Fort Lauderdale, 33315

Fort Lauderdale

  • $1,500,000

Overview

Property ID: A11657601
  • Property Type
  • Duplex
  • 6108
  • sqft
  • 2008
  • Year Built

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

  • Address 716 SW 9th Ter
  • City Fort Lauderdale
  • State/county Florida
  • Zip/Postal Code 33315
  • Area Broward County

Details

Updated on September 22, 2024 at 8:00 pm
  • Property ID: A11657601
  • Price: $1,500,000
  • Property Size: 6108 sqft
  • Year Built: 2008
  • Property Type: Duplex
  • Property Status: Listing UP for Sale

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Adam Redolfi
  • Adam Redolfi