716 Southwest 9th Terrace
$1,500,000
—
6,108
6,108
$246
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...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
- Listed by Adam Redolfi • Alure Capital
Property Details for 716 Southwest 9th Terrace
Subdivision
NEW UTOPIA
StyleDuplex
WaterfrontNo
Area3740
Geographic AreaFt Ldale NW(3390-3400;3460;3540-3560;3720;3810)
AuctionNo
Num Stories2
Sq Ft Total6108
LISTING UPDATED: 09/21/2024 12:15 AM
Property Details for 716 Southwest 9th Terrace
Status | Active |
---|---|
MLS # | A11657601 |
Days on Market | 97 |
Taxes | $16,226 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family Income / Duplex |
Year Built | 2008 |
Lot Size | 0.14 AC / 5,911 SF |
County | Broward County |
Building Information for 716 Southwest 9th Terrace
Stories-Residences-Year Built2008Building Size-Lot Size0.14 AC / 5,911 SF
Property Information for 716 Southwest 9th Terrace
Property History for 716 Southwest 9th Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 716 Southwest 9th Terrace
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Croissant Park Elementary School PublicPK to 5 | ||
New River Middle School Public6 to 8 | ||
Stranahan High School Public9 to 12 | ||
Charter School Of Excellence CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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