716 Southwest 9th Terrace

Fort Lauderdale, FL 33315

$1,500,000
Price
Beds
6,108 Sq. Ft.
$246 / Sq. Ft.
6,108
Sq. Ft.
$246
per Sq. Ft.

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
  1. Listed by Adam Redolfi • Alure Capital

Property Details for 716 Southwest 9th Terrace

Subdivision
NEW UTOPIA
Style
Duplex
Waterfront
No
Area
3740
Geographic Area
Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Auction
No
Num Stories
2
Sq Ft Total
6108
LISTING UPDATED: 09/21/2024 12:15 AM

Property Details for 716 Southwest 9th Terrace

StatusActive
MLS #A11657601
Days on Market97
Taxes$16,226 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Duplex
Year Built2008
Lot Size0.14 AC / 5,911 SF
CountyBroward 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

Location Information
Location Information
  • Parcel Number Free Text: 504209160120
  • Parcel Number MLX: 0120
  • MLS Area: 3740
  • Municipal Code: 50
  • Township Range: 42
  • Section: 9
  • Subdivision Number: 16
  • Subdivision Complex Bldg: NEW UTOPIA
  • Unit Count: 2
  • Zoning Information: RD-15
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Attached
  • Approximate Lot Size: 5911
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Barrel Roof, Concrete Roof
  • Flooring: Vinyl Floors, Wood Floors
  • Floor Description: Vinyl Floors, Wood Floors
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: None, Sewer, Trash Removal
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Homestead Tax
  • Special Information: As Is
  • Information Available: Accounting Statements, Deposit - Last Months Rent, Deposit - Security, Investment Analysis, Rent Rolls

Property History for 716 Southwest 9th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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716 Southwest 9th Terrace is a multi-family home for sale in Fort Lauderdale, FL 33315. This property was listed for sale on September 16, 2024 by Alure Capital, it's currently listed at $1,500,000. This listing's school district is Broward. Nearby schools include Croissant Park Elementary School, New River Middle School and Stranahan High School. 716 Southwest 9th Terrace is a 0-bed, 0-bath, 6,108 sqft multi-family home built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alure Capital

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.