Fort Lauderdale, FL 33315 716 SW 9th Ter
$1,500,000
9 more
Presented By: This listing is courtesy of Alure Capital;
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 8
Full/Half Baths • 6 / 2
SQFT • 6,108
Home Details
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
Presented By: This listing is courtesy of Alure Capital;
Interior Features for 716 SW 9th Ter
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourceOwner
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl, Wood
Heating Y/NYes
General for 716 SW 9th Ter
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityFort Lauderdale
Construction MaterialsBlock
CoolingCentralAir
CountyBroward
Days on Market3
Electric On Property Y/NNo
Garage Y/NNo
HOA0.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionNEW UTOPIA 8-21 B LOT 19 S1/2, 20 S1/2
LevelsTwo
Lot Size UnitsSquareFeet
MLS Area3740
MLS Area MinorFt Ldale NW(3390-3400;3460;3540-3560;3720;3810)
MobileHomeRemainsYNNo
Net Operating Income81250.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense7559.0
Pool FeaturesNone
PossessionClosingAndFunding
PostalCityFort Lauderdale
Private PoolNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesNone, Sewer, TrashCollection
RoofBarrel, Concrete
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsListedAsIs
Standard StatusActive
StatusActive
Stories2
Subdivision NameNEW UTOPIA
Tax Annual Amount16226.0
Tax Year2023
TermsCash, Conventional
Total Actual Rent105000.0
UtilitiesCableAvailable
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built2008
Year Built DetailsResale
Zoning DescriptionRD-15
Exterior for 716 SW 9th Ter
Building Area Total6108.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesQuarterToHalfAcreLot
Open Parking Y/NNo
SpaNo
Total Parking4.0
Additional Details
Price History
