716 SW 9th Ter Fort Lauderdale, FL $ 1,500,000
716 SW 9th Ter
$ 1,500,000
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716 SW 9th Ter

Fort Lauderdale, FL, 33315
$ 1,500,000
Bedrooms8 Baths6.2 Sq 6,108

Monthly Estimate*

$ 8,984

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Multi-Family Home for sale in Fort Lauderdale, FL

for $1,500,000 with 8 bedrooms and 6 full baths, 2 half baths. This 6,108 square foot home was built in 2008.

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

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

8

Full Bath

6

Half Bath

2

Property Type

Multi-Family

Taxes

$ 16,226

Style

Duplex

Year Built

2008

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A11657601

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableAvailable
Possession ClosingFunding
Roof Barrel Concrete
HOA 0.0
Pool Features None
Construction Materials Block
Year Built 2008
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2023
County Broward
Net Operating Income 81250.0
Operating Expense 7559.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Subdivision Name NEW UTOPIA
Garage Y/N N
Rent Includes None Sewer TrashCollection
Special Listing Conditions ListedAsIs
Status Active
City Fort Lauderdale
View Y/N N
Senior Community Y/N N
Zoning Description RD-15
MLS Area 3740
Lot Size Units SquareFeet
Private Pool N
Waterfront Y/N N
Carport Y/N N
Terms Cash Conventional
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 16226.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11657601
Days on Market 3
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 105000.0
Property Sub Type Additional Duplex
Legal Description NEW UTOPIA 8-21 B LOT 19 S1/2 20 S1/2
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Interior
Flooring Vinyl Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Item14to12AcreLot
Total Parking 4.0
Spa N
Building Area Total 6108.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 716
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* Excluded Features
List By
Alure Capital

Broker

adam.redolfi@gmail.com

Email

Affordability Calculator

$10,336
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,984
Monthly Property Taxes
$1,352
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2024$1,500,000 Listed Price

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716 SW 9th Ter, Fort Lauderdale, FL, 33315 is a Multi-Family Home for sale at $1,500,000 with 6,108 sqft. 716 SW 9th Ter has 8 bedrooms, 6.2 baths, and was built in 2008. The property's zip code is 33315 which is in Fort Lauderdale, FL