716 SW 9th Ter - Specialty FOR SALE


Fort Lauderdale, FL 33315- Tarpon River
$1,350,000 USD
786-328-9237
716 SW 9th Ter, Fort Lauderdale, FL for Sale
$1,350,000 USD
Specialty - FOR SALE
1/23
null | 6.02% Cap Rate

NEW


716 SW 9th Ter
Fort Lauderdale, FL 33315
Tarpon River


OVERVIEW

TWO TTRI-LEVEL TOWNHOUSES FOR 1This 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 high 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 Either you are an end user or an investor This is a prime investment opportunity in Fort Lauderdale’s prestigious Tarpon River. These TWO SEPARATE townhouses multi-level units over 3,000 square feet of living space each , 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. 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. 100% Occupied Tarpon River offers a rare confluence of core urban location, limited supply, and strong demographic growth, making it one of Fort Lauderdale’s most attractive submarkets for real estate investment. Key Drivers: Location: Immediate proximity to Downtown, Brightline station, Las Olas Boulevard, and major employment hubs. Supply Constraints: Infill neighborhood with restricted new development, creating a built-in scarcity premium. Demographics: Influx of affluent professionals and families driving up median incomes and housing demand. Urban Revitalization: Over $500M+ in adjacent public and private projects (Riverwalk expansion, FATVillage redevelopment, flood resiliency infrastructure). Investment Thesis: Tarpon River delivers low vacancy risk, strong asset appreciation, and superior liquidity versus comparable submarkets. It offers a high Sharpe ratio environment ideal for core-plus strategies. Gross Rent Inc: $105,000 Annual NOI: $81,250 Annual Tot Exp: $7,559

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

6.02%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime FLL Income Tri-level Duplex

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

08- Multi-Family

APN/PARCEL ID

50-42-09-16-0120

ASK ABOUT THIS PROPERTY

Adam RedolfiAlure CapitalMore Info
786-328-9237

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Adam RedolfiAlure CapitalMore Info
786-328-9237

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.