716 SW 9th Ter - Prime FLL Income Tri-level Duplex 5,186 SF Specialty Building Offered at $1,350,000 at a 6.02% Cap Rate in Fort Lauderdale, FL 33315

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