$559,000

1137 SW 8th Ter

Fort Lauderdale FL, 33315

Description

Great opportunity to own a Turnkey investment in the heart of desirable Tarpon River. Three separate 1 bedroom units make up this non-conforming triplex. All units have fully updated kitchens. Front unit has a separate entrance with a private courtyard. New roof, impact windows installed in 2020. Mini-split AC systems in all units. Gas HWS. 200A electric service. PVC pipes throughout. Property has an active vacation rental license in place and is operating as the "Blue House" with adjacent property at 817 SW 12th Street -separate listing. Property can be purchased separate or combined. Currently all units are rented on a month-month basis with GMR $4500 per property. Can easily be converted back to short term/AirBnB operation. Financials for business operation available on request.

Details

MLS#A10982311
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1950
Days On Site83

Features

SQ Feet1,596
Story(s)1
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Area Information
StateFL
CountyBroward County
CityFort Lauderdale
Zip Code33315
Area3470
Community NameVINIK NO 2
Listing VS Median (in VINIK NO 2)
Price:
$559,000
low | high
Med:
$464,500
66.90518783542% of Average
SqFt:
1,596
low | high
Med:
1,389
63.001253132832% of Average
$ / SqFt:
$350
low | high
Med:
$332
55.275766117977% of Average
On Site:
83
low | high
Med:
108
76.851851851852% of Average
Sourced by Back At You
Listing Updated: April 20, 2021 3:46:10 AM PDT
Erin Marvasti LogoMLS Number: A10982311
Listing Provided By:
Erin Marvasti  of  Reaction Realty Group Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®