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1137 SW 8th Terrace, Fort Lauderdale, FL 33315
$725,000
1137 SW 8th Terrace, Fort Lauderdale, FL 33315View this property at 1137 SW 8th Terrace, Fort Lauderdale, FL 33315
1137 SW 8th TerraceFort LauderdaleFL33315
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Property Description
Great opportunity to own a Turnkey investment in the heart of Tarpon River. Three separate 1 bedroom units make up this non-conforming triplex. All units have been fully updated. Front unit has a separate entrance with a private courtyard. Mini-split AC systems in all units. 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 as short-term rentals. Financials for business operation available on request. Seller Financing Available! NON-CONFORMING TRIPLEX! 1 METER ONLY!
Full Property Details
Full Property Details for 1137 SW 8th Terrace
General
- Price: $725,000
- Taxes: $10,095 (2023)
- Status: Active
- Type: Triplex
- MLS ID: A11511694
- Updated: 1/25/2024
- Added to Site: 140 day(s) ago
Rental Information
- Rent Includes: Cable TV
Interior
- Flooring: Tile
Parking
- Total Spaces: 5
Location
- Area: Vinik No 2
- County: Broward County
- Subdivision: VINIK NO 2
- Building Name: VINIK NO 2
Community
- Community Name: Vinik No 2
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Window/Wall
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached
- Structure Type: Triplex
- Detached/Attached: Detached
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1680
- Square Feet: 1,596
- Living Area: 1,596 Sq. Ft.
- Year Built: 1949
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: RD-15
Financial Considerations
- Price Per Sq. Ft.: $454.26
- Tax Amount: $10,095
- Tax Year: 2023
- Terms: Cash, Owner Will Carry
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Documents Avail.: None
- Legal Description: VINIK NO 2 25-33 B LOT 14 BLK 2
- Property ID: 504210740370
Listed by EXP Realty, LLC
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Schools
Schools serving 1137 SW 8th Terrace
School District:Broward County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1800 Sw 4th Ave, Ft Lauderdale, FL 33315 | PK-5 | 0.7 mi | |
3100 Riverland Rd, Ft Lauderdale, FL 33312 | 6-8 | 2.5 mi | |
1800 Sw 5th Pl, Ft Lauderdale, FL 33312 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1137 SW 8th Terrace
Date
Details
Price
Change
Source
1/12/2024
Listed
$725,000
45.73%
MLS
4/14/2021
Sold
$497,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1137 SW 8th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,807
40%
$541,260
37%
2021
$7,723
-23%
$395,550
-23%
2022
$10,095
31%
$513,690
49%
2021
$7,723
1%
$345,820
-13%
2019
$7,673
32%
$396,130
41%
2018
$5,824
12%
$281,300
-3%
2017
$5,215
6%
$291,490
10%
2016
$4,910
3%
$265,050
25%
2015
$4,760
14%
$211,360
10%
2014
$4,187
7%
$192,150
10%
2013
$3,895
—
$174,690
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1137 SW 8th Terrace
1137 SW 8th Terrace, Fort Lauderdale, FL 33315 (MLS# A11511694) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1137 SW 8th Terrace is currently listed for $725,000 and was received on January 12, 2024. Want to learn more about 1137 SW 8th Terrace? Do you have questions about finding other Triplex real estate for sale in Tarpon River? You can browse all Tarpon River real estate or contact a Coldwell Banker agent to request more information.