1137 8Th Ter Fort Lauderdale, FL 33315
- Small apartment buildings
Current Use by Public Records
- The Blue House, Fort Lauderdale (Guesthouse) / Guest House
- On Site Plumber & Leak Detection / Plumber / Hvac Contractor
Property Details for 1137 8Th Ter
- Year built
- 1949
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a charming, fully renovated non-conforming triplex located in the heart of Fort Lauderdale, Florida, at 1137 SW 8th Terrace, 33315. Built in 1949, this single-story building comprises three separate one-bedroom units, each boasting modern updates and mini-split AC systems. The front unit offers a unique advantage with its private courtyard and separate entrance. Currently operating as a successful short-term vacation rental under the "Blue House" name (with an active license), this property presents a turnkey solution for immediate income generation. Detailed financial information regarding the business operation is available upon request. The property is conveniently located near the Tarpon River. Seller financing is available. Note that this property is a non-conforming triplex with only one water meter. This property can be purchased independently or in conjunction with the adjacent property at 817 SW 12th Street (sold separately). The asking price for this lucrative investment is $710,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.151337
- Latitude
- 26.1077758
