317 9th Ave ,Detached, Triplex, Waverly Place for Sale

317 9th Ave for Sale

Price $980,000.00

• Lot size 1820
• Year Build 1962
• Waterfront
• Zip 33312
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Investor Special in Sailboat Bend! Discover an incredible opportunity to own a unique income-producing triplex in one of Fort Lauderdale?s most desirable historic neighborhoods?just minutes from Las Olas Blvd and Downtown. Previously branded as ?Las Olas Cabanas,? this fully furnished property features three stylish units with stainless steel appliances, in-unit washer/dryers, smart TVs, and outdoor spaces. The bright upstairs unit is guest-ready with a large deck and hammock chair. The two lower units require interior renovation due to water damage. Offered as-is, this is a perfect value-add opportunity to restore and maximize income. Grossed over $10K/month in short-term rentals during peak 2024. Walk to Riverwalk, Cooley?s Landing, and more!

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11796112 Property is being sold as-is. The two lower units experienced flooding during the recent Fort Lauderdale rain event. The owner has filed an insurance claim and is awaiting resolution; however, they are wishing to sell now instead of completing repairs. This is a value-add opportunity to restore two units and return to full income-producing operation. All units were previously active short-term rentals under the name ?Las Olas Cabanas.? Buyer to verify income potential and perform due diligence. No repairs will be made prior to closing.

WAVERLY PLACE 2-19 D LOT 1 N 40,3 N 40,LOT 5 E 15 OF N 40 BLK 106

Less Than 1/4 Acre Lot

Investor Special in Sailboat Bend! Discover an incredible opportunity to own a unique income-producing triplex in one of Fort Lauderdale?s most desirable historic neighborhoods?just minutes from Las Olas Blvd and Downtown. Previously branded as ?Las Olas Cabanas,? this fully furnished property features three stylish units with stainless steel appliances, in-unit washer/dryers, smart TVs, and outdoor spaces. The bright upstairs unit is guest-ready with a large deck and hammock chair. The two lower units require interior renovation due to water damage. Offered as-is, this is a perfect value-add opportunity to restore and maximize income. Grossed over $10K/month in short-term rentals during peak 2024. Walk to Riverwalk, Cooley?s Landing, and more!

City:Fort Lauderdale,Zoning:RML-25,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Latitude:26.1181787,Cooling Y N:1,Heating Y N:1,List Price:980000,Listing Id:A11796112,Longitude:-80.15356,Mls Status:Active,Year Built:1962,Living Area:1820,Postal Code:33312,Street Name:9th Ave,Coordinates:1:26.1181787,Photos Count:22,Building Name:WAVERLY PLACE,Days On Market:1,Listing Terms:1:Conventional,2:FHA 203K,3:VA Loan,Lot Size Units:Square Feet,M I A M I R E_ Area:3312,M L S Area Major:Waverly Place,On Market Date:2025-05-03,Parcel Number:504209090470,Parking Total:6,Property Type:Residential Income,Stories Total:2,Street Number:317,M I A M I R E_ Style:Triplex,Public Remarks:Investor Special in Sailboat Bend! Discover an incredible opportunity to own a unique income-producing triplex in one of Fort Lauderdale?s most desirable historic neighborhoods?just minutes from Las Olas Blvd and Downtown. Previously branded as ?Las Olas Cabanas,? this fully furnished property features three stylish units with stainless steel appliances, in-unit washer/dryers, smart TVs, and outdoor spaces. The bright upstairs unit is guest-ready with a large deck and hammock chair. The two lower units require interior renovation due to water damage. Offered as-is, this is a perfect value-add opportunity to restore and maximize income. Grossed over $10K/month in short-term rentals during peak 2024. Walk to Riverwalk, Cooley?s Landing, and more!,County Or Parish:Broward County,List Office Name:Miami Real Estate Agency,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:WAVERLY PLACE,Tax Annual Amount:18875,Unparsed Address:317 SW 9th Ave, Fort Lauderdale FL 33312,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:1820,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:538.4615,Original List Price:980000,Public Survey Range:50,I D X Participation Y N:1,Number Of Units Total:3,Syndication Remarks:Investor Special in Sailboat Bend! Discover an incredible opportunity to own a unique income-producing triplex in one of Fort Lauderdale?s most desirable historic neighborhoods?just minutes from Las Olas Blvd and Downtown. Previously branded as ?Las Olas Cabanas,? this fully furnished property features three stylish units with stainless steel appliances, in-unit washer/dryers, smart TVs, and outdoor spaces. The bright upstairs unit is guest-ready with a large deck and hammock chair. The two lower units require interior renovation due to water damage. Offered as-is, this is a perfect value-add opportunity to restore and maximize income. Grossed over $10K/month in short-term rentals during peak 2024. Walk to Riverwalk, Cooley?s Landing, and more!,Listing Contract Date:2025-05-03,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:317,Tax Legal Description:WAVERLY PLACE 2-19 D LOT 1 N 40,3 N 40,LOT 5 E 15 OF N 40 BLK 106,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1820,M I A M I R E_ Internet Remarks:Triplex in Sailboat Bend! One unit ready, two need full reno. Airbnb grossed $10K+/mo in 2024. Walk to Las Olas, Riverwalk & more. Sold as-is.,Contract Status Change Date:2025-05-03,Internet Address Display Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:538.46,Internet Automated Valuation Display Y N:1,