Fort Lauderdale, FL 33316

Property

Ownership: For Sale
Type: Residential
Pets: No Pets Allowed

Financials

Price:$4,500,000
Annual Taxes:$14,286
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Global Luxury Realty LLC

CORE CORE RESIDENTIAL INVESTMENT.

Description

CORE / CORE+ RESIDENTIAL INVESTMENT. Prime Modern Masterpiece Leased for 3 years .Luxury Residence This property is offered with tenant in place under a full 3-year lease, providing contractual, predictable income with built-in rent escalations. Exceptional opportunity to acquire a fully leased, brand-new luxury single-family residence in the highly desirable Rio Vista neighborhood of Fort Lauderdale. PROPERTY HIGHLIGHTS New construction (2025) Approx. 5,000 SqFt of living area /6600 sqFt total 5 Bedrooms | 5 Bathrooms High-end finishes and modern luxury design Located in Rio Vista, one of Fort Lauderdale’s most established and prestigious neighborhoods Close proximity to downtown, Las Olas, marina district, and beaches INVESTMENT OVERVIEW Tenant in place – full 3-year lease Year 1 rent: USD 21,500/month Year 2 rent: +4% escalation Year 3 rent: +5% escalation Low operational risk INVESTMENT POSITIONING This asset represents a Core / Core+ residential investment, combining: Stable, contractually secured income for the full 3-year lease term Built-in rental growth Capital preservation through prime location and new construction Strong exit liquidity, appealing to both owner-users and investors “You are buying three full years of guaranteed, growing income, with capital preservation and an upside exit — essentially a luxury residential bond with equity optionality.” “A residential bond backed by a brand-new luxury asset in Rio Vista.”

Amenities

  • ElectricityAvailable
  • LessThanOneAcre
  • NaturalGasAvailable
  • SewerAvailable
  • WaterAvailable

Neighborhood

More listings:

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.