$1,350,000 • living size area 6108 sqft
This is a prime investment opportunity in fort lauderdale’s prestigious tarpon river. these two renovated townhouses, luxury multi-level units townhouses over 3,000 square feet of high-end living space, featuring travertine and porcelain flooring, european cabinetry, stainless steel appliances, and granite countertops. the third-floor master suites include private balconies and spa-like bathrooms, providing an elevated living experience. both units are leased to quality tenants at $4,250 & $4,500 per month, delivering a rare 5.7% high yield cap rate in a premium market. as a fully turn-key asset, this property ensures immediate cash flow and low operational risk, positioning it as an attractive addition to any portfolio focused on capital preservation and growth. included 4 parking spaces716 SW 9TH TER, FORT LAUDERDALE, FL 33315
Multi Family - NEW UTOPIA for Sale
716 SW 9TH TER, FORT LAUDERDALE, FL 33315Date Sold 07-04-2025
Sold Price$1,230,000 Asking Price$1,350,000
- Living 6108sqft
- Taxes: Register to see
- Year Built 2008
-
Days on market:
230 day(s) -
Adjusted Area:
6108 sqft Original Price:
$1,500,000-
Price per sqft:
$221.02 Tax Legal Description:
NEW UTOPIA 8-21 B LOT 19 S1/2,20 S1/2Tax Year:
2023-
MLS:
A11657601 -
Property Type:
Multi Family -
Style:
Duplex
Construction Type:
Concrete Block ConstructionRoof:
ConcreteBarrel RoofCooling Description:
Central AirHeating Description:
CentralFloor Description:
WoodVinylLot Features:
1/4 To Less Than 1/2 Acre LotType of Association:
None