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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

716 SW 9TH TER, FORT LAUDERDALE, FL 33315

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Multi Family - NEW UTOPIA for Sale

716 SW 9TH TER, FORT LAUDERDALE, FL 33315

Asking Price$1,500,000

  • Days on market:

    3 day(s)
  • Adjusted Area:

    6108 sqft
  • Original Price:

    $1,500,000
  • Price per sqft:

    $245.58
  • Tax Legal Description:

    NEW UTOPIA 8-21 B LOT 19 S1/2,20 S1/2
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Style:

    Duplex
  • Construction Type:

    Concrete Block Construction
  • Roof:

    ConcreteBarrel Roof
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    WoodVinyl
  • Lot Features:

    1/4 To Less Than 1/2 Acre Lot
  • Type of Association:

    None

Description

$1,500,000 • 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 spaces

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