Multifamily in Fort Lauderdale, FL 33315New Utopia, 716 SW 9th Ter #1-2
Share
Closed
6,108
SqFtStatus
Sold - Jul 04, 2025
Size
6,108 SqFt (567 m2)
Price
$201/SqFt ($2,168/m2)
Type
Multifamily
Built
2008
HOA
N/A
MLS Number
A11657601
On Site
722 Days
Updated
14 Days ago
Page Views
0
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
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Hardwood,Vinyl,Wood
- Year Built: 2008
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-09-19T12:43:25.000-00:00
Taxes, Fees & More
- Taxes: 16226
Apples-to-Apples Comparables
Price History
Current
$1.2M
High
$1.5M
Low
$1.2M
Total Change
-18%Date
Event
Price
Change
Price Per
07/04/2025
Sold
$1.2M
0%$201 ft2
$2,168 m2
04/25/2025
Price Reduced
$1.2M
-8.89%$201 ft2
$2,168 m2
04/25/2025
Price Reduced
$1.4M
-10%$221 ft2
$2,379 m2
09/11/2024
Listed
$1.5M
$246 ft2
$2,643 m2
07/04/2025
$1.2M
Event
Sold
Change
0%Price Per
$201 ft2
$2,168 m2
04/25/2025
$1.2M
Event
Price Reduced
Change
-8.89%Price Per
$201 ft2
$2,168 m2
04/25/2025
$1.4M
Event
Price Reduced
Change
-10%Price Per
$221 ft2
$2,379 m2
09/11/2024
$1.5M
Event
Listed
Price Per
$246 ft2
$2,643 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Adam Redolfi • Alure Capital • Buyer Agency Compensation .
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Scores
43
100
40
100
57
100
Community Snapshot
988 - 6,108
SqFt Range
1973
Year Build
3
Total Floors
Subdivision Amenities
Community Kitchen
Controlled Access
Laundry
None
Tarpon River Communities in Fort Lauderdale, FL
High-End
High-End 1
Mid-Tier
Mid-Tier 7
Premium
Premium 2
Entry-Level
Entry-Level 4
Inactive Segment
Inactive Segment 3
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