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1501 NE 7TH Avenue # 1, Fort Lauderdale FL 33304

Multi-family For Sale
$1,585,000

BTC: 19.93710692

ETH: 672.83324348

New
0 room(s)
658 sqft

Overview

RARE 5-PLEX MULTIFAMILY INVESTMENT OPPORTUNITY IN FORT LAUDERDALE! Ideal for investors and 1031 exchange buyers seeking a renovated income-producing property in Middle River Terrace. UNIQUE FEATURE: Each of the 5 units has its own separate tax parcel ID, individual water and electric meters. Four 1BR/1BA units and one 2BR/2BA, each with in-unit washer/dryer. Upgrades include impact windows, remodeled kitchens and bathrooms, updated flooring, new perimeter fence and second-floor exterior railings. Swimming pool, private outdoor areas, ample off-street parking and NO HOA! Convenient to Las Olas Boulevard, Wilton Manors, Downtown Fort Lauderdale, dining, shopping, and beaches. Strong rental income and long-term investment potential.

Location

Details

Type:
Residential Income
Parking:
Limited # Of Vehicle
Year Built:
1973
Lot:
No Data
Heating:
Central
Price/sqft:
$2,409
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$4,157
2025
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

  • Parking

    • Limited # Of Vehicle

    Property

    • Exterior Features: Open Balcony / Outdoor Shower

    Other Property Information

    • Parcel Number: 494235af0010

    • Zoning: RS-8

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $4,157

  • Source details

    • MLS ID: B26093017

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Lot Features: 10 Or More Acre Lot / Corner Lot / Fenced

    • Patio And Porch Features: Open Balcony / Patio

    • Window Features: Complete Impact Glass

    • Architectural Style: Two Story

    • Living Area: 658

    • Water Source: Public

    • Subdivision Name: TERRACE CONDOS INC

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman