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1730 NE 7th St unit 1-5, Fort Lauderdale FL 33304

Multi-family For Sale
$2,149,000

BTC: 36.73504274

ETH: 1,347.59733867

1 days
0 room(s)
3,157 sqft

Overview

-LEGAL 5 UNITS: Turnkey Short-Term Rental Investment in Prime Victoria Park. Multifamily Rare opportunity to acquire a legal 5-unit multifamily building in the heart of Victoria Park, one of Fort Lauderdale’s most desirable and supply-constrained neighborhoods. RCs-15 zoning severely restricts new multifamily construction, making existing income-producing properties like this increasingly rare and difficult to replace. This two-story building features a strong unit mix with 3 large 1-bedroom units, 1 spacious studio, and 1 very large 2-bedS/ 1-bath unit. All 5 legal units were fully renovated in 2024, including updated kitchens, bathrooms, flooring, and comprehensive interior upgrades. Full impact windows are installed throughout all units, enhancing safety, insurability, and long-term value. The property generated over $180,000 in gross income in 2025 and is currently operated as a short-term rental business. The existing short-term rental operation is included in the sale, and the property is offered fully furnished and equipped, allowing immediate continuation of operations upon closing. Additional features include a 6,633 SF lot, 6 on-site parking spaces, a separate exterior coin-operated laundry room, and six individual electrical meters (1 per legal unit) plus an additional house meter. A true turnkey, legal multifamily investment in a prime location where new commercial and multifamily development is no longer permitted, supporting long-term cash flow and appreciation.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1960
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$681
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,295,000
$1.0M – $2.2M
Confidence Low
List vs. estimate
$854K above estimate
List $2,149,000 · +65.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$680
+66.3% vs. city median $409
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$26,554
2025
Parking
6 spaces
All facts and features
  • Flooring

    • Vinyl

    • Wood

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 504202152491

    • Zoning: RCS-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $26,554

  • Source details

    • MLS ID: A12044962

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 3157

    • Subdivision Name: VICTORIA PARK CORR AMEN P

Private inquiry
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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: LoKation