10
  • 0
  • Bathroom
  • 658 Sq Ft
  • Area Size
1501 NE 7TH Avenue # 1, Fort Lauderdale FL 33304 | Broward County | B26093017
  • $1,585,000

Description

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.

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This listing is courtesy of Douglas Elliman.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 7TH
  • City: Fort Lauderdale
  • Zip/Postal Code: 33304

Details

Updated on November 2, 2026 at 9:39 am
  • Property ID B26093017
  • Price $1,585,000
  • Property Size 658 Sq Ft
  • Bathroom 0
  • Year Built 1973
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air
  • Heating Central
  • Tax Year 2025
  • Flooring Ceramic Floor
  • High School Fort Lauderdale
  • Unit Number 1
  • Listing Terms All Cash, Conventional, Exchange
  • Area Terrace Condos Inc
  • Total Stories 2
  • Waterfront No
  • Association No
  • Private Pool No
  • Structure Type Fourplex
  • Association Fee 0
  • Parking Limited # Of Vehicle
  • Subdivision TERRACE CONDOS INC
  • Annual Tax 4157
  • Elementary School North Side
  • Year Built Details Resale
  • Building Area 658
  • Lot Size (Sq Ft) 0
  • New Construction No
  • Restrictions Daily Rentals Allowed
  • Middle School Sunrise
  • Construction CBS Construction, Stucco
  • Patio / Porch Open Balcony, Patio

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Christopher Lazaro

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