1501 NE 7TH Avenue # 1, Fort Lauderdale FL 33304 | Broward County | B26093017
- $1,585,000
- $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.
Have a question about this Fort Lauderdale listing?
Talk directly with Christopher Lazaro, your Fort Lauderdale real estate advisor. No pressure — real answers.
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
Open on Google Maps-
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
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees