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1501 NE 7TH Avenue 1 Fort Lauderdale, FL $ 1,585,000
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1501 NE 7TH Avenue 1
$ 1,585,000
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1501 NE 7TH Avenue 1

Fort Lauderdale, FL, 33304
$ 1,585,000
Bedrooms-- Baths0.0 Sq 658

Monthly Estimate*

$ 10,947

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Multi-Family Home for sale in Fort Lauderdale, FL

for $1,585,000. This 658 square foot home was built in 1973.

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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Multi-Family Active

Price

$ 1,585,000

Property Type

Multi-Family

Taxes

$ 4,157

Style

Year Built

1973

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

B26093017
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Sewer Connected Water Connected
Possession Close Of Escrow
Roof Spanish Tile Tile
HOA Fee 0
Patio/Porch Features Open Patio Balcony
Construction Materials CBS (Concrete Block Structure) Block Stucco
Pets Allowed Cats OK Dogs OK No Pet Restrictions Pet Fee Yes
Year Built 1973
Tenant Pays Electricity Water
Stories Count 2
Levels Two
Unit Number 1
Property Subtype Quadruplex
Tax Year 2025
Gross Income 127500
Accessibility None
County Broward
Net Operating Income 91123
Operating Expense 36377
New Construction false
Property Type Residential Income
Subdivision Name TERRACE CONDOS INC
Status Active
High School Fort Lauderdale
City Fort Lauderdale
Disclosures Owner Is Listing Agent
Senior Community Y/N false
Number Of Units Total 4
MLS Area 3370
Spa Features In Ground
Elementary School North Side
Land Lease Y/N false
Tax Annual Amount 4157.94
Middle/Junior High School Sunrise
Property Condition Resale
MLS Area Minor FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Virtual Tour https://www.propertypanorama.com/1501-NE-7TH-Avenue-Unit-1-Fort-Lauderdale-FL-33304--B26093017/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description THE TERRACE CONDOS INC UNIT 1 PER CDO BK/PG: 39000/1108
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Interior
Flooring Ceramic Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s)
Total Baths 0
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Exterior
Private Pool false
Exterior Amenities Balcony Outdoor Living Area Outdoor Shower Storage
Fencing Back Yard Fenced Gate Wood
Lot Features Corner Lot
Water Source Multiple Meters Public
Total Parking 10
Foundation Details Block
Spa true
Building Area Total 658
Lot Dimensions 4819
Waterfront Y/N false
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* Excluded Features
List By
Andres Zapata

Listing Agent

Affordability Calculator

$11,294
Per Month
97%
3%
0%
Monthly Principal & Interest
$10,947
Monthly Property Taxes
$346
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4678045 Elementary School
4205704 Middle School
Fort Lauderdale High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/27/2026$1,585,000 Listed Price

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1501 NE 7TH Avenue 1, Fort Lauderdale, FL, 33304 is a Multi-Family Home for sale at $1,585,000 with 658 sqft. 1501 NE 7TH Avenue 1 has 0.0 baths and was built in 1973. The property's zip code is 33304 which is in Fort Lauderdale, FL

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