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1501 NE 7TH Avenue

$1,585,000

1501 NE 7TH Avenue, Fort Lauderdale, FL 33304

Active
Last Updated: 10/28/2026

91,123

NOI

658 sqft

Building Size

Details:
NOI:    $91,123
Building Size:    658 sqft
Units:    4
Year Built:    1973
Floors:    2
Gross Leaseable Area:    658
Highlights:
  • Lot Features: 10 Or More Acre Lot, Corner Lot, Fenced
  • Building Features: Outside Storage
  • Gross Income: 127500
  • Bathrooms Total: 0
  • Documents Available: Copies Of Lease(S)
  • Architectural Style: Two Story
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Ceramic Floor
  • Construction Materials: CBS Construction, Stucco
  • Parking Features: Limited # Of Vehicle
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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