1730 NE 7th St #1-5, Fort Lauderdale, FL 33304
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1730 NE 7th St #1-5, Fort Lauderdale, FL 33304
1730 NE 7th St #1-5, Fort Lauderdale, FL 33304
1730 NE 7th St #1-5, Fort Lauderdale, FL 33304
1730 NE 7th St #1-5, Fort Lauderdale, FL 33304
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 2,149,000
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Price Dropped by $100K

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

3,157 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,157 sqft

Price per Sqft $680

MLS Listing ID A11948614

HOA Y/N Yes

Year Built 1961

Annual Tax Amount $26,554

Tax Year 2025

Lot Size 6,633 Sqft

Property Sub-Type Multi Family

Property Description

Prime Victoria Park Multifamily | Legal 5-Unit Turnkey Short-Term Rental Investment
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

State FL

County Broward

Area 3270

Exterior

Private Pool Yes

Others

Tax ID 504202152491

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11948614

Miami Association of Realtors (SEFMIAMI MLS)
Listed by LoKation

NEARBY SCHOOLS & PROPERTIES

Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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1730 NE 7th St #1-5

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