1501 NE 7TH AVE #1, Fort Lauderdale, FL 33304
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1501 NE 7TH AVE #1, Fort Lauderdale, FL 33304
1501 NE 7TH AVE #1, Fort Lauderdale, FL 33304
1501 NE 7TH AVE #1, Fort Lauderdale, FL 33304
1501 NE 7TH AVE #1, Fort Lauderdale, FL 33304
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1501 NE 7TH AVE #1 Fort Lauderdale, FL 33304

658 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 658 sqft

Price per Sqft $2,408

Subdivision Terrace Condos Inc

MLS Listing ID B26093017

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 658

Year Built 1973

Annual Tax Amount $4,157

Tax Year 2025

Property Sub-Type Quadruplex

Property 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.

Location

State FL

County Broward

Area 3370

Zoning RS-8

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Fireplace No

Window Features Storm Window(s)

Exterior

Exterior Feature Balcony, Outdoor Living Area, Outdoor Shower, Storage

Fence Back Yard, Fenced, Gate, Wood

Utilities Available Electricity Available, Sewer Connected, Water Connected

Water Access Desc Multiple Meters,Public

Roof Type Spanish Tile,Tile

Accessibility None

Porch Open, Patio, Balcony

Total Parking Spaces 10

Private Pool No

Building

Lot Description Corner Lot

Dwelling Type Multi Family

Story 2

Entry Level Two

Foundation Block

Sewer Public Sewer

Water Multiple Meters, Public

Level or Stories Two

Structure Type CBS (Concrete Block Structure),Block,Stucco

New Construction No

Construction Status Resale

Schools

Elementary Schools North Side

Middle Schools Sunrise

High Schools Fort Lauderdale

Others

Senior Community No

Restrictions Limited Number Vehicles,Okay to Lease 1st Year,OK To Lease,Short Term Rentals Allowed

Tax ID 494235af0010

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK, No Pet Restrictions, Pet Fee, Yes


BeachesMLS, Inc. (FLR) IDX
Listed by Andres Zapata Douglas Elliman

NEARBY SCHOOLS & PROPERTIES

Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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1501 NE 7TH AVE #1