$1,585,000

New listing

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

658 sq ftBuilt 1973MLS# B26093017

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About this property

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.

Property details

Property type
Multi-family
Year built
1973
Living area
658 sq ft
Price per sq ft
$2,409
HOA fee
/mo
Property taxes
$4,157/yr
Floors in building
2
Building / community
Terrace Condos Inc
Status
New listing
MLS #
B26093017

Listing courtesy of Douglas Elliman.

Location

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