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

Fort Lauderdale
Local realty services provided by:Atlantic Shores Realty Expertise ERA Powered
1501 NE 7th Avenue #1,Fort Lauderdale, FL 33304
$1,585,000
Virtual Tour
  • - Beds
  • - Baths
  • 658 sq. ft.
  • Multi-family
  • Active
Listed by: andres zapata
Office: douglas elliman
MLS#:B26093017
Source:RMLS

Price summary

  • Price:$1,585,000
  • Price per sq. ft.:$2,408.81

About this home

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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Home facts

  • Year built:1973
  • Subdivision & Development:TERRACE CONDOS INC
  • Listing ID #:B26093017
  • Added:1 day(s) ago
  • Updated:October 28, 2026 at 03:34 PM

Rooms and interior

  • Flooring:Ceramic Tile
  • Living area:658 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Spanish Tile, Tile
  • Year built:1973
  • Building area:658 sq. ft.
  • Construction Materials:Block, Stucco
  • Exterior Features:Open, Outdoor Shower, Patio

Schools

  • High school:Fort Lauderdale
  • Middle school:Sunrise
  • Elementary school:North Side

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,585,000
  • Price per sq. ft.:$2,408.81
  • Tax amount:$4,158 (2025)

Parking

  • Total parking spaces:10
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