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

$1,585,000
658
SqFt
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List Price
$1,585,000
Days on Market
1
MLS#
B26093017
Sq. Ft
658
Subtype
Quadruplex
County
Broward
Subdivision
Terrace Condos Inc
Year Built
1973
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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.

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Additional Information

Pets Allowed
Cats OK, Dogs OK, No Pet Restrictions, Pet Fee, Yes
Construction
CBS (Concrete Block Structure), Block, Stucco
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central
Restrict
Limited Number Vehicles, Okay to Lease 1st Year, OK To Lease, Short Term Rentals Allowed
Roof
Spanish Tile, Tile
Taxes
$4,157
Utilities
Electricity Available, Sewer Connected, Water Connected
Stories
2
Price Per Sqft
$2,408
Elementary School
North Side
Middle School
Sunrise
High School
Fort Lauderdale
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Listing courtesy of Douglas Elliman. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Andres Zapata | Email: andreszp777@gmail.com