1501 NE 7th Ave Unit 1

Fort Lauderdale, FL 33304
  • $1,585,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 658

    SqFt

About the Listing DGEF04 - 3306808

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.

Listing Highlights for 1501 NE 7th Ave Unit 1

Status Active
Days on Site 8
Property Type Multi-Family
MLS ® B26093017
Year Built 1973
Total Square Footage 658
Lot/Acreage 4819
County Broward
Area 3370
Elementary School North Side
Middle School Sunrise
High School Fort Lauderdale

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Ceramic Tile
  • Basement:
  • Other: Pets Allowed
  • Water: Multiple Meters,Public

Exterior Details

  • Lot Description: Corner Lot
  • Garage Capacity: N/A
  • Parking Spaces: 10
  • Lot Dimensions: 4819
  • Zoning: RS-8
  • Roof: Spanish Tile,Tile
  • Others: Balcony,Outdoor Living Area,Outdoor Shower,Storage
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $4,158
  • Taxes w/Assessments: $195,330
  • Tax/Property ID: 494235af0010
  • Tax Year: 2025

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1501 NE 7th Ave Unit 1 Fort Lauderdale, FL 33304

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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