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

Fort Lauderdale
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
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:6 day(s) ago
  • Updated:November 02, 2026 at 12:24 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
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. RMLS Member Broker: Gene Whiddon III <gwhiddon@bhgfirst.com>

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