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1501 Ne 7th Avenue Unit #1, Fort Lauderdale, FL 33304

$1,585,000
658
SqFt
Property Back to Market Report Property
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List Price
$1,585,000
MLS
B26093017
Status
ACTIVE
Type
Multifamily
Living Area
658
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305-600-1278

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.

305-600-1278
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Additional Information

Days on Market
2
Style
Fourplex
Exterior Features
Open Balcony, Outdoor Shower
Year Built
1973
Development Name
Terrace Condos Inc
#Stories
2
Construction Type
CBS Construction, Stucco
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Listing Courtesy of Douglas Elliman, Contact: