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
3
MLS#
B26093017
Year Built
1973
Living Area
658
MLS Area Major
3370

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.

Additional Information

Taxes
$4,157
Zoning
RS-8
Utilities
Electricity Available, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
CBS (Concrete Block Structure), Block, Stucco
Roof
Spanish Tile, Tile
Foundation
Block
Elementary School
North Side
Middle School
Sunrise
High School
Fort Lauderdale

Listing courtesy of Douglas Elliman. Contact:

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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.


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