1501 NE 7TH Avenue #1

Fort Lauderdale, FL 33304
Square Ft.
658
$1,585,000
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… Read MoreRead Less
Courtesy of Douglas Elliman 954-874-0740
Listing Snapshot
Days Online
6
Last Updated
Property Type
Quadruplex
Square Ft.
658
Year Built
1973
MLS Number
B26093017
Map PlaceholderProperty Location Map
Additional Details
Building
Built in 1973, Living area: 658.0, 2 stories, Levels: Two, Construction Materials: CBS, Stucco
Community
4 units in community
Cooling
Central Air
Expenses
Operating: $36,377
Exterior Features
Patio/Porch Features: Patio, Patio - Open, Balcony, Outdoor Shower, Storage
Fence
Back Yard, Fenced, Gate, Wood
Floors
Ceramic Tile
Foundation
Block
Heating
Central
Home Owner's Association
Association Fee: $0
Income
Gross Income: $127,500, Net Operating Income: $91,123
Lot
Dimensions: 4819, Corner Lot
Pets Policy
Allowed: Yes, Cats OK, Dogs OK, No Restrictions
Property
Resale
Roof
Spanish Tile, Tile
Sewer
Public Sewer
Taxes
Parcel Number: 494235af0010, Annual Amount: $4,157.94, Assessed Value: $195,330, Legal Description: THE TERRACE CONDOS INC UNIT 1 PER CDO BK/PG: 39000/1108, Year: 2025, Zoning: RS-8
Tenant Pays
Electricity, Water
Utilities
Electricity Available, Sewer Connected, Water Connected, Water Source: Public, 6 separate electric meters, 6 separate water meters
Windows
Storm Window(s)
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Parks Morgan
Realtor
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.