1730 Ne 7th St Unit 1-5, Fort Lauderdale, FL 33304
- $2,149,000
- 3,157
- SqFt
- List Price
- $2,149,000
- MLS#
- A12044962
- Sq. Ft
- 3,157
- Subtype
- Quadruplex
- County
- Broward
- Community
- Victoria Park Corr Amen P
- Subdivision
- Victoria Park Corr Amen P
- Year Built
- 1960
Property Description
-LEGAL 5 UNITS: Turnkey Short-Term Rental Investment in Prime Victoria Park. Multifamily Rare opportunity to acquire a legal 5-unit multifamily building in the heart of Victoria Park, one of Fort Lauderdale’s most desirable and supply-constrained neighborhoods. RCs-15 zoning severely restricts new multifamily construction, making existing income-producing properties like this increasingly rare and difficult to replace. This two-story building features a strong unit mix with 3 large 1-bedroom units, 1 spacious studio, and 1 very large 2-bedS/ 1-bath unit. All 5 legal units were fully renovated in 2024, including updated kitchens, bathrooms, flooring, and comprehensive interior upgrades. Full impact windows are installed throughout all units, enhancing safety, insurability, and long-term value. The property generated over $180,000 in gross income in 2025 and is currently operated as a short-term rental business. The existing short-term rental operation is included in the sale, and the property is offered fully furnished and equipped, allowing immediate continuation of operations upon closing. Additional features include a 6,633 SF lot, 6 on-site parking spaces, a separate exterior coin-operated laundry room, and six individual electrical meters (1 per legal unit) plus an additional house meter. A true turnkey, legal multifamily investment in a prime location where new commercial and multifamily development is no longer permitted, supporting long-term cash flow and appreciation.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 3
- Construction
- Concrete Block Construction
- Cooling
- Wall/Window Unit(s)
- Flooring
- Vinyl, Wood
- Heating
- Window/Wall
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Shingle
- Taxes
- $26,554
- Total Floors
- 2
- Stories
- 2
- Roofing
- Shingle
- Price Per Sqft
- $680
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Listing Courtesy Of LoKation, Contact: 786-450-8975