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

$1,585,000
658
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,585,000
MLS#
B26093017
Sq. Ft
658
Subtype
Quadruplex
County
Broward
Community
Terrace Condos Inc
Subdivision
Terrace Condos Inc
Year Built
1973

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

Pets Allowed
Yes
Status Label
ACTIVE
Total Unitsin Complex
4
Construction
CBS Construction, Stucco
Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central
Lot Description
10 Or More Acre Lot, Corner Lot, Fenced
Parking
Limited # Of Vehicle
Roof
Tile, Curved/S-Tile Roof, Tile Roof
Taxes
$4,157
Utilities
Electricity Connected, Electricity Available, Sewer Available, Water Available
Unit Number
1
Total Floors
2
Stories
2
Roofing
Tile, Curved/S-Tile Roof, Tile Roof
Price Per Sqft
$2,408

SELLERS, READY TO SELL!  How much is your home worth? Text us  Today!

...get YOUR instant FREE HOME value now! Sell your South Florida Home for the Highest Price with an expert realtor. 

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Douglas Elliman, Contact: