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1501 NE 7th, Fort Lauderdale
#MLS: F10554588
$ 1 620 000
Listing date02/23/2026
CityFort Lauderdale, FL 33304
Address1501 NE 7th
Area794 sqft
Tax/year$ 4 319
Built year1973

5-PLEX fully rented (MLS classified as 4-plex) in Fort Lauderdale. Unit mix: four 1BD/1BA and one 2BD/2BA. Gross income 127,000 annually. Stable income with rental upside. Fully renovated with new kitchens, baths, A/C systems, flooring, fencing, railings, and new high-impact windows no major deferred maintenance. Each unit includes a washer/dryer, 2 parking spaces, and separate parcel numbers. Features a pool and a 2BD/2BA unit with a private jacuzzi. Strong 1031 exchange opportunity. roperty is legally structured as five separate condo parcels under one ownership (MLS classified as 4-plex). All units are fully rented. Unit mix includes four 1BD/1BA units and one 2BD/2BA unit. Current gross income is 127,000 annually. Extensive renovations completed, including kitchens, bathrooms, A/C systems, flooring, fencing, railings, and high-impact windows. No major deferred maintenance.Each unit includes washer/dryer and two dedicated parking spaces. Property features a private pool, and the 2BD/2BA unit includes its own jacuzzi. Strong tenant demand in Middle River Terrace location. Ideal for 1031 exchange buyer or investor seeking stabilized cash flow with long-term flexibility due to separate parcel structure.

1501 NE 7th Fort Lauderdale, FL 33304 quadruplex house for sale with MLS F10554588 located in The Terrace Condos Inc. If you want to buy Quadruplex - 1501 NE 7th Fort Lauderdale, FL 33304, call today!
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