1026-1044 NW 7th Avenue, Fort Lauderdale, FL 33311

$2,050,000
6,024
SqFt

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List Price
$2,050,000
Price Change
▼ $150,000 1777080637
MLS#
B26011035
Sq. Ft
6,024
Subtype
Quadruplex
County
Broward
Subdivision
Progresso
Region
3390
Year Built
1949

Property Description

Unlock a rare investment opportunity to own five income-producing residential properties spanning approximately 0.93 acres in the heart of downtown Fort Lauderdale. All units are tenant-occupied with month-to-month leases, and each tenant has maintained occupancy for at least one year, providing immediate and consistent cash flow. This versatile portfolio offers multiple value-add possibilities—renovate the existing homes, redevelop the parcels individually, or pursue a larger-scale development project. The property also features an on-site management office for added convenience. With future land use designated as CC-CMU, the site allows for significantly higher-density development, making it an exceptional opportunity for investors and developers looking to capitalize.

Additional Information

Heating
Electric, Wall Furnace
Cooling
Ceiling Fan(s), Electric, Wall/Window Unit(s)
Roof
Barrel
Sewer
Public Sewer
Water
Multiple Meters, Public
Exterior Features
None
Parking Spaces
10
Flooring
Other
Construction
Block
Living Area
6,024
Elementary School
North Side
Middle School
Dillard 6-12
High School
Dillard 6-12
Pets Allowed
Pet Restrictions, Yes

Listing courtesy of VantaSure Realty LLC. Contact:

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Calculator source: Real Geeks