1501 NE 7TH Avenue Unit 1, Fort Lauderdale, FL 33304

$1,585,000
658
SqFt

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List Price
$1,585,000
MLS#
B26093017
Sq. Ft
658
Lot Dimensions
4819
Subtype
Quadruplex
County
Broward
Subdivision
Terrace Condos Inc
Region
3370
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

Heating
Central
Cooling
Central Air
Roof
Spanish Tile, Tile
Sewer
Public Sewer
Water
Multiple Meters, Public
Exterior Features
Balcony, Outdoor Living Area, Outdoor Shower, Storage
Parking Spaces
10
Flooring
Ceramic Tile
Construction
CBS (Concrete Block Structure), Block, Stucco
Living Area
658
Elementary School
North Side
Middle School
Sunrise
High School
Fort Lauderdale
Pets Allowed
Cats OK, Dogs OK, No Pet Restrictions, Pet Fee, Yes

Listing courtesy of Douglas Elliman. Contact:

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