Rare legal 6-unit multifamily asset in highly desirable Tarpon River, one of Fort Lauderdale’s most supply-constrained and rapidly appreciating rental markets. Strong 2025 income of $195,000. The property features four spacious 1-bedroom/1-bath units and two studio units on an 8,075 SF lot. A major tenant appeal is that all four 1-bedroom units include private fenced backyards, creating a rare single-family-home feel within a multifamily investment.The property is being sold fully furnished, with furniture, appliances and existing operational setup included, allowing a new owner to benefit from income from day one. Extensive renovations and capital improvements were completed in 2018/2019 with permits, enhancing long-term operational stability. The property also features six separate electric meters and one master water meter.Ideally located minutes from Downtown Fort Lauderdale, Las Olas, Brightline, the beaches, airport and major employment corridors, this property offers investors a rare combination of strong in-place income, stable rental demand, future upside and long-term appreciation potential in one of South Florida’s most dynamic urban neighborhoods.
Current real estate data for Multi Family in Fort Lauderdale as of Nov 03, 2026
182
Multi Family Listed
132
Avg DOM
447
Avg $ / SqFt
$1,161,973
Avg List Price
Listing Provided Courtesy of LoKation at 954-545-5583
Property Details
Price:
$1,749,000
MLS #:
A12045284
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PINEWOOD PLACE RESUB PT
Neighborhood:
3470
Listed Date:
Jun 29, 2026
Finished Sq Ft:
2,809
Total Sq Ft:
2,809
Year Built:
1960
Schools
Elementary School:
Croissant Park
Middle School:
New River
High School:
Stranahan
Interior
Cooling
Central Air
Heating
Separate Meters, Central
Exterior
Construction Materials
Block
Roof
Shingle
Financial
Tax Year
2025
Taxes
$25,710
Map
Contact Us
Mortgage Calculator
Community
- Address620 SW 7th Street 16 Fort Lauderdale FL
- SubdivisionPINEWOOD PLACE RESUB PT
- CityFort Lauderdale
- CountyBroward
- Zip Code33315
Property Summary
- Located in the PINEWOOD PLACE RESUB PT subdivision, 620 SW 7th Street 16 Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33315. It is listed for $1,749,000 To schedule a showing of MLS#a12045284 at 620 SW 7th Street 16 in Fort Lauderdale, FL, contact your Trust House Realty agent at 9543362003.
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620 SW 7th Street 16
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