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MLS #B26093017 image #0
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.
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 Douglas Elliman at 954-874-0740

Property Details

Price:
$1,585,000
MLS #:
B26093017
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
TERRACE CONDOS INC
Neighborhood:
3370
Listed Date:
Oct 27, 2026
Finished Sq Ft:
658
Total Sq Ft:
658
Year Built:
1973
Units:
4
Terrace Condos IncNorth SideSunriseFort LauderdalePets Allowed

Schools

Elementary School:
North Side
Middle School:
Sunrise
High School:
Fort Lauderdale

Interior

Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central
Levels
Two

Exterior

Construction Materials
CBS, Stucco
Exterior Features
Balcony, Outdoor Shower, Storage
Fencing
Back Yard, Fenced, Gate, Wood
Lot Features
Corner Lot
Patio And Porch Features
Patio, Patio – Open
Roof
Spanish Tile, Tile
Spa Features
In Ground
Window Features
Storm Window(s)

Financial

Net Operating Income
$91,123
Tax Year
2025
Taxes
$4,158

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Property Summary

    Located in the TERRACE CONDOS INC subdivision, 1501 NE 7TH Avenue 1 Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33304. It is listed for $1,585,000 To schedule a showing of MLS#b26093017 at 1501 NE 7TH Avenue 1 in Fort Lauderdale, FL, contact your Trust House Realty agent at 9543362003.

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