1501 NE 7TH Avenue, Unit 1
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.
Broker Details
Douglas Elliman (561) 249-4808
MLS ID: 3306808 State License Number: 3306808
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,585,000 |
| No. of Units: | 4 |
| Year Built: | 1973 |
| Lot Size: | 658.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $396,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 0 |
ID: 3yd-RMLSFL-B26093017
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