Multifamily Property with Private
For Sale
$1,749,000
620 SW 7th Street #16, Fort Lauderdale, FL 33315
Six-unit rental building with furnished units and private fenced backyards for each 1-bedroom apartment.
Property Size2,809 SF
Lot Size0.19 Acres
Days on Market41
Property Features for 620 SW 7th Street #16
General Information
Standard status
Active
Size
2,809 SF
Lot size
0.19 Acres
Zoning
RD-15
Additional Details
Business Included
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$25,710
Building Details
Building Size
2,809 SF
Year Built
1960
Year Renovated
2019
Tenancy
Multi
Listing Agency:
LoKation
(786) 450-8975
Listed By:
Patrizia Goglio · License #3370734
(786) 450-8975
Source:
Laerrealty
Added: Jul 5
Changed: Aug 8
Last Checked: Aug 14 at 4:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LoKation
Investment Insights
Based on property information with market context.
This rare legal 6-unit multifamily property is configured with four 1-bedroom, 1-bath apartments and two studio units on an 8,075 SF lot. The four 1-bedroom units each include a private fenced backyard, creating a single-family-home feel within a multifamily setting. The property is offered fully furnished, with furniture, appliances, and an existing operational setup included to support income from day one. Extensive renovations and capital improvements were completed in 2018/2019 with permits.
Located in Tarpon River, the property is described as being minutes from Downtown Fort Lauderdale, Las Olas, Brightline, the beaches, the airport, and major employment corridors.
With six separate electric meters and one master water meter, the building supports practical utility management across the units. The mix of 1-bedroom and studio homes, combined with the private outdoor space feature in every 1-bedroom unit, should appeal to tenants seeking additional space and a more private layout within an income-oriented residential asset.
Located in Tarpon River, the property is described as being minutes from Downtown Fort Lauderdale, Las Olas, Brightline, the beaches, the airport, and major employment corridors.
With six separate electric meters and one master water meter, the building supports practical utility management across the units. The mix of 1-bedroom and studio homes, combined with the private outdoor space feature in every 1-bedroom unit, should appeal to tenants seeking additional space and a more private layout within an income-oriented residential asset.
Key Highlights
- Legal 6‑unit multifamily rental building built in 1960 on an 8,075 SF lot
- Unit mix includes four 1‑bedroom/1‑bath units and two studio units
- All four 1‑bedroom units have private fenced backyards
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5,913
Businesses Nearby
Explore this area
Business Placement
Demographics for 33315, FL
13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit rental building with furnished units and private fenced backyards for each 1-bedroom apartment.
Where is this apartment building located?
The property is located at 620 SW 7th Street #16 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: Legal 6‑unit multifamily rental building built in 1960 on an 8,075 SF lot; Unit mix includes four 1‑bedroom/1‑bath units and two studio units; All four 1‑bedroom units have private fenced backyards
