1501 NE 7th Avenue, Fort Lauderdale, FL 33304

Building Details

Year Built

1973

Listing agent Andres Zapata License #3306808

Listing office Douglas Elliman a***@gmail.com Show Phone

Listing date Mar 2, 2026

Source Crexi

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 Douglas Elliman

Report an issue

---

Overview

This renovated 5-plex is fully rented and configured as one ownership controlling five separate condo parcels (MLS classified as 4-plex). The unit mix includes four 1-bedroom, 1-bath homes and one 2-bedroom, 2-bath home. Each unit features a washer/dryer and two dedicated parking spaces. On-site amenities include a private pool, and the 2-bedroom, 2-bath unit offers a private jacuzzi.

Extensive improvements have been completed with new kitchens, bathrooms, A/C systems, flooring, fencing, railings, and high-impact windows. The property is presented as having no major deferred maintenance, which supports a turn-key experience for a new owner.

From an ownership standpoint, the separate parcel structure provides flexibility for buyers evaluating long-term plans and 1031 exchange goals. With all units currently occupied, the property offers stabilized rental performance backed by the stated gross income of $127,000 annually and a unit layout designed to support tenant convenience through in-unit laundry and dedicated parking.

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Fort Lauderdale

County

Broward

State

Florida

Longitude

-80.1376368

Latitude

26.1465863

Nearby Similar for Sale

• 

  $3,300,000

  7,830 SF

  Sunrise Boulevard Commercial Investment Opportunity

  Commercial property with multiple income streams on Sunrise Boulevard.

  2990 W Sunrise Blvd, Fort Lauderdale, FL 33311

  View Details
• 

  $710,000

  1,108 SF

  Fort Lauderdale Retail/Office Building

  Freestanding retail/office building on Federal Hwy in Fort Lauderdale.

  1200 S Federal Hwy, Fort Lauderdale, FL 33316

  View Details
• 

  $2,295,000

  6,458 SF

  Fort Lauderdale Multifamily Investment Opportunity

  Eleven-unit apartment building in east Fort Lauderdale, fully occupied.

  1325/1329/1333 NE 5th Terrace, Fort Lauderdale, FL

  View Details
• 

  $990,000

  2,662 SF

  Fourplex with Four 1-Bed Units

  Fully occupied four-unit property zoned RD-15, featuring four one-bedroom, one-bath residences.

  916 SW 8th Avenue, Fort Lauderdale, FL 33315

  View Details
• 

  $1,100,000

  Two-Unit Retail Storefront

  Two retail units with ample front and rear parking, including one leased space through 2029.

  1744 E Commercial Blvd, Fort Lauderdale, FL 33334

  View Details
• 

  $1,445,000

  4,854 SF

  Six-Unit Multifamily Property

  Six well-maintained units offer a mix of 1-bedroom and studio layouts for residential rental operations.

  2633 Middle River Drive, Fort Lauderdale, FL 33306

  View Details
• 

  $1,445,000

  4,854 SF

  Six-Unit Multifamily Property

  Six well-kept units offer a mix of studios and spacious 1-bed layouts with impact glass features.

  2633 Middle River Drive, Fort Lauderdale, FL

  View Details
• 

  $2,650,000

  1,656 SF

  Prime Location on W Broward Blvd

  Highly visible corner site ideal for redevelopment or 2nd-Gen restaurant.

  1122 W Broward Boulevard, Fort Lauderdale, FL 33312

  View Details
• 

  $1,250,000

  3,258 SF

  Triplex with Heated Pool

  Triplex currently operating as an active short-term rental with a heated pool in a RMM-25 zoned setting.

  1761 NE 55th Street, Fort Lauderdale, FL 33334

  View Details
• 

  $675,000

  1,750 SF

  Two-Unit Duplex with In-Unit Laundry

  Two 2-bedroom units with in-unit washers and dryers, one leased, on a fully fenced lot.

  1990 SW 9th Street, Fort Lauderdale, FL 33312

  View Details
• 

  $900,000

  Fort Lauderdale Mediterranean Restaurant Opportunity

  Turn-key Mediterranean restaurant with high ratings and growth potential.

  511 SE 5th Ave (Restaurant), Fort Lauderdale, FL 33301

  View Details
• 

  $875,000

  2,530 SF

  Fort Lauderdale Multifamily Investment Opportunity

  Four-unit property near downtown and beaches, ideal for crew housing.

  305 SW 16th Street, Fort Lauderdale, FL 33315

  View Details

FAQs

What type of property is this?

Apartment building - Renovated, fully rented 5-unit property with in-unit laundry, dedicated parking, and a pool.

Where is this apartment building located?

The property is located at 1501 NE 7th Avenue Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $1,620,000.

What are key features of this property?

This property features: Fully rented 5‑plex property (MLS classified as 4‑plex) in Fort Lauderdale, unit mix of four 1BD/1BA and one 2BD/2BA; Gross income of $127,000 annually, with separate parcel numbers for each unit and all units leased; Extensive renovations completed: new kitchens, baths, A/C systems, flooring, fencing, railings, and new high‑impact windows