1501 NE 7th Avenue, Fort Lauderdale, FL 33304
- Added:
- Feb 23, 2026
- Days on Market:
- 119
- Last Refresh:
- Jun 22 at 8:06 am
Property Features for 1501 NE 7th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RS-8
- Bedrooms
- 5
- Rooms
- Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 5, Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2
- Spa
- 1
- Window features
- Blinds
- Pool private
- 1
- Exterior features
- Balcony, Outdoor Shower
- Fencing
- Fenced
- Standard status
- Active
- APN
- 494235af0050
- Size
- 794 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- THE TERRACE CONDOS INC UNIT 5 PER CDO BK/PG: 39000/1108
- Tax Annual Amount
- 4319
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile - Ceramic
- Building materials
- Block
- Roof type
- Barrel
Listing agent Andres Zapata License #3306808 (401) 639-9223
Listing office Douglas Elliman 450 E LAS OLAS BLVD STE 140 SUITE 140, Palm Beach, FL (954) 874-0740
Listing date Feb 23, 2026
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully rented 5‑plex (MLS classified as 4‑plex) with unit mix of four 1BD/1BA and one 2BD/2BA
- Gross income of $127,000 annually with all units leased
- Extensive renovations completed, including new kitchens, baths, A/C systems, flooring, fencing, railings, and high‑impact windows; no major deferred maintenance
- Each unit includes a washer/dryer and 2 dedicated parking spaces
- Private pool on site; 2BD/2BA unit includes a private jacuzzi
- Legally structured as five separate condo parcels under one ownership
Overview
The asset is located at 1501 NE 7th Avenue in Fort Lauderdale, FL, in the RS-8 zoning classification. While it is described in MLS as a 4-plex, the property is legally structured as five separate condo parcels under one ownership, with separate parcel numbers for each unit. The listing also notes the property’s location in the Middle River Terrace area.
For buyers seeking a stabilized, turn-key multifamily setup, this configuration offers a straightforward rental profile with all units currently leased. The separate parcel structure may provide flexibility for long-term planning, including for a 1031 exchange buyer, based on the way the property is legally organized. With no major deferred maintenance reported after the renovations, the unit mix and upgrades support tenants looking for move-in-ready residences.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.137589
- Latitude
- 26.146696
