Renovated 5-Unit Multifamily
New
For Sale
$1,585,000
1501 NE 7TH Ave 1, Fort Lauderdale, FL 33304
Five separately parcelized apartments have individual utility meters and in-unit laundry.
Property Size658 SF
Days on Market2
Property Features for 1501 NE 7TH Ave 1
General Information
Standard status
Active
Size
658 SF
Property subtype
Investment
Site & Location
Neighborhood
Mrtn
Utilities to Site
Yes
Units
Unit Mix
4 x 1BR/1BA, 1 x 2BR/2BA
Multifamily Units
5
Individually Metered Utilities
water, electricity
Taxes and HOA fees
Annual Taxes
$4,157
Amenities
swimming pool
private outdoor areas
in-unit washer/dryer
Building Details
Building Size
658 SF
Year Built
1973
Stories
2
Units
4
Listing Agency:
Douglas Elliman
Listed By:
Andres Zapata · License #3306808
(401) 639-9223
Source:
Elliman
Added: Oct 28
Last Checked: Oct 28 at 2:58PM
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
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Investment Insights
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This five-unit multifamily property includes four one-bedroom, one-bathroom apartments and one two-bedroom, two-bathroom apartment. Each residence has its own tax parcel ID, separate water and electric meters, and an in-unit washer and dryer. Renovations include updated kitchens, bathrooms, and flooring, along with impact windows. The property also features a swimming pool, private outdoor areas, off-street parking, a perimeter fence, and second-floor exterior railings. Built in 1973, it has no HOA.
The property is in Fort Lauderdale, near Las Olas Boulevard, Wilton Manors, and Downtown Fort Lauderdale, with dining, shopping, and beaches nearby. Its walk score is 92, bike score is 61, and transit score is 59.
The property is in Fort Lauderdale, near Las Olas Boulevard, Wilton Manors, and Downtown Fort Lauderdale, with dining, shopping, and beaches nearby. Its walk score is 92, bike score is 61, and transit score is 59.
Key Highlights
- Five apartments: four 1BR/1BA units and one 2BR/2BA unit
- Each unit has a separate tax parcel ID, water meter, and electric meter
- In‑unit washer and dryer in every apartment
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,606
Businesses Nearby
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Business Placement
Demographics for 33304, FL
19,978
Population
12,367
Households
1.6
Avg Household Size
46
Median Age
51%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,445
Density / Sq Mi
$84,951
Median Household Income
$55,527
Median Earnings
$1,727
Median Rent
$556,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Five separately parcelized apartments have individual utility meters and in-unit laundry.
Where is this multifamily property located?
The property is located at 1501 NE 7TH Ave 1 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,585,000.
What are key features of this property?
This property features: Five apartments: four 1BR/1BA units and one 2BR/2BA unit; Each unit has a separate tax parcel ID, water meter, and electric meter; In‑unit washer and dryer in every apartment
