1026-1044 NW 7th Avenue
Fort Lauderdale, FL 33311
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Bed
0
Bath
6,024Sqft
40,533Sqft(Lot)
Unlock a rare investment opportunity to own five income-producing residential properties spanning approximately 0.93 acres in the heart of downtown Fort Lauderdale. All units are tenant-occupied with month-to-month leases, and each tenant has maintained occupancy for at least one year, providing immediate and consistent cash flow. This versatile portfolio offers multiple value-add possibilities—renovate the existing homes, redevelop the parcels individually, or pursue a larger-scale development project. The property also features an on-site management office for added convenience. With future land use designated as CC-CMU, the site allows for significantly higher-density development, making it an exceptional opportunity for investors and developers looking to capitalize.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Barrel -
Heating & Cooling
Has Heating: Yes Heating: Electric, WallFurnace Has Cooling: Yes Cooling: CeilingFans, Electric, WallWindowUnits
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Building Information
Year Built: 1949Building Area Total: 6024Construction Materials: BlockStories: 1Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Main Square Feet: 40533 Lot Size Acres: 0.93Property Information
Subdivision: PROGRESSO Source Property Type: ResidentialIncome Postal Code Plus 4: 6246 Property SubType: Quadruplex Levels: One Property Age: 77
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Listing Price Information
Listing Price: $2050000Original Price: $2200000Cash, Conventional, Exchange1031
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Tax Information
Parcel Number: 494234050910 Tax Year: 2025 Annual Tax: $8097.36 Tax Legal Desc: PROGRESSO 2-18 D LOT 37,38 BLK 193
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Parking Information
Parking Total: 10Garage Information
Pets Allowed: PetRestrictions, Yes
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School Information
Elementary School: North Side Junior High School: Dillard 6-12 Senior High School: Dillard 6-12 -
Utility Information
ElectricityConnected, SewerAvailable, WaterConnected -
Location Information
WaterSource: MultipleMeters, Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2610 NW 14th Street, Fort Lauderdale, FL, 33311 | $479,000 | 4 | 2 | 1,440 | 1,440 SqFt |
| 2840 NW 13th Court #1-2, Fort Lauderdale, FL, 33311 | $549,900 | 5 | 3 | 1,818 | 1,818 SqFt |
| 2921 NW 11th Street, Fort Lauderdale, FL, 33311 | $525,000 | 4 | 2 | 1,744 | 1,744 SqFt |
| 1126 NW 4th Avenue #1-2, Fort Lauderdale, FL, 33311 | $605,000 | 4 | 3 | 1,350 | 1,350 SqFt |
| 1500 NW 5th Avenue #E-W, Fort Lauderdale, FL, 33311 | $535,000 | 2 | 2 | 1,225 | 1,225 SqFt |
| 439 NW 18th Avenue, Fort Lauderdale, FL, 33311 | $475,000 | 6 | 2 | 1,786 | 1,786 SqFt |
| 1519-1521 NW 8th Avenue, Fort Lauderdale, FL, 33311 | $690,000 | 8 | 4 | 2,504 | 2,504 SqFt |
| 1429 N Andrews Avenue, Fort Lauderdale, FL, 33311 | $427,000 | 2 | 2 | 1,000 | 1,000 SqFt |
| 517 NW 15th Terrace, Fort Lauderdale, FL, 33311 | $545,000 | 4 | 2 | 1,236 | 1,236 SqFt |
| 842 NW 1st Avenue, Fort Lauderdale, FL, 33311 | $1,900,000 | 1 | 1 | 4,753 | 4,753 SqFt |
Similar Multifamily To 1026-1044 NW 7th Avenue
Nearby For Sale
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ByOwner last updated this listing 08/17/2026 @ 02:54
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