1501 NE 7th Avenue
Fort Lauderdale, FL 33304
5
Bed
5
Bath
794Sqft
5-PLEX fully rented (MLS classified as 4-plex) in Fort Lauderdale. Unit mix: four 1BD/1BA and one 2BD/2BA. Gross income $127,000 annually. Stable income with rental upside. Fully renovated with new kitchens, baths, A/C systems, flooring, fencing, railings, and new high-impact windows — no major deferred maintenance. Each unit includes a washer/dryer, 2 parking spaces, and separate parcel numbers. Features a pool and a 2BD/2BA unit with a private jacuzzi. Strong 1031 exchange opportunity. roperty is legally structured as five separate condo parcels under one ownership (MLS classified as 4-plex). All units are fully rented. Unit mix includes four 1BD/1BA units and one 2BD/2BA unit. Current gross income is $127,000 annually. Extensive renovations completed, including kitchens, bathrooms, A/C
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
-
Interior Features
Roof: BarrelWindow Features: Blinds -
Heating & Cooling
Has Heating: Yes Heating: Central, SeparateMeters Has Cooling: Yes Cooling: CentralAir, CeilingFans
-
Building Information
Year Built: 1973Construction Materials: BlockPatio And Porch Features: Open, BalconyPool Features: InGroundPrivate Pool: YesAssociation Fee Frequency: Annually -
Exterior Features
Exterior Features: Balcony, OutdoorLivingArea, OutdoorShower
-
Listing Price Information
Listing Price: $1620000Original Price: $1647000Cash, Conventional
-
Tax Information
Parcel Number: 494235af0050 Tax Year: 2024 Annual Tax: $4319 Tax Legal Desc: THE TERRACE CONDOS INC UNIT 5 PER CDO BK/PG: 39000/1108
-
Parking Information
Parking Total: 10Homeowners Association Information
Has Association: YesAssociation Amenities: None
-
School Information
Elementary School: North Side Junior High School: Sunrise Senior High School: Fort Lauderdale -
Utility Information
CableAvailable -
Location Information
Direction: GPS WaterSource: MultipleMeters, Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1204 NE 5th Ave, Fort Lauderdale, FL, 33304 | $1,200,000 | 5 | 4 | 2,660 | 2,660 SqFt |
| 1100 NE 15th Avenue #1-2, Fort Lauderdale, FL, 33304 | $825,000 | 3 | 4 | 1,836 | 1,836 SqFt |
| 425 NE 8th St, Fort Lauderdale, FL, 33304 | $4,000,000 | 2 | 2 | 2,903 | 2,903 SqFt |
| 1236 NE 16 Avenue, Fort Lauderdale, FL, 33304 | $749,500 | 4 | 2 | 1,359 | 1,359 SqFt |
| 1539-1541 NE 15th Avenue, Fort Lauderdale, FL, 33304 | $899,000 | 3 | 3 | 2,042 | 2,042 SqFt |
| 500 E Sunrise Boulevard, Fort Lauderdale, FL, 33304 | $3,500,000 | -- | 6 | 4,835 | 4,835 SqFt |
| 1123 NE 14th Avenue, Fort Lauderdale, FL, 33304 | $1,790,000 | 6 | 4 | 4,694 | 4,694 SqFt |
| 1409 NE 5th Terrace #1-2, Fort Lauderdale, FL, 33304 | $658,990 | 3 | 2 | 1,352 | 1,352 SqFt |
| 1236 NE 18th Ave, Fort Lauderdale, FL, 33304 | $1,499,000 | 4 | 5 | 3,569 | 3,569 SqFt |
| 630 NE 17th Way, Fort Lauderdale, FL, 33304 | $950,000 | 4 | 4 | 1,822 | 1,822 SqFt |
Similar Multifamily To 1501 NE 7th Avenue
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 06/24/2026 @ 21:54
More Cities with for Sale by Owner Homes
- Fort Lauderdale Homes For Sale By Owner
- Wilton Manors Homes For Sale By Owner
- Oakland Park Homes For Sale By Owner
- Dania Beach Homes For Sale By Owner
- Lauderdale By The Sea Homes For Sale By Owner
- Lauderhill Homes For Sale By Owner
- Lauderdale Lakes Homes For Sale By Owner
- Sea Ranch Lakes Homes For Sale By Owner
- Hollywood Homes For Sale By Owner
- Pompano Beach Homes For Sale By Owner
- Plantation Homes For Sale By Owner
- Coconut Creek Homes For Sale By Owner
- North Lauderdale Homes For Sale By Owner
- Hallandale Beach Homes For Sale By Owner
- Pembroke Park Homes For Sale By Owner
- Davie Homes For Sale By Owner
- Cooper City Homes For Sale By Owner
- West Park Homes For Sale By Owner
- Margate Homes For Sale By Owner
- Tamarac Homes For Sale By Owner
Homes around $1,620,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.