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  3. 1501 Ne 7th Avenue Fort Lauderdale, FL - 33304
  • MLS® #: F10554588
  • 1501 Ne 7th Avenue
  • Fort Lauderdale, FL 33304
  • $1,647,000
  • 794 SqFt
  • Residential Income

5-PLEX fully rented (MLS classified as 4-plex) in Fort Lauderdale. Unit mix: four 1BD/1BA and one 2BD/2BA. Gross income $121,000 annually with approx. $89K NOI (5.1% cap at current pricing). 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 $121,800 annually with approximately $89K NOI. Extensive renovations completed, including kitchens, bathrooms, A/C systems, flooring, fencing, railings, and high-impact windows. No major deferred maintenance.Each unit includes washer/dryer and two dedicated parking spaces. Property features a private pool, and the 2BD/2BA unit includes its own jacuzzi. Strong tenant demand in Middle River Terrace location. Ideal for 1031 exchange buyer or investor seeking stabilized cash flow with long-term flexibility due to separate parcel structure.

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Essential Information

  • MLS® #F10554588
  • Price$1,647,000
  • Square Footage794
  • Year Built1973
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusNew

Community Information

  • Address1501 Ne 7th Avenue
  • Area3380
  • SubdivisionThe Terrace Condos Inc
  • CityFort Lauderdale
  • CountyBroward
  • StateFL
  • Zip Code33304

Amenities

  • UtilitiesCable Available
  • Has PoolYes
  • PoolIn Ground

Interior

  • HeatingCentral, Separate Meters
  • CoolingCentral Air, Ceiling Fan(s)
  • # of Stories2

Exterior

  • Exterior FeaturesOutdoor Shower, Balcony
  • WindowsBlinds
  • RoofBarrel
  • ConstructionBlock

School Information

  • ElementaryNorth Side
  • MiddleSunrise
  • HighFort Lauderdale

Additional Information

  • Date ListedFebruary 23rd, 2026
  • Days on Website12
  • ZoningRS-8
  • Office: Douglas Elliman

Property Location

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1501 Ne 7th Avenue on www.webmail.jupiterabacoahomes.us

Offered at the current list price of $1,647,000, this home for sale at 1501 Ne 7th Avenue features bedrooms and 0 bathrooms. This real estate listing is located in The Terrace Condos Inc of Fort Lauderdale, FL 33304 and is approximately 794 square feet. 1501 Ne 7th Avenue is listed under the MLS ID of F10554588 and has been available through www.webmail.jupiterabacoahomes.us for the Fort Lauderdale real estate market for 12 days.

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Listing information last updated on March 7th, 2026 at 1:14pm CST.