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Homes for sale in Fort Lauderdale
Quadruplex

1501 NE 7TH Avenue # 1

Fort Lauderdale, FL 33304
$1,585,000
Sq ft
658
Year built
1973
Price per sq ft
$2,409

Listing courtesy of Andres Zapata, Douglas Elliman

About this home

RARE 5-PLEX MULTIFAMILY INVESTMENT OPPORTUNITY IN FORT LAUDERDALE! Ideal for investors and 1031 exchange buyers seeking a renovated income-producing property in Middle River Terrace. UNIQUE FEATURE: Each of the 5 units has its own separate tax parcel ID, individual water and electric meters. Four 1BR/1BA units and one 2BR/2BA, each with in-unit washer/dryer. Upgrades include impact windows, remodeled kitchens and bathrooms, updated flooring, new perimeter fence and second-floor exterior railings. Swimming pool, private outdoor areas, ample off-street parking and NO HOA! Convenient to Las Olas Boulevard, Wilton Manors, Downtown Fort Lauderdale, dining, shopping, and beaches. Strong rental income and long-term investment potential.

Details

Property

Type
Quadruplex
Style
Two Story
Year built
1973
Stories
2
Subdivision
TERRACE CONDOS INC
County
Broward County

Interior

Flooring
Ceramic Floor
Cooling
Central Air
Heating
Central

Exterior and parking

Exterior
Open Balcony, Outdoor Shower
Patio and porch
Open Balcony, Patio
Parking
Limited # Of Vehicle
Construction
CBS Construction, Stucco
Roof
Tile, Curved/S-Tile Roof, Tile Roof

Community and fees

Pets
Yes
Annual taxes
$4,157
Terms
All Cash, Conventional, Exchange

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 28, 2026.