1501 NE 7TH Avenue # 1, Fort Lauderdale, FL 33304

$1,585,000— Beds0 Baths658 Sq. Ft.$2,409 / sq. ft.

Fort Lauderdale, FL 33304 · MLS# B26093017 · Active · TERRACE CONDOS INC

Status
Active
Type
Quadruplex
Year Built
1973
Days on Market
1
MLS #
B26093017
County
Broward County

Description of 1501 NE 7TH Avenue # 1, Fort Lauderdale, FL 33304

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.

Property Details for 1501 NE 7TH Avenue # 1, Fort Lauderdale, FL 33304

Flooring
Ceramic Floor
Heating
Central
Cooling
Central Air
Architectural Style
Two Story
Parking Features
Limited # Of Vehicle
Pool Private
No
Year Built Details
Resale

Building Information for 1501 NE 7TH Avenue # 1, Fort Lauderdale, FL 33304

Building Area Total
658
Building Area Units
Square Feet
Stories
2
Stories Total
2
Association
No
Association Fee
0
Pets Allowed
Yes

Property Information for 1501 NE 7TH Avenue # 1, Fort Lauderdale, FL 33304

Lot Features
10 Or More Acre Lot, Corner Lot, Fenced
Waterfront
No
View
No
Construction Materials
CBS Construction, Stucco
Roof
Tile, Curved/S-Tile Roof, Tile Roof
Exterior Features
Open Balcony, Outdoor Shower
Sewer
Public Sewer, Public Sanitation, Sewer
Water Source
Public
New Construction
No

Public Records for 1501 NE 7TH Avenue # 1, Fort Lauderdale, FL 33304

Parcel Number
494235af0010
Tax Annual Amount
$4,157
Tax Year
2025
Tax Legal Description
THE TERRACE CONDOS INC UNIT 1 PER CDO BK/PG: 39000/1108
Zoning
RS-8
County Or Parish
Broward County

Schools Near 1501 NE 7TH Avenue # 1, Fort Lauderdale, FL 33304

Elementary School
North Side
Middle School
Sunrise
High School
Fort Lauderdale

School assignments are provided by the listing and should be independently verified.

Payment Calculator

Estimated Payment
$9,154/mo
Principal & Interest
$8,015
Property Taxes
$346
Home Insurance
$793

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

1501 NE 7TH Avenue # 1, Fort Lauderdale, FL 33304 · See all Fort Lauderdale homes for sale

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More information about 1501 NE 7TH Avenue # 1, Fort Lauderdale, FL 33304

1501 NE 7TH Avenue # 1 is a multi-family home for sale in Fort Lauderdale, FL 33304. This property was listed for sale on October 26, 2026 by Douglas Elliman, it's currently listed at $1,585,000. This listing's school district is Broward County Public Schools. Nearby schools include North Side, Sunrise and Fort Lauderdale. 1501 NE 7TH Avenue # 1 is a 0-bath, 658 sqft multi-family home built in 1973.