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Active - Quadruplex for sale

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

658 sqft

Facts & features

Quadruplex Property type
7 days on Beycome
1973 Year built
$2,409 Price/Sqft.

Why you’ll love it

  • Impact windows
  • Renovated
  • Pool
  • No HOA

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.

Translating description...

Listings courtesy of Douglas Elliman.

Listed by: Andres Zapata • 401-639-9223 • Douglas Elliman

Co-listed by: Douglas Elliman

Source: Miami MLS, MLS#: B26093017 Miami MLS logo

Based on info available as of Nov 1, 2026 at 4:04 PM EST.

Come see by yourself

Affordability

$1,030,000$2,140,000
1%20%
0%90%
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Estimated monthly payment

$8,361/mo

  • Mortgage$8,015
  • Property tax$346
  • HOA fee
  • Homeowners insurance
Due at closing$1,260,075
Down payment held in escrow$317,000
Closing costs$23,775
beycome credit Est.$31,700

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Terrace Condos Inc

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 01, 2026 at 04:04pm EST.

$1,585,000 Listed price

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$31,700 Credit back

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