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$ 1,749,000
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New
620 SW 7th St #1-6 Fort Lauderdale, FL 33315
2,809 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,809 sqft
Price per Sqft $622
MLS Listing ID A12045322
HOA Y/N Yes
Year Built 1960
Annual Tax Amount $25,710
Tax Year 2025
Lot Size 8,075 Sqft
Property Sub-Type Multi Family
Property Description
Rare legal 6-unit multifamily asset in highly desirable Tarpon River, one of Fort Lauderdale's most supply-constrained and rapidly appreciating rental markets. Strong 2025 income of $195,000. The property features four spacious 1-bedroom/1-bath units and two studio units on an 8,075 SF lot. A major tenant appeal is that all four 1-bedroom units include private fenced backyards, creating a rare single-family-home feel within a multifamily investment. The property is being sold fully furnished, with furniture, appliances and existing operational setup included, allowing a new owner to benefit from income from day one. Extensive renovations and capital improvements were completed in 2018/2019 with permits, enhancing long-term operational stability. The property also features six separate electric meters and one master water meter. Ideally located minutes from Downtown Fort Lauderdale, Las Olas, Brightline, the beaches, airport and major employment corridors, this property offers investors a rare combination of strong in-place income, stable rental demand, future upside and long-term appreciation potential in one of South Florida's most dynamic urban neighborhoods.
Location
State FL
County Broward
Area 3470
Exterior
Private Pool Yes
Others
Tax ID 504210670100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12045322
Listed by LoKation
NEARBY SCHOOL & BUSINESS
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