620 Sw 7th St Unit #1-6, Fort Lauderdale, FL 33315

$1,749,000

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List Price
$1,749,000
MLS#
A12045322
Status
ACTIVE
Type
Commercial

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.

Additional Information

Days on Market
30
Tax Amount
$25,710
Parcel Number
504210670100
Lot Size
8,075
Address
620 Sw 7th St Unit #1-6, Fort Lauderdale
Year Built
1960
Section
10

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Listing Courtesy of LoKation, Contact: 786-450-8975