1026-1044 NW 7th AVE, Fort Lauderdale, FL 33311
1026-1044 NW 7th AVE, Fort Lauderdale, FL 33311
1026-1044 NW 7th AVE, Fort Lauderdale, FL 33311
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$2,050,000
Est. payment /mo
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6,024 SqFt
Active

1026-1044 NW 7th AVE Fort Lauderdale, FL 33311

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Eric Christopher Davis

Eric Christopher Davis

+1(305) 720-8337

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,024 sqft

Price per Sqft $340

Subdivision Progresso

MLS Listing ID B26011035

Style Fourplex

HOA Y/N No

Year Built 1949

Annual Tax Amount $8,097

Tax Year 2025

Lot Size 0.930 Acres

Acres 0.93

Property Sub-Type Quadruplex

Property Description

Unlock a rare investment opportunity to own five income-producing residential properties spanning approximately 0.93 acres in the heart of downtown Fort Lauderdale. All units are tenant-occupied with month-to-month leases, and each tenant has maintained occupancy for at least one year, providing immediate and consistent cash flow. This versatile portfolio offers multiple value-add possibilities—renovate the existing homes, redevelop the parcels individually, or pursue a larger-scale development project. The property also features an on-site management office for added convenience. With future land use designated as CC-CMU, the site allows for significantly higher-density development, making it an exceptional opportunity for investors and developers looking to capitalize.

Location

State FL

County Broward

Community Progresso

Area 3390

Interior

Interior Features Main Living Area Entry Level

Heating Electric, Wall Furnace

Cooling Ceiling Fan(s), Electric, Wall/Window Unit(s)

Flooring Other

Exterior

Exterior Feature None

Pool None

Utilities Available Electricity Available, Water Available, Sewer Available

Roof Type Barrel

Private Pool No

Building

Lot Description <1 Acre

Story 1

Sewer Not Connected (at lot), Public Sewer, Other

Water Public

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Schools

Elementary Schools North Side

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions See Remarks

Tax ID 494234050910

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Pets Allowed No Pet Restrictions

Virtual Tour https://www.propertypanorama.com/1026-NW-7th-Avenue-Fort-Lauderdale-FL-33311/unbranded

Miami Association of Realtors (SEFMIAMI MLS)
Listed by VantaSure Realty LLC

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Eric Christopher Davis

Eric Christopher Davis

Global Real Estate Advisor | License ID: 3449765

+1(305) 720-8337

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1026-1044 NW 7th AVE