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Residential Income
$2,149,000
1730 NE 7th St unit 1-5 Fort Lauderdale, FL

A12044962

633 of 752 for Sale
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  • Listed On:

    Jun 29, 2026
  • Days on Market:

    59
  • Year:

    1960
  • Taxes:

    $26,554 per year
  • Floor Description:

    Vinyl, Wood
  • Occupancy:

  • Zoning:

  • Parking:

1730 NE 7th St unit 1-5 Fort Lauderdale, FL -LEGAL 5 UNITS: Turnkey Short-Term Rental Investment in Prime Victoria Park. Multifamily Rare opportunity to acquire a legal 5-unit multifamily building in the heart of Victoria Park, one of Fort Lauderdale’s most desirable and supply-constrained neighborhoods. RCs-15 zoning severely restricts new multifamily construction, making existing income-producing properties like this increasingly rare and difficult to replace. This two-story building features a strong unit mix with 3 large 1-bedroom units, 1 spacious studio, and 1 very large 2-bedS/ 1-bath unit. All 5 legal units were fully renovated in 2024, including updated kitchens, bathrooms, flooring, and comprehensive interior upgrades. Full impact windows are installed throughout all units, enhancing safety, insurability, and long-term value. The property generated over $180,000 in gross income in 2025 and is currently operated as a short-term rental business. The existing short-term rental operation is included in the sale, and the property is offered fully furnished and equipped, allowing immediate continuation of operations upon closing. Additional features include a 6,633 SF lot, 6 on-site parking spaces, a separate exterior coin-operated laundry room, and six individual electrical meters (1 per legal unit) plus an additional house meter. A true turnkey, legal multifamily investment in a prime location where new commercial and multifamily development is no longer permitted, supporting long-term cash flow and appreciation.

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For Sale Details

  • Floor Description

    Vinyl, Wood

  • Heating Description

    Window/Wall

  • Photo Count

    62

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1960

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