
$2,149,000
Apartment for Sale, 1730 NE 7th St unit 1-5, Fort Lauderdale, Florida 33304
- MLS#A12044962
293 m² (3,157 ft²)
Listed By LoKation
The Apartment for Sale located at 1730 NE 7th St unit 1-5, Fort Lauderdale, Florida 33304 is currently for sale.
Description
-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.
Location
1730 NE 7th St unit 1-5, Fort Lauderdale, Florida 33304
Property features
Property
- Property size:
293 m² (3,157 ft²)
Construction
- Year built: 1960
- Roofing: Shingle
- Construction: Concrete/Block
Interior Features
- Floors: WoodVinyl
Heating and Cooling
- Cooling System: Wall Or Window Units
Utilities
- Other utilities: Public Sewer