$1,585,000
1501 NE 7TH Avenue 1
Fort Lauderdale, FL 33304
TERRACE CONDOS INC
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $1,585,000
- Price per sq ft
- $2,409
- Original price
- Unchanged
- Days on market
- 1
This multi-family property in ZIP 33304 is listed at $1,585,000, or $2,409 per square foot. It has been on the market for 1 day.
Estimated monthly payment
$8,330 /mo
Principal and interest only, based on $317,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,585,000
- Days on Site
- 1 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 658 sqft
- Total Sq Ft
- 658 sqft
- Year Built
- 1973
- Property Type
- Multi-Family
- MLS #
- B26093017
- Property Tax
- $4,158 (2025)
- Subdivision
- TERRACE CONDOS INC
- County
- Broward
- Status
- Active
- Special Conditions
- Standard
About This Property
RARE 5-PLEX MULTIFAMILY INVESTMENT OPPORTUNITY IN FORT LAUDERDALE! Ideal for investors and 1031 exchange buyers seeking a renovated income-producing property in Middle River Terrace. UNIQUE FEATURE: Each of the 5 units has its own separate tax parcel ID, individual water and electric meters. Four 1BR/1BA units and one 2BR/2BA, each with in-unit washer/dryer. Upgrades include impact windows, remodeled kitchens and bathrooms, updated flooring, new perimeter fence and second-floor exterior railings. Swimming pool, private outdoor areas, ample off-street parking and NO HOA! Convenient to Las Olas Boulevard, Wilton Manors, Downtown Fort Lauderdale, dining, shopping, and beaches. Strong rental income and long-term investment potential.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1973
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Living Sq Ft
- 658
- Total Sq Ft
- 658
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Multiple Meters / Public
- Zoning
- RS-8
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Spa
- Yes
- Spa Features
- In Ground
- Windows
- Storm Windows
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Stucco
- Roof
- Spanish Tile / Tile
- Exterior Features
- Balcony / Outdoor Living Area / Outdoor Shower / Storage
- Patio & Porch
- Open / Patio / Balcony
- Lot Features
- Corner Lot
Community & HOA
- Utilities
- Electricity Available / Sewer Connected / Water Connected
- Pets Allowed
- Cats Ok / Dogs Ok / No Pet Restrictions / Pet Fee / Yes
- Financing Terms
- Cash / Conventional / Exchange1031
- Restrictions
- Limited Number Vehicles / Okay To Lease1st Year / Ok To Lease / Short Term Rentals Allowed
- MLS Area
- 3370
Schools
- Elementary School
- North Side
- Middle School
- Sunrise
- High School
- Fort Lauderdale
About the Area
Browse Fort Lauderdale homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Fort Lauderdale includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Fort Lauderdale listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 2,781
- Median List Price
- $695,000
- Median $/Sq Ft
- $467
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304?
- Use the Tour button on this listing to request a showing of 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304 still available?
- 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304 is currently listed as Active, and has been on the market 1 day. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304?
- With 20% down ($317,000) on the $1,585,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304 is about $8,330/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304?
- 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304 is zoned for North Side (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304?
- Often, yes. The right offer on 1501 NE 7TH Avenue 1, Fort Lauderdale, FL 33304 depends on how it's priced against comparable multi-family sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$1,585,000
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Listed by Andres Zapata, Douglas Elliman
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Recent Sales
Recently sold homes in ZIP 33304
These are the last 6 recorded closings in ZIP 33304, with the price each home actually sold for rather than what it was listed at. They closed at a median of $541 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$417,000
Sold · October 15, 2026
215 N Birch Road 4c
1 bed · 1 bath · 1,000 sqft · $417/sqft
$57,999 under the asking price
Sold$280,000
Sold · October 15, 2026
505 N Fort Lauderdale Beach Boulevard 2205
1 bed · 1.5 bath · 906 sqft · $309/sqft
$49,000 under the asking price
Sold$1,470,000
Sold · October 15, 2026
1133 NE 12th Avenue
3 bed · 3.5 bath · 2,717 sqft · $541/sqft
$80,000 under the asking price
Sold$700,000
Sold · October 15, 2026
3101 Bayshore Drive 1205
2 bed · 2 bath · 1,176 sqft · $595/sqft
$50,000 under the asking price
Sold$530,000
Sold · October 14, 2026
341 N Birch Road 315
1 bed · 1 bath · 685 sqft · $774/sqft
$45,000 under the asking price
Sold$2,150,000
Sold · October 9, 2026
2617 NE 13th Court
0 bed · 0 bath
$325,000 under the asking price
See every recorded sale in ZIP 33304 or find out what your ZIP 33304 home is worth.
