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Wade M. Berlin

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Tropic Shores Realty
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1026-1044 7th Avenue
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PRICED AT ONLY: $2,050,000

Address: 1026-1044 7th Avenue, Fort Lauderdale, FL 33311

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 possibilitiesrenovate 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.
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  • MLS#: B26011035 ( Residential Income )
  • Street Address: 1026-1044 7th Avenue
  • Viewed: 91
  • Price: $2,050,000
  • Price sqft: $340
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 6024
  • Days On Market: 40
  • Acreage: 1.00 acres
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Features
Building and Construction
  • Exterior Features: None
  • Flooring: Other
  • Roof: Barrel
School Information
  • High School: Dillard 6-12
  • Middle School: Dillard 6-12
  • School Elementary: North Side
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Heating: Electric, Window/Wall
  • Pets Allowed: Yes, Pet Restrictions Possible
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Available, Water Connected
Finance and Tax Information
  • Tax Year: 2025
Rental Information
  • Tenant Pays: None
Other Features
  • Legal Description: PROGRESSO 2-18 D LOT 37, 38 BLK 193
  • Parcel Number: 494234050910
  • Views: 91
  • Zoning Code: RD-15

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin