620 SW 7th ST #16, Fort Lauderdale, FL 33315
620 SW 7th ST #16, Fort Lauderdale, FL 33315
620 SW 7th ST #16, Fort Lauderdale, FL 33315
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Kevin Morris

Kevin Morris

+1(954) 756-5030
$1,749,000
Est. payment /mo
2,809 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,809 sqft

Price per Sqft $622

Subdivision Pinewood Place Resub Pt

MLS Listing ID A12045284

HOA Y/N No

Total Fin. Sqft 2809

Year Built 1960

Annual Tax Amount $25,710

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

Rare legal 6-unit multifamily asset in highly desirable Tarpon River, one of Fort Lauderdale's most supply-constrained and rapidly appreciating rental markets. Strong 2025 income of $195,000. The property features four spacious 1-bedroom/1-bath units and two studio units on an 8,075 SF lot. A major tenant appeal is that all four 1-bedroom units include private fenced backyards, creating a rare single-family-home feel within a multifamily investment.The property is being sold fully furnished, with furniture, appliances and existing operational setup included, allowing a new owner to benefit from income from day one. Extensive renovations and capital improvements were completed in 2018/2019 with permits, enhancing long-term operational stability. The property also features six separate electric meters and one master water meter.Ideally located minutes from Downtown Fort Lauderdale, Las Olas, Brightline, the beaches, airport and major employment corridors, this property offers investors a rare combination of strong in-place income, stable rental demand, future upside and long-term appreciation potential in one of South Florida's most dynamic urban neighborhoods.

Location

State FL

County Broward

Area 3470

Zoning RD-15

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Fireplace No

Exterior

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Dwelling Type Multi Family

Story 1

Sewer Public Sewer

Structure Type Block

Schools

Elementary Schools Croissant Park

Middle Schools New River

High Schools Stranahan

Others

Tax ID 504210670100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12045284

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BeachesMLS, Inc. (FLR) IDX
Listed by Patrizia Caterina Goglio LoKation

NEARBY SCHOOLS & PROPERTIES

Kevin Morris

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 756-5030

kevinsellshomeshere@gmail.com

934 N University Dr. Suite 226, Springs, FL, 33071, United States

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620 SW 7th ST #16