1730 NE 7th Street 1-5,Fort Lauderdale, FL 33304
Fort Lauderdale, FL 33304
Description
Prime Victoria Park Multifamily | Legal 5-Unit Turnkey Short-Term Rental InvestmentRare 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.
Details
| MLS # | A11948614 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 293 |
| Listing Provided By | LoKation | Patrizia Caterina Goglio |
Features
| SQ Feet | 3,157 |
|---|---|
| Units | 5 |
| Zoning | RCS-15 |
| Acreage | 0.15 |
Taxes
| Tax Annual Amount | 26554 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33304 |
| Area | 3270 |
| Subarea | FTNE Ft Lauderdale NE (3240 3270;3350 3380;3440 3450;3700) |
| Listing VS Median (in 33304) | |
Price: $2,149,000 low | high Med: $287,000 sqft: 3,157 low | high Med: 1,176 $ / sqft: $681 low | high Med: $280 On site: 293 low | high Med: 105.5 | |
Market Activity 33304
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33304 |
| Area | 3270 |
| Subarea | FTNE Ft Lauderdale NE (3240 3270;3350 3380;3440 3450;3700) |
| Listing VS Median (in 33304) | |
Price: $2,149,000 low | high Med: $287,000 sqft: 3,157 low | high Med: 1,176 $ / sqft: $681 low | high Med: $280 On site: 293 low | high Med: 105.5 | |
