$1,749,000Active

620 SW 7th Street 16, Fort Lauderdale, FL 33315

Fort Lauderdale, FL 33315

Sq Ft

1960

Year Built

0.19 acres

Lot Size

Listing Snapshot

List Price	$1,749,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.19 acres

Year Built	1960
Property Tax	$25,710/yr
HOA / Condo Fee	$0
MLS #	1176223903
Status	Active

About This Home

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.