620 Sw 7th St Unit 1-6, Fort Lauderdale, FL 33315

$1,749,000
2,809
SqFt

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List Price
$1,749,000
MLS
A12045284
Complex Name
Pinewood Place Resub Pt
Status
ACTIVE
Type
Multifamily
Living Area
2,809

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.

Additional Information

Days on Market
30
Style
Quadruplex, Fourplex
#Parking Spaces
6
Year Built
1960
Development Name
Pinewood Place Resub Pt
#Stories
1
Construction Type
Concrete Block Construction
Section
10

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Calculator source: Real Geeks

Listing Courtesy of LoKation, Contact: 786-450-8975