Commercial Sale Active
1730 NE 7th St # 5, Fort Lauderdale FL 33304
  • $2,249,000

Overview

MLS ID: A11948614

Description

Prime Victoria Park Multifamily | Legal 5-Unit Turnkey Short-Term Rental Investment
Rare 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

Updated on January 20, 2026 at 11:38 am
  • MLS ID A11948614
  • Price $2,249,000
  • Year Built 1961
  • Property Type Income/MultiFamily
  • Property Status Commercial Sale

Additional details

  • Total Building Area 3157
  • Building Area Units Square Feet
  • MLS Status Active
  • Lot Size Square Feet 6633
  • BusinessType Apartments, Residential-Multi-Family
  • Association Fee 0
  • Zoning RCS-15
  • Tax Annual Amount 26554
  • Tax Year 2025
  • Days On Market 1

Address

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  • Address: 7th St
  • City: Fort Lauderdale
  • State/county: Broward County
  • Zip/Postal Code: 33304

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