1730 NE 7th St # 5, Fort Lauderdale FL 33304 — #A11948614
- $2,249,000
- $2,249,000
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.
This listing is courtesy of LoKation
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Overview
- Income/MultiFamily
- sqft
- 1961
- A11948614
Details
Updated on June 5, 2026 at 7:26 pm-
Property ID A11948614
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Price $2,249,000
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Year Built 1961
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Type Income/MultiFamily
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Property Status For Sale
Address
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Address: 1730 NE 7th St
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City: Fort Lauderdale
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State/county: Florida
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Zip/Postal Code: 33304
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Country: United States
- JFA Realtors