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

New Listing

$1,749,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12045322

Property Type: Commercial Sale Square Footage: 2,809 Status: Active

Current Price: $1,749,000 List Date: 6/29/2026 Last Modified: 6/30/2026

Overview

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 investo ... (Read more)

Listing Details MLS# A12045322

General Property Information

Property Sub Type: Multi Family
Occupant Type: Tenant
Building Area Main: 2809
Year Built: 1960
Lot Size Area: 8075
Lot Size Acres: 0.19

Property Features

Possession: Close Of Escrow Listing Terms: Cash; Conventional Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 1749000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 620
Street Direction Prefix: SW
Street Name: 7th
Street Suffix: Street
Unit Number: 16
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33315
Postal Code +4: 3800
Area: 3470
Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Parcel Number: 504210670100
Subdivision Number: 67
Multiple Offers Accepted: Yes
Zoning: RD-15
Flood Zone: AE

Financial Information

Tax Annual Amount: 25710
Tax Year: 2025
Tax Legal Description: PINEWOOD PLACE RESUB PT BLK 62 FT LAUDERDALE 7-20 B LOT 11 LESS S 45 & LESS N 5 1/2 FOR R/W,12 LESS S 45,LESS N 5 1/2 & LESS W 5 FOR RD BLK

Status Change Information

Major Change Timestamp: 2026-06-29T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-29

More Information

Income and Expenses

Gross Income: 195000

Price Calculations

Current Price To SqFt: 622.64

Section Details

Parcel Number MLX: 0100

Originating Details

Originating System Key: 519211631
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Possession

Close Of Escrow: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Listing Office: LoKation

Last Updated: June - 30 - 2026

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620 SW 7th Street 16, Fort Lauderdale, FL 33315 (MLS# A12045322)