1026 NW 7th Avenue, Fort Lauderdale, FL 33311 (MLS# B26011035)

1026 NW 7th Avenue, Fort Lauderdale, FL 33311

New Listing
$2,200,000
Property Type: Residential Income Square Footage: 6,024 Status: Active
Current Price: $2,200,000 List Date: 4/04/2026 Last Modified: 4/04/2026

Overview

Description

Unlock a rare investment opportunity to own five income-producing residential properties spanning approximately 0.93 acres in the heart of downtown Fort Lauderdale. All units are tenant-occupied with month-to-month leases, and each tenant has maintained occupancy for at least one year, providing immediate and consistent cash flow. This versatile portfolio offers multiple value-add possibilities—renovate the existing homes, redevelop the parcels individually, or pursue a larger-scale development project. The property also features an on-site management office for added convenience. With future land use designated as CC-CMU, the site allows for significantly higher-density development, making it an exceptional opportunity for investors and developers looking to capitalize.

Listing Details MLS# B26011035

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
6024
Building Area Source
Appraiser
Living Area Main
6024
Living Area Source
Appraiser
Accessibility Features YN
No
Year Built
1949
Parking Total
10
Gated Community YN
No
Lot Size Area
40533
Lot Size Acres
0.93
Senior Community YN
No
Stories Total
Yes
Stories
Yes
Pool Private YN
No
LP/Assessed Value
5.55

Property Features

Documents Available: None Exterior Features: None Flooring: Other Property Condition: Resale Special Listing Conditions: Standard Tenant Pays: None Construction Materials: CBS Cooling: Ceiling Fan(s); Electric; Wall/Window Unit(s) Heating: Electric; Window/Wall Listing Terms: 1031 Exchange; Cash Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow Restrictions: See Remarks Roof: Barrel Sewer: Public Sewer Tax Information: No Homestead Utilities: Electricity Connected; Sewer Available; Water Connected Water Source: Public Showing Requirements: See Remarks Unit 1 Appliances: Refrigerator Unit 1 Other Equipment: Other Equipment Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Other Equipment Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Parking Features: Open Parking Unit 4 Appliances: Range; Refrigerator Unit 4 Parking Features: Open Parking Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2026-04-03
Original List Price
2200000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
1026
Street Direction Prefix
NW
Street Name
7th
Street Suffix
Avenue
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33311
Postal Code +4
6246
Subdivision Name
PROGRESSO
Area
3390
Geographic Area
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Elementary School
North Side
Middle Or Junior School
Sunrise
High School
Dillard 6-12
Special Assessment YN
No
Parcel Number
494234050910
Subdivision Number
5
Zoning
RD-15
Flood Zone
AE

Financial Information

Master Association YN
No
Tax Annual Amount
8097.36
Tax Year
2025
Tax Assessed/SOH Value
396750
Tax Legal Description
PROGRESSO 2-18 D LOT 37,38 BLK 193
Assessor Market Value
396750
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-04-04T11:45:13Z
Major Change Type
New Listing
Status Change Date
2026-04-04

More Information

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
5
Separate Gas Meters YN
Yes
Number Of Separate Gas Meters
5
Separate Water Meters YN
Yes
Number Of Separate Water Meters
5

Pet Details

Pet Fee YN
No

Showing Details

Pet(s) on Premises
No

Unit 1 Details

Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1081
Actual Rent
0

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-12-31
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
985
Actual Rent
0

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-12-31
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Unit 3 Details

Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1268
Actual Rent
0

Unit 3 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-12-31
Occupant Type
Tenant

Unit 3 Parking Details

Carport YN
No
Garage YN
No

Unit 4 Details

Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
2690
Actual Rent
0

Unit 4 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-12-31
Occupant Type
Tenant

Unit 4 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
365.2

Originating Details

Originating System Key
20260403204925197131000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Exterior Features

None
Yes

Flooring

Other
Yes

Property Condition

Resale
Yes

Special Listing Conditions

Standard
Yes

Documents Available

None
Yes

Tenant Pays

None
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Connected
Yes
Sewer Available
Yes
Water Connected
Yes

Heating

Electric
Yes
Window/Wall
Yes

Construction Materials

CBS
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes

Roof

Barrel
Yes

Water Source

Public
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

See Remarks
Yes

Main Living Area

Entry Level
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Pet Restrictions Possible
Yes

Restrictions

See Remarks
Yes

Tax Information

No Homestead
Yes

Unit 1 Appliances

Refrigerator
Yes

Unit 1 Other Equipment

Other Equipment
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Other Equipment
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 2 Rooms

Kitchen
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Parking Features

Open Parking
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Parking Features

Open Parking
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
Less Than 1 Acre Lot
Yes
Listing Office: VantaSure Realty LLC
IDX
Last Updated: April - 04 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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