1026-1044 NW 7th Avenue, Fort Lauderdale, FL, 33311
About This Home
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.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1949
Materials
- Roof: Barrel
- Construction materials: Block
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 15
- Bathrooms: 5
Features
- Flooring: Other
Heating & Cooling
- Heating features: Electric,Wall Furnace
- Cooling features: Ceiling Fan(s),Electric,Wall/Window Unit(s)
Interior Area
- Total structure area: 6,024
- Total interior livable area: 6,024 sqft
Property
Details
- Parcel number: 494234050910
- Zoning: RD-15
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Lot size: 0.93 Acres
Parking
- Total spaces: 10
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Inland Flooding
- Lightning
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Broward County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,365 | $124,380 |
| Home Insurance * | $2,736 | $32,832 |
| Property Taxes | $1,640 | $19,680 |
| Electricity | $606 | $7,274 |
| Total | $15,347 | $184,164 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Price change | $2,050,000 |
| 2026-04-04 | Listed for sale | $2,200,000 |
View on Zillow