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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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620 SW 7th St Unit 1-6 , Fort Lauderdale, FL 33315
$1,749,000
Est. Payment: $3,886.67/mo
0 Bed
0 Bath
2809 Sqft
Status: Active | Days on site: 81
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RALE02 - 3370734
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House 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 investors a rare combination of strong in-place income, stable rental demand, future upside and long-term appreciation potential in one of South Florida’s most dynamic urban neighborhoods.

Highlights

Listed by Patrizia Goglio , 786-450-8975 LoKation , 954-545-5583.

Property Type

Multi-Family

Year Built

1960

County

Broward

Area

3470

Neighborhood

Pinewood Place Resub Pt

Listing ID

A12045284

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:< 1/4 Acre
Garage Capacity:6
Zoning:RD-15
Roof:Shingle
Sewer:Public Sewer
Principal Interest
$3,887
Taxes
$2,143

Home Price

$1,749,000

Loan Details

30 yrs
%

Down Payment

20%
$349,800
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Monthly Price:
$3,886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,886.67 $2,142.50 $0.00 $6,029.17
Yearly $46,640.00 $25,710.00 $0.00 $72,350.00
Total $1,399,200.00 $771,300.00 $0.00 $2,170,500.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fort Lauderdale, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.