Quadruplex in 1026-1044 NW 7th Avenue, Fort Lauderdale, FL 33311 for sale with MLS# B26011035

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.

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1026-1044 NW 7th Avenue, Fort Lauderdale, FL 33311

Price
Price:
$2,050,000.00
Original List Price:
$2,200,000.00
List Price per Sq Ft (Calculated, Approx.):
$365.2
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Price Reduced
Last Major Update on:
April 24, 2026 8:14 pm
Measures
Living Area:
6,024 Sqft
Built-Up Area:
6,024 Sqft
Building Area Source:
Appraiser
Living Area Source:
Appraiser
Lot Size Acres:
0.93
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Wall/window Unit(s), Electric
Heating
Heating System:
Electric, Window/wall
Construction
Year Built:
1949
Roof:
Barrel
Number of Units Total:
4
Levels:
Two
Construction Materials:
CBS
Flooring:
Other
Number of stories:
1
Number of Units in the Community or Building:
4
Stories:
1
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$8,097.36
Tax Year:
2025
Tax Assessed Value:
$396,750.00
Property Tax Details:
No Homestead
Utilities
Sewer:
Public Sewer
Utilities Available:
Sewer Available, Electricity Connected, Water Connected
Water Source:
Public
Community
Pets Allowed?:
Yes, Pet Restrictions Possible
Subdivision Name:
PROGRESSO
Senior Community:
No
Restrictions:
See Remarks
Terms
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
PROGRESSO 2-18 D LOT 37,38 BLK 193
Real Estate Folio Number (Parcel Number):
494234050910
Zoning:
RD-15
Public Schools Assigned
Elementary School:
Miami Shores
High School:
Dillard 6-12
Middle Or Junior School:
Dillard 6-12
Listing History
Active on the market since:
April 4, 2026
Listing Agreement executed on:
April 3, 2026
Price change occurred on:
April 24, 2026 8:14 pm
Listing Status Last Changed On:
April 4, 2026 11:45 am
Photos updated on:
April 4, 2026 11:45 am
Last Modified:
August 5, 2026 9:37 am
Additional Information
Courtesy of:
VantaSure Realty LLC
Attribution:
Not provided
Location
Street Name:
7th
Street Number:
1026-1044
City:
Fort Lauderdale
State:
Florida
Zip Code:
33311
County:
Broward
Latitude:
N26° 8' 15.5''
Longitude:
W81° 50' 57.3''
Street Suffix:
Avenue
Street Direction Prefix:
NW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $51,918
Median Home Value $276,600
Median Rent $1,385/mo
Median Age 35
Population 73,280

Air Quality

Source: AirNow.gov · Broward County

🌬️ Air Quality Index (AQI) 27 Good
☀️ O3 17 Good
🫁 PM2.5 27 Good
💨 PM10 10 Good
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Association of REALTORS®
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