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| Asking Price | $1,749,000 |
|---|---|
| Price per SqFt | $623 |
| Maintenance fee | Inquire |
| Property Taxes | $25,710 2025 |
| Interior Space | 2,809 SqFt |
| Beds/Baths | —/— |
| Year Built | 1960 |
| Pool | No |
| MLS # | A12045284 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by LoKation
Sales History for This Home · 620 SW 7th Street 16, Fort Lauderdale, FL 33315
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| F10399951 | $1,350,000 | 3/25/24 |
| F10086598 | $582,500 | 11/20/17 |
| F10086407 | $582,500 | 11/20/17 |

Listed by LoKation. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Fort Lauderdale and throughout South Florida.
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Location
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