$1,749,000

620 SW 7TH ST #16, FORT LAUDERDALE, FL 33315

0 baths2,809 sq ft2 to 4 unitsBuilt 1960
Updated today, November 3, 2026

This home against Tarpon River

$623 per sq ft, 75% over the Tarpon River median
128 days on the market
$25,710 in property taxes (2025)

Tarpon River today: 59 homes for sale, median list price $499,000.

About this home

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.

Zoned schools

Elementary: Croissant Park Elementary School
Middle: New River Middle School
High: Stranahan High School

From Broward County Public Schools attendance zones.

Near this home

Park: Florence C Hardy Park, 0.2 mi
Grocery: Publix, 0.3 mi

Distances from the center of Tarpon River, FORT LAUDERDALE.

Listing courtesy of LoKation. MLS# A12045284.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed June 27, 2026.

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