1515 NW 2nd Avenue, Fort Lauderdale, FL 33311
- $490,000
- 1,523
- SqFt
- List Price
- $490,000
- Days on Market
- 20
- MLS#
- A12051695
- Sq. Ft
- 1,523
- Subtype
- Duplex
- County
- Broward
- Subdivision
- Progresso
- Year Built
- 1963
Property Description
4.88% ROI! Incredible investment opportunity just steps from Wilton Manors—one of South Florida’s most desirable and rapidly growing rental markets. This fully rented duplex produces $3,600/month with an estimated 4.88% cap rate, offering immediate cash flow with long-term upside. Each unit has its own washer/dryer, water heater, private electric meter, and spacious backyard—ideal for tenants seeking comfort and privacy. Recent updates include PVC plumbing (no cast iron), no cloth wiring, and newer appliances. Located minutes from Las Olas, Fort Lauderdale Beach, Sistrunk Marketplace, Flagler Village, and major retailers like Publix and Home Depot. Long-term tenants in place with active leases. Whether you're looking for a strong ROI, a 1031 exchange, or a turnkey asset in a prime location.
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Additional Information
- Construction
- Block
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Flooring
- Terrazzo
- Heating
- Other, Separate Meters
- Roof
- Shingle
- Taxes
- $9,912
- Utilities
- Cable Available, Sewer Available
- Stories
- 1
- Price Per Sqft
- $321
- Elementary School
- Thurgood Marshall
- Middle School
- Sunrise
- High School
- Dillard 6-12
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Listing courtesy of Related General Realty, LLC.. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Carlos Jose J Pulido | Email: carlojpulido@gmail.com