$550,000
1515 NW 2nd Ave
Fort Lauderdale, FL, 33311
5.09% 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 $4,150/month with an estimated 5% 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.
Property Details
Price:
$550,000
MLS #:
A11718487
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
PROGRESSO
Neighborhood:
progresso
Listed Date:
Jan 9, 2025
Finished Sq Ft:
1,523
Total Sq Ft:
1,523
Year Built:
1963
Units:
2
Schools
Interior
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Flooring
Terrazzo
Heating
Other
Exterior
Architectural Style
Attached
Construction Materials
CBS Construction
Parking Spots
3
Roof
Shingle
Financial
Tax Year
2024
Taxes
$9,702
Mortgage Calculator
Map
Current real estate data for Multi Family in Fort Lauderdale as of Oct 24, 2025
98
Multi Family Listed
129
Avg DOM
451
Avg $ / SqFt
$1,103,958
Avg List Price
Community
- Address1515 NW 2nd Ave Fort Lauderdale FL
- SubdivisionPROGRESSO
- CityFort Lauderdale
- CountyBroward County
- Zip Code33311
Similar Listings Nearby
Property Summary
- Located in the PROGRESSO subdivision, 1515 NW 2nd Ave Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33311. It is listed for $550,000

1515 NW 2nd Ave
Fort Lauderdale, FL

