Price Reduced 7.69%
Price History
$650,000
1/9/2025
$630,000
3/24/2025
$599,999
4/25/2025
1515 NW 2nd Ave, Fort Lauderdale, FL, 33311
1963
1,523 sqft
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 4.7% 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.
Status:
Active
Type:
Multi-family
Zoning:
RDS-15
Subdivision:
PROGRESSO
Heating:
Other
Cooling:
Ceiling Fan(s), Wall/Window Unit(s)
Parking:
3-car
Est. Taxes:
$9,702
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
118
Pool:
None
MLS #:
A11718487
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Related ISG Realty, LLC. Phone: 305-932-6365