Duplex in 1515 NW 2nd Ave Fort Lauderdale for sale with MLS# A11718487
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.
1515 NW 2nd Ave, Fort Lauderdale, FL 33311
- Price:
- $510,000.00
- Previous Asking Price:
- $520,000.00
- Original List Price:
- $650,000.00
- Rent Includes:
- Other
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- MLS Number:
- A11718487
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- April 1, 2026 4:59 pm
- Living Area:
- 1,523 Sqft
- Built-Up Area:
- 1,523 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Exterior:
- Patio
- Patio and Porch:
- Patio
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Wall/window Unit(s)
- Heating System:
- Other
- Year Built:
- 1963
- Year Built Details:
- Resale
- Roof:
- Shingle
- Levels:
- One
- Construction Materials:
- Block
- Flooring:
- Terrazzo
- Stories:
- 1
- Tax Annual Amount:
- $9,702.00
- Tax Year:
- 2024
- Property Tax Status:
- Tax Reflects No Homestead Exemption
- Parking Total Spaces:
- 3
- Covered Spaces:
- 0
- Sewer:
- Other
- Utilities Available:
- Cable Available
- Subdivision Name:
- PROGRESSO
- Senior Community:
- No
- Documents Available:
- Other
- Disclosures:
- Owner Is Listing Agent
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Buyer Possession:
- Closing And Funding
- Lease Considered:
- No
- Tax Legal Description:
- PROGRESSO 2-18 D LOT 9 BLK 32
- Real Estate Folio Number (Parcel Number):
- 494234016370
- Zoning Description:
- RDS-15
- Originally published on:
- January 9, 2025 12:23 pm
- Active on the market since:
- January 9, 2025
- Price change occurred on:
- April 1, 2026 4:59 pm
- Listing Status Last Changed On:
- January 9, 2025 12:23 pm
- Photos updated on:
- February 5, 2026 6:17 am
- Last Modified:
- April 10, 2026 5:42 pm
- Flood Zone:
- AE
- Type of Association:
- None
- Style:
- Duplex
- Subdivision Number:
- 1
- Courtesy of:
- Related General Realty, LLC.
- Attribution:
- Not provided
- Street Name:
- 2nd Ave
- Street Number:
- 1515
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33311
- County:
- Broward
- Latitude:
- N26° 8' 46.2''
- Longitude:
- W81° 51' 12.1''
- Street Direction Prefix:
- NW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Broward County
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