Duplex in 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311 for sale with MLS# A12051695
5.86% EST. CAP RATE!! Fully rented duplex near highly desirable Wilton Manors generating $3,600/month in rental income. Tenants pay water and electricity, helping keep owner expenses low and providing immediate income from day one. Each unit offers its own washer/dryer, water heater, separate electric meter and private backyard-features that support tenant privacy and long-term rental appeal. Property features mostly PVC plumbing, no cloth wiring and newer appliances. Long-term tenants are already in place with active leases. Minutes from Wilton Manors, Las Olas, Flagler Village, Sistrunk Marketplace, Downtown Fort Lauderdale and the beach. An attractive opportunity for buy-and-hold or 1031 exchange investors seeking an occupied income-producing asset in a prime Fort Lauderdale location.
1515 NW 2nd Avenue, Fort Lauderdale, FL 33311
- Price:
- $465,000.00
- Original List Price:
- $490,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $305.31
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 21, 2026 9:54 pm
- Living Area:
- 1,523 Sqft
- Built-Up Area:
- 1,523 Sqft
- Waterfront:
- No
- Patio and Porch:
- Patio
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Wall/window Unit(s)
- Heating
- Heating System:
- Other, Separate Meters
- Year Built:
- 1963
- Roof:
- Shingle
- Number of Units Total:
- 2
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Terrazzo
- Number of stories:
- 1
- Structure Type:
- Duplex
- Number of Units in the Community or Building:
- 2
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $9,912.00
- Tax Year:
- 2025
- Utilities Available:
- Cable Available, Sewer Available
- Subdivision Name:
- PROGRESSO
- Senior Community:
- No
- Documents Available:
- Other Available Information
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- PROGRESSO 2-18 D LOT 9 BLK 32
- Real Estate Folio Number (Parcel Number):
- 494234016370
- Zoning:
- RDS-15
- Elementary School:
- Thurgood Marshall
- High School:
- Dillard 6-12
- Middle Or Junior School:
- Sunrise
- Active on the market since:
- July 10, 2026
- Listing Agreement executed on:
- July 10, 2026
- Price change occurred on:
- August 21, 2026 9:54 pm
- Listing Status Last Changed On:
- July 10, 2026 4:00 am
- Photos updated on:
- September 2, 2026 5:41 pm
- Last Modified:
- September 2, 2026 5:46 pm
- Courtesy of:
- Related General Realty, LLC.
- Attribution:
- Not provided
- Street Name:
- 2nd
- Street Number:
- 1515
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33311
- County:
- Broward
- Latitude:
- N26° 8' 46.1''
- Longitude:
- W81° 51' 11.9''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NW

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates