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.

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1515 NW 2nd Avenue, Fort Lauderdale, FL 33311

Price
Price:
$465,000.00
Original List Price:
$490,000.00
List Price per Sq Ft (Calculated, Approx.):
$305.31
Property Status and Type
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
Measures
Living Area:
1,523 Sqft
Built-Up Area:
1,523 Sqft
Property Features
Waterfront:
No
Patio and Porch:
Patio
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Wall/window Unit(s)
Heating
Heating System:
Other, Separate Meters
Construction
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
Taxes and Expenses
Tax Annual Amount:
$9,912.00
Tax Year:
2025
Utilities
Utilities Available:
Cable Available, Sewer Available
Community
Subdivision Name:
PROGRESSO
Senior Community:
No
Terms
Documents Available:
Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
PROGRESSO 2-18 D LOT 9 BLK 32
Real Estate Folio Number (Parcel Number):
494234016370
Zoning:
RDS-15
Public Schools Assigned
Elementary School:
Thurgood Marshall
High School:
Dillard 6-12
Middle Or Junior School:
Sunrise
Listing History
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
Additional Information
Courtesy of:
Related General Realty, LLC.
Attribution:
Not provided
Location
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
Property Map

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Neighborhood Stats

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

Median Household Income $51,918
Median Home Value $276,600
Median Rent $1,385/mo
Median Age 35
Population 73,280
Ver la Propiedad Ver la propiedad 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.