Duplex in 1500 NW 2nd Avenue, Fort Lauderdale, FL 33311 with MLS# F10541961
Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South Florida's most desirable rental markets. With a projected cap rate of 6%+, this property offers significant upside for investors looking to maximize returns. Now delivered vacant, this property offers the flexibility to renovate, reposition, and lease at market rates immediately. Recent updates include newer water heaters, updated interior air-handling units, and other improvements that help reduce near-term capital expenses. Property is being sold without outdoor A/C condenser units. Listing agent related to seller.
1500 NW 2nd Avenue, Fort Lauderdale, FL 33311
- Price:
- $525,000.00
- Original List Price:
- $545,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $705.64
- Close Price:
- $320,000.00
- Transaction closed on:
- July 13, 2026
- Listing Type:
- Sold
- Status:
- Closed
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- July 14, 2026 5:16 pm
- Living Area:
- 744 Sqft
- Built-Up Area:
- 1,488 Sqft
- Lot Size Dimensions and Info:
- 6750
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s)
- Heating
- Heating System:
- Central, Separate Meters
- Year Built:
- 1973
- Roof:
- Shingle, Composition
- Number of Units Total:
- 2
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 1
- Number of Units in the Community or Building:
- 2
- Property Condition:
- Resale
- Tax Annual Amount:
- $6,098.00
- Tax Year:
- 2024
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- Progresso 2-18 D
- Senior Community:
- No
- Documents Available:
- Rent Rolls
- Listing Terms Considered by Seller:
- Cash, Conventional, 1031 Exchange
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- PROGRESSO 2-18 D LOT 13 BLK 33
- Real Estate Folio Number (Parcel Number):
- 494234016640
- Zoning:
- RDS-15
- Active on the market since:
- June 11, 2026
- Listing Agreement executed on:
- December 19, 2025
- Purchase Contract Date:
- June 23, 2026
- Price change occurred on:
- January 7, 2026 10:18 pm
- Listing Status Last Changed On:
- July 14, 2026 5:16 pm
- Photos updated on:
- December 25, 2025 1:41 am
- Last Modified:
- September 4, 2026 2:39 pm
- Courtesy of:
- Charles Rutenberg Realty Orlan
- Attribution:
- Not provided
- Street Name:
- 2nd
- Street Number:
- 1500
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33311
- County:
- Broward
- Latitude:
- N26° 8' 44.7''
- Longitude:
- W81° 51' 12.9''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NW

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