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.

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1500 NW 2nd Avenue, Fort Lauderdale, FL 33311

Price
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
Property Status and Type
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
Measures
Living Area:
744 Sqft
Built-Up Area:
1,488 Sqft
Lot Size Dimensions and Info:
6750
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s)
Heating
Heating System:
Central, Separate Meters
Construction
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
Taxes and Expenses
Tax Annual Amount:
$6,098.00
Tax Year:
2024
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
Progresso 2-18 D
Senior Community:
No
Terms
Documents Available:
Rent Rolls
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
PROGRESSO 2-18 D LOT 13 BLK 33
Real Estate Folio Number (Parcel Number):
494234016640
Zoning:
RDS-15
Listing History
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
Additional Information
Courtesy of:
Charles Rutenberg Realty Orlan
Attribution:
Not provided
Location
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
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 1500 NW 2nd Avenue, Fort Lauderdale, FL 33311
Association of REALTORS®
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