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1515 NW 2nd Ave

Fort Lauderdale, FL 33311
  • $540,000
  • STATUS: Active
  • ON SITE: 379 Days
  • MLS #: A11718487
UPDATED: 42 min ago
$540,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,523
    SQFT
  • $355
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Ratings & Info

Description

4.93% 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 $3,850/month with an estimated 5% 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.

Monthly Payment Calculator



Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-01-24T09:51:06.643.
www.welovesouthflorida.com/homes/159309199
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1515 NW 2nd Ave Fort Lauderdale, FL 33311

  • Price: $540,000
  • Status: Active
  • On Site: 379 Days
  • Updated: 42 min ago
  • MLS #: A11718487
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,523
SQFT
$355
$/SQFT
1963
Built
Neighborhood:
Progresso
County:
Broward
Area:
Progresso
Property Description
4.93% 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 $3,850/month with an estimated 5% 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.
Exterior Features

Architectural Style Attached Construction Materials CBS Construction Lot Features Less Than 1/4 Acre Lot Parking Total 3 Patio And Porch Features Patio Pool Private YN No Roof Shingle View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 1523 Building Area Total 1523 Cooling Ceiling Fan(s)Wall/Window Unit(s) Flooring Terrazzo Heating Other Heating YN Yes Stories 1

Property Features

Association YN No Building Name PROGRESSO Cooling YN Yes Documents Available Other Available Information Horse YN No Listing Terms All CashConventional New Construction YN No Property Sub Type Duplex Public Survey Section 34 Rent Includes Other Rent Incl Sewer Other Spa YN No Structure Type Duplex Tax Annual Amount 9702 Tax Year 2024 Type Of Association None Year Built Details Resale Zoning RDS-15

Listing courtesy of Related General Realty, LLC.: .


Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-01-24T09:51:06.643.
 
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The Agency Fort Lauderdale West
9640 Stirling Rd, Suite 108
Cooper City FL, 33024