Fort Lauderdale, FL 33311 1515 NW 2nd Ave
$490,000
59 more
Presented By: This listing is courtesy of Related General Realty, LLC.
Beds • 2
Baths • 1
SQFT • 1,523
Home Details
4.88% 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 $3,600/month with an estimated 4.88% 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.
Presented By: This listing is courtesy of Related General Realty, LLC.
Interior Features for 1515 NW 2nd Ave
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTerrazzo
General for 1515 NW 2nd Ave
CityFort Lauderdale
Construction MaterialsBlock
CoolingCeiling Fan(s), Wall/Window Unit(s)
CountyBroward
DirectionsTake I-95 to Sunrise Blvd and head east. Turn left (north) on NW 9th Ave (Powerline Rd), then right on NW 15th St. Turn left on NW 2nd Ave. Property is on the left side.
DisclosuresOwner Is Listing Agent
Full Baths1
HeatingOther
Legal DescriptionPROGRESSO 2-18 D LOT 9 BLK 32
LevelsOne
Listing TermsCash, Conventional
Lot Size UnitsSquare Feet
MLS Area3390
MLS Area MinorFt Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Number Of Units Total2
Occupancy TypeTenant
Patio/Porch FeaturesPatio
Pool FeaturesNone
PossessionClosing & Funding
PostalCityFort Lauderdale
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent IncludesOther
RoofShingle
SewerOther
Standard StatusActive
StatusActive
Stories Count1
Subdivision NamePROGRESSO
Tax Annual Amount9702
Tax Year2024
UtilitiesCable Available
Virtual TourClick here
Year Built1963
Year Built DetailsResale
Zoning DescriptionRDS-15
Exterior for 1515 NW 2nd Ave
Building Area Total1523
Covered Spaces
Exterior AmenitiesPatio
Lot Features< 1/4 Acre
SpaNo
Total Parking3
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Robin Johnson, P.A.
Realtor®
