Fort Lauderdale, FL 33311 1500 NW 2nd Avenue
$525,000
0 more
Presented By: Charles Rutenberg Realty Orlan
SQFT • 744
Home Details
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.
Presented By: Charles Rutenberg Realty Orlan
Interior Features for 1500 NW 2nd Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Total Stories1
General for 1500 NW 2nd Avenue
CityFort Lauderdale
Construction MaterialsBlock
CoolingCentral Air, Ceiling Fan(s)
CountyBroward
DirectionsUse GPS.
HeatingCentral, Separate Meters
Legal DescriptionPROGRESSO 2-18 D LOT 13 BLK 33
MLS Area3390
New ConstructionNo
Number Of Units Total2
PossessionClose Of Escrow
PostalCityFort Lauderdale
Property ConditionResale
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition, Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameProgresso 2-18 D
Tax Annual Amount6098
Tax Year2024
UtilitiesCable Available
Virtual TourClick here
Year Built1973
Exterior for 1500 NW 2nd Avenue
Building Area Total1488
Lot Dimensions6750
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
Sonia White
Realtor®
