1515 NW 2nd Ave, Fort Lauderdale FL 33311 | Broward County | A11718487
- $490,000
- Duplex
- 1523 Sq Ft
- $490,000
Description
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.
Property Overview
This property is a 1523 square foot unit built in 1963, currently listed at $500,000. The MLS number for this listing is A11718487. The number of bedrooms and bathrooms is not specified in the provided data.
The property is located at 1515 NW 2nd Ave, Fort Lauderdale FL 33311 in Broward County. No specific amenities are listed in the provided data.
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Address
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Address: 2nd Ave
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33311
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Area: PROGRESSO
Details
Updated on July 8, 2026 at 4:35 pm-
Property ID A11718487
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Price $490,000
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Property Size 1523 Sq Ft
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Year Built 1963
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Type Duplex
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Property Status Active, Residential Income
Additional details
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Flooring Terrazzo
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Cooling Ceiling Fan(s), Wall/Window Unit(s)
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Association Type None
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Building PROGRESSO
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Area Progresso
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Annual Tax 9702
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Subdivision PROGRESSO
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Total Stories 1
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Heating Other
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Structure Type Duplex
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Tax Year 2024
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Construction CBS Construction
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Building Area 1523
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Year Built Details Resale
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Flood Zone AE
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Patio / Porch Patio
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New Construction No
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Style Duplex
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Lot Size (Sq Ft) 0
Features
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