1515 Nw 2nd Ave, Fort Lauderdale, FL

$550,000

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1,523

Square feet

About 1515 Nw 2nd Ave

5.09% 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 $4,150/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.

Features of 1515 Nw 2nd Ave

MLS® # A11718487
USD $550,000
CAD $770,248
CNY 元3,916,853
EUR €473,852
GBP £410,708
RUB ₽43,790,450
Bathrooms 0.00
Acres 0.00
Year Built 1963
Type Income
Sub-Type Duplex
Status Active

Community Information

Address 1515 Nw 2nd Ave
Area 3390
Subdivision PROGRESSO
City Fort Lauderdale
County Broward
State FL
Zip Code 33311-5547

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Interior Terrazzo
Heating Other
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Patio
Roof Shingle
Construction Block

Additional Information

Date Listed January 9th, 2025
Days on Market 278
Parcel ID 494234016370

Listing Details

OfficeRelated ISG Realty, LLC.
Emailinfo@relatedisgrealty.com

Listing Map

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