1515 NW 2nd Avenue, Fort Lauderdale, FL 33311
Listing Snapshot
| List Price | $490,000 |
| Price / Sq Ft | $322 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 1,523 sqft |
| Year Built | 1963 |
| Property Tax | $9,702/yr |
| MLS # | 1118006322 |
| Status | Active |
| Days on Market | 511 |
About This Home
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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Duplex
- Stories
- 1
- Parking Spaces
- 3
- Zoning
- RDS-15
- Utilities
- CableAvailable,SewerAvailable
- Subdivision
- PROGRESSO
Interior Features
- Flooring
- Terrazzo
- Heating
- Other,SeparateMeters
- Cooling
- CeilingFans,WallWindowUnits
Exterior Features
- Construction
- Block
- Exterior Features
- OutdoorLivingArea
- Roof
- Shingle
- Patio / Porch
- Patio
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 3390
Schools
Map
Virtual Tour
View Virtual TourMLS# 1118006322 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
20% down · Loan: $392,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.