1500 NW 2nd Avenue, Fort Lauderdale, FL 33311

Fort Lauderdale
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1500 NW 2nd Avenue,Fort Lauderdale, FL 33311
$525,000
Virtual Tour
  • - Beds
  • - Baths
  • 744 sq. ft.
  • Multi-family
  • Active
Listed by: daniel ferreira
Office: charles rutenberg realty orlan
MLS#:F10541961
Source:RMLS

Price summary

  • Price:$525,000
  • Price per sq. ft.:$352.82

About this home

Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South FL’s most desirable rental markets. With a projected cap rate of 6%+, this property offers immediate income and significant upside.The current financials do not reflect the property’s full earning potential—rents are substantially below market, presenting a clear opportunity for increased cash flow over time. Both units are currently occupied, providing day-one income for the next owner.Major updates include newer water heaters and A/C units reducing near term capital expenses and adding peace of mind.If you’re looking to add a strong asset to your portfolio, this duplex checks all the boxes: location, stability, and upside. Listing agent related to seller.

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Home facts

  • Year built:1973
  • Listing ID #:F10541961
  • Added:101 day(s) ago
  • Updated:March 31, 2026 at 02:46 PM

Rooms and interior

  • Flooring:Tile
  • Living area:744 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1973
  • Building area:744 sq. ft.
  • Construction Materials:Block
  • Exterior Features:Porch

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$352.82
  • Tax amount:$6,098 (2024)
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