1515 NW 2nd Ave, Fort Lauderdale, FL 33311

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1515 NW 2nd Ave,Fort Lauderdale, FL 33311
$465,000
  • - Beds
  • - Baths
  • 1,523 sq. ft.
  • Multi-family
  • Active
Listed by: carlos jose pulido, carlos pulido
Office: related general realty, llc.305-932-6365
MLS#:A12051695
Source:SEFMLS

Price summary

  • Price:$465,000
  • Price per sq. ft.:$305.32

About this home

5.86% EST. CAP RATE!! Fully rented duplex near highly desirable Wilton Manors generating $3,600/month in rental income. Tenants pay water and electricity, helping keep owner expenses low and providing immediate income from day one. Each unit offers its own washer/dryer, water heater, separate electric meter and private backyard—features that support tenant privacy and long-term rental appeal. Property features mostly PVC plumbing, no cloth wiring and newer appliances. Long-term tenants are already in place with active leases. Minutes from Wilton Manors, Las Olas, Flagler Village, Sistrunk Marketplace, Downtown Fort Lauderdale and the beach. An attractive opportunity for buy-and-hold or 1031 exchange investors seeking an occupied income-producing asset in a prime Fort Lauderdale location.

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Home facts

  • Year built:1963
  • Subdivision & Development:PROGRESSO
  • Listing ID #:A12051695
  • Updated:October 09, 2026 at 10:04 AM

Rooms and interior

  • Flooring:Terrazzo
  • Living area:1,523 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Wall/Window Units

Structure and exterior

  • Roof:Shingle
  • Year built:1963
  • Building area:1,523 sq. ft.
  • Lot Features:Flood Zone
  • Construction Materials:Block
  • Exterior Features:Patio
  • Levels:1 Story

Finances and disclosures

  • Price:$465,000
  • Price per sq. ft.:$305.32
  • Tax amount:$9,912 (2025)

Parking

  • Total parking spaces:3
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