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Property 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.

Features
Patio
3
Address Map
FL
Broward County
Fort Lauderdale
33311
1515 NW 2nd Ave
PROGRESSO
W81° 51' 12.1''
N26° 8' 46.2''
PROGRESSO
MLS Addon
Attached
All Cash, Conventional
1
2
Other Rent Incl
1
Duplex
$9,702
2024
Click Here
RDS-15
2
05/02/2026 06:04:56

1515 NW 2nd Ave, Fort Lauderdale, Florida 33311

$520,000
1,523 size sq.ft.
Listing ID #A11718487
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11718487
Price $520,000
Square Footage 1,523 Sqft
Year Built 1963
Days on Market 418
Building Area 1,523 Sqft
Status Active
Property SubType Duplex
On Market Date 09/01/2025
Elena Beck
MiamiInvestrealty
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