Listed By:
This listing is courtesy of Related General Realty, LLC.
Address
1515 Nw 2nd Ave, Fort Lauderdale, FL
Price
$ 465,000
Property Attributes
  • MLS#A12051695
  • TypeIncome
  • Listing Status Active
  • CountyBroward
  • CityFort Lauderdale
  • Area3390
  • NeighborhoodPROGRESSO
  • Zip33311
  • Style
  • Year Built1963
  • Taxes$ 9912
  • Price$ 465,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1523
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

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.

Price History
7/10/2026 Listed $490,000
8/21/2026 5$465,000

General Features

Sewer Other
Heating Other
Cooling Ceiling Fan(s),Wall/Window Unit(s)
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Patio/Porch Features Patio
Pool Features None
Construction Materials Block
Year Built 1963
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Broward
Property Type Residential Income
Subdivision Name PROGRESSO
Rent Includes Other
Full Baths 1
Status Active
Directions Take I-95 to Sunrise Blvd and head east. Turn left (north) on NW 9th Ave (Powerline Rd), then right on NW 15th St. Turn left on NW 2nd Ave. Property is on the left side.
City Fort Lauderdale
Disclosures Owner Is Listing Agent
Zoning Description RDS-15
Number Of Units Total 1
MLS Area 3390
Lot Size Units Square Feet
Listing Terms Cash,Conventional
Year Built Details Resale
Tax Annual Amount 9912
MLS Area Minor Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12051695
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Duplex
PostalCity Fort Lauderdale
Legal Description PROGRESSO 2-18 D LOT 9 BLK 32

Interior Features

Flooring Terrazzo
Air Conditioning Y/N true
Total Bedrooms 1

Exterior Features

Exterior Amenities Patio
Lot Features < 1/4 Acre
Total Parking 3
Spa false
Building Area Total 1523
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33311

Price
AVG $560K
$470K
Taxes
AVG $7,617
$9,912
Year Built
AVG 1969
1963

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover