1500 NW 2nd Avenue, Fort Lauderdale, FL 33311
Local realty services provided by:First Service Realty ERA Powered
Listed by: daniel ferreira
Office: charles rutenberg realty orlan407-622-2122
MLS#:F10541961
Source:SEFMLS
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 Florida's most desirable rental markets. With a projected cap rate of 6%+, this property offers significant upside for investors looking to maximize returns. Now delivered vacant, this property offers the flexibility to renovate, reposition, and lease at market rates immediately. Recent updates include newer water heaters, updated interior air-handling units, and other improvements that help reduce near-term capital expenses. Property is being sold without outdoor A/C condenser units. Listing agent related to seller.
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Home facts
- Year built:1973
- Subdivision & Development:Progresso 2-18 D
- Listing ID #:F10541961
- Updated:July 06, 2026 at 03:50 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
- Levels:1 Story
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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