1515 NW 2nd Ave, Fort Lauderdale, FL 33311

Fort Lauderdale
Local realty services provided by:First Service Realty ERA Powered
1515 NW 2nd Ave,Fort Lauderdale, FL 33311
$490,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,523 sq. ft.
  • Multi-family
  • Active
Listed by: carlos pulido, carlos jose pulido
Office: related general realty, llc.305-932-6365
MLS#:A11718487
Source:SEFMLS

Price summary

  • Price:$490,000
  • Price per sq. ft.:$321.73

About this home

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.

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Home facts

  • Year built:1963
  • Listing ID #:A11718487
  • Updated:July 08, 2026 at 09:57 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.
  • Construction Materials:Block
  • Exterior Features:Patio
  • Levels:1 Story

Finances and disclosures

  • Price:$490,000
  • Price per sq. ft.:$321.73
  • Tax amount:$9,702 (2024)

Parking

  • Total parking spaces:3
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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