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.
Property Details
Price:
$465,000
MLS #:
A12051695
Status:
Active
Beds:
0
Baths:
0
Address:
1515 NW 2nd Ave
Type:
Multi Family
Subtype:
Duplex
Subdivision:
PROGRESSO
Neighborhood:
progresso
City:
Fort Lauderdale
Listed Date:
Jul 10, 2026
State:
FL
Finished Sq Ft:
1,523
Total Sq Ft:
1,523
ZIP:
33311
Year Built:
1963
Units:
2
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Schools
Interior
Cooling
Ceiling Fan(s), Wall/ Window Unit(s)
Flooring
Terrazzo
Heating
Other
Exterior
Architectural Style
Attached
Construction Materials
C B S Construction
Parking Spots
3
Roof
Shingle
Financial
Tax Year
2025
Taxes
$9,912
Map
Community
- Address1515 NW 2nd Ave Fort Lauderdale FL
- SubdivisionPROGRESSO
- CityFort Lauderdale
- CountyBroward County
- Zip Code33311
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1515 NW 2nd Ave
Fort Lauderdale, FL
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