Fort Lauderdale, FL 33311,1515 NW 2nd Ave
Fort Lauderdale, FL 33311,1515 NW 2nd Ave
Fort Lauderdale, FL 33311,1515 NW 2nd Ave
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Thu
29
Jan
Fri
30
Jan
Sat
31
Jan
$540,000
Est. payment /mo
1,523 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,523 sqft

Price per Sqft $354

Subdivision Progresso

MLS Listing ID A11718487

HOA Y/N No

Year Built 1963

Annual Tax Amount $9,702

Tax Year 2024

Property Sub-Type Duplex

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.

Location

State FL

County Broward

Community Progresso

Area 3390

Direction 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.

Interior

Heating Other

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Terrazzo

Exterior

Exterior Feature Patio

Pool None

Utilities Available Cable Available

Roof Type Shingle

Porch Patio

Total Parking Spaces 3

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Other

Level or Stories One

Structure Type Block

Others

Tax ID 494234016370

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11718487


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Related General Realty, LLC.

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Bayview Elementary School

    Public | KG - 5

  • 9

    Harbordale Elementary School

    Public | KG - 5

  • 9

    Virginia Shuman Young Elementary School

    Public | PK - 5

  • 8

    Floranada Elementary School

    Public | KG - 5

  • 7

    Sunland Park Academy

    Public | PK - 3

  • 5

    Charter School of Excellence

    Public | KG - 5

  • 5

    North Side Elementary School

    Public | PK - 5

  • 5

    Bennett Elementary School

    Public | PK - 5

  • 5

    Wilton Manors Elementary School

    Public | PK - 5

  • 5

    Somerset Village Academy

    Public | KG - 5

  • 5

    Oriole Elementary School

    Public | PK - 5

  • 4

    Riverland Elementary School

    Public | PK - 5

  • 4

    Westwood Heights Elementary School

    Public | PK - 5

  • 4

    North Fork Elementary School

    Public | PK - 5

  • 4

    Rock Island Elementary School

    Public | PK - 5

  • 4

    Lloyd Estates Elementary School

    Public | PK - 5

  • 3

    Dillard Elementary School

    Public | PK - 5

  • 3

    Oakland Park Elementary School

    Public | PK - 5

  • 1

    Walker Elementary School

    Public | PK - 5

  • 1

    Martin Luther King Elementary School

    Public | PK - 5

Middle Schools 7
  • 6

    Somerset Academy Village Charter Middle School

    Public | 6 - 8

  • 4

    Dillard 6-12 School

    Public | 6 - 12

  • 4

    Sunrise Middle School

    Public | 6 - 8

  • 3

    William Dandy Middle School

    Public | 6 - 8

  • 3

    Lauderdale Lakes Middle School

    Public | 6 - 8

  • 0

    Ivy Academy Middle School

    Public | 6 - 8

  • 0

    Pace Center for Girls, Inc.

    Public | 6 - 12

High Schools 10
  • 6

    Fort Lauderdale High School

    Public | 9 - 12

  • 4

    Stranahan High School

    Public | 9 - 12

  • 1

    Boyd H. Anderson High School

    Public | 9 - 12

  • 0

    Melrose High School

    Public | 9 - 12

  • 0

    St Thomas Aquinas High School

    Private | 9 - 12

  • 0

    Mavericks High of Central Broward County

    Public | 9 - 12

  • 0

    Ivy Academy High School

    Public | 9 - 12

  • 0

    Suned High School

    Public | 9 - 12

  • 0

    Cardinal Gibbons High School

    Private | 9 - 12

  • 0

    Postsecondary Alternatives for Secondary Students-

    Public | 9 - 12

School and business data provided by Attom Data.

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Maria Kunigonis

Maria Kunigonis

+1(305) 300-8164

Broker Associate | BK3327478

Broker Associate BK3327478

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1515 NW 2nd Ave