$525,000

1500 NW 2nd Avenue, Fort Lauderdale, FL 33311

  • 744 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $706/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South FL’s most desirable rental markets. With a projected cap rate of 6%+, this property offers immediate income and significant upside.The current financials do not reflect the property’s full earning potential—rents are substantially below market, presenting a clear opportunity for increased cash flow over time. Both units are currently occupied, providing day-one income for the next owner.Major updates include newer water heaters and A/C units reducing near term capital expenses and adding peace of mind.If you’re looking to add a strong asset to your portfolio, this duplex checks all the boxes: location, stability, and upside. Listing agent related to seller.

Listing Status:
Active
Date Added:
December 19, 2025
Data Last Updated:
February 12, 2026 at 7:21AM
Listing Office:
Charles Rutenberg Realty Orlan : 407-622-2122
Listing Agent:
Daniel Ferreira : 407-274-1108
MLS ID:
F10541961
  • Flooring: Tile
  • A/C: Central AirCeiling Fan(s)
  • Heating: CentralSeparate Meters
  • General: Balcony
  • Other Structures: PorchBalcony
  • Roofing: CompositionShingle
  • General: Block1
  • HOA Amenities: Water
  • Originating MLS: BEACH_BEACH
  • County: Broward
  • Zoning: RDS-15PROGRESSO 2-18 D LOT 13 BLK 33494234016640
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Source: BEACH_BEACH

This listing courtesy of Daniel Ferreira , Charles Rutenberg Realty Orlan

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hospital Homebound Services

1701 NW 23rd Ave, Fort Lauderdale, FL, 33311

Grades PK-12

0.85 miles away

H

Hospital Homebound Services

1701 NW 23rd Ave, Fort Lauderdale, FL, 33311

Grades PK-12

0.85 miles away

H

Hospital Homebound Services

1701 NW 23rd Ave, Fort Lauderdale, FL, 33311

Grades PK-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.