$490,000

1515 NW 2nd Ave, Fort Lauderdale, FL 33311

1,523 sqft

Duplex
Built in 1963
—— sqft lot
—— car garage
$322/sqft
Listed 16 days ago

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.

Listing Status:: Active
Date Added:: July 10, 2026
Data Last Updated:: July 26, 2026 at 5:07AM
Listing Office:: Related General Realty, LLC. : 305-932-6365
Listing Agent:: Carlos Jose Pulido : 305-333-5859
MLS ID:: A12051695

Flooring: Terrazzo
A/C: Ceiling Fan(s)Wall/Window Unit(s)
Heating: Other

Style: Attached
Other Structures: Patio
Parking: Parking spaces: 3

Roofing: Shingle
General: CBS Construction1

Originating MLS: Miami Association of REALTORS®
County: Broward County

Zoning: RDS-15PROGRESSO 2-18 D LOT 9 BLK 32494234016370

Sewer: Other

Source: Miami Association of REALTORS®

This listing courtesy of Carlos Jose Pulido , Related General Realty, LLC.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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