ActiveMLS# 1118006322628 days on market
$490,000
$322 / sq ft
1515 NW 2nd Avenue
Fort Lauderdale, FL, 33311
0Bedrooms
0Bathrooms
1,523Sq Ft
1963Year Built
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About This Property

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.

Key Features

  • Built in 1963

Property Details

  • Type: Single Family Home
  • Year Built: 1963
  • Sq Ft: 1,523
  • Price / Sq Ft: $322
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: Built in 1963
  • Status: Active
  • MLS Number: 1118006322
  • Days on Market: 628
  • Listed By: Related General Realty, LLC. · Carlos Pulido
  • Zip Code: 33311
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$490,0001515 NW 2nd Avenue, Fort Lauderdale, FL
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