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1515 Nw 2nd Ave, Fort Lauderdale, FL – $599,999

  • $600k Price
  • 1,523 Sqft
  • 135 DOM
  • $600k Price
  • 1,523 Sqft
  • 135 DOM

1515 Nw 2nd Ave

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 $4,150/month with an estimated 4.86% 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.

Essential Information

  • MLS® #A11718487
  • Price$599,999
  • Bathrooms0.00
  • Square Footage1,523
  • Year Built1963
  • TypeResidential Income
  • Sub-TypeDuplex
  • StatusActive

Community Information

  • Address1515 Nw 2nd Ave
  • Area3390
  • SubdivisionPROGRESSO
  • CityFort Lauderdale
  • CountyBroward
  • StateFL
  • Zip Code33311-5547

Amenities

  • UtilitiesCable Available

Interior

  • InteriorTerrazzo
  • HeatingOther
  • # of Stories1
  • StoriesOne

Cooling

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

Exterior

  • Exterior FeaturesPatio
  • RoofShingle
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofRelated ISG Realty, LLC.
  • Date ListedJanuary 9th, 2025
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Price Change History for 1515 Nw 2nd Ave, Fort Lauderdale, FL (MLS® #A11718487)

Date Details Change
Price Reduced from $630,000 to $599,999 $30,001 (4.76%)
Price Reduced from $650,000 to $630,000 $20,000 (3.08%)