About 1515 Nw 2nd Avenue
5.86% EST. CAP RATE!! Fully rented duplex near highly desirable Wilton Manors generating $3,600/month in rental income. Tenants pay water and electricity, helping keep owner expenses low and providing immediate income from day one. Each unit offers its own washer/dryer, water heater, separate electric meter and private backyard—features that support tenant privacy and long-term rental appeal. Property features mostly PVC plumbing, no cloth wiring and newer appliances. Long-term tenants are already in place with active leases. Minutes from Wilton Manors, Las Olas, Flagler Village, Sistrunk Marketplace, Downtown Fort Lauderdale and the beach. An attractive opportunity for buy-and-hold or 1031 exchange investors seeking an occupied income-producing asset in a prime Fort Lauderdale location.
Features of 1515 Nw 2nd Avenue
| MLS® # | A12051695 |
|---|---|
| Price | $465,000 |
| Square Footage | 1,523 |
| Year Built | 1963 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 1515 Nw 2nd Avenue |
|---|---|
| Area | 3390 |
| Subdivision | PROGRESSO |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33311 |
Amenities
| Utilities | Cable Available, Sewer Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other, Separate Meters |
|---|---|
| Cooling | Ceiling Fan(s), Wall/Window Unit(s) |
| # of Stories | 1 |
Exterior
| Roof | Shingle |
|---|---|
| Construction | CBS |
School Information
| Elementary | Thurgood Marshall |
|---|---|
| Middle | Sunrise |
| High | Dillard 6-12 |
Additional Information
| Date Listed | July 10th, 2026 |
|---|---|
| Days on Market | 72 |
| Zoning | RDS-15 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Related General Realty, LLC. |
|---|