1515 NW 2nd Avenue, Fort Lauderdale, FL 33311

$425,000
1,523
SqFt

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List Price
$425,000
Price Change
▼ $40,000 1793130488
Days on Market
111
MLS#
A12051695
Sq. Ft
1,523
Subtype
Duplex
County
Broward
Subdivision
Progresso
Year Built
1963

Property Description

6.57% 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 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. Sold AS-IS with no surprises: full inspection, 4-point, wind mitigation and contractor estimates for roof replacement and cast-iron line lining are available to buyers. Short sale subject to lender approval. Ideal for buy-and-hold or 1031 exchange investors.

Additional Information

Construction
CBS (Concrete Block Structure), Block
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Flooring
Terrazzo
Heating
Other, Separate Meters
Roof
Shingle
Taxes
$9,912
Utilities
Cable Available, Sewer Available
Short Sale
Yes
Stories
1
Price Per Sqft
$279
Elementary School
Thurgood Marshall
Middle School
Sunrise
High School
Dillard 6-12

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Listing courtesy of Related General Realty, LLC.. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Carlos Jose J Pulido | Email: carlojpulido@gmail.com