1515 NW 2nd Ave, Fort Lauderdale FL 33311,Fort Lauderdale,Broward County,Residential Income
- $592,000
- $592,000
Overview
- Duplex
- 1523 Square Feet
- 1963
Description
5% 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 $4,150/month with an estimated 5% 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.
Address
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Address: 2nd Ave
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33311
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Area: PROGRESSO
Details
Updated on June 6, 2025 at 3:42 am-
Property ID A11718487
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Price $592,000
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Property Size 1523 Square Feet
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Year Built 1963
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Property Type Duplex
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Property Status Residential Income
Features
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