Address
1515 Nw 2nd Ave, Fort Lauderdale, FL
Price
$ 465,000
Property Attributes
- MLS#A12051695
- TypeIncome
- Listing Status Active
- CountyBroward
- CityFort Lauderdale
- Area3390
- NeighborhoodPROGRESSO
- Zip33311
- Style
- Year Built1963
- Taxes$ 9912
- Price$ 465,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1523
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
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.
| Price History | |
|---|---|
| 7/10/2026 | Listed $490,000 |
| 8/21/2026 | 5$465,000 |
General Features
| Sewer | Other |
|---|---|
| Heating | Other |
| Cooling | Ceiling Fan(s),Wall/Window Unit(s) |
| Utilities | Cable Available |
| Possession | Closing & Funding |
| Roof | Shingle |
| Patio/Porch Features | Patio |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1963 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Duplex |
| Tax Year | 2025 |
| County | Broward |
| Property Type | Residential Income |
| Subdivision Name | PROGRESSO |
| Rent Includes | Other |
| Full Baths | 1 |
| Status | Active |
| Directions | Take I-95 to Sunrise Blvd and head east. Turn left (north) on NW 9th Ave (Powerline Rd), then right on NW 15th St. Turn left on NW 2nd Ave. Property is on the left side. |
| City | Fort Lauderdale |
| Disclosures | Owner Is Listing Agent |
| Zoning Description | RDS-15 |
| Number Of Units Total | 1 |
| MLS Area | 3390 |
| Lot Size Units | Square Feet |
| Listing Terms | Cash,Conventional |
| Year Built Details | Resale |
| Tax Annual Amount | 9912 |
| MLS Area Minor | Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810) |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12051695 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Property Sub Type Additional | Duplex |
| PostalCity | Fort Lauderdale |
| Legal Description | PROGRESSO 2-18 D LOT 9 BLK 32 |
Interior Features
| Flooring | Terrazzo |
|---|---|
| Air Conditioning Y/N | true |
| Total Bedrooms | 1 |
Exterior Features
| Exterior Amenities | Patio |
|---|---|
| Lot Features | < 1/4 Acre |
| Total Parking | 3 |
| Spa | false |
| Building Area Total | 1523 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33311
Price
Taxes
Year Built
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Data Last Updated: September 22, 2026 5:02 AM UTC
Palm Beach Board of Realtors MLS® (PBBORMLS) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
