BEDS0
BATHS
SQUARE FEET1,523
MLS#A12051695
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPROGRESSO
Property Description
4.88% ROI! Incredible investment opportunity just steps from Wilton Manors?one of South Floridas most desirable and rapidly growing rental markets. This fully rented duplex produces $3,600/month with an estimated 4.88% 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 youre looking for a strong ROI, a 1031 exchange, or a turnkey asset in a prime location.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Heating: Other
Home Style: Attached
Roof Type: Shingle
Stories: 1.0
Taxes: $9,912
Year Built: 1963
Feature Descriptions
Crops Included Y/N: No
Days on Site: 5
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.
Exterior: CBS Construction
Flooring: Terrazzo
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 494234016370
Patio/Porch: Patio
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Other
Units: 2
Listed By / Shown By
Listed By
Agency Name: Related General Realty, LLC.
Agency Phone: 305-932-6365
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimate Your Payment
Estimated Payment
$ 2,059.44 per month $1,090.53 Principal & Interest $826.00 Property Tax $142.92 Homeowner's Insurance
1515 NW 2nd Ave | MLS# A12051695
This multi-family property located at 1515 NW 2nd Ave , Fort Lauderdale, FL 33311 is currently listed for sale with an asking price of $490,000. Search Fort Lauderdale real estate on www.realty100.com today.