1500 NW 2nd Avenue
Fort Lauderdale, FL 33311
4
Bed
2
Bath
744Sqft
Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South Florida's most desirable rental markets. With a projected cap rate of 6%+, this property offers significant upside for investors looking to maximize returns. Now delivered vacant, this property offers the flexibility to renovate, reposition, and lease at market rates immediately. Recent updates include newer water heaters, updated interior air-handling units, and other improvements that help reduce near-term capital expenses. Property is being sold without outdoor A/C condenser units. Listing agent related to seller.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Composition, Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central, SeparateMeters Has Cooling: Yes Cooling: CentralAir, CeilingFans
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Building Information
Year Built: 1973Building Area Total: 1488Construction Materials: BlockPrivate Pool: No
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Lot Information
Lot Dimensions: 6750Property Information
Subdivision: Progresso 2-18 D Source Property Type: ResidentialIncome Postal Code Plus 4: 5548 Property SubType: Duplex Property Age: 53
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Listing Price Information
Listing Price: $525000Original Price: $545000Cash, Conventional, Exchange1031
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Tax Information
Parcel Number: 494234016640 Tax Year: 2024 Annual Tax: $6098 Tax Legal Desc: PROGRESSO 2-18 D LOT 13 BLK 33
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Utility Information
CableAvailable -
Location Information
Direction: Use GPS.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2800 W Sunrise Boulevard, Fort Lauderdale, FL, 33311 | $589,490 | -- | 4 | 1,734 | 1,734 SqFt |
| 1026-1044 NW 7th Avenue, Fort Lauderdale, FL, 33311 | $2,050,000 | 15 | 5 | 6,024 | 6,024 SqFt |
| 730 NW 4th Avenue, Fort Lauderdale, FL, 33311 | $950,000 | 8 | 4 | 2,792 | 2,792 SqFt |
| 1420 NW 5th Avenue, Fort Lauderdale, FL, 33311 | $565,000 | 3 | 3 | 1,615 | 1,615 SqFt |
| 1429 N Andrews Avenue, Fort Lauderdale, FL, 33311 | $455,000 | 2 | 2 | 1,000 | 1,000 SqFt |
| 831 NW 1st Ave, Fort Lauderdale, FL, 33311 | $1,110,000 | 4 | 4 | 2,423 | 2,423 SqFt |
| 842 NW 1st Ave, Fort Lauderdale, FL, 33311 | $1,900,000 | 1 | 1 | 4,753 | 4,753 SqFt |
| 1515 NW 2nd Ave, Fort Lauderdale, FL, 33311 | $490,000 | 3 | 2 | 1,523 | 1,523 SqFt |
| 1304 NW 6th Ave, Fort Lauderdale, FL, 33311 | $515,000 | 3 | 2 | 1,275 | 1,275 SqFt |
| 1523-1525 NW 8th Avenue, Fort Lauderdale, FL, 33311 | $575,000 | 6 | 4 | 2,498 | 2,498 SqFt |
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ByOwner last updated this listing 06/25/2026 @ 15:25
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