1515 NW 2nd Avenue
Fort Lauderdale, FL 33311
3
Bed
2
Bath
1,523Sqft
4.88% 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 $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 you're looking for a strong ROI, a 1031 exchange, or a turnkey asset in a prime location
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Other, SeparateMeters Has Cooling: Yes Cooling: CeilingFans, WallWindowUnits
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Building Information
Year Built: 1963Building Area Total: 1523Construction Materials: BlockPatio And Porch Features: PatioPrivate Pool: No -
Exterior Features
Exterior Features: OutdoorLivingArea
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Listing Price Information
Listing Price: $490000Original Price: $650000Cash, Conventional
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Tax Information
Parcel Number: 494234016370 Tax Year: 2024 Annual Tax: $9702 Tax Legal Desc: PROGRESSO 2-18 D LOT 9 BLK 32
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Parking Information
Parking Total: 3
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School Information
Elementary School: Thurgood Marshall Junior High School: Sunrise Senior High School: Dillard 6-12 -
Utility Information
CableAvailable, SewerAvailable -
Location Information
Direction: 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.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1026-1044 NW 7th Avenue, Fort Lauderdale, FL, 33311 | $2,050,000 | 15 | 5 | 6,024 | 6,024 SqFt |
| 1304 NW 6th Ave, Fort Lauderdale, FL, 33311 | $515,000 | 3 | 2 | 1,275 | 1,275 SqFt |
| 842 NW 1st Ave, Fort Lauderdale, FL, 33311 | $1,900,000 | 1 | 1 | 4,753 | 4,753 SqFt |
| 414 NW 15th Way, Fort Lauderdale, FL, 33311 | $439,000 | 4 | 2 | 1,372 | 1,372 SqFt |
| 2840 NW 13th Court #1-2, Fort Lauderdale, FL, 33311 | $549,900 | 5 | 3 | 1,818 | 1,818 SqFt |
| 926 - 932 NW 2nd St, Fort Lauderdale, FL, 33311 | $1,800,000 | 12 | 12 | 1,811 | 1,811 SqFt |
| 1201 N Andrews Avenue, Fort Lauderdale, FL, 33311 | $675,000 | 3 | 3 | 2,653 | 2,653 SqFt |
| 831 NW 1st Ave, Fort Lauderdale, FL, 33311 | $1,110,000 | 4 | 4 | 2,423 | 2,423 SqFt |
| 848 NW 2nd Avenue, Fort Lauderdale, FL, 33311 | $975,000 | 3 | 5 | 1,936 | 1,936 SqFt |
| 1118-1120 NW 2nd Avenue, Fort Lauderdale, FL, 33311 | $640,000 | 2 | 2 | 1,368 | 1,368 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/10/2026 @ 11:32
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