1515 NW 2nd Avenue
Fort Lauderdale, FL 33311
3
Bed
2
Bath
1,523Sqft
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.
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: $465000Original Price: $490000Cash, Conventional
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Tax Information
Parcel Number: 494234016370 Tax Year: 2025 Annual Tax: $9912 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 |
|---|---|---|---|---|---|
| 1519-1521 NW 8th Avenue, Fort Lauderdale, FL, 33311 | $690,000 | 8 | 4 | 2,504 | 6,749 Sqft |
| 510 NW 13th Street, Fort Lauderdale, FL, 33311 | $489,490 | 4 | 2 | 1,742 | -- |
| 715 NW 15th Terrace #1-3, Fort Lauderdale, FL, 33311 | $605,000 | 6 | 3 | 1,853 | 5,625 Sqft |
| 730 NW 4th Avenue, Fort Lauderdale, FL, 33311 | $925,000 | 8 | 4 | 2,792 | 6,750 Sqft |
| 526 NW 15th Way, Fort Lauderdale, FL, 33311 | $1,200,000 | 12 | 6 | 4,009 | 11,300 Sqft |
| 25 NW 11th Street, Fort Lauderdale, FL, 33311 | $665,995 | 4 | 3 | 1,820 | 6,006 Sqft |
| 2921 NW 11th Street, Fort Lauderdale, FL, 33311 | $514,900 | 4 | 2 | 1,744 | 7,062 Sqft |
| 1316 NW 8th Avenue, Fort Lauderdale, FL, 33311 | $549,000 | 6 | 4 | 2,268 | -- |
| 517 NW 15th Terrace, Fort Lauderdale, FL, 33311 | $499,999 | 4 | 2 | 1,236 | 5,650 Sqft |
| 1201 N Andrews Avenue, Fort Lauderdale, FL, 33311 | $675,000 | 3 | 3 | 2,653 | -- |
Similar Multifamily To 1515 NW 2nd Avenue
Nearby For Sale
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ByOwner last updated this listing 09/06/2026 @ 10:05
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