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Progresso

$465,000

1515 NW 2nd Ave, Fort Lauderdale, FL 33311

Active
Last Updated: 08/31/2026

1,523 sqft

Building Size

2

Units

Details:
Building Size:    1,523 sqft
Units:    2
Year Built:    1963
Floors:    1
Parking Spots:    3
Gross Leaseable Area:    1,523
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Attached
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating: Other
  • Flooring: Terrazzo
  • Construction Materials: CBS Construction
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.

Map:
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