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About This Home
This 3-bedroom, 2-bathroom multi-family at 1515 NW 2nd Ave in Fort Lauderdale, FL is listed for $500,000 ($328 per sqft). Built in 1963, the home offers 1,523 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1963
- 3 parking spaces
Property Details
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1515 NW 2nd Ave
Fort Lauderdale, FL 33311
Progresso
Features & Amenities
Exterior Features
Property Details
Construction
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom multi-family at 1515 NW 2nd Ave is listed at $500,000 ($328/sqft). The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.
Key features include: Built in 1963, 3 parking spaces. Exterior Features: Patio.
This property is listed by Carlos Pulido and can be reached at 3055051576 or carlopulido@gmail.com.
