About This Home

This 3-bedroom, 0-bathroom multi-family at 1515 NW 2nd Ave in Fort Lauderdale, FL is listed for $425,000 ($279 per sqft). Built in 1963, the home offers 1,523 sqft of living space on a N/A lot.

Key Features

  • Built in 1963
  • 3 parking spaces

Property Details

1 story
2 full
3 spaces
1963

Amenities

A/C
Listing Description

6.57% 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 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. Sold AS-IS with no surprises: full inspection, 4-point, wind mitigation and contractor estimates for roof replacement and cast-iron line lining are available to buyers. Short sale subject to lender approval. Ideal for buy-and-hold or 1031 exchange investors.

Monthly Cost Estimate

$2,273/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124

Estimates only. Actual payments may vary.

Location

1515 NW 2nd Ave

Fort Lauderdale, FL 33311

PROGRESSO

Features & Amenities

Exterior Features

Patio

Property Details

Flooring

Terrazzo

Construction

CBS (Concrete Block Structure) Block

Outdoor Features

Patio

Cooling

Window Unit(s)Ceiling Fan(s)Wall/Window Unit(s)

Questions & Answers

This 3-bedroom, 0-bathroom multi-family at 1515 NW 2nd Ave is listed at $425,000 ($279/sqft). The estimated monthly payment is $2,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1963, 3 parking spaces. Exterior Features: Patio.

This property is listed by Carlos Jose Pulido.

CP

Carlos Jose Pulido

License 3317675

Agent at Related ISG Realty

Listed by Related ISG Realty · Broker phone: (305) 932-6365 · View on Broker Site · Broker website

MLS# A12051695· Source: Miami REALTORS®· 2 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1515 NW 2nd Ave, Fort Lauderdale, FL 33311

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