FL > Fort Lauderdale > Progresso
Fort Lauderdale, FL 33311,1515 NW 2nd Ave
Fort Lauderdale, FL 33311,1515 NW 2nd Ave
Fort Lauderdale, FL 33311,1515 NW 2nd Ave
Fort Lauderdale, FL 33311,1515 NW 2nd Ave
Fort Lauderdale, FL 33311,1515 NW 2nd Ave
Fort Lauderdale, FL 33311,1515 NW 2nd Ave
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Mel G. Byrnes

Mel G. Byrnes

+1(786) 251-6888
$ 599,999
Est. payment | /mo

1,523 SqFt

Save Virtual Tour
$ 599,999
Est. payment | /mo
Save Virtual Tour

1,523 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,523 sqft

Price per Sqft $393

Subdivision Progresso

MLS Listing ID A11718487

Construction Status Resale

HOA Y/N No

Year Built 1963

Annual Tax Amount $9,702

Tax Year 2024

Property Sub-Type Duplex

Property Description

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 $4,150/month with an estimated 4.86% 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.

Location

State FL

County Broward

Community Progresso

Area 3390

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.

Interior

Heating Other

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

Flooring Terrazzo

Exterior

Exterior Feature Patio

Pool None

Utilities Available Cable Available

Roof Type Shingle

Porch Patio

Total Parking Spaces 3

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Other

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 494234016370

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11718487

Listed by Related ISG Realty, LLC.

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Mel G. Byrnes

Relocation Specialist

+1(786) 251-6888

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1515 NW 2nd Ave