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1515 NW 2nd Ave Fort Lauderdale, FL $ 540,000
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$ 540,000 Get more info
1515 NW 2nd Ave
$ 540,000
Back to search
Share Save

1515 NW 2nd Ave

Fort Lauderdale, FL, 33311
$ 540,000
Bedrooms2 Baths1.0 Sq 1,523

Monthly Estimate*

$ 3,369

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Multi-Family Home for sale in Fort Lauderdale, FL

for $540,000 with 2 bedrooms and 1 full bath. This 1,523 square foot home was built in 1963.

4.93% 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 $3,850/month with an estimated 5% 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.

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Multi-Family Active

Price

$ 540,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 9,702

Style

Year Built

1963

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A11718487
Features
General
Sewer Other
Heating Other
Cooling Ceiling Fan(s) Wall/Window Unit(s)
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Patio/Porch Features Patio
Pool Features None
Construction Materials Block
Year Built 1963
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2024
County Broward
Property Type Residential Income
Subdivision Name PROGRESSO
Rent Includes Other
Full Baths 1
Status Active
Directions 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.
City Fort Lauderdale
Disclosures Owner Is Listing Agent
Zoning Description RDS-15
Number Of Units Total 2
MLS Area 3390
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 9702
MLS Area Minor Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11718487
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Duplex
Legal Description PROGRESSO 2-18 D LOT 9 BLK 32
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Interior
Flooring Terrazzo
Air Conditioning Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Exterior Amenities Patio
Lot Features < 1/4 Acre
Total Parking 3
Spa false
Building Area Total 1523
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Related Isg Realty, Llc.

Broker

carlopulido@gmail.com

Email

Affordability Calculator

$4,177
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,369
Monthly Property Taxes
$809
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/25/2025 $540,000 -1.82% Price Down
10/22/2025 $550,000 Listed Price

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1515 NW 2nd Ave, Fort Lauderdale, FL, 33311 is a Multi-Family Home for sale at $540,000 with 1,523 sqft. 1515 NW 2nd Ave has 2 bedrooms, 1.0 baths, and was built in 1963. The property's zip code is 33311 which is in Fort Lauderdale, FL

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