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1500 NW 2nd Avenue Fort Lauderdale, FL $ 525,000
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$ 525,000 Get more info
1500 NW 2nd Avenue
$ 525,000
Back to search
Share Save

1500 NW 2nd Avenue

Fort Lauderdale, FL, 33311
$ 525,000
Baths0.0 Sq 744

Monthly Estimate*

$ 3,233

1500 NW 2nd Avenue, Fort Lauderdale, FL 33311 - Image 1
1500 NW 2nd Avenue, Fort Lauderdale, FL 33311 - Image 2
1500 NW 2nd Avenue, Fort Lauderdale, FL 33311 - Image 3
1500 NW 2nd Avenue, Fort Lauderdale, FL 33311 - Image 4
1500 NW 2nd Avenue, Fort Lauderdale, FL 33311 - Image 5
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Studio

Multi-Family Home for sale in Fort Lauderdale, FL

for $525,000. This 744 square foot home was built in 1973.

Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South FL’s most desirable rental markets. With a projected cap rate of 6%+, this property offers immediate income and significant upside.The current financials do not reflect the property’s full earning potential—rents are substantially below market, presenting a clear opportunity for increased cash flow over time. Both units are currently occupied, providing day-one income for the next owner.Major updates include newer water heaters and A/C units reducing near term capital expenses and adding peace of mind.If you’re looking to add a strong asset to your portfolio, this duplex checks all the boxes: location, stability, and upside. Listing agent related to seller.

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Multi-Family Contingent

Price

$ 525,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,098

Style

Year Built

1973

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

F10541961
Features
General
Sewer Public Sewer
Heating Central Separate Meters
Cooling Central Air Ceiling Fan(s)
Utilities Cable Available
Possession Close Of Escrow
Roof Composition Shingle
Association Fee Includes Water
Construction Materials Block
Year Built 1973
Property Subtype Duplex
Tax Year 2024
County Broward
New Construction false
Property Type Residential Income
Contingency Inspection
Subdivision Name Progresso 2-18 D
Status Active Under Contract
Directions Use GPS.
City Fort Lauderdale
Number Of Units Total 2
MLS Area 3390
Tax Annual Amount 6098
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/1500-NW-2nd-Ave-Fort-Lauderdale-FL-33311/unbranded
Standard Status Active Under Contract
Property Sub Type Additional Duplex
Legal Description PROGRESSO 2-18 D LOT 13 BLK 33
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Interior
Flooring Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Building Area Total 1488
Lot Dimensions 6750
Waterfront Y/N false
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* Excluded Features
List By
Daniel Ferreira

Listing Agent

Affordability Calculator

$3,741
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$508
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/20/2026 $525,000 Listed Price

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1500 NW 2nd Avenue, Fort Lauderdale, FL, 33311 is a Multi-Family Home for sale at $525,000 with 744 sqft. 1500 NW 2nd Avenue is a studio with 0.0 baths and was built in 1973. The property's zip code is 33311 which is in Fort Lauderdale, FL

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