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$592,000
For Sale

1515 NW 2nd Ave

·

Broward

Listed on January 9, 2025

Duplex

MLS® # A11718487
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$1,523 sqft
Parkings
3
Maintenance Fees
-
Annual Tax
$9,702

Description

5% 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 $4,150/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.

Related ISG Realty, LLC.

Features & Details

Learn about the features and details of 1515 NW 2nd Ave

Property Details

  • Property Type
    Duplex
  • Living Area
    1,523 sqft
  • Year Built
    1963
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $9,702.00
  • List Date
    1/9/2025
  • Updated
    6/6/2025
  • Last Checked
    Recent
  • MLS Number
    #A11718487
  • Brokerage
    Related ISG Realty, LLC.
  • Postal Code
    33311
  • Area
    Broward
  • City
    Fort Lauderdale

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $592,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Other
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Ceiling Fans, Wall Window Units
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
    –
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1515 NW 2nd Ave

Virtual Tour

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Real estate trends

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Explore Broward

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Mortgage Calculator
Estimate monthly payments for 1515 2nd Ave
20.5%100%
Estimated Monthly Payment
$2,385
Cash Flow Analysis
Mortgage Payment:
$2,385
Monthly Payment:
$3,193.5
Break Even Down Payment:
100%
Cash Flow
$0

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About this property

Discover this stunning duplex in the heart of South Middle River, Fort Lauderdale. This well-appointed property offers 1,523 square feet of living space. Originally built in 1963. Offered at $592,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1515 NW 2nd Ave

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1515 NW 2nd Ave