5.09% 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.
Listed by Carlos Pulido
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License #3145441
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Related ISG Realty, LLC.
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305-505-1576
Listed by Carlos Jose Pulido
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License #3317675
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Related ISG Realty, LLC.
Last updated October 14, 2025
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Source: MIAMIRE #A11718487
Listing Facts
TypeMulti-family
NeighborhoodSouth Middle River
Days on Prevu286
Taxes$9,702/year
Size1,523 sqft
Price per sqft$361
Amenities
Private Outdoor Space
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
09/25/2025
Price Decreased
$550,000
06/06/2025
Price Decreased
$592,000
04/25/2025
Price Decreased
$599,999
03/24/2025
Price Decreased
$630,000
01/09/2025
Listed by Related ISG Realty, LLC.
$650,000
Property Details for 1515 NW 2nd Ave
Association
General
Number Of Units In Community: 2
Exterior
Construction
Number Of Units Total: 2
Roof: Shingle
Stories: 1
Stories Total: 1
Structure Type: Duplex
Year Built: 1963
Year Built Details: Resale
Architectural Style: Attached
Building Name: PROGRESSO
Construction Materials: CBS Construction
Features
Patio And Porch Features: Patio
Measurements
Building Area Total: 1,523
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 494234016370
Tax Annual Amount: $9,702.00
Tax Year: 2024
Interior
Features
Flooring: Terrazzo
Measurements
Living Area: 1,523
Living Area Units: Square Feet
Other
Location
Subdivision Name: PROGRESSO
Parking
Parking
Parking Total: 3
Utilities
Equipment
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Has Cooling: Yes
Heating: Other
Has Heating: Yes
Sewer: Other
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.