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1515 NW 2nd AveFort Lauderdale, FL 33311

For Sale

$550,000

Smart Buyer Rebate $3,750

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.

Full MLS Disclaimers

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.