1. Florida
2. Fort Lauderdale
3. 1515 NW 2nd Ave

1515 NW 2nd Ave, Fort Lauderdale, FL 33311

• 1,523 sqft

Property Description

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 4.86% 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.

Listing Status:

Active

Date Added:

January 9, 2025 at 06:00AM

Listing Office:

Related ISG Realty, LLC. : 305-932-6365

Listing Agent:

Carlos Pulido : 305-505-1576

MLS ID:

A11718487

Interior

• Flooring: Terrazzo
• A/C: Ceiling Fan(s)Wall/Window Unit(s)
• Heating: Other

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Carlos Pulido, Related ISG Realty, LLC.