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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

1515 NW 2ND AVE, FORT LAUDERDALE, FL 33311

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Multi Family - PROGRESSO for Sale

1515 NW 2ND AVE, FORT LAUDERDALE, FL 33311

Asking Price$550,000 Change Price$42,000

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  • Days on market:

    264 day(s)
  • Adjusted Area:

    1523 sqft
  • Original Price:

    $650,000
  • Price per sqft:

    $361.13
  • Tax Legal Description:

    PROGRESSO 2-18 D LOT 9 BLK 32
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Duplex
  • Construction Type:

    Cbs Construction
  • Roof:

    Shingle
  • Cooling Description:

    Ceiling Fan(s)Wall/Window Unit(s)
  • Heating Description:

    Other
  • Floor Description:

    Terrazzo
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$550,000 • living size area 1523 sqft

4.8% 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.

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