1515 NW 2nd Ave, Fort Lauderdale FL 33311

Description

4.88% 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 $3,600/month with an estimated 4.88% 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.

This duplex home located at 1515 NW 2nd Ave, Fort Lauderdale FL 33311 is currently for sale and has been available on Brickellsold for 509 days. This property is listed at $490K. It has N/A beds, N/A bathrooms, and is 1523 square feet. It was built in 1963. 1515 NW 2nd Ave, Fort Lauderdale FL 33311 is in Fort Lauderdale county Broward County.