South Middle River, 1515 NW 2nd Ave, Fort Lauderdale, FL 33311

599,999(-1.33% )
$592,000Price
1,523SqFt

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Details

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Status:
Active
Size: 1,523 SqFt (141 m2)
Price: $389/SqFt ($4,184/m2)
Type: Multi Family
Built: 1963
MLS Number: A11718487
On Site: 202 Days
Updated: 16 Days ago
Page Views: 0
5% 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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Patio
      Interior, Heating and Cooling
      • Heating Description: Other
      • Cooling Description: CeilingFans, WallWindowUnits
      Building and Construction
      • Floor Description: Terrazzo
      • Year Built: 1963
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-01-09T12:23:30.000-00:00
        Taxes, Fees & More
        • Taxes: 9702

        Price History

        06/05/2025

        Date

        Price Reduced

        Event

        $592K

        Price

        -1.33%

        Change Rate

        $389 ft2 / $4,184 m2

        Price Per

        04/25/2025

        Date

        Price Reduced

        Event

        $600K

        Price

        -4.76%

        Change Rate

        $394 ft2 / $4,241 m2

        Price Per

        03/24/2025

        Date

        Price Reduced

        Event

        $630K

        Price

        -3.08%

        Change Rate

        $414 ft2 / $4,453 m2

        Price Per

        01/06/2025

        Date

        Listed

        Event

        $650K

        Price

        $427 ft2 / $4,594 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by Carlos PulidoRelated ISG Realty, LLC. • Buyer Agency Compensation .

        Instant Comps

        $100/ft²
        $1,200/ft²
        $2,500/ft²
        $3,800/ft²

        Unit 1515 NW 2nd Ave – Asking

        $389/ft²

        (+1%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $385/ft²
        Community $/Price Range (Closed) $200/ft² – $3658/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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