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

Own in South Middle River?
Beds
1,523
SqFt
$305
$/SqFt
Premium Multifamily
Built in 1963
Patio
5.86% EST. CAP RATE!! Fully rented duplex near highly desirable Wilton Manors generating $3,600/month in rental income. Tenants pay water and electricity, helping keep owner expenses low and providing immediate income from day one. Each unit offers its own washer/dryer, water heater, separate electric meter and private backyard—features that support tenant privacy and long-term rental appeal. Property features mostly PVC plumbing, no cloth wiring and newer appliances. Long-term tenants are already in place with active leases. Minutes from Wilton Manors, Las Olas, Flagler Village, Sistrunk Marketplace, Downtown Fort Lauderdale and the beach. An attractive opportunity for buy-and-hold or 1031 exchange investors seeking an occupied income-producing asset in a prime Fort Lauderdale location.
MLS Number: A12051695
On Site: 93 Days
Updated: 25 Days ago
Page Views: 0

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: 2026-07-10T15:21:22.000-00:00
        Taxes, Fees & More
        • Taxes: 9912

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        Price History

        Current
        $465K
        High
        $490K
        Low
        $465K
        Total Change
        -5.1%
        $493K$478K$462KJul 26Aug 26
        Date
        Event
        Price
        Change
        Price Per
        08/21/2026
        Price Reduced
        $465K
        -5.1%
        $305 ft2
        $3,286 m2
        07/10/2026
        Listed
        $490K
         
        $322 ft2
        $3,463 m2
        08/21/2026
        $465K
        Event
        Price Reduced
        Change
        -5.1%
        Price Per
        $305 ft2
        $3,286 m2
        07/10/2026
        $490K
        Event
        Listed
        Price Per
        $322 ft2
        $3,463 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Carlos Jose Pulido • Related General Realty, LLC. • Buyer Agency Compensation .

        Transit & Commute from South Middle River

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        29
        Traffic score
        Congested area. Frequent traffic delays
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        Listing Location & Street View

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        Scores

        Walk Score®
        Somewhat Walkable. Some errands can be accomplished on foot
        67

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        43

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        63

        100
        Sound Score®
        Very loud
        74

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        29

        100
        Local Score
        Limited local amenities nearby
        1

        100
        Community Snapshot
        2 – 7 BR
        Bedrooms
        $175K – $2.5M
        Price Tier
        664 - 7,318
        SqFt Range
        1954
        Year Build
        1
        Total Floors

        Subdivision Amenities

        None

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        South Middle River Communities in Fort Lauderdale, FL