1515 NW 2nd Ave, Fort Lauderdale, Florida 33311
MLS#: A11718487
$592,000 USD
- Apartment
141 m² (1,523 ft²)
Listed By Related ISG Realty, LLC.
The Apartment for Sale located at Fort Lauderdale, Florida 33311 is currently for sale. Fort Lauderdale, Florida 33311 is listed for $592,000. This property has Subdivision, Total Parking, Duplex features. If the property located at Fort Lauderdale, Florida 33311 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Apartments for Sale in Fort Lauderdale .
Date Updated : Jun 6, 2025
Property features
Key features
- Subdivision
- Total Parking
- Duplex
Construction details
- Year built: 1963
- Roofing: Shingle
Other features
- Property features: Patio
- Cooling system: Wall Or Window Units
Area
- Property size:
141 m² (1,523 ft²)
Description
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.
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.