
$465,000
Apartment for Sale, 1515 NW 2nd Ave, Fort Lauderdale, Florida 33311
- MLS#A12051695
141 m² (1,523 ft²)
Listed By Related General Realty, LLC.
The Apartment for Sale located at 1515 NW 2nd Ave, Fort Lauderdale, Florida 33311 is currently for sale.
Description
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.
Location
1515 NW 2nd Ave, Fort Lauderdale, Florida 33311
Property features
Property
- Property size:
141 m² (1,523 ft²) - Type: Duplex
- Features: Patio
Construction
- Year built: 1963
- Roofing: Shingle
- Construction: Cbs Construction
Interior Features
- Floors: Terrazzo
Exterior Features
- Outdoor spaces: Patio
- Carport spaces:
Heating and Cooling
- Cooling System: Ceiling FanWall Or Window Units