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Profitable Duplex Near Wilton Manors

1515 NW 2nd Ave Fort Lauderdale, FL 33311

1515 NW 2nd Ave, Fort Lauderdale, FL, 33311
$490,000
For Sale
$490,000

Fully rented duplex near Wilton Manors with immediate cash flow.

Days on Market237

Property Features for 1515 NW 2nd Ave

General Information

Standard status
Active
Property subtype
Other

Building Details

Year Built
1963
Listing agency Related ISG Realty
Listed by Carlos Jose Pulido · License #3317675
Source Elliman
Added: Nov 27, 2025 Updated: Jul 6 at 10:26AM Checked: Jul 14 at 1:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Related ISG Realty


Investment Insights

Based on property information with market context.

This fully rented duplex presents an investment opportunity near Wilton Manors. The property generates $4,150 per month and has an estimated 5.09% ROI. Each unit includes a washer and dryer, water heater, private electric meter, and a spacious backyard. Recent updates include PVC plumbing, and newer appliances. The property is located minutes from Las Olas, Fort Lauderdale Beach, Sistrunk Marketplace, Flagler Village, and major retailers like Publix and Home Depot. Long-term tenants are in place with active leases. The property is suitable for a 1031 exchange or as a turnkey asset.

Key Highlights

  • 5.09% ROI and $4,150/month income, offering immediate cash flow.
  • Located steps from Wilton Manors, a desirable and rapidly growing rental market.
  • Fully rented duplex with long‑term tenants and active leases in place.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Butcher (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully rented duplex near Wilton Manors with immediate cash flow.
Where is this duplex located?
The property is located at 1515 NW 2nd Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 5.09% ROI and $4,150/month income, offering immediate cash flow.; Located steps from Wilton Manors, a desirable and rapidly growing rental market.; Fully rented duplex with long‑term tenants and active leases in place.
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