1515 NW 2nd Ave Fort Lauderdale, FL 33311

Building Details

Year Built

1963

Listing office Related ISG Realty c***@gmail.com Show Phone

Listing date Nov 27, 2025

Source Elliman

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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.

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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.