Fort Lauderdale, FL 33311,1500 NW 2nd Ave
See all 5 photos
Fort Lauderdale, FL 33311,1500 NW 2nd Ave
Fort Lauderdale, FL 33311,1500 NW 2nd Ave
Fort Lauderdale, FL 33311,1500 NW 2nd Ave
Fort Lauderdale, FL 33311,1500 NW 2nd Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 525,000
Est. payment /mo
Active Under Contract

1500 NW 2nd Ave Fort Lauderdale, FL 33311

744 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 744 sqft

Price per Sqft $705

Subdivision Progresso 2-18 D

MLS Listing ID F10541961

Style Duplex

Construction Status Resale

Total Fin. Sqft 6750

Year Built 1973

Annual Tax Amount $6,098

Tax Year 2024

Property Sub-Type Duplex

Property Description

Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South FL's most desirable rental markets. With a projected cap rate of 6%+, this property offers immediate income and significant upside.
The current financials do not reflect the property's full earning potential—rents are substantially below market, presenting a clear opportunity for increased cash flow over time. Both units are currently occupied, providing day-one income for the next owner.
Major updates include newer water heaters and A/C units reducing near term capital expenses and adding peace of mind.
If you're looking to add a strong asset to your portfolio, this duplex checks all the boxes: location, stability, and upside.
Listing agent related to seller.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning RDS-15

Interior

Heating Central Heat

Cooling Ceiling Fans, Central Cooling

Flooring Tile Floors

Exterior

Roof Type Comp Shingle Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Association Rules None

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Virtual Tour https://www.propertypanorama.com/1500-NW-2nd-Ave-Fort-Lauderdale-FL-33311/unbranded


BeachesMLS Matrix (RAPB-F prefix)
Listed by Charles Rutenberg Realty Orlan
Laura Rojas

Laura Rojas

Team Leader | License ID: SL3454829

+1(239) 499-5068

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1500 NW 2nd Ave