Price Reduced Listing
$425,000
 $2,281 est/mo Sourced by Back At You

1515 NW 2nd Avenue,Fort Lauderdale, FL 33311

Fort Lauderdale, FL 33311

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Description

6.57% 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 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. Sold AS-IS with no surprises: full inspection, 4-point, wind mitigation and contractor estimates for roof replacement and cast-iron line lining are available to buyers. Short sale subject to lender approval. Ideal for buy-and-hold or 1031 exchange investors.

Details

MLS #A12051695
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1963
Days On Site114
Listing Provided ByRelated General Realty, LLC. | Carlos Jose J Pulido

Features

SQ Feet1,523
Story(s)1
Units2
ZoningRDS-15

Taxes

Tax Annual Amount9912

Area Information

StateFL
CountyBroward
CityFort Lauderdale
Zip Code33311
Area3390
SubareaFTNW Ft Ldale NW(3390 3400;3460;3540 3560;3720;3810)
Community NamePROGRESSO
Listing VS Median (in PROGRESSO)
Price:
$425,000
low | high
Med:
$7,500
100% of Average
sqft:
1,523
low | high
Med:
2,809
34.438608010506% of Average
$ / sqft:
$279
low | high
Med:
$3
100% of Average
On site:
114
low | high
Med:
69
100% of Average
Sourced by Back At You

Market Activity 33311

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Learn More About This Property

Baha Alwardi

Baha Alwardi

Coldwell Banker Premium Realty

SL3465776 (561) 901-9300bahatherealtor@gmail.com
StateFL
CountyBroward
CityFort Lauderdale
Zip Code33311
Area3390
SubareaFTNW Ft Ldale NW(3390 3400;3460;3540 3560;3720;3810)
Community NamePROGRESSO
Listing VS Median (in PROGRESSO)
Price:
$425,000
low | high
Med:
$7,500
100% of Average
sqft:
1,523
low | high
Med:
2,809
34.438608010506% of Average
$ / sqft:
$279
low | high
Med:
$3
100% of Average
On site:
114
low | high
Med:
69
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $318K - $531K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
1521 NW 1st Avenue Property Photo 1
$499,900
1521 Nw 1st Avenue
Fort Lauderdale, FL 33311
1529 NW 1st Avenue Property Photo 1
$468,900
1529 Nw 1st Avenue
Fort Lauderdale, FL 33311
Listing Updated: October 30, 2026 at 6:52:14 PM PDT
Baha Alwardi
License #: SL3465776
(561) 901-9300
Coldwell Banker Premium Realty
406 Lucerne Ave
Lake Worth Beach, FL 33460

Baha Alwardi - Coldwell Banker Premium Realty