1515 NW 2nd Ave, Fort Lauderdale, FL 33311

About This Home

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.

Property Details

Flooring

Terrazzo

Heating

Other

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Architectural Style

Attached

Building & Association

Building Name

PROGRESSO

Stories

1

Stories Total

1

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Shingle

New Construction

No

Public Records

Parcel Number

494234016370

Tax Annual Amount

$9,912

Tax Year

2,025

Zoning

RDS-15

County Or Parish

Broward County

Location