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1500 NW 2nd Avenue

Fort Lauderdale, FL 33311

MLS#: F10541961

$525,000

Status: Active
Listing number: F10541961
Listing provided by: Charles Rutenberg Realty Orlan
Listing agent phone: None
Last update: a day ago
On site: 5 months ago
Browse Properties
Progresso 2-18 D - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1973

Sq.Footage

744

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Central, Separate Meters

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $525,000

  • Tax Amount

    $6,098

  • Sq. Footage

    744

  • Price/SqFt

    $705

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Sewer

    Public Sewer

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Location

County

Broward

Elementary School

Middle School

High School

Listing Courtesy of Daniel Ferreira , Charles Rutenberg Realty Orlan

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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.

1500 NW 2nd Avenue

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