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$525,000

  • For Sale
  • Active
  • Duplex
  • 1,488 Sq. Ft.
  • Updated 10 days ago
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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.

Full Property Details for 1500 NW 2nd Ave

General

  • Price: $525,000
  • Taxes: (2024)
  • Status: Active
  • Type: Duplex
  • Source: Ft_Lauderdale
  • MLS ID: F10541961
  • Updated: 1/7/2026
  • Added to Site: 29 day(s) ago

Interior

  • Flooring: Tile Floors

Location

  • Area: 3390
  • County: Broward County
  • Subdivision: Progresso 2-18 D
  • Driving Directions: Use GPS.

Heating & Cooling

  • Cooling Type: Ceiling Fans, Central Cooling
  • Heating Type: Central Heat

Utilities

  • Sewer: Municipal Sewer
  • Cable Available: Yes

Structural Information

  • Architectural Style: Duplex
  • Construction: Concrete Block Construction
  • Roof: Comp Shingle Roof
  • Square Feet: 1,488
  • Living Area: 744 Sq. Ft.
  • Year Built: 1973

Unit Information

Unit 1

  • Bedrooms: 2

Unit 2

  • Bedrooms: 2

Lot Features

  • Lot Size: 6750
  • Zoning: RDS-15
  • Lot Description: Less Than 1/4 Acre Lot

Financial Considerations

  • Tax Year: 2024
  • Terms: Cash, Conventional, Exchange

Disclosures and Reports

  • Legal Description: PROGRESSO 2-18 D LOT 13 BLK 33
  • Property ID: 494234016640

Listed by Charles Rutenberg Realty Orlan

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Listing agent

— 1500 NW 2nd Ave —

  • Charles Rutenberg Realty Orlan

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1500 NW 2nd Ave

School District:Broward County School District
NameGradesDistance
Thurgood Marshall Elementary School
800 Northwest 13th Street, Fort Lauderdale, FL 33311
PK-30.6 mi
Sunrise Middle School
1750 Northeast 14th Street, Fort Lauderdale, FL 33304
6-81.4 mi
Dillard High School
2501 Northwest 11th Street, Fort Lauderdale, FL 33311
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1500 NW 2nd Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$525,000
-3.67%
MLS
12/19/2025
Listed
$545,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1500 NW 2nd Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,098
—
$433,240
7%
2024
$6,098
8%
$403,480
11%
2023
$5,653
22%
$363,510
26%
2021
$4,637
-9%
$287,930
-16%
2022
$5,116
10%
$343,520
40%
2021
$4,637
36%
$245,460
117%
2019
$3,403
20%
$113,260
10%
2018
$2,846
8%
$102,970
-34%
2017
$2,647
5%
$155,620
10%
2016
$2,524
15%
$141,700
83%
2015
$2,199
6%
$77,370
10%
2014
$2,067
17%
$70,340
10%
2013
$1,765
—
$63,950
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Charles Rutenberg Realty Orlan

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Recent Sales near 1500 NW 2nd Ave

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    Sq. Ft.
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1500 NW 2nd Ave, Fort Lauderdale, FL 33311 (MLS# F10541961) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1500 NW 2nd Ave is currently listed for $525,000 and was received on December 19, 2025. Want to learn more about 1500 NW 2nd Ave? Do you have questions about finding other Duplex real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

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