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$540,000
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Property Description
4.93% ROI! Incredible investment opportunity just steps from Wilton Manors-one of South Florida's most desirable and rapidly growing rental markets. This fully rented duplex produces $3,850/month with an estimated 5% cap rate, offering immediate cash flow with long-term upside. Each unit has its own washer/dryer, water heater, private electric meter, and spacious backyard-ideal for tenants seeking comfort and privacy. Recent updates include PVC plumbing (no cast iron), no cloth wiring, and newer appliances. Located minutes from Las Olas, Fort Lauderdale Beach, Sistrunk Marketplace, Flagler Village, and major retailers like Publix and Home Depot. Long-term tenants in place with active leases. Whether you're looking for a strong ROI, a 1031 exchange, or a turnkey asset in a prime location.
Full Property Details
Full Property Details for 1515 NW 2nd Ave
General
- Price: $540,000
- Taxes: $9,702 (2024)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11718487
- Updated: 1/5/2026
- Added to Site: 374 day(s) ago
Rental Information
- Rent Includes: Other Rent Incl
Interior
- Flooring: Terrazzo
Exterior
- Deck/Patio: Patio
Parking
- Total Spaces: 3
Location
- Area: Progresso
- County: Broward County
- Subdivision: PROGRESSO
- Building Name: PROGRESSO
- Driving Directions: Take I-95 to Sunrise Blvd and head east. Turn left (north) on NW 9th Ave (Powerline Rd), then right on NW 15th St. Turn left on NW 2nd Ave. Property is on the left side.
Community
- Community Name: Progresso
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Other
Utilities
- Sewer: Other
Structural Information
- Architectural Style: Attached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1523
- Square Feet: 1,523
- Living Area: 1,523 Sq. Ft.
- Year Built: 1963
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: RDS-15
Financial Considerations
- Price Per Sq. Ft.: $354.56
- Tax Amount: $9,702
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Other Available Information
- Legal Description: PROGRESSO 2-18 D LOT 9 BLK 32
- Property ID: 494234016370
Listed by Related General Realty, LLC.
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Schools
Schools serving 1515 NW 2nd Ave
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Thurgood Marshall Elementary School 800 Northwest 13th Street, Fort Lauderdale, FL 33311 | PK-3 | 0.5 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 1.5 mi |
Dillard High School 2501 Northwest 11th Street, Fort Lauderdale, FL 33311 | 9-12 | 1.9 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 1515 NW 2nd Ave
Date
Details
Price
Change
Source
11/25/2025
Price Reduced
$540,000
-1.82%
MLS
9/25/2025
Price Reduced
$550,000
-7.09%
MLS
6/05/2025
Price Reduced
$592,000
-1.33%
MLS
4/25/2025
Price Reduced
$599,999
-4.76%
MLS
3/24/2025
Price Reduced
$630,000
-3.08%
MLS
1/09/2025
Listed
$650,000
31.85%
MLS
6/10/2022
Sold
$493,000
—
Public Record
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
Tax History for 1515 NW 2nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,702
—
$454,300
—
2024
$9,702
8%
$453,820
—
2023
$8,989
44%
$453,820
64%
2021
$6,249
-11%
$276,510
-20%
2022
$7,017
12%
$343,530
45%
2021
$6,249
55%
$236,400
40%
2019
$4,021
18%
$168,640
10%
2018
$3,418
8%
$153,310
—
2017
$3,176
9%
$152,950
21%
2016
$2,926
35%
$126,710
67%
2015
$2,170
6%
$75,740
10%
2014
$2,040
18%
$68,860
10%
2013
$1,728
—
$62,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1515 NW 2nd Ave
1515 NW 2nd Ave, Fort Lauderdale, FL 33311 (MLS# A11718487) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1515 NW 2nd Ave is currently listed for $540,000 and was received on January 09, 2025. Want to learn more about 1515 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.

