1515 NW 2nd Ave, Fort Lauderdale FL 33311

Discover a turnkey Fort Lauderdale duplex offering immediate rental income in one of South Florida’s fastest-growing markets. Located in the Progresso subdivision, just steps from Wilton Manors, this fully rented residential income property generates $3,600 per month and delivers an estimated 4.88% cap rate.
Built in 1963, this attached duplex offers 1,523 square feet of living area. Each unit features its own washer and dryer, water heater, private electric meter, and spacious backyard, giving tenants the privacy and convenience that help support long-term occupancy. Active leases and established tenants are already in place, making this an attractive option for buyers seeking reliable cash flow, a 1031 exchange opportunity, or a well-positioned addition to an investment portfolio.
Important improvements include updated PVC plumbing with no cast iron, no cloth wiring, and newer appliances. Cooling is provided by ceiling fans and wall or window units, while the property’s heating classification is listed as Other.
The Progresso property at 1515 NW 2nd Ave, Fort Lauderdale FL 33311 is located in Broward County, minutes from Las Olas Boulevard, Fort Lauderdale Beach, Sistrunk Marketplace, Flagler Village, Publix, Home Depot, dining, nightlife, shopping, and everyday services.
Living and investing in South Florida also means enjoying Miami’s year-round warm weather, beautiful beaches, international dining, arts, entertainment, professional sports, and major business centers. Strong regional infrastructure, including airports, highways, Brightline rail service, and nearby ports, makes travel throughout Fort Lauderdale, Miami, and the surrounding communities convenient.
For additional details, current lease information, or to schedule a private showing, call or message +1 786.468.4380 via Tel/WhatsApp.