517 NW 15th Terrace, Fort Lauderdale FL 33311

Strong income-producing duplex in Dorsey Park First Add, located in Broward County and less than two miles from Las Olas. Built in 1958, this one-story twin home offers 1,236 square feet of living space on a 5,650-square-foot lot. Both identical 2-bedroom, 1-bath units have been recently renovated and are designed for comfortable, practical living.
The property currently generates $37,800 in annual income with additional upside. Unit 1 is leased at $1,850 per month through June 2025 and includes an in-unit washer and dryer. Unit 2 rents for $1,300 per month on a month-to-month basis and has washer and dryer hookups ready for use. The current rent is below market, offering potential for increased income. There is no cast iron plumbing; all lines have been replaced with PVC. New window AC units were installed in 2024, and the concrete roof is in great condition. Additional features include ceiling fans, wall and window cooling, wall/window heating, and exterior lighting. Pets are allowed.
517 NW 15th Terrace, Fort Lauderdale FL 33311 is near North Fork Elementary, Parkway Middle School, and Stranahan High School. Enjoy South Florida sunshine, beautiful beaches, boating, dining, nightlife, and easy access to Miami, major highways, airports, and world-class entertainment.
For details or to schedule a showing, call or text Tel/WhatsApp at +1 786.468.4380.