$425,000

1515 NW 2ND AVE, FORT LAUDERDALE, FL 33311

0 baths1,523 sq ft2 to 4 unitsBuilt 1963
Updated today, November 3, 2026

This home against South Middle River

$279 per sq ft, 22% under the South Middle River median
117 days on the market
Price cut $65,000 since it was listed at $490,000
$9,912 in property taxes (2025)

South Middle River today: 76 homes for sale, median list price $499,950.

About this home

6.57% EST. CAP RATE!! Fully rented duplex near highly desirable Wilton Manors generating $3,600/month in rental income. Tenants pay water and electricity, helping keep owner expenses low and providing immediate income from day one. Each unit offers its own washer/dryer, water heater, separate electric meter and private backyard—features that support tenant privacy and long-term rental appeal. Property features no cloth wiring and newer appliances. Long-term tenants are already in place with active leases. Minutes from Wilton Manors, Las Olas, Flagler Village, Sistrunk Marketplace, Downtown Fort Lauderdale and the beach. Sold AS-IS with no surprises: full inspection, 4-point, wind mitigation and contractor estimates for roof replacement and cast-iron line lining are available to buyers. Short sale subject to lender approval. Ideal for buy-and-hold or 1031 exchange investors.

Zoned schools

Elementary: Thurgood Marshall Elementary School
Middle: Sunrise Middle School
High: Dillard High

From Broward County Public Schools attendance zones.

Near this home

Park: Warfield Park, 0.4 mi
Beach: Fort Lauderdale Beach, 2.8 mi
Grocery: La Madame Supermarket, 0.5 mi

Distances from the center of South Middle River, FORT LAUDERDALE.

Listing courtesy of Related General Realty, LLC.. MLS# A12051695.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed July 8, 2026.

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