5.09% ROI! Incredible investment opportunity just steps from

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Townhome/Townhouse For Sale

1515 NW 2nd Ave

Fort Lauderdale, Florida 33311

Broward County

Community: Progresso

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$540,000 3 br, 2.0 bath 1523 sq. ft. 0.000 acres

5.09% 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 $4,150/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.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 1523
  • Year Built: 1963
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Block
  • Roof: Shingle
  • Property Taxes: $9,702
  • MLS #: A11718487
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Contact Information:
Beach Townhome/Townhouse For Sale in Fort Lauderdale, Florida
Listing Agent: Carlos Pulido, Related ISG Realty, 305-505-1576, 305-932-6365 Listing Site, Listing Status: Active
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5685638
Viewed 76 times.
Updated: Nov 27, 2025

This property is a Townhome/Townhouse located at 1515 NW 2nd Ave, Fort Lauderdale, Florida 33311, and is currently For Sale at $540,000. This Townhome/Townhouse has 3 bedrooms, 2.0 baths, 1523 sq ft.