1500 NW 2nd Avenue Fort Lauderdale, FL 33311

744 Sqft, Duplex

AGENT'S REMARKS ABOUT 1500 NW 2ND AVENUE

Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South FLs most desirable rental markets. With a projected cap rate of 6%+, this property offers immediate income and significant upside.The current financials do not reflect the propertys full earning potentialrents are substantially below market, presenting a clear opportunity for increased cash flow over time. Both units are currently occupied, providing day-one income for the next owner.Major updates include newer water heaters and A/C units reducing near term capital expenses and adding peace of mind.If youre looking to add a strong asset to your portfolio, this duplex checks all the boxes: location, stability, and upside. Listing agent related to seller.

PROPERTY DETAILS

  • Property Type: Duplex
  • Approx Living Area: 744 SqFt
  • Year Built: 1973
  • Stories: 1
  • Flooring: Tile
  • Roof: Composition, Shingle
  • Total Floors in Building: 1
  • Construction: Block
  • Cooling System: Central Air, Ceiling Fan(s)
  • Heating: Central, Separate Meters
  • Utility Information: Cable Available
  • County: Broward
  • Area: 3390
  • Subdivision: Progresso 2-18 D
  • Annual Property Taxes: $6,098

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Listing courtesy of Charles Rutenberg Realty Orlan 04.22.2026

If you are interested in this property at 1500 NW 2nd Avenue or any other properties in Fort Lauderdale please contact The Rucco Group at (561) 737-0366.