PROGRESSO
1515 NW 2nd Ave, Fort Lauderdale FL 33311
1,523 ft²
1,523
Sq. Ft.
1963
Year Built
1
Stories
484
Days on Market
Description
4.88% 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 $3,600/month with an estimated 4.88% 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.
Facts
- MLS#
- A11718487
- Subdivision
- PROGRESSO
- Property Type
- Residential Income
- Property Sub Type
- Duplex
- Year Built
- 1963
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,523 ft²
- Sq. Mt.
- 141 m²
- Price per sq. ft.
- $328/ft²
- Price per sq. mt.
- $3,546/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 484 days
- Listed
- Jan 9, 2025
- Last Updated
- May 8, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Fort Lauderdale
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
68
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/8/2026 | Price change | $500,000-23.1% |
| 1/9/2025 | Listed for sale | $650,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Charles R Hadley Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.3 mi
- Crisda Academics
UG · private · 0.4 mi
- Crisda Christian Academy Inc.
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Pinecrest North Preparatory (Fontainebleau Campus)
KG,1,2,3,4,5,6,7,8 · charter · 0.7 mi
- Pinecrest North Preparatory High School
9,10,11,12 · charter · 0.7 mi
- Seminole Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
- Emmanual Christian School
1,2,3,4,5,6 · private · 1.0 mi
- Apple Learning Center
PK,KG,1,2,3,4,5 · private · 1.4 mi
- Tiny Steps Daycare Learning Center
PK,TK,KG,1,2,3 · private · 1.4 mi
- Little Village Day Care And Learning Center
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.4 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$3,228/mo
Principal & Interest
$2,661
Property Tax
$417
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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