PROGRESSO

1142 NW 2nd Ave, Fort Lauderdale FL 33311

3 beds · 2 baths · 1,102 ft²

Closed

$510,000

7.19%

Est. Payment $2,714/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,102

Sq. Ft.

1958

Year Built

167

Days on Market

Description

Maximize your ROI with this high-potential corner lot strategically positioned in one of Fort Lauderdale’s fastest-growing pockets. Zoned RD-15, this property is a blank canvas for developers looking to capitalize on the area’s skyrocketing demand.Vertical Potential: Unlock value by building up to 4 floors. Dual-Income Strategy: Zoned for a duplex; finish the existing 3/2 main house while developing a secondary high-end investment property on the oversized corner lot. Infrastructure Ready: Electric gate entrance with secure 4-car parking and gas-line connectivity already in place. Location Alpha: Minutes from the nightlife of Wilton Manors, the business hub of Downtown Fort Lauderdale, and the beach. This isn't just a home; it’s a high-density development opportunity in a supply-constrained market.

Facts

MLS#
A11984878
Subdivision
PROGRESSO
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1958
Lot Size
10,124 ft²
Sq. Ft.
1,102 ft²
Sq. Mt.
102 m²
Price per sq. ft.
$463/ft²
Price per sq. mt.
$5,000/m²
Stories
—
Garage
—
Pool
—
Days on Market
167 days
Listed
Mar 18, 2026
Last Updated
Oct 13, 2026
Price/Lot Sq.Ft.
$50/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

37

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).

10/13/2026Sold$510,000
8/11/2026Price change$510,000-7.2%
3/18/2026Listed for sale$549,500

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1142 NW 2nd Ave, Fort Lauderdale FL 33311Directions

Estimated Monthly Payment

$3,289/mo

Principal & Interest

$2,714

Property Tax

$425

Insurance

$150

HOA

$0

20% ($102,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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

Similar listings nearby

More homes in Fort Lauderdale around $510,000.

Call NowWhatsApp