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1500 NW 2nd Avenue, Fort Lauderdale, FL 33311

$525,000

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https://www.propertypanorama.com/1500-NW-2nd-Ave-Fort-Lauderdale-FL-33311/unbranded

Property Type: Residential Income Square Footage: 1,488 Status: Active

Current Price: $525,000 List Date: 6/11/2026 Last Modified: 6/15/2026

Overview

Description

Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South Florida's most desirable rental markets. With a projected cap rate of 6%+, this property offers significant upside for investors looking to maximize returns. Now delivered vacant, this property offers the flexibility to renovate, reposition, and lease at market rates immediately. Recent updates include newer water heaters, updated interior air-handling units, and other improvements that help reduce near-term capital expenses. Property is being sold without outdoor A/C condenser units. Listing agent related to seller.

Listing Details MLS# F10541961

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1488
Living Area Main: 744
Year Built: 1973
Gated Community YN: No
Lot Size Dimensions: 6750
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Rent Rolls Flooring: Tile Property Condition: Resale Construction Materials: Block Cooling: Ceiling Fan(s); Central Air Heating: Central; Separate Meters Listing Terms: 1031 Exchange; Cash; Conventional Possession: Close Of Escrow Roof: Composition; Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: Appointment Only; Call Listing Agent; Lockbox; Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 545000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1500
Street Direction Prefix: NW
Street Name: 2nd
Street Suffix: Avenue
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33311
Postal Code +4: 5548
Postal Zip: 33311
Subdivision Name: Progresso 2-18 D
Area: 3390
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Parcel Number: 494234016640
Zoning: RDS-15
Directions: Use GPS.

Financial Information

Tax Annual Amount: 6098
Tax Year: 2024
Tax Legal Description: PROGRESSO 2-18 D LOT 13 BLK 33
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-11T19:18:39Z
Major Change Type: Back on Market
Price Change Timestamp: 2026-01-07T22:18:46Z
Status Change Date: 2026-06-11
Back on Market Date: 2026-06-11

More Information

Co-Ownership

Property Management YN: No

Unit 1 Details

Actual Rent: 840
Baths Full: Yes
Efficiency YN: Yes
Hotel Room YN: No

Unit 2 Details

Actual Rent: 840
Baths Full: Yes
Efficiency YN: Yes
Hotel Room YN: No

Price Calculations

Current Price To SqFt: 705.64

Section Details

Parcel Number MLX: 6640

Originating Details

Originating System Key: 607916733
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Flooring

Tile: Yes

Property Condition

Resale: Yes

Documents Available

Rent Rolls: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

Block: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Roof

Composition: Yes
Shingle: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Lockbox: Yes
Showing Service: Yes

Tax Information

City/County: Yes

Listing Office: Charles Rutenberg Realty Orlan

Last Updated: June - 15 - 2026

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