Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South FL’s 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 property’s full earning potential—rents 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 you’re looking to add a strong asset to your portfolio, this duplex checks all the boxes: location, stability, and upside. Listing agent related to seller.
Listing Provided Courtesy of Charles Rutenberg Realty Orlan at 407-622-2122
Property Details
Price:
$525,000
MLS #:
F10541961
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
Progresso 2-18 D
Neighborhood:
3390
Listed Date:
Dec 19, 2025
Finished Sq Ft:
744
Total Sq Ft:
1,488
Year Built:
1973
Units:
2
See this Listing
Schools
Interior
Cooling
Ceiling Fan(s), Central Air
Flooring
Tile
Heating
Separate Meters, Central
Exterior
Construction Materials
Block
Exterior Features
Balcony
Roof
Composition, Shingle
Financial
HOA Includes
Water
Tax Year
2024
Taxes
$6,098
Map
Community
- Address1500 NW 2nd Avenue Fort Lauderdale FL
- SubdivisionProgresso 2-18 D
- CityFort Lauderdale
- CountyBroward
- Zip Code33311
Subdivisions in Fort Lauderdale
- ARGONNE HEIGHTS AMD PLACE 16-8 B
- CORAL HILLS 37-20 B
- CORAL RIDGE ISLES 45-47 B
- FLA FRUIT LANDS CO SUB 1
- GOLDEN HEIGHTS HOMES 40-28 B
- HOLIDAY HEIGHTS 27-11 B
- IMPERIAL POINT 2 SEC 54-19 B
- LAUDERDALE ISLES 2-BLK 12
- M & I 135-4 B
- MARY-KNOLL 39-48 B
- MELROSE PARK SEC 7 39-35 B
- OAKLAND OCEAN MILE
- OAKLAND PARK 2-38 B
- PINE ISLAND COMM 167-50 B
- PLAYA DEL MAR CONDO
- SAILBOAT BEND
- SANDS POINT CONDO II
- SOUTHPOINT CONDO
- STRADA 315
- THE TWNHS AT NOVA
- TWIN LAKES EAST 79-22 B
- YELLOWSTONE PARK AMD
Market Summary
Current real estate data for Multi Family in Fort Lauderdale as of Feb 20, 2026
111
Multi Family Listed
157
Avg DOM
434
Avg $ / SqFt
$1,013,725
Avg List Price
Property Summary
- Located in the Progresso 2-18 D subdivision, 1500 NW 2nd Avenue Fort Lauderdale FL is a Multi Family for sale in Fort Lauderdale, FL, 33311. It is listed for $525,000 To schedule a showing of MLS#f10541961 at 1500 NW 2nd Avenue in Fort Lauderdale, FL, contact your Stonecrest International Realty agent at 561-707-9933.
Similar Listings Nearby

1500 NW 2nd Avenue
Fort Lauderdale, FL
