Andy Magic City Realtor
For Sale
5
1 / 64

1515 2nd Ave, Fort Lauderdale, FL 33311

$465,000

5

Square Feet
1,523
Property Type
Multi-Family
Year Built
1963
Parking
3 spaces
Annual Taxes
$9,912
MLS ID
A12051695

About This Property

5.86% EST. CAP RATE!! Fully rented duplex near highly desirable Wilton Manors generating $3,600/month in rental income. Tenants pay water and electricity, helping keep owner expenses low and providing immediate income from day one. Each unit offers its own washer/dryer, water heater, separate electric meter and private backyard—features that support tenant privacy and long-term rental appeal. Property features mostly PVC plumbing, no cloth wiring and newer appliances. Long-term tenants are already in place with active leases. Minutes from Wilton Manors, Las Olas, Flagler Village, Sistrunk Marketplace, Downtown Fort Lauderdale and the beach. An attractive opportunity for buy-and-hold or 1031 exchange investors seeking an occupied income-producing asset in a prime Fort Lauderdale location.

Listed July 10, 2026 · Updated September 16, 2026 · Listing courtesy of Carlos Jose Pulido, Related General Realty, LLC.