1500 Nw 2nd Avenue, Fort Lauderdale, FL 33311
- $320,000
- 744
- SqFt
- Sold Price
- $320,000
- List Price
- $525,000
- Closing Date
- Jul 13, 2026
- MLS
- F10541961
- Complex Name
- Progresso 2-18 D
- Status
- CLOSED
- Type
- Multifamily
- Living Area
- 744
Property 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.
Additional Information
- Days on Market
- 186
- Style
- Duplex
- Year Built
- 1973
- Development Name
- Progresso 2-18 D
- #Stories
- 1
- Construction Type
- Concrete Block Construction
- Section
- 34
Mortgage Calculator
Listing Courtesy of Charles Rutenberg Realty Orlan, Contact:
Selling Office: Charles Rutenberg Realty Orlan.