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1500 NW 2nd Avenue, Fort Lauderdale, FL 33311

Fort Lauderdale, FL, 33311 · Progresso 2-18 D

$525,000

0 ba · 744 sqft

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About this home

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.

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Listing courtesy of Charles Rutenberg Realty Orlan · Daniel Ferreira

Listing information is provided by BeachesMLS via the Spark Platform. All information is deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information.

Last updated 2026-06-15