About 1500 Nw 2nd Avenue
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.
Features of 1500 Nw 2nd Avenue
| MLS® # | F10541961 |
|---|---|
| Price | $525,000 |
| Square Footage | 744 |
| Year Built | 1973 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Pending |
Community Information
| Address | 1500 Nw 2nd Avenue |
|---|---|
| Area | 3390 |
| Subdivision | Progresso 2-18 D |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33311 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Separate Meters |
|---|---|
| Cooling | Central Air, Ceiling Fan(s) |
| # of Stories | 1 |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Construction | Block |
Additional Information
| Zoning | RDS-15 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Charles Rutenberg Realty Orlan |
|---|