1500 2nd Avenue, Fort Lauderdale, FL 33311
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  • MLS#: F10541961 ( Residential )
  • Street Address: 1500 2nd Avenue
  • Viewed: 2
  • Price: $545,000
  • Price sqft: $81
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 6750
  • Garage / Parking Spaces: 3
  • Additional Information
  • Geolocation: 26 / -80
  • County: BROWARD
  • City: Fort Lauderdale
  • Zipcode: 33311
  • Subdivision: Progresso 2 18 D
  • Provided by: LYNQ Real Estate
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  • Description
    Unlock the potential of this well located Ft. Lauderdale duplex, a true value add investment in one of South FLs 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 propertys full earning potentialrents 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 youre looking to add a strong asset to your portfolio, this duplex checks all the boxes: location, stability, and upside. Listing agent related to seller.
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Features
Building and Construction
  • Flooring: Carpet, Ceramic Tile
  • Roof: Composition, Shingle
Land Information
  • Lot Features: Room for Pool
Garage and Parking
  • Parking Features: Attached Garage, Garage, Garage Door Opener
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Electric: Three Phase
  • Heating: Central, Electric
  • Pets Allowed: No Restrictions, Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
Amenities
  • Association Amenities: None
Finance and Tax Information
  • Tax Year: 2018
Other Features
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Furnished: Unfurnished
  • Interior Features: Entrance Foyer, High Ceilings, Pull Down Stairs
  • Legal Description: PORT ST LUCIE-SECTION 16- BLK 1500 LOT 8 (MAP 44/18N) (OR 3998-1315)
  • Parcel Number: 342057507230000
  • Style: Ranch
  • Zoning Code: RS-2
Headshot for Associate Jessica M. Bustinza Lopusnak
  1. Jessica M. Bustinza Lopusnak
  2. Tropic Shores Realty
  3. Home: 727.388.2312
  4. Mobile: 352.346.0251
  5. jbustinza2474@gmail.com