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.
Sold for $320,000
Zestimate®
$320,000
1500 NW 2nd Avenue, Fort Lauderdale, FL 33311
4beds
2baths
744sqft
Duplex, Multi Family, Multi Family
Built in 1973
-- sqft lot
$320,000 Zestimate®
$430/sqft
$1,989 Estimated rent
Home value
$320,000
$288,000 - $355,000
$1,989/mo
Zestimate® history
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List your homeWhat's special
Updated interior air-handling unitsNewer water heaters
Zillow last checked:
Listing updated:
Listed by:
Daniel Ferreira 407-274-1108,
Charles Rutenberg Realty Orlan
Bought with:
Daniel Ferreira, 3620308
Charles Rutenberg Realty Orlan
Source: BeachesMLS,MLS#: F10541961
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Separate Meters
Cooling
- Central Air, Ceiling Fan(s)
Features
- Flooring: Tile
Interior area
- Total structure area: 1,488
- Total interior livable area: 744 sqft
Property
Lot
- Size: 6,750 Square Feet
- Dimensions: 6750
Details
- Parcel number: 494234016640
- Zoning: RDS-15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Block
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Progresso 2-18 D
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $430/sqft
- Tax assessed value: $433,240
- Annual tax amount: $6,098
- Date on market: 6/11/2026
- Cumulative days on market: 73 days
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Sold | $320,000-39%$430/sqft |
Source:  BeachesMLS #F10541961 Report a problem | ||
| 7/1/2026 | Pending sale | $525,000$706/sqft |
Source: BeachesMLS #F10541961 Report a problem | ||
| 1/7/2026 | Price change | $525,000-3.7%$706/sqft |
Source: BeachesMLS #F10541961 Report a problem | ||
| 12/19/2025 | Listed for sale | $545,000$733/sqft |
Source: BeachesMLS #F10541961 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,741 +10.5% | $200,610 +10% |
| 2024 | $6,098 +7.9% | $182,380 +10% |
| 2023 | $5,653 +10.5% | $165,800 +10% |
| 2022 | $5,116 +10.3% | $150,730 +10% |
| 2021 | $4,637 +10.3% | $137,030 +10% |
| 2020 | $4,206 +23.6% | $124,580 +10% |
| 2019 | $3,403 | $113,260 -35.5% |
| 2018 | $3,403 +19.6% | $175,510 +87.5% |
| 2017 | $2,846 +7.5% | $93,610 +10% |
| 2016 | $2,647 +4.9% | $85,100 +10% |
| 2015 | $2,524 +22.1% | $77,370 +10% |
| 2014 | $2,067 | $70,340 +5.1% |
| 2013 | $2,067 +43.4% | $66,920 +15.1% |
| 2012 | $1,442 +1.9% | $58,140 +1.9% |
| 2011 | $1,415 -23.4% | $57,030 -31.7% |
| 2010 | $1,848 -24.7% | $83,450 -28.5% |
| 2009 | $2,454 -16% | $116,770 -17.3% |
| 2008 | $2,921 -5.3% | $141,260 -6.4% |
| 2007 | $3,085 +1.5% | $150,860 +12.6% |
| 2006 | $3,040 | $133,960 +84.4% |
| 2005 | -- | $72,660 |
Find assessor info on the county website
Neighborhood: South Middle River
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Nearby schools
GreatSchools rating
- 4/10Thurgood Marshall Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Sunrise Middle SchoolGrades: 6-8Distance: 1.5 mi
- 4/10Dillard High SchoolGrades: 6-12Distance: 1.9 mi
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Estimated market value
$320,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$320,000
- Florida
- Broward County
- Fort Lauderdale
- 33311
- South Middle River
- 1500 NW 2nd Avenue
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Nearby neighborhoods
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