$490,000
1515 NW 2nd Avenue
Fort Lauderdale, FL 33311
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $490,000
- Price per sq ft
- $322
- Original price
- $650,000
- Days on market
- 511
This multi-family property in Progresso is listed at $490,000, or $322 per square foot. The asking price has come down 24.6% from its original $650,000. It has been on the market for 511 days.
Estimated monthly payment
$2,575 /mo
Principal and interest only, based on $98,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $490,000
- Days on Site
- 511 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,523 sqft
- Total Sq Ft
- 1,523 sqft
- Year Built
- 1963
- Property Type
- Multi-Family
- MLS #
- A11718487
- Property Tax
- $9,702 (2024)
- Subdivision
- PROGRESSO
- County
- Broward
- Status
- Active
About This Property
4.88% ROI! Incredible investment opportunity just steps from Wilton Manors—one of South Florida’s most desirable and rapidly growing rental markets. This fully rented duplex produces $3,600/month with an estimated 4.88% cap rate, offering immediate cash flow with long-term upside. Each unit has its own washer/dryer, water heater, private electric meter, and spacious backyard—ideal for tenants seeking comfort and privacy. Recent updates include PVC plumbing (no cast iron), no cloth wiring, and newer appliances. Located minutes from Las Olas, Fort Lauderdale Beach, Sistrunk Marketplace, Flagler Village, and major retailers like Publix and Home Depot. Long-term tenants in place with active leases. Whether you're looking for a strong ROI, a 1031 exchange, or a turnkey asset in a prime location.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1963
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 1,523
- Total Sq Ft
- 1,523
- Structure Type
- Duplex
- Zoning
- RDS-15
Interior Features
- Cooling
- Ceiling Fans / Wall Window Units
- Heating
- Other / Separate Meters
- Flooring
- Terrazzo
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Patio
Community & HOA
- Utilities
- Cable Available / Sewer Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 3390
Schools
- Elementary School
- Thurgood Marshall
- Middle School
- Sunrise
- High School
- Dillard 6-12
About the Community
Progresso is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $244,900 to $2,900,000. Homes were built between 1931 and 2027. Pure Equity lists homes in Progresso and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 125
- Under Contract
- 17
- Median List Price
- $785,000
- Median Sale Price (September)
- $640,000
- Median $/Sq Ft
- $468
- Avg Days on Market
- 103
Frequently Asked Questions
- How do I schedule a tour of 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311?
- Use the Tour button on this listing to request a showing of 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311 still available?
- 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311 is currently listed as Active, and has been on the market 511 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311?
- With 20% down ($98,000) on the $490,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311 is about $2,575/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311?
- 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311 is zoned for Thurgood Marshall (elementary), Sunrise (middle), Dillard 6-12 (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311?
- Often, yes. The right offer on 1515 NW 2nd Avenue, Fort Lauderdale, FL 33311 depends on how it's priced against comparable multi-family sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Related General Realty, LLC.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$490,000
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Listed by Carlos Pulido, Related General Realty, LLC.
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Recent Sales
Recently sold homes in Progresso
These are the last 6 recorded closings in Progresso, with the price each home actually sold for rather than what it was listed at. They closed at a median of $463 per square foot. The most recent closed on October 9, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$695,000
Sold · October 9, 2026
1728 NE 17th Terrace
3 bed · 2 bath · 1,482 sqft · $469/sqft
$50,000 under the asking price
Sold$510,000
Sold · October 9, 2026
1142 NW 2nd Avenue
3 bed · 2 bath · 1,102 sqft · $463/sqft
Sold$453,000
Sold · October 8, 2026
1115 NW 7th Avenue
3 bed · 2 bath · 1,180 sqft · $384/sqft
$5,500 over the asking price
Sold$415,000
Sold · October 8, 2026
1605 NW 7th Terrace
2 bed · 1 bath · 965 sqft · $430/sqft
$24,000 under the asking price
Sold$900,000
Sold · October 8, 2026
1749 NE 9th Street
3 bed · 3.5 bath · 2,436 sqft · $369/sqft
$10,000 under the asking price
Sold$1,470,000
Sold · October 7, 2026
1131 NE 12th Avenue
3 bed · 3.5 bath · 2,741 sqft · $536/sqft
$80,000 under the asking price
See every recorded sale in Progresso or find out what your Progresso home is worth.
