Commercial property in Fort Lauderdale, Florida 141.49 sq.m. № 1472311

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Commercial property in Fort Lauderdale, Florida 141.49 sq.m. № 1472311
ID1472311 $ 650 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1472311

Property description

5% 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 $4,150/month with an estimated 5% 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 #: A11718487
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CityFort Lauderdale
Address1515 NW 2nd Ave, Fort Lauderdale FL 33311
TypeCommercial property
Living space141.49 m²
  • sq. ft
Completion dateIV quarter, 1963
Parking places3
Price
  • Price
  • per m²
$ 650 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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