Basic Information

  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Progresso 2-18 D
  • Year Built 1973
  • Total Sqft 744
  • Date Listed 12/18/2025
  • Days on Market 60
Description

Unlock the potential of this well-located Ft. Lauderdale duplex, a true value-add investment in one of South FL’s 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 property’s full earning potential—rents 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 you’re looking to add a strong asset to your portfolio, this duplex checks all the boxes: location, stability, and upside. Listing agent related to seller.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Exterior Features Balcony

Interior Features

  • Adjusted Sqft 744Sq.Ft
  • Sqft 744 Sq.Ft

Property Features

  • Aprox. Lot Size 1,488
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex Progresso 2-18 D
  • Subdivision Info Progresso 2-18 D
  • Tax Amount $6,098
  • Tax Year 2024

1500 NW 2nd

Fort Lauderdale, FL 33311

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Charles Rutenberg Realty Orlan. tel: (407) 622-2122

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