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1515 NW 2nd Ave, Fort Lauderdale FL 33311 — photo 11 / 64
24.6% reduced

1515 NW 2nd Ave, Fort Lauderdale FL 33311

Fort Lauderdale, FL

List Price

$490,000

Type

Duplex

Price / SqFt

$322/sqft

Price reduction

24.6% below original list — was $650,000

Tenant-occupied

Property Information

Square Feet
1,523
Units
2
Days on Market
513
Status
active

Location

County
Broward County
Zip Code
33311
Coordinates
26.1462, -80.1467

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

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Property: 1515 NW 2nd Ave, Fort Lauderdale FL 33311

Price: $490,000

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Why this deal

  • 24.6% off original list price
  • Multifamily with 2 units
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

70/100

Strong

How this
is scored →
Discount depth40%

24.6% off original list (full marks at 25%+).

Days on market20%

513 days on market (full marks at 120+ — more time = more leverage).

$/sqft vs area median25%

$322/sqft vs area median $333/sqft. Lower can mean value — or lower condition/location. Verify.

Seller-motivation signals15%

Soft motivation language (value-add, motivated, tenant-occupied, cash-only).

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.

Deal calculator

Value-add deal calculator

1515 NW 2nd Ave, Fort Lauderdale FL 33311, Fort Lauderdale, FL

Recommended max offer

$394,080

Spread vs list (room below list)

$95,920

70% rule MAO

$394,080

Margin-based MAO

$459,080

Est. all-in basis

$455,000

Projected profit

$195,000

Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.