2550 SW 18th Terrace 2005, Fort Lauderdale, FL 33315 (MLS# B26033585)

2550 SW 18th Terrace 2005, Fort Lauderdale, FL 33315

$220,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 632 Status: Active
Current Price: $220,000 List Date: 5/27/2026 Last Modified: 10/21/2026

Overview

Description

Investment opportunity at Marina Oaks Condo in Fort Lauderdale! Five tenant-occupied units available, ranging from 1BR/1BA to 2BR/2BA, all providing immediate rental income. Purchase individually, multiple units, or the entire portfolio! Conveniently located near Fort Lauderdale-Hollywood International Airport, universities, shopping, dining, major highways, and South Florida beaches. Community amenities include a swimming pool and open parking. Ideal for investors seeking income-producing properties with long-term potential. All units are tenant-occupied. Do not disturb tenants. Showings will be coordinated only after successful negotiations.

Listing Details MLS# B26033585

General Property Information

Unit Floor #
2
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
632
Building Area Source
Public Records
Living Area Main
632
Living Area Source
Public Records
Adjusted Area Main
632
Accessibility Features YN
No
Year Built
1988
Parking Total
Yes
Gated Community YN
No
Senior Community YN
No
Land Lease YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
Yes
Direction Faces
East
Fireplace YN
No
Pool Private YN
No
Spa YN
No
Green Verification YN
No
Equestrian Features YN
No
Furnished
Unfurnished
Washer/Dryer Allowed YN
Yes
LP/Assessed Value
1.32

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Amenities: Maintenance Association Fee Includes: Common Areas; Maintenance Grounds; Pool Service; Recreation Facility Dining Area: Dining/Living Room; Snack Bar/Counter Electric: 220 Volts Exterior Features: Lighting Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Open Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Central Interior Features: Built-in Features; Kitchen Island Laundry Features: In Kitchen; Inside; Laundry Closet Levels: One Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow Restrictions: Buyer Approval Required; Parking - No Boat; Parking - No RV Road Surface Type: Paved Roof: Shingle Sewer: Public Sewer Special Information: Subdivision Restrictions Structure Type: Multi Family Tax Information: City/County Unit Description: Exterior Catwalk Utilities: Electricity Connected; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Schedule Online Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
220000
Negotiable Seller Concessions YN
No
Occupant Type
Tenant
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
2550
Street Direction Prefix
SW
Street Name
18th
Street Suffix
Terrace
Unit Number
2005
City Name
Fort Lauderdale
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33315
Postal Code +4
2251
Postal Zip
33315
Subdivision Name
MARINA OAKS CONDO
Development Name
MARINA OAKS CONDO
Area
3480
Geographic Area
FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Elementary School
Croissant Park
Middle Or Junior School
New River
High School
Stranahan
Special Assessment YN
No
Parcel Number
504221aa2630
Zoning
RML-25
Flood Zone
AE

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
380
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Email
stacy@lauriereader.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
380
Membership Fee Required YN
No
Tax Annual Amount
3624.98
Tax Year
2025
Tax Assessed/SOH Value
166810
Tax Legal Description
MARINA OAKS CONDO UNIT 2005 BLDG 20 PER CDO BK/PG: 43184/1161
Assessor Market Value
166810

Status Change Information

Major Change Timestamp
2026-05-27T23:46:52Z
Major Change Type
New Listing
Status Change Date
2026-05-27

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes

Boat and Dock Information

Dock
No

Capital Contributions

Capital Contributions YN
No

Co-Ownership

Property Management YN
No

Ceiling Fan Details

Number Of Ceiling Fans
2

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Price Calculations

Current Price To SqFt
348.1

Originating Details

Originating System Key
20260526150439949553000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: Keller Williams Dedicated Professionals
Source MLS Verified
Last Updated: October - 21 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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