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

$220,000

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Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 632 Status: Active

Current Price: $220,000 List Date: 5/27/2026 Last Modified: 5/31/2026

Overview

Description

Amazing opportunity to own or invest in an income-producing property at Marina Oaks Condo in the heart of Fort Lauderdale! Five units available ranging from 1BR/1BA to 2BR/2BA, all with built-in tenants providing immediate rental income. Purchase one unit, multiple units, or the full portfolio. This updated 2nd-floor unit features spacious rooms, tile flooring, stainless steel appliances, in-unit washer & dryer, and a private balcony, plus open parking. Conveniently located minutes from Fort Lauderdale-Hollywood International Airport, universities, shopping, dining, and South Florida beaches. Community amenities include a pool and a prime location with strong rental demand and long-term upside.

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
Lot Size Area: 0

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
Subdivision Number: 0

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
Okay To Lease: 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

Office/Member Information

DXORIGMLSID: RML

Application Information

3-4 Weeks Approval: Yes
Association Approval Required: Yes

Amenities

Clubhouse: Yes
Fitness Center: Yes
Maintained Community: Yes
Pool: Yes
Street Lights: Yes
Tennis Court(s): Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Common Areas: Yes
Maintenance Grounds: Yes
Pool Service: Yes
Recreation Facility: Yes

Dining Area

Dining/Living Room: Yes
Snack Bar/Counter: Yes

Electric

220 Volts: Yes

Exterior Features

Lighting: Yes

Flooring

Tile: Yes

Parking Features

Open: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

Subdivision Restrictions: Yes

Utilities

Electricity Connected: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

Central: Yes

Unit Description

Exterior Catwalk: Yes

Water Access

None: Yes

Window Features

Blinds: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes

Construction Materials

CBS: Yes

Interior Features

Built-in Features: Yes
Kitchen Island: Yes

Laundry Features

In Kitchen: Yes
Inside: Yes
Laundry Closet: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Surface Type

Paved: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Schedule Online: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

Combo Tub/Shower: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Restrictions

Buyer Approval Required: Yes
Parking - No Boat: Yes
Parking - No RV: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Screened: Yes

Room Types

Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Listing Office: Keller Williams Dedicated Prof

Last Updated: May - 31 - 2026

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