Sold for $259,000

$259,000

2550 SW 18th Terrace #1406, Fort Lauderdale, FL 33315

2beds

927sqft

Condominium

Built in 1988

-- sqft lot

$253,500 Zestimate^®

$279/sqft

$2,166 Estimated rent

Home value

$253,500

$226,000 - $284,000

$2,166/mo

Zestimate^® history

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$2,166/mo

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$2,166/mo

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$2,337/mo

Est. payment

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$2,337/mo

Est. payment

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What's special

Investment Opportunity in Fort LauderdaleThis renovated, tenant-occupied second-floor unit offers a solid investment with a lease in place until February 2026. Located in a highly sought-after area of Fort Lauderdale, the property provides a stable income stream in a prime location, just minutes from downtown, beaches, and the airport. With modern updates and a reliable tenant, this is a great opportunity for long-term growth and return on investment.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer

Features

None, Vaulted Ceiling(s)
Flooring: Other, Tile
Has fireplace: Yes

Interior area

Total interior livable area: 927 sqft

Property

Parking

Parking features: Assigned
Details: CarportSpaces:0.00

Features

Entry location: Second Floor Entry,Vaulted Ceilings
Patio & porch: Porch, Balcony
Exterior features: Balcony, None, Outdoor Living Area
Pool features: Association
Has view: Yes
View description: Garden

Details

Parcel number: 504221AA1980
On leased land: Yes
Lease amount: $0

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block

Condition

Resale
New construction: No
Year built: 1988

Community & HOA

Community

Security: None
Pet deposit fee: $0
Subdivision: Marina Oaks

HOA

Has HOA: Yes
Amenities included: Pool
Services included: Maintenance Structure
HOA fee: $518 monthly

Location

Region: Fort Lauderdale

Financial & listing details

Price per square foot: $279/sqft
Tax assessed value: $205,420
Annual tax amount: $2,417
Date on market: 10/17/2024
Cumulative days on market: 109 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
3/6/2025	Sold	$259,000$279/sqft
Source: BeachesMLS #F10466926 Report a problem
1/7/2025	Price change	$259,000-2.3%$279/sqft
Source: BeachesMLS #F10466926 Report a problem
12/12/2024	Price change	$265,000-1.1%$286/sqft
Source: BeachesMLS #F10466926 Report a problem
12/9/2024	Price change	$268,000-0.4%$289/sqft
Source: BeachesMLS #F10466926 Report a problem
12/5/2024	Listing removed	$2,350$3/sqft
Source: BeachesMLS #F10466924 Report a problem
11/21/2024	Price change	$2,350-4.1%$3/sqft
Source: BeachesMLS #F10466924 Report a problem
11/18/2024	Price change	$269,000-3.6%$290/sqft
Source: BeachesMLS #F10466926 Report a problem
11/12/2024	Price change	$2,450-9.3%$3/sqft
Source: BeachesMLS #F10466924 Report a problem
11/12/2024	Price change	$279,000-0.4%$301/sqft
Source: BeachesMLS #F10466926 Report a problem
10/17/2024	Listed for sale	$280,000+113.7%$302/sqft
Source: BeachesMLS #F10466926 Report a problem
6/10/2023	Listing removed	--
Source: Zillow Rentals Report a problem
5/26/2023	Listed for rent	$2,700+3.8%$3/sqft
Source: Zillow Rentals Report a problem
5/23/2023	Listing removed	--
Source: BeachesMLS #F10379293 Report a problem
5/19/2023	Price change	$2,600+4%$3/sqft
Source: BeachesMLS #F10379293 Report a problem
5/15/2023	Price change	$2,500-3.7%$3/sqft
Source: BeachesMLS #F10379293 Report a problem
5/11/2023	Price change	$2,595-3.9%$3/sqft
Source: BeachesMLS #F10379293 Report a problem
5/4/2023	Listed for rent	$2,700+89.5%$3/sqft
Source: BeachesMLS #F10379293 Report a problem
6/22/2017	Sold	$131,000-9.7%$141/sqft
Source: Public Record Report a problem
5/27/2017	Pending sale	$145,000$156/sqft
Source: One Sotheby's Int'l Realty #A10278878 Report a problem
5/27/2017	Listed for sale	$145,000$156/sqft
Source: One Sotheby's Int'l Realty #A10278878 Report a problem
5/26/2017	Listing removed	$1,425$2/sqft
Source: Vicky Baris #F10067007 Report a problem
5/11/2017	Listed for rent	$1,425+5.6%$2/sqft
Source: Vicky Baris #F10067007 Report a problem
3/2/2016	Listing removed	$1,350$1/sqft
Source: iHOUSEweb, Inc. #F1377650 Report a problem
2/3/2016	Listed for rent	$1,350+8%$1/sqft
Source: iHOUSEweb, Inc. #F1377650 Report a problem
4/18/2013	Listing removed	$1,250$1/sqft
Source: Salter Realty Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,379 +1.3%	$205,420 -0.6%
2024	$4,324 +78.9%	$206,720 +43.3%
2023	$2,418 +6.5%	$144,210 +3%
2022	$2,270 +3.4%	$140,010 +3%
2021	$2,195 +1.9%	$135,940 +1.4%
2020	$2,153 +8.4%	$134,070 +2.3%
2019	$1,986	$131,060 +1.9%
2018	$1,986 +7.7%	$128,620 +45.9%
2017	$1,843 -12.5%	$88,150 +10%
2016	$2,108 +4.2%	$80,140 +10%
2015	$2,023 +15.5%	$72,860 +10%
2014	$1,752	$66,240 +10%
2013	$1,752 +38%	$60,220 +3.2%
2012	$1,269 +6.2%	$58,370 +1.7%
2011	$1,195 +11.8%	$57,380 +26.1%
2010	$1,069 -76.1%	$45,500 -79.2%
2009	$4,476 -1.5%	$218,540 -2.3%
2008	$4,545	$223,620