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

New Listing
$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: 5/31/2026

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.

More Information MLS# B26033585

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: No Occupant Type: Tenant Seller Represented YN: Yes Listing Date: 2026-05-27 Status: Active Original List Price: 220000 List Price: $220,000 Current Price: $220,000 Listing Service: Full Service

Location and Legal

County Or Parish: Broward County Parish Name: Broward City Name: Fort Lauderdale Municipality Type: Incorporated Postal Zip: 33315 Development Name: MARINA OAKS CONDO Geographic Area: FTSW - Ft Lauderdale SW (3470-3500;3570-3590) Subdivision Number: 0 Special Assessment YN: No Flood Zone: AE Country: United States Street Number: 2550 Street Direction Prefix: SW Street Name: 18th Street Suffix: Terrace Unit Number: 2005 State Or Province: FL Postal Code: 33315 Postal Code +4: 2251 Subdivision Name: MARINA OAKS CONDO Area: 3480 Elementary School: Croissant Park Middle Or Junior School: New River High School: Stranahan Parcel Number: 504221aa2630 Zoning: RML-25

General Property Information

Unit Floor #: 2 Adjusted Area Main: 632 Living Area Main: 632 Living Area Source: Public Records Accessibility Features YN: No Gated Community YN: No Lot Size Area: 0 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Land Lease YN: No Stories Total: 2 Stories: 1 Fireplace YN: No Pool Private YN: No Spa YN: No Equestrian Features YN: No Green Verification YN: No Washer/Dryer Allowed YN: Yes LP/Assessed Value: 1.32 Property Sub Type: Condominium Bedrooms Total: 1 Bathrooms Total: 1 Bathrooms Full: 1 Building Area Main: 632 Building Area Source: Public Records Year Built: 1988 Parking Total: 1 Direction Faces: East

Financial Information

Association Deposit YN: No Application Required YN: Yes Association Membership: Mandatory Association Email: stacy@lauriereader.com Master Association YN: No Estimated Monthly Assoc Recurring Fee: 380 Membership Fee Required YN: No Tax Assessed/SOH Value: 166810 Assessor Market Value: 166810 Association YN: 1 Association Fee: 380 Association Fee Frequency: Monthly Tax Annual Amount: 3624.98 Tax Year: 2025 Tax Legal Description: MARINA OAKS CONDO UNIT 2005 BLDG 20 PER CDO BK/PG: 43184/1161

Office/Member Information

DXORIGMLSID: RML

Application Fee Details

Application Fee Required: Yes Application Fee: 150

Application Information

3-4 Weeks Approval: 1 Association Approval Required: 1

Amenities

Clubhouse: 1 Fitness Center: 1 Maintained Community: 1 Pool: 1 Street Lights: 1 Tennis Court(s): 1

Association Amenities

Maintenance: 1

Association Fee Includes

Common Areas: 1 Maintenance Grounds: 1 Pool Service: 1 Recreation Facility: 1

Dining Area

Dining/Living Room: 1 Snack Bar/Counter: 1

Electric

220 Volts: 1

Entry Information

Entry Level: 1 Entry Location: First Floor Entry

Exterior Features

Lighting: 1

Flooring

Tile: 1

Leasing Permitted Details

Leasing Permitted YN: Yes Okay To Lease: 1

Parking Features

Open: 1

Parking Information

Open Parking Spaces: 1

Property Condition

Resale: 1

Special Listing Conditions

Standard: 1

Co-Ownership

Property Management YN: No

Structure Type

Multi Family: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Special Information

Subdivision Restrictions: 1

Utilities

Electricity Connected: 1 Sewer Available: 1 Water Available: 1

View

Garden: 1

Heating

Central: 1

Leasing Restrictions

Leasing - Max Times Per Year: 1 Leasing - Minimum Number of Days: 365

Unit Description

Exterior Catwalk: 1

Water Access

None: 1

Window Features

Blinds: 1

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Water Heater: 1

Construction Materials

CBS: 1

Interior Features

Built-in Features: 1 Kitchen Island: 1

Laundry Features

In Kitchen: 1 Inside: 1 Laundry Closet: 1

Levels

One: 1

Listing Terms

Cash: 1 Conventional: 1

Road Surface Type

Paved: 1

Roof

Shingle: 1

Water Source

Public: 1

Water Heater Details

Electric Water Heater: 1

Boat and Dock Information

Dock: No

Capital Contributions

Capital Contributions YN: No

Cooling

Ceiling Fan(s): 1 Central Air: 1

Ceiling Fan Details

Number Of Ceiling Fans: 2

Association Type

Condominium: 1

Showing Requirements

Schedule Online: 1

Main Level Rooms

Main Level Bathrooms: 1 Main Level Bedrooms: 1

Main Living Area

Entry Level: 1

Master Bedroom/Bath

Combo Tub/Shower: 1

Pets Allowed YN

Yes: 1

Pets Allowed

Pet Restrictions Possible: 1

Pet Details

Pet Fee YN: No

Restrictions

Buyer Approval Required: 1 Parking - No Boat: 1 Parking - No RV: 1

Tax Information

City/County: 1

Outdoor Living Spaces

Balcony: 1

Balcony Details

Balcony - Screened: 1

Room Types

Kitchen: 1 Living Room: 1 Master Bedroom: 1

Price Calculations

Current Price To SqFt: 348.1

Status Change Information

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

Originating Details

Originating System Key: 20260526150439949553000000 Originating System ID: M00000170

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

Room Information

Kitchen Living Room Master Bedroom
Listing Office: Keller Williams Dedicated Prof
IDX
Last Updated: May - 31 - 2026
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