Seller's Agent in 2025
Liz Metott
Native Realty Co.
(954) 865-9085
1 in this area
8 Total Sales
2550 SW 18th Terrace Unit 1406 Fort Lauderdale, FL 33315
River Oaks Neighborhood
2
Beds
2
Baths
927
Sq Ft
$518/mo
HOA Fee
Highlights
- Vaulted Ceiling
- Community Pool
- Central Heating and Cooling System
- Garden View
- Tile Flooring
- Washer and Dryer
About This Home
As of March 2025Investment Opportunity in Fort Lauderdale
This 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,417
Year Built
- Built in 1988
HOA Fees
- $518 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Entry on the 2nd floor
Interior Spaces
- 927 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Tile Flooring
- Garden Views
- Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- East Facing Home
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 504221AA1980
Community Details
Overview
- Association fees include maintenance structure
- Marina Oaks Subdivision
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2024
Closed on
Mar 5, 2025
Sold by
Doytier Shayna and Kelley Shayna
Bought by
Digital Experts Pro Inc
Seller's Agent
Liz Metott
Native Realty Co.
List Price
$280,000
Sold Price
$259,000
Premium/Discount to List
-$21,000
-7.5%
Views
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,889
Avg. Annual Appreciation
-4.26%
Original Mortgage
$181,300
Outstanding Balance
$180,694
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$72,396
Purchase Details
Closed on
Sep 18, 2020
Sold by
Exceptional Results Management Llc
Bought by
Palmer Shayna and Doytier Shayan
Purchase Details
Closed on
Jun 15, 2017
Sold by
Tw Marina Oaks Management Llc
Bought by
Of Exceptionsal Results Managemnt Llv
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $259,000 | Perland Title & Escrow Service | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $131,000 | Title New Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $181,300 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $259,000 | 0.0% | $279 / Sq Ft |
| 01/07/2025 01/07/25 | Price Changed | $259,000 | -2.3% | $279 / Sq Ft |
| 12/12/2024 12/12/24 | Price Changed | $265,000 | -1.1% | $286 / Sq Ft |
| 12/09/2024 12/09/24 | Price Changed | $268,000 | -0.4% | $289 / Sq Ft |
| 11/18/2024 11/18/24 | Price Changed | $269,000 | -3.6% | $290 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $279,000 | -0.4% | $301 / Sq Ft |
| 10/17/2024 10/17/24 | For Sale | $280,000 | -- | $302 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,324 | $206,720 | $20,670 | $186,050 |
| 2024 | $2,418 | $206,720 | $20,670 | $186,050 |
| 2023 | $2,418 | $144,210 | $0 | $0 |
| 2022 | $2,270 | $140,010 | $0 | $0 |
| 2021 | $2,195 | $135,940 | $0 | $0 |
| 2020 | $2,153 | $134,070 | $0 | $0 |
| 2019 | $1,986 | $131,060 | $0 | $0 |
| 2018 | $1,843 | $128,620 | $12,860 | $115,760 |
| 2017 | $2,108 | $88,150 | $0 | $0 |
| 2016 | $2,023 | $80,140 | $0 | $0 |
| 2015 | $1,880 | $72,860 | $0 | $0 |
| 2014 | $1,752 | $66,240 | $0 | $0 |
| 2013 | -- | $60,220 | $6,020 | $54,200 |
Source: Public Records
Agents Affiliated with this Home
-
Liz Metott
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10466926
APN: 50-42-21-AA-1980
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