$173,000
SOLD JUN 6, 2025

2550 SW 18th Terrace Unit 2105 Fort Lauderdale, FL 33315

River Oaks Neighborhood
1 Bed
1 Bath
682 Sq Ft
$382/mo HOA Fee

Recently Sold

$254 Per Sq Ft

9% Below List Price

42 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Screened Porch
  • Clubhouse
  • Wood Flooring
  • Tennis Courts

About This Home

As of June 2025

This second floor, one bedroom one bathroom condo is a fantastic investment opportunity in the heart of Fort Lauderdale. Located just off Marina Mile. This unit offers the perfect combination of comfort and convenience.Whether you're looking to add to your portfolio or seeking a high demand rental, this condo delivers immediate rental potential, with no waiting period after closing .This location is unbeatable, just minutes from downtown Fort Lauderdale, world famous beaches, and Fort Lauderdale International Airport. It's ideal for tenants/owners seeking access to everything....this vibrant city has to offer. From shopping and dining, to entertainment and travel. Don't miss out on this excellent opportunity to own a property in one of South Florida most desirable areas!

Last Agent to Sell the Property

Andrea Marsden

LoKation License #3410320 Listed on: 04/13/2025

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,217

Year Built

  • Built in 1988

HOA Fees

  • $382 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 682 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Screened Porch

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom | 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 504221AA2710

Community Details

Overview

  • Association fees include sewer, water
  • Marina Oaks Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,217

Year Built

Built in 1988

Lot Details

0

HOA Fees

$382 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1988
  • Carport Y N: No
  • Entry Level: 2
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Second Floor Entry, Other, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood, Laminate, Wood
  • Living Area: 682.0
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony
  • View: Other
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 382.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Fitness Center, Tennis Court(s)
  • Association #2 Fee: 382.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Sewer, Water

Lot Info

  • Parcel #: 504221AA2710

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3217.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2025
Closed on
Jun 5, 2025
Sold by
Happy Sunny Rentals Llc
Bought by
Ordonez Ernesto Kurt
Seller's Agent
Andrea Marsden
LoKation
List Price
$190,000
Sold Price
$173,000
Premium/Discount to List
-$17,000
-8.95%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Dec 7, 2018
Sold by
Crossman Michael
Bought by
Happy Sunny Rentals Llc

Purchase Details

Closed on
Apr 28, 2009
Sold by
Marina Oaks Llc
Bought by
Crossman Michael
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $173,000 South Florida Title
Warranty Deed $120,000 Town & Country Title Guarant
Special Warranty Deed $56,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 For Rent $1,799 0.0% --
06/06/2025 06/06/25 Sold $173,000 -8.9% $254 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
04/13/2025 04/13/25 For Sale $190,000 -- $279 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

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 $3,351 $165,000 -- --
2024 $3,087 $165,000 $14,750 $132,710
2023 $3,087 $136,370 $0 $0
2022 $2,829 $123,980 $0 $0
2021 $2,546 $112,710 $0 $0
2020 $2,301 $102,470 $10,250 $92,220
2019 $2,221 $102,790 $10,280 $92,510
2018 $1,702 $94,770 $9,480 $85,290
2017 $1,620 $64,940 $0 $0
2016 $1,558 $59,040 $0 $0
2015 $1,445 $53,680 $0 $0
2014 $1,350 $48,800 $0 $0
2013 -- $44,370 $4,440 $39,930
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Andrea Marsden

    LoKation

    (954) 545-5583

    1 in this area

    5 Total Sales

    Andrea Marsden
    Section Image

  • J

    Seller's Agent in 2025

    Juan Restrepo

    United Realty Group Inc

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10498111

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-21-AA-2710

Florida Broward County Fort Lauderdale 33315 River Oaks

2550 SW 18th Terrace Unit 2105, Fort Lauderdale, FL

This home is located at 2550 SW 18th Terrace Unit 2105, Fort Lauderdale, FL 33315 and is currently priced at $173,000, approximately $253 per square foot. This property was built in 1988. 2550 SW 18th Terrace Unit 2105 is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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