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$785,000
2620 NW 18th Terrace
Oakland Park, FL 33311
MLS# F10367482
Status: Closed



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Property Description
Great investment opportunity 4 units 2/1 all renting for $1800/month each, Tenants pay for their own water and electricity.3 units have been fully renovated.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2023-02-07
Status: Closed
Original List Price: 795000
Sold Price: $785,000
Current Price: $785,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Oakland Park
Postal Zip: 33311
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Country: United States
Street Number: 2620
Street Direction Prefix: NW
Street Name: 18th
Street Suffix: Terrace
State Or Province: FL
Postal Code: 33311
Postal Code +4: 2110
Subdivision Name: Oakland park
Area: 3560
Parcel Number: 494228000360
Zoning: R-1
General Property Information
Number Of Units Total: 4
Living Area Main: 2976
Gated Community YN: No
Stories Total: 1
Pool Private YN: No
Spa YN: No
LP/Assessed Value: 1.74
Property Sub Type: Quadruplex
Year Built: 1964
Financial Information
Tax Assessed/SOH Value: 456990
Assessor Market Value: 456990
Tax Annual Amount: 12030
Tax Year: 2022
Tax Legal Description: 28-49-42 S 85 OF N 405 OF E1/2 OF E1/2 OF SE1/4 OF SW1/4 OF NW1/4 LESS W 25 FOR RD
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Seller Financing
Major Change Timestamp: 2023-04-24T19:13:47Z
Major Change Type: Status Change
Status Change Date: 2023-04-24
Under Contract Date: 2023-04-13
Close Date: 2023-04-24
Close Price: 785000
Association Fee Includes
Maintenance Grounds: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Co-Ownership
Property Management YN: No
Documents Available
Copy Of Lease(s): 1
Deposit - Last Months Rent: 1
Deposit - Security: 1
Meter Information
Separate Electric Meters YN: Yes
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Window/Wall: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Shingle: 1
Water Source
Public: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Tax Information
Tax Reflects No Exemptions: 1
Contingencies
Financing: 1
Concessions
Seller Concessions: No
Unit 1 Appliances
Disposal: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1800
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Hotel Room YN: No
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Disposal: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 1800
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Hotel Room YN: No
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Unit 3 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 1300
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Hotel Room YN: No
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Open Parking: 1
Unit 4 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 1600
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Hotel Room YN: No
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 263.78
Original List Price To Close Price: 0.98
Section Details
Parcel Number MLX: 0360
Acreage Description
Less Than 1/4 Acre Lot: 1
Income and Expenses
Net Operating Income: 69900
Operating Expense: 16500
Gross Scheduled Income: 86400
Originating Details
Originating System Key: 563585210
Originating System ID: M00000170
Property Features
Association Fee Includes: Maintenance Grounds
Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security
Flooring: Ceramic Tile
Property Condition: Resale
Construction Materials: CBS
Cooling: Central Air; Wall/Window Unit(s)
Heating: Central; Separate Meters; Window/Wall
Listing Terms: Cash; Conventional
Possession: Negotiable
Roof: Composition; Shingle
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only
Unit 1 Appliances: Disposal; Dryer; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen; Laundry Room
Unit 2 Appliances: Disposal; Dryer; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Dryer; Range; Refrigerator; Washer
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Open Parking
Unit 4 Appliances: Dryer; Range; Refrigerator; Washer
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: Open Parking
Contingencies: Financing
Acreage Description: Less Than 1/4 Acre Lot
Supplements
Great investment opportunity 4 units 2/1 all renting for $1800/month each, Tenants pay for their own water and electricity.3 units have been fully renovated.

IDX
Listing Office: Charles Rutenberg Realty FTL

Last Updated: August - 11 - 2026

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