2620 NW 18th Terrace, Oakland Park, FL 33311 (MLS# A12018901)

2620 NW 18th Terrace, Oakland Park, FL 33311

$929,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12018901

Property Type: Residential Income Square Footage: 2,976 Status: Active

Current Price: $929,000 List Date: 5/18/2026 Last Modified: 7/01/2026

Overview

Description

TURNKEY FOURPLEX INVESTMENT OPPORTUNITY IN RAPIDLY GROWING OAKLAND PARK! Fully renovated 4-unit property featuring spacious 2BD/1BA layouts, in-unit washer & dryer, assigned parking, and modern finishes throughout. Upgrades include updated kitchens, bathrooms, flooring, appliances, and impact windows. Separate electric & water meters provide added efficiency for investors. Ideally located minutes from Downtown Fort Lauderdale, Wilton Manors, I-95, Las Olas, beaches, shopping, dining, and major employment hubs. Strong rental demand area with excellent long-term appreciation potential. Listed at only $232,250 per unit, making this an exceptional value-add and cash-flow opportunity in Broward County.

Listing Details MLS# A12018901

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 2976
Living Area Main: 2976
Adjusted Area Main: 2976
Year Built: 1964
Parking Total: 8
Lot Size Dimensions: 12,085 sqft
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Other Available Information Flooring: Vinyl Property Condition: Resale Structure Type: Multi Family Construction Materials: CBS Cooling: Central Air; Wall/Window Unit(s) Heating: Separate Meters; None Listing Terms: Cash; Conventional Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available Showing Requirements: 24 Hour Notice; Appointment Only Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 3 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Parking Space Unit 4 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Parking Space Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 995000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 2620
Street Direction Prefix: NW
Street Name: 18th
Street Suffix: Terrace
City Name: Oakland Park
State Or Province: FL
Postal Code: 33311
Postal Code +4: 2110
Postal Zip: 33311
Subdivision Name: 28-49-42
Area: 3560
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Elementary School: Rock Island
Middle Or Junior School: William E. Dandy
High School: Boyd H. Anderson
Parcel Number: 494228000360
Zoning: R-1
Flood Zone: AE
Subdivision Number: 0

Financial Information

Tax Annual Amount: 20035
Tax Year: 2025
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

Status Change Information

Major Change Timestamp: 2026-07-01T15:59:21Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-01T15:59:21Z
Status Change Date: 2026-05-18

More Information

Meter Information

Separate Electric Meters YN: Yes

Income and Expenses

Gross Income: 7360

Unit 1 Details

Actual Rent: 2000
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 744

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 1660
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 744

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 2000
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 744

Unit 3 Lease Description

Occupant Type: Vacant

Unit 4 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 744

Unit 4 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 312.16

Section Details

Parcel Number MLX: 0360

Originating Details

Originating System Key: 475401935
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Vinyl: Yes

Property Condition

Resale: Yes

Documents Available

Other Available Information: Yes

Structure Type

Multi Family: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Not Available: Yes

Heating

Separate Meters: Yes
None: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 3 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Unit 4 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 4 Parking Features

Parking Space: Yes

Unit 4 Patio/Porch

Patio/Porch: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Listing Office: Elite Sales Group

Last Updated: July - 01 - 2026

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