Home » Fort Lauderdale » 2950 SW 18th Ter, Fort Lauderdale, FL 33315 | A11559521

Triplex Sold 2950 SW 18th Ter, Fort Lauderdale, FL 33315

$799,000
closed for a price of $799,000

Property Highlights

Listing ID A11559521 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Triplex Living Space 2,224 Sqft/206.62 m2 approx. Building Area 2,224 Sqft/206.62 m2 approx. Year Built 1962 Time of this property from published date until Closing Date 31 Days

2950 SW 18th Ter, Fort Lauderdale, FL 33315

Property Description: Triplex Investment Opportunity plus an efficiency, totaling 5 bedrooms and 4 bathrooms. Recently renovated kitchens with quartz countertops & white cabinets, complemented by remodeled bathrooms. Ample parking space for up to 10 cars adds convenience. Each unit offers separate front and back doors, while a laundry room equipped with new washer & dryer that could potentially be converted to a coin-operated facility for added income. Long-term tenants currently pay below-market rents, presenting an opportunity for increased returns. Located near the airport, major highways & colleges. Is perfect for AIRBNB investment or for a family looking to live in one unit and rent the rest. No Association and no restrictions. Don 't miss out on the opportunity to own this amazing opportunity

Useful Info

Contingency:No Contingencies
Original List Price:$799,000
Close Price:$799,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Hot Water
  • Sewer
  • Trash Collection
  • Water
  • Gardener
  • Electricity

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Levels:One
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:No
Exterior Features:
  • Fence
  • Patio
  • Room For Pool
  • Shed
Patio and Porch Features:
  • Patio
Roof:
  • Shingle
Window Features:
  • Blinds
Air Conditioning:Yes
Air Conditioning System:
  • Ceiling Fan(s)
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$8,852

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:LAUDERWOOD AMEN
Community Features:
  • Laundry Facilities
Senior Community:No

Parking

Parking Total Spaces:8
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Flood ZoneAH
Type of AssociationNone
Style Triplex
FEMA Flood Zone DesignationsAH
Subdivision Number5
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:LAUDERWOOD AMEN 36-14 B PAR A W 140
Real Estate Folio Number (Parcel Number):504221050022
Zoning Description:RD-15
Public Survey Range:50
Public Survey Section:21

Listing History

Update/EventDate/Days
Published Date:March 29, 2024 3:31 pm
On Market Date:March 28, 2024
Close Date:April 29, 2024
Price Change Date Time:March 28, 2024 3:56 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:April 30, 2024 1:33 pm
Status Last Changed:April 30, 2024 1:33 pm
Photos Last Modified:April 3, 2024 5:44 pm
Last Modified:April 30, 2024 5:33 pm
Days on the Market Reference Date:April 30, 2024
Days on the Market (updated on Last Modified*):8
Cumulative Days on the Market (updated on Last Modified**):8

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:54
Location:,,Less Than 1/4 Acre Lot
Included:,,
Geographical Area:Ft Ldale SW (3470-3500;3570-3590)
Area:3490
Automated Valuation Display:Yes
Courtesy of:Guardian Real Estate Co.
Universal Property Id:US-12011-N-504221050022-R-N

Location

Show Property Address:Yes
Street Name:18th Ter
Street Number:2950
Street Direction Prefix:SW
Street Address:2950 SW 18th Ter
City : Fort Lauderdale
State : Florida
Zip Code : 33315
County : Broward County
Full Address:2950 SW 18th Ter, Fort Lauderdale, FL 33315
Latitude:N26° 5' 16''
Longitude:W81° 50' 7.4''

Neighborhood

Postal City:Fort Lauderdale

Property Map