Home » Fort Lauderdale » 2620 NW 18th Ter, Fort Lauderdale, FL 33311 | F10438981

Fourplex (Quadruplex) Sold 2620 NW 18th Ter, Fort Lauderdale, FL 33311

$975,000
closed for a price of $935,000

Property Highlights

Listing ID F10438981 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 2,976 Sqft/276.48 m2 approx. Year Built 1964 Time of this property from published date until Closing Date 48 Days

2620 NW 18th Ter, Fort Lauderdale, FL 33311

Property Description: BEAUTIFULLY RENOVATED FOUR-UNIT 2BD/1BA FOURPLEX IN THE HEART OF FORT LAUDERDALE! FULLY LEASED WITH LONG TERM DEPENDABLE TENANTS. THIS IS AN INSTANT CASH COW! NEW IMPACT WINDOWS, NEW KITCHENS WITH NEW CABINETS, NEW QUARTZ COUNTERTOPS, CUSTOM BACKSPLASH, NEW STAINLESS STEEL APPLIANCES INCL REFRIGERATOR, ELECTRIC RANGE AND MICROWAVE. NEW WATERPROOF VINYL FLOORS, SEPERATE LAUNDRY ROOM WITH WASHER AND DRYER. GORGEOUSLY REMODELED BATHROOMS WITH NEW TOILETS, NEW TUB, NEW VANITY AND DESIGNER TILE WORK. FRESHLY PAINTED, SEPERATE WATER AND ELECTRIC METERS AND EIGHT TOTAL PARKING SPOTS. THIS IS AN EXCELLENT INVESTMENT OPPORTUNITY PROVIDING IMMEDIATE CASH FLOW AND LONG-TERM RENTAL INCOME GROWTH.

Useful Info

Contingency:Pending Inspections
Original List Price:$975,000
Close Price:$935,000

Lease Details

Rent Includes:
  • Trash Collection
  • Gardener
  • Pest Control

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:4
Architectural
Style:
  • Fourplex
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
  • Stucco
Flooring:
  • Vinyl
Stories:1

Property Features

Waterfront:No
Exterior Features:
  • Fence
Roof:
  • Shingle
  • Composition
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$12,757

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 Homestead Tax

Terms

Documents Available:
  • Other
  • Lease
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Va Loan
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:Middle River Gardens
Community Features:
  • Non-gated
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:
Data exchange original Listing NumberF10438981
Type of AssociationNone

Zoning and Legal

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
Real Estate Folio Number (Parcel Number):494228000360
Zoning Description:R-1
Public Survey Township:4942
Public Survey Section:28

Listing History

Update/EventDate/Days
Published Date:May 10, 2024 9:16 am
On Market Date:May 10, 2024
Listing Contract Date:May 10, 2024
Contingent Date:May 22, 2024
Close Date:June 27, 2024
Last Important Update Description:Closed
Date and Time of Last Important Update:July 1, 2024 8:10 pm
Status Last Changed:July 1, 2024 8:10 pm
Photos Last Modified:May 10, 2024 1:26 pm
Last Modified:July 2, 2024 12:10 am
Days on the Market Reference Date:July 2, 2024
Days on the Market (updated on Last Modified*):12
Cumulative Days on the Market (updated on Last Modified**):12

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos:12
Location:,
Included:,,
Geographical Area:Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Area:3400
Automated Valuation Display:Yes
Courtesy of:Paragon Properties Group LLC
Universal Property Id:US-12011-N-494228000360-R-N

Location

Show Property Address:Yes
Street Name:18th Ter
Street Number:2620
Street Direction Prefix:NW
Street Address:2620 NW 18th Ter
City : Fort Lauderdale
State : Florida
Zip Code : 33311
County : Broward County
Full Address:2620 NW 18th Ter, Fort Lauderdale, FL 33311
Latitude:N26° 9' 33.5''
Longitude:W81° 49' 59.1''

Neighborhood

Postal City:Fort Lauderdale

Property Map