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2445 SW 18th Terrace #703, Fort Lauderdale, FL, 33315

2beds
2baths
858sqft
$249,000
$290price/sqft
$2,136/moest. monthly cost
$85,440/yrincome needed

About This Home

Amazing opportunity to own or invest in an income-producing property at Marina Oaks Condo in the heart of Fort Lauderdale! Five units available ranging from 1BR/1BA to 2BR/2BA, all with built-in tenants providing immediate rental income. Purchase one unit, multiple units, or the full portfolio. This updated 2nd-floor unit features spacious rooms, tile flooring, stainless steel appliances, in-unit washer & dryer, and a private balcony, plus open parking. Conveniently located minutes from Fort Lauderdale-Hollywood International Airport, universities, shopping, dining, and South Florida beaches. Community amenities include a pool and a prime location with strong rental demand and long-term upside. This unit is a 2 bedroom, 2 bathroom unit located on the 2nd floor.

Getting Around

36
WalkingCar-Dependent
23
TransitMinimal Transit
48
BikeSomewhat Bikeable

Schools

5/10
New River Middle SchoolGrades 6-81.2 mi
5/10
Stranahan High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1987

Materials

  • Roof: Other
  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Water Heater
  • Laundry features: In Unit,Washer Dryer Install Allowed

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Bedroom on Main Level,Closet Cabinetry,Living/Dining Room
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 858
  • Total interior livable area: 858 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 504221aa1110
  • Zoning: RML-25
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Association
  • Patio & porch: Screened,Balcony
  • Exterior features: Balcony,Lighting,Outdoor Living Area
  • Waterfront features: None

Parking

  • Total spaces: 2
  • Parking features: Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Inland Flooding
Lightning
Heat Wave
Wildfire
Tsunami

FEMA Declared Disasters in Broward County and Florida

Flood
Hurricane
Severe Storm
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,259$15,108
Home Insurance *$237$2,844
Property Taxes $443$5,316
Electricity $197$2,366
Total$2,136$25,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,234/yr
40% on housing$64,080/yr
45% on housing$56,960/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$290This listing

vs Other Active Listings

Avg $/sqft

ZIP 33315$395
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33315$463
Broward County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Listing removed$2,100
2026-07-25Price change$249,000
2026-05-30Listed for sale$260,000
2026-05-21Listed for rent$2,100
2024-10-09Listing removed$1,950
2024-09-30Price change$1,950
2024-09-26Price change$1,900
2024-09-16Listed for rent$1,950
2022-10-28Sold$205,000
2021-01-19Sold$147,500
2015-09-17Sold$139,500
2013-07-09Sold$99,000
2013-03-11Sold$50,800
2007-06-08Sold$279,900

For Sale by Agent

AgentStacy Brown
BrokerageKeller Williams Dedicated Prof

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