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+24 photosLuxury home — 2620 NW 18th Terrace · 28-49-42 · Oakland Park
$929,000
2620 NW 18th Terrace, Oakland Park, FL 33311
Oakland Park, FL, 33311
— bd · — ba · 2,976 sqft
Listed by Elite Sales Group
2620 NW 18th Terrace, Oakland Park, FL 33311
Listed by Elite Sales Group
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Estimated monthly payment
$6,744/mo
Income & expenses
4 unitsIncome and operating expenses: Not provided — Ask Simon for the seller's rent roll and operating statement. No return calculation available.
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $6,744/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesTURNKEY 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 7%
The seller has come down from $995,000 to $929,000 — a $66,000 reduction since it came on the market.
178 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $6,744/mo
2620 NW 18th Terrace, Oakland Park, FL 33311 · Oakland Park
Location
2620 NW 18th Terrace, Oakland Park, FL 33311
What buyers ask about this home
What are the estimated monthly carrying costs at 2620 NW 18th Terrace, Oakland Park, FL 33311?+
Property tax (after sale): $1,422/month est.; homeowners insurance: $502/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,924/month est. Principal and interest: $4,820/month; PMI: $0/month. Total for the payment scenario shown: $6,744/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 2620 NW 18th Terrace, Oakland Park, FL 33311?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 2620 NW 18th Terrace, Oakland Park, FL 33311 need flood insurance, and what drives the premium?+
Most of Oakland Park sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 2620 NW 18th Terrace, Oakland Park, FL 33311?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 2620 NW 18th Terrace, Oakland Park, FL 33311?+
This listing has been on the market 178 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Oakland Park, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Rock Island Elementary School
Elementary · 0.8 mi from this home · 2350 Nw 19Th St, Fort Lauderdale
William Dandy Middle School
Middle school · 0.6 mi from this home · 2400 Nw 26Th St, Fort Lauderdale
Boyd H. Anderson High School
High school · 1.7 mi from this home · 3050 Nw 41St St, Lauderdale Lakes
Zone boundaries published by Broward County Public Schools.
Other options for this address
Care And Share Uxbridge Christian Academy
Elementary · Private · Christian · Grades PK–5 · Oakland Park
Somerset Academy Village Charter Middle School
Middle school · Charter · Grades 6–8 · Wilton Manors
Edith Robinson Christian Academy
High school · Private · Christian · Grades 9–12 · Fort Lauderdale
ST. Thomas Aquinas High School
High school · Private · Catholic · Grades 9–12 · Fort Lauderdale
Ameribelge Center For Education
Pre-K & Kindergarten · Private · Grades PK–11 · Fort Lauderdale
Fort Lauderdale Preparatory School
Pre-K & Kindergarten · Private · Grades K–12 · Fort Lauderdale
The International Family Academy
Pre-K & Kindergarten · Private · Grades K–12 · Fort Lauderdale
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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