1044 NE 18, Fort Lauderdale, FL 33304

$5,295,000
List Price
$5,295,000
MLS#
F10250551
Status
ACTIVE
Type
Multifamily
Building Name
Galleria Lofts
City
Fort Lauderdale
Year Built
2018

Property Description

Galleria Lofts is a condo complex of 48 units total in 4 different buildings. This offering includes the 1044 NE 18 Ave. building with 9 luxury condos, 8 garages & 9 assigned parking spaces in a gated setting, all residences are currently rented. It is located North of US1, 1/2 mile from the Galleria Mall & 1 mile from Ft. Lauderdale beach. The surrounding area consists of multimillion-dollar homes with numerous shopping, dining, & entertainment attractions in close proximity. The unit mix consists of upgraded 2-bedroom+Den (easy convertible to 3-bedroom) with different square footage. This building offers flexibility for a new investor to take over & continue to manage with conventional leases or 3 times a year minimum of 90 days. Great opportunity to own a building with newer homes.

Additional Information

Neighborhood
Galleria Lofts
Subdivision
Galleria Lofts
Taxes
$89,000
Hoa Fee
$62,228
Heating
Central Heat, Electric Heat
Flooring
Carpeted Floors, Tile Floors
Exterior Features
Balconies, Exterior Lights
Waterfront Description
Lagoon Front
Pool Description
Above Ground Pool, Auto Pool Clean
Parking Spaces
17
Water
Municipal Water
Sewer
Municipal Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass Florida, LLC.


All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.