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Off Market
1/10

1025-1045 NE 18th Ave
Fort Lauderdale, FL 33304


HIGHLIGHTS

  • 9 Luxury Contemporary Condos
  • Amazing Location | Close to restaurants, shops and less than a mile to the beach
  • Private Lobby
  • One car garage + 1 assigned parking space per unit
  • Great opportunity

OVERVIEW

Galleria Lofts is a condo complex of 48 units total in 4 different buildings. This offering includes the 1044 NE 18 Ave. building totaling 9 luxury condos with 8 garages & 9 assigned parking spaces in a gated setting, all residences are currently rented. The building is located North of US1 and only less than 1/2 mile from the Galleria Mall. The surrounding area consists of multimillion-dollar homes, townhomes, condominiums 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 to convert to a seasonal/vacation rentals. Amazing opportunity! Contact Giancarlo Cuffia for detailed information. Current market rates are up about 25% from our numbers!!

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Galleria Lofts

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

105902

STORIES

4

YEAR BUILT

2017

PARKING SPACES

1

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

49-42-35-CD-0100,49-42-35-CD-0110,49-42-35-CD-0120,49-42-35-CD-0130,49-42-35-CD-0140,49-42-35-CD-0150,49-42-35-CD-0160