MLS# F10302020 | 1044 Ne 18, Fort Lauderdale, Fl. 33304

MLS# F10302020 | 1044 Ne 18, Fort Lauderdale, Fl. 33304

MLS#: F10302020

$5,495,000 Property Type : Residential Income
Details
Address 1044 Ne 18, Fort Lauderdale, Fl. 33304
Price $5,495,000
MLS# F10302020
Property Type Residential Income
Type of Property Fourplex Residential Income
Subdivision Name Galleria Lofts
Content Galleria Lofts is a condo complex of 48 units total in 4 different buildings. This offering includes 1 building at 1044 NE 18 Ave. 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 is 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. Amazing opportunity!
Year Built 2018
Features
Style Fourplex
Waterfront? Yes
Waterfront Description Lagoon Front
Floor Description Carpeted Floors,Tile Floors
Association
Association Fee $78,327
Association Fee Paid Per? Monthly
Listing Courtesy Compass Florida, LLC
Gross Rent Income $391,200
Net Operating Income $175,727
Rent Includes Cable Tv,Pool Maintenance,Sewer,Trash Removal,Water
Total Expenses $215,472

MLS# F10302020 | 1044 Ne 18, Fort Lauderdale, Fl. 33304

Contact Marie LaForte, Realtor® - Galt Ocean Realty, Inc. 954-393-5837

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Listing: MLS: F10302020 Fourplex Galleria Lofts Fourplex Residential Income