Gallery One Condos
Gallery One Condominiums in Fort Lauderdale are condo hotel units. Located at 2670 East Sunrise Blvd, the building is one block from the Galleria Mall, and a 5 minute walk to Fort Lauderdale Beach. The building is operated by Hilton Hotels and sits on the Fort Lauderdale’s Intracoastal waterway. What is a condo hotel? The term condo hotel and condotel are used as one in the same. Essentially it just means the building operates as both condominium units, as well as a hotel. The hotel will rent your unit out when you are not staying there. Most condo hotels do have limits on the amount of time you as a unit owner can stay in the unit during the year. Each time your unit is rented for a night you share in the revenue of the room along with the hotel. Fort Lauderdale is a premier vacation destination for travelers throughout the world. Vacancy rates in hotels tend to be smaller here versus the country as a whole. This is great news for anyone considering buying a condo hotel unit in Fort Lauderdale.
