Sold

400-412 SE 21 Street

Fort Lauderdale FL, 33316

$2,380,000


$92.61 per sqft

Sold

25,700 sqft

Commercial

Built in 1968

FULL OFFERING MEMORANDUM AVAILABLE. NOI shown is current, run as CREW housing but can easily be run as annual rental or Airbnb after obtaining a license. Manager willing to stay on to continue the CREW model. CREW housing provides living space for the crew of yachts while they are being serviced. Tenants stay for a short as a few weeks and as long as more than a year. Most are there for months. They rent by the bed, room or apartment. This model maximizes revenue but unlike other short term models, there is less in and out and tenants are professionals who work on multimillion dollar yachts. This is a rare assemblage of four contiguous lots zoned RMM-25 in East Fort Lauderdale. Same owner for 17 years!

R10816473

MLS ID

July 11, 2022

Listed

February 16, 2024

Updated

Map

400-412 SE 21 Street
Fort Lauderdale FL, 33316

Interior Features

Total Stories

1


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Wall/Window Unit(s)


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.59 Acres


Roof

Concrete, Other

Other Property Details

Area Name

3600


Taxes

$31,191


Tax Frequency

Annually


Days on Market

267


Garage

No


View

No


County

Broward County


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

6/14/2023

Price Change

$2,380,000

-7%

6/14/2023

Sold

$2,380,000

Listed by: Coldwell Banker Commercial
Listing Contact: (954) 747-1000 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 4:33 AM UTC, 2/16/2024

 

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