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