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Property Description

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!

Features
: Other
: Central, Ceiling fan, Wall-win a/c
: Tile
: Concrete tile, Mixed
: Electric, Public water, Cable, Gas natural, Separate meter, 1-100 amp
Address Map
US
FL
Broward
Fort Lauderdale
33316
21
400-412
Street
3600
W81° 51' 41.5''
N26° 5' 43.4''
Additional Information
Active
2022
$31,191
No
20140521212001874336000000
Coldwell Banker Commercial

Multifamily (5+ units)

400-412 21 Street, Fort Lauderdale, Florida 33316

13 Bathrooms
$2,550,000
Listing ID #RX-10816473
Basic Details
Listing Type : Multifamily (5+ units)
Listing ID : RX-10816473
Price : $2,550,000
Bathrooms : 13
Year Built : 1968
Agent info
Exclusive Real Estate Group
140 Intracoastal Pointe Drive Suite #101 Jupiter, FL 33477
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