Fort Lauderdale, FL 33316,400-412 SE 21 ST
Fort Lauderdale, FL 33316,400-412 SE 21 ST
Fort Lauderdale, FL 33316,400-412 SE 21 ST
Listed by Coldwell Banker Commercial
Bought with Luxury Partners Realty
$2,380,000
Est. payment /mo
Est.Price: ?

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13 Baths
0.59 Acres Lot
SOLD DATE : 06/13/2023

Key Details

Sold Price $2,380,000

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Sold

Purchase Type For Sale

MLS Listing ID RX-10816473

Year Built 1968

Annual Tax Amount $31,190

Tax Year 2022

Lot Size 0.590 Acres

Property Sub-Type MultiFamily (5+ Units)

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!

Location

State FL

County Broward

Area 3600

Zoning RMM-25

Interior

Heating Other

Cooling Ceiling Fan, Central, Wall-Win A/C

Flooring Tile

Fireplaces Type Smoke Detector

Exterior

Utilities Available 1-100 Amp, Cable, Electric, Gas Natural, Public Water, Separate Meter

Roof Type Concrete Tile,Mixed

Building

Story 100.00

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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agent

Luxury Partners Realty

+1(561) 819-5600

Broker | License ID: BK613860

Broker License ID: BK613860

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