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CREW Housing Multifamily Opportunity
For Sale
$2,550,000
Pending

400412 SE 21 Street, Fort Lauderdale, FL 33316

Four contiguous lots zoned RMM-25, offered with current NOI and flexible operation options.

Property SizeContact for details
Days on Market1526

Property Features for 400412 SE 21 Street

General Information

Standard status Pending
Property subtype General Commercial
Zoning RMM-25

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $31,191

Amenities

3

Building Details

Year Built 1968
Listing Agency:
Listed By: Coldwell Banker Commercial
Source: Xome
Added: Jul 2, 2022 Changed: Aug 8 Last Checked: Jul 24 at 5:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial

Investment Insights

Based on property information with market context.

This offering includes a CREW housing model designed to provide living space for the crew of yachts while they are being serviced. Stays can range from short periods to longer terms, with tenants renting by the bed, room, or apartment. The current NOI is shown in the offering materials, and the manager is willing to stay on to continue the CREW operation. After obtaining the required license, the property can also be run as annual rental or Airbnb.

The package is described as a rare assemblage of four contiguous lots zoned RMM-25 in East Fort Lauderdale. A full offering memorandum is available, and the property has been owned by the same owner for 17 years.

Key Highlights

  • Four contiguous lots zoned RMM‑25 in East Fort Lauderdale
  • Offered with current NOI, with flexible operation options including CREW housing, annual rentals, or Airbnb with licensing
  • CREW housing provides lodging for yacht crew while yachts are being serviced

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Restaurant Dental Office Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 33316, FL

12,669
Population
8,946
Households
1.4
Avg Household Size
50
Median Age
54%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
3,090
Density / Sq Mi
$89,200
Median Household Income
$52,992
Median Earnings
$2,047
Median Rent
$793,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Four contiguous lots zoned RMM-25, offered with current NOI and flexible operation options.
Where is this short term rental property located?
The property is located at 400412 SE 21 Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Four contiguous lots zoned RMM‑25 in East Fort Lauderdale; Offered with current NOI, with flexible operation options including CREW housing, annual rentals, or Airbnb with licensing; CREW housing provides lodging for yacht crew while yachts are being serviced
More about this property
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