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CREW Housing Multifamily Opportunity

400412 SE 21 Street Fort Lauderdale, FL 33316

400412 SE 21 Street, Fort Lauderdale, FL, 33316
$2,550,000
Pending
For Sale
$2,550,000
Pending

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

Days on Market1474

Property Features for 400412 SE 21 Street

General Information

Standard status
Pending
Property subtype
General Commercial

Building Details

Year Built
1968
Listing Agency
Listed by Coldwell Banker Commercial
Source Xome
Added: Jul 8, 2022 Updated: Jul 19 at 1:41 am Checked: Jul 20 at 1:40 am

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

Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Restaurant Dental Office Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center Storage Facility Parking Lot & Garage Building Supply Furniture & Home Goods Law Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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