Listing IDR10816473
Sold For$2,380,000
Acres 0.590
Listing StatusClosed
CountyBroward County
Year Built1968
Property TypeCommercial Sale
Property Sub TypeMulti Family
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!
Listed by: Coldwell Banker Commercial
© 2024 Beaches MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of BMLS. Real estate listings held by IDX Brokerage firms other than By The Sea Realty, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Friday, March 29th, 2024 at 09:25:45 AM.

Contact - Listing ID R10816473

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By The Sea Realty

2400 E. Commercial Blvd. #708
Fort Lauderdale, FL 33308
Phone: 954-351-7007
Fax: 954-351-5005

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