400-412 SE 21 Street

Rare assemblage of four contiguous lots zoned RM-25 in East Fort Lauderdale. The same owner for more than 17 years has been running these properties as crew housing for the yachting industry. Their unique model and excellent management produce consistent above average yields. A buyer can continue to enjoy cash flow while watching the land appreciate and likely selling to a developer in the future. Alternatively, a buyer may wish to run the property as short term or annual rentals.Located just two blocks north and one block west of Marina Mile in east Fort Lauderdale, these properties are perfect for crew housing. Additionally, their RM-25 zoning designation provides for major upside via development when desirable.Deborah Cook of Neptune Realty Group LLC will assist with showings.