301 SW 16th Street, Fort Lauderdale FL 33315 | Broward County | B26032219
- $875,000
- $875,000
Description
Welcome to your high-yield, fully managed investment opportunity in the heart of Croissant Park, just minutes to the vibrant lifestyle of downtown’s Las Olas blvd and Fort Lauderdale’s world class beaches. 301 & 305 SW 16th St are being sold in tandem delivering a powerhouse portfolio of 2 lots, with a total of 4 units. Each unit features a spacious 3/2 split floor plan with open living & dining area, full kitchen & laundry. Meticulously designed and fully optimized for specialized group housing, currently serving as a high-demand short-term hub for yachting crew members. Whether you are looking to continue the lucrative crew housing model or pivot to a specialized residential facility, the infrastructure is already in place making this a truly turnkey investment operation from day one. What truly sets these units apart are the size of the units providing oversized bedrooms allowing for exceptional comfort and flexibility. The master bedroom in each unit easily accommodates a king-size bed and has its own ensuite bath, while the two additional large bedrooms have spacious closets and offer versatile configurations perfect for either a king bed or two twin beds depending on your needs. There is plenty of room to relax in the open living room / dining room combo which separates the master from the remaining 2 bedrooms. The full sized kitchens and laundry in each unit is a real convenience for its residents. Enclosed by a full privacy fence, this property serves as a secure haven for residents and a high-performance asset for investors. This is a rare “plug-and-play” opportunity, currently under full professional management and perfectly positioned for someone seeking a completely passive income stream. For the more hands-on owner, the flexibility remains to transition to self-management and take the reins directly. The location is unbeatable for the maritime industry, featuring dedicated off-street parking—a premium commodity in this area—and interior configurations that maximize both utility and privacy. With 12 total bedrooms across the two buildings, the scale offers a level of cash-flow potential that is increasingly difficult to find in the 33315 zip code. If you’re looking for a turn-key, high-yield investment with a proven niche and management already in place, this is it.
Address
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Address: 16th
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City: Fort Lauderdale
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Zip/Postal Code: 33315
Details
Updated on June 20, 2026 at 5:38 pm-
Property ID B26032219
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Price $875,000
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Property Size 2530 Sq Ft
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Bathroom 0
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Year Built 2004
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Property Status Active, Residential Income
Additional details
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Flooring Tile
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Cooling Ceiling Fan(s), Central Individual A/C
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Area Croissant Park
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Annual Tax 13356
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Association No
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Elementary School Croissant Park
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Private Pool No
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Listing Terms All Cash, Conventional, Exchange
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Waterfront No
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Subdivision Croissant Park
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Total Stories 1
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Restrictions No Restrictions
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Heating Other
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Structure Type Duplex
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Tax Year 2025
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Construction Concrete Block Construction, Slab Construction
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Building Area 2530
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Middle School New River
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View Garden
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Year Built Details Resale
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High School Stranahan
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Pets Allowed No
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Attached Yes
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New Construction No
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Lot Size (Sq Ft) 0
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