505 SE 16th St, Fort Lauderdale FL 33316 | Broward County | A11967447
- $6,000,000
- Hotel/Motel
- Sq Ft
- $6,000,000
Description
THE LAUDERDALE BOUTIQUE HOTEL | 17-Unit Turn-Key Investment | $6,000,000. Fully upgraded boutique hotel at SE 16th St, Fort Lauderdale — 17 designer units across three contiguous lots (21,450 SF) with RO zoning allowing 5-story development. FINANCIALS: Revenue $830K, $372K NOI (44.6% margin) third-party managed or $461K NOI (7.7% cap) owner-operated. Stabilized 80%+ occupancy, $159 ADR. $600K+ in capital improvements (2023) including smart locks, fiber Wi-Fi, 55″ casting TVs. TECH-DRIVEN OPERATIONS: Fully automated — no front desk or full-time staff required. Guesty PMS, PricePoint dynamic pricing (+12% RevPAR), Conduit AI (90% inquiry resolution, support costs cut from $4K to $600/mo), SiteMinder distribution. Entire operation manageable remotely. ROOM MIX: 5 Queen Studios, 4 King Studios, 5 Junior Suites, 3 Two-Bedroom Suites — serving medical travelers, business guests, and leisure visitors. LOCATION: 2 min from Broward Health (716 beds), walking distance to $1.2B Convention Center expansion, <10 min to FLL Airport and Port Everglades (4.7M cruise passengers). Adjacent to $3B+ development corridor (Pier Sixty-Six, Bahia Mar). EXPANSION: Lot 505 is 70% undeveloped — pool/amenity deck, co-working conversion, or 8-12 unit vertical addition.Offered with all technology, furnishings, and systems in place. Ideal for portfolio operators, multifamily investors seeking hospitality yields, or local owner-operators.
Property Overview
The property at 505 SE 16th St, Fort Lauderdale FL 33316 is listed for $6,000,000. It was built in 1960. Specific details such as the number of beds, baths, and square footage are not provided in the available data.
The property is located in Broward County, Florida. The MLS number for this listing is A11967447. No additional amenities or features are detailed in the provided information.
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Address
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Address: 16th St
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City: Fort Lauderdale
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State/county: Broward County
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Zip/Postal Code: 33316
Details
Updated on June 27, 2026 at 7:41 am-
Property ID A11967447
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Price $6,000,000
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Land Area 0.492 Sq Ft
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Year Built 1960
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Type Hotel/Motel
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Property Status Active, Commercial Sale
Additional details
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Flooring Marble/Slate Floors
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Annual Tax 12784
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Association No
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Private Pool No
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Listing Terms Other Lease Terms, All Cash, Conventional/Refinance
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Waterfront No
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Total Stories 1
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Parking Additional Spaces Available, Common, Free Parking
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Structure Type Hotel/Motel, Hotel
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Tax Year 2025
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Construction Concrete Block Construction, Other
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Building Area 6869
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Year Built Details Resale
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Inclusions Building & Land,Furniture,Leases, Equipment,Furniture/Fixtures
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Flood Zone AE,X
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New Construction No
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Lot Size (Sq Ft) 21450
Features
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