505 SE 16th St, Fort Lauderdale FL 33316
Fort Lauderdale, Broward County
Hotel/Motel in Fort Lauderdale
$6,000,000
n/a
n/a
n/a
Hotel/Motel, Commercial Sale
Details
Overview
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.
This hotel/motel home located at 505 SE 16th St, Fort Lauderdale FL 33316 is currently for sale and has been available on Brickellsold for 17 days. This property is listed at $6M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1960. 505 SE 16th St, Fort Lauderdale FL 33316 is in Fort Lauderdale county Broward County.
Interior
- Flooring: Marble/Slate Floors
- Common walls with other units/homes:
Property
- Parking Features: Additional Spaces Available,Common,Free Parking
- Entry location:
- Exterior Features:
- View Description:
Construction
- Year Built: 1960
Community & HOA
- Security Features: Smoke Detector(s), Security Fence
- Amenities:
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- HARBORDALE ELEMENTARY SCHOOLA • 0.0 mi • K-12
- CHARTER SCHOOL OF EXCELLENCEB • 0.0 mi • K-12
- CROISSANT PARK ELEMENTARY SCHOOLB • 0.0 mi • K-12
- SEAGULL SCHOOL • 0.0 mi • K-12
- WHIDDON RODGERS EDUCATION CENTER • 0.0 mi • K-12
- AMIKIDS OF GREATER FORT LAUDERDALE • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.







