505 SE 16th St Fort Lauderdale FL 33316 MLS #A11967447
505 SE 16th St
Fort Lauderdale, FL, 33316
$6,000,000
Beds
0 Baths
0 SqFt
0.49 Acres
$6,000,000
505 SE 16th St
Fort Lauderdale, FL, 33316
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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 Details

Price:
$6,000,000
MLS #:
A11967447
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Hotel/Motel
Listed Date:
Feb 13, 2026
Total Sq Ft:
6,869
Lot Size:
21,450 sqft / 0.49 acres (approx)
Year Built:
1960
Apartments,commercial/residential IncomeHotel Non-waterfront

Schools

Interior

Flooring
Marble/Slate Floors

Exterior

Construction Materials
Concrete Block Construction, Other
Parking Features
Additional Spaces Available, Common, Free Parking
Roof
Other, Shingle
Security Features
Smoke Detector(s), Security Fence

Financial

Tax Year
2025
Taxes
$12,784
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Current real estate data for Commercial in Fort Lauderdale as of Mar 21, 2026
128
Commercial Listed
200
Avg DOM
$1,109,322
Avg List Price

Community

Subdivisions in Fort Lauderdale

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Property Summary

    505 SE 16th St Fort Lauderdale FL is a Commercial for sale in Fort Lauderdale, FL, 33316. It is listed for $6,000,000
505 SE 16th St
Fort Lauderdale, FL