Property 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.

Features
Security
Parking Features
Roof:
Shingle, Other
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33316
Street:
505 Se 16th St, Fort Lauderdale, Florida 33316
Longitude:
W81° 51' 43.8''
Latitude:
N26° 6' 7.8''
MLS Addon
Building Area:
6,869 Sqft
Construction Materials:
Block, Other
Cumulative DOM:
17
DOM:
17
Electric
Flooring:
Laminate, Marble, Slate
Internet Address Display:
1
Internet Listing Display:
1
Lease Term:
Other
Listing Terms:
Cash, Conventional
Parcel Number:
504215105000
Structure Type:
Apartment
Tax Annual Amount:
$12,784
Tax Year:
2025
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Commercial Sale For Sale

505 Se 16th St, Fort Lauderdale, Florida 33316, Fort Lauderdale, Florida 33316

21,450 Sqft
$6,000,000
MLS # #A11967447
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$6,000,000
Year Built :
1960
Lot Area :
21,450 Sqft
MLS # :
A11967447
Property Sub Type :
Hotel/motel
Agent info
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