505 16th St ,Hotel Non-waterfront en Venta & Alquilar

505 16th St en Venta & Alquilar

Precio $6,000,000.00

• Tamaño de lote 21450
• Año de construcción 1960
• Frente al agua
• Zip 33316
• Estilo
• Parking Descripción Additional Spaces Available, Common, Free Parking
• Piscina Yes
• Estado Active

Descripción

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.

CROISSANT PARK 4-28 B LOT 20 BLK 62-L

City Location

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.

City:Fort Lauderdale,Roof:1:Shingle,Zoning:RO,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:26.1023051,List Price:6000000,Listing Id:A11967447,Longitude:-80.137606,Mls Status:Active,Ownership:Corporation,Year Built:1960,Inclusions:Building & Land,Furniture,Leases, Equipment,Furniture/Fixtures,Postal Code:33316,Street Name:16th St,Coordinates:1:26.1023051,Photos Count:92,Business Type:1:Commercial/Residential Income,Days On Market:5,Listing Terms:1:All Cash,2:Conventional/Refinance,Lot Size Acres:0.492,Lot Size Units:Square Feet,M I A M I R E_ Area:3600,On Market Date:2026-02-13,Parcel Number:504215105000,Property Type:Commercial Sale,Stories Total:1,Street Number:505,Public Remarks: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.,Structure Type:1:Hotel,County Or Parish:Broward County,Expiration Date:2027-02-13,List Office Name:Optimar International Realty,Standard Status:Active,Living Area Units:Square Feet,M I A M I R E_ Last Use:Moder Boutique Hotel, fully renovated,Major Change Type:New,Parking Features:1:Common,2:Free Parking,Postal Code Plus4:2511,Property Sub Type:Hotel/Motel,State Or Province:FL,Street Dir Prefix:SE,Tax Annual Amount:12784,Unparsed Address:505 SE 16th St, Fort Lauderdale FL 33316,Building Features:1:Kitchen Facilities,2:Laundry Facilities,Listing Agreement:Exclusive Right To Sell,Security Features:1:Security Fence,Year Built Details:Resale,Building Area Total:6869,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:21450,M I A M I R E_ Flood Zone:AE,X,M I A M I R E_ For Sale Y N:1,M I A M I R E_ Num Floors:1,M I A M I R E_ Num Meters:1,Number Of Buildings:3,Original List Price:6000000,Public Survey Range:50,Documents Available:1:Books & Records,2:Contracts,3:Deed,4:Equipment Inventory,5:Financial Statement,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,M I A M I R E_ Num Toilets:19,Syndication Remarks: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.,Listing Contract Date:2026-02-13,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:24 Hour Notice,Appointment Only,Street Number Numeric:505,Tax Legal Description:CROISSANT PARK 4-28 B LOT 20 BLK 62-L,Electric On Property Y N:1,M I A M I R E_ A C Percentage:100,M I A M I R E_ Current Price:6000000,M I A M I R E_ Milesto Beach:2,Public Survey Township:50,Construction Materials:1:Other,M I A M I R E_ Municipal Code:28,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ County Land Code:RO,M I A M I R E_ Yearof Addition:2023,M I A M I R E_ Internet Remarks:17-unit boutique hotel | $372K-$461K NOI | 7.7% cap | 80%+ occ | RO zoning + expansion potential | Prime Fort Lauderdale location.,M I A M I R E_ Parcel Number M L X:5000,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$26.102368$-80.137607$188.55$13.33$1.00$CAoSF0NJSE0wb2dLRUlDQWdJRC0yb243OWdF,M I A M I R E_ Supplement Count:2,Contract Status Change Date:2026-02-13,Distance To Freeway Numeric:1,Internet Address Display Y N:1,Number Of Units In Community:17,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:10,M I A M I R E_ Acreage Description:1/4+ To 1/2 Acre,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Agent Alternate Phone:954-235-4046,M I A M I R E_ Occupancy Percentage:80,M I A M I R E_ Property Description:Boutique Hotel,M I A M I R E_ Improvement Height C O M:1 Story,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:505 SE 16th St,M I A M I R E_ Multiple Offers Accepted Y N:1,Internet Automated Valuation Display Y N:1,