505 SE 16th St, Fort Lauderdale, FL 33316

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Hotel/Motel

$6,000,000 Built: 1960

N/A N/A N/A

Type of PropertyHotel/Motel

Style of PropertyApartments,Commercial/Residential Income

Property Ft²6,869

Living Ft²

Price per Ft²N/A

PetsN/A

WaterfrontN/A

PoolN/A

FurnitureN/A

Property description of Hotel/Motel

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

Exterior Features

No information about Exterior Features.

Interior Features

No information about Interior Features.

Amenities

No information about Amenities.

Equipment/Appliances

No information about Equipment/Appliances.

Property Features

Name

MLSA11967447

ForeclosureN/A

Short SaleN/A

ParkingAdditional Spaces Available, Common, Free Parking

Parking Restrictions

Parking Spaces

Lot Ft²21,450

Approx. Lot Size

Boat DockBuilding & Land,Furniture,Leases, Equipment,Furniture/Fixtures, Hotel Non-Waterfront

Last Update25 days

Pet Restrictions

Floor Number

Cooling Description

Heating Description

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ConstructionConcrete Block Construction, Other

Flooring TypeMarble/Slate Floors

Maintenance Fees

Taxes$12,784

Property contact form

Gladys Martinez PA305-321-7889gmrealtor7@gmail.com

City

Fort Lauderdale

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Other properties in Fort Lauderdale

Hotel/Motel

$12,000,000

3020 Seville St

Fort Lauderdale, FL 33304

Hotel/Motel

Built: 1959

MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of Optimar International Realty. Office (cristina@optimar.com, 305-947-0477). Agent (rosapoler@hotmail.com, 954-235-4046).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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Harbordale Elementary School	900 SE 15TH ST	public	487	PK - 5	0.26 mi
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Walker Elementary School	1001 NW 4TH ST	public	539	PK - 5	2.01 mi
North Fork Elementary School	101 NW 15TH AVE	public	358	PK - 5	2.13 mi
S.o.u.l. Academy	615 NW 14TH WAY	private	97	PK - 12	2.42 mi
The International Family Academy	615 NW 14TH WAY	private	68	PK - 12	2.42 mi
Sunrise High School	424 W SUNRISE BLVD	public	430	9 - 12	2.44 mi
Riverland Elementary School	2600 SW 11TH CT	public	490	PK - 5	2.44 mi
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Suned High Of South Broward	2744 DAVIE BLVD	public	261	9 - 12	2.59 mi
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Bayview Elementary School	1175 MIDDLE RIVER DR	public	552	KG - 5	2.98 mi
Sunrise Middle School	1750 NE 14TH ST	public	1242	6 - 8	2.99 mi