505 SE 16th Street

Fort Lauderdale, FL 33316
Square Ft.
6,869
$5,600,000
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)… Read MoreRead Less
Courtesy of Optimar International Realty 305-947-0477
Listing Snapshot
Days Online
253
Last Updated
Property Type
Hotel/Motel
Square Ft.
6,869
Lot Size
0.49 Acres
Year Built
1960
MLS Number
A11967447
Property Location Map
Additional Details
Floors
Marble, Slate, Laminate
Property Access
Frontage Type: City Street
Building
Built in 1960, 3 buildings, 1 storey, Construction Materials: Block
Lot
0.49 acres
Parking
Common, Free
Property
Resale
Roof
Shingle
Security Features
Security Fence, Smoke Detector(s)
Taxes
Parcel Number: 504215105000, Annual Amount: $12,784, Legal Description: CROISSANT PARK 4-28 B LOT 20 BLK 62-L, Year: 2025, Zoning: RO
Utilities
Water Source: Well
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