# 505 SE 16th St, Fort Lauderdale, FL 33316

> **TL;DR:** commercial, $6,000,000, built 1960. Est. $26,000/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $6,000,000 |
| Year Built | 1960 |
| Lot Size | 21,432 sqft (0.49 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $26,000 |
| **Total** | **$26,000** |

## Property Highlights

- Built in 1960
- 0.49 acre lot

## Description

### Agent 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.

## Location

- **Address:** 505 SE 16th St, Fort Lauderdale, FL 33316
- **County:** Broward

## Listing Agent

- **Name:** Rosa Poler
- **Brokerage:** Optimar International Realty
- **Phone:** 9542354046
- **Email:** rosapoler@hotmail.com

## Primary Photo

![505 SE 16th St - Primary Photo](http://lh.rdcpix.com/e612cbd222ccce9182ea3950a245e7fel-f2953104617r.jpg)

*93 total photos available on [listing page](https://www.propertysimple.com/listing/505-se-16th-st-fort-lauderdale-fl-33316-11967447)*

---

**MLS#:** A11967447 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/505-se-16th-st-fort-lauderdale-fl-33316-11967447)

---

## Structured Data

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  "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 OPERATI",
  "url": "https://www.propertysimple.com/listing/505-se-16th-st-fort-lauderdale-fl-33316-11967447",
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