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305 SW 16th Street Fort Lauderdale, FL $ 875,000
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305 SW 16th Street
$ 875,000
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305 SW 16th Street

Fort Lauderdale, FL, 33315
$ 875,000
Baths0.0 Sq 2,530

Monthly Estimate*

$ 5,388

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Studio

Multi-Family Home for sale in Fort Lauderdale, FL

for $875,000. This 2,530 square foot home was built in 2004 on a lot size of 0.15.

Welcome to your high-yield, fully managed investment opportunity in the heart of Croissant Park, just minutes to the vibrant lifestyle of downtown's Las Olas blvd and Fort Lauderdale's world class beaches. 301 & 305 SW 16th St are being sold in tandem delivering a powerhouse portfolio of 2 lots, with a total of 4 units. Each unit features a spacious 3/2 split floor plan with open living & dining area, full kitchen & laundry. Meticulously designed and fully optimized for specialized group housing, currently serving as a high-demand short-term hub for yachting crew members. Whether you are looking to continue the lucrative crew housing model or pivot to a specialized residential facility, the infrastructure is already in place making this a truly turnkey investment operation from day one. What truly sets these units apart are the size of the units providing oversized bedrooms allowing for exceptional comfort and flexibility. The master bedroom in each unit easily accommodates a king-size bed and has its own ensuite bath, while the two additional large bedrooms have spacious closets and offer versatile configurations perfect for either a king bed or two twin beds depending on your needs. There is plenty of room to relax in the open living room / dining room combo which separates the master from the remaining 2 bedrooms. The full sized kitchens and laundry in each unit is a real convenience for its residents. Enclosed by a full privacy fence, this property serves as a secure haven for residents and a high-performance asset for investors. This is a rare "plug-and-play" opportunity, currently under full professional management and perfectly positioned for someone seeking a completely passive income stream. For the more hands-on owner, the flexibility remains to transition to self-management and take the reins directly. The location is unbeatable for the maritime industry, featuring dedicated off-street parking—a premium commodity in this area—and interior configurations that maximize both utility and privacy. With 12 total bedrooms across the two buildings, the scale offers a level of cash-flow potential that is increasingly difficult to find in the 33315 zip code. If you're looking for a turn-key, high-yield investment with a proven niche and management already in place, this is it.

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Multi-Family Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,550

Style

Lot Size

0.15

Year Built

2004

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

B26032225
Features
General
Sewer Public Sewer
Heating Other
Cooling Central Air Ceiling Fan(s)
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Construction Materials Block
Pets Allowed No
Year Built 2004
Tenant Pays None
View Garden
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Accessibility None
County Broward
New Construction false
Property Type Residential Income
Subdivision Name Croissant Park
Status Active
Directions From Davie Blvd go south on SW 4th Ave. Go east on SW 16th St to the property.
High School Stranahan
City Fort Lauderdale
Senior Community Y/N false
Number Of Units Total 2
MLS Area 3500
Elementary School Croissant Park
Tax Annual Amount 13550.83
Middle/Junior High School New River
Property Condition Resale
Virtual Tour https://orders.virtuals1.com/sites/eaowjgvg/unbranded
Standard Status Active
Property Sub Type Additional Duplex
Legal Description LAUDERDALE 2-9 D LOT 34 BLK 58
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Interior
Flooring Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Room In Unit
Total Baths 0
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Exterior
Exterior Amenities Barbecue Courtyard Garden Outdoor Living Area Uncovered Courtyard
Fencing Full Gate Privacy
Lot Features Oversized Lot Sprinklers Automatic < 1/4 Acre
Water Source Public
Total Parking 4
Lot Size Area 6750
Foundation Details Slab
Spa false
Building Area Total 2530
Lot Size Acres 0.15
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
David R Carlton

Listing Agent

Affordability Calculator

$6,517
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$1,129
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4205710 Elementary School
4205471 Middle School
Stranahan High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/23/2026 $875,000 Listed Price

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305 SW 16th Street, Fort Lauderdale, FL, 33315 is a Multi-Family Home for sale at $875,000 with 2,530 sqft and a lot size of 0.15. 305 SW 16th Street is a studio with 0.0 baths and was built in 2004. The property's zip code is 33315 which is in Fort Lauderdale, FL

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