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.
Current real estate data for Commercial in Fort Lauderdale as of Nov 03, 2026
108
Commercial Listed
288
Avg DOM
$2,940,545
Avg List Price
Listing Provided Courtesy of Optimar International Realty at 305-947-0477
Property Details
Price:
$5,600,000
MLS #:
A11967447
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
Fort Lauderdale
Neighborhood:
3800
Listed Date:
Feb 13, 2026
Total Sq Ft:
6,869
Lot Size:
934,362,000 sqft / 0.49 acres (approx)
Year Built:
1960
Schools
Interior
Flooring
Laminate, Marble, Slate
Exterior
Building Features
Exterior Lighting, Fenced Area, Kitchen Facilities, Laundry Facilities
Construction Materials
Block, Other
Parking Features
Common, Free
Roof
Shingle, Other
Security Features
Security Fence, Smoke Detector(s)
Financial
Tax Year
2025
Taxes
$12,784
Map
Contact Us
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Community
- Address505 SE 16th Street Fort Lauderdale FL
- CityFort Lauderdale
- CountyBroward
- Zip Code33316
Property Summary
- 505 SE 16th Street Fort Lauderdale FL is a Commercial for sale in Fort Lauderdale, FL, 33316. It is listed for $5,600,000 To schedule a showing of MLS#a11967447 at 505 SE 16th Street in Fort Lauderdale, FL, contact your Trust House Realty agent at 9543362003.
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