305 SW 16th St, Fort Lauderdale, FL 33315
As of , this home is for sale at $875,000 ($346 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- Home
- Year built
- 2004
- Property tax
- $13,551 (2025)
- View
- Garden
- Waterfront
- No
- Pets
- No pets
- Cooling
- Central Air, Ceiling Fans
- Heating
- Other
- MLS number
- B26032225
Listing information
Listing courtesy of Compass Florida LLC, 561-285-4283, brokerfl@compass.com
Listing agent: David R Carlton, David.Carlton@compass.com
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MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.
Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
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.
The text above is the listing description from the MLS, as written by the listing agent.
The Fort Lauderdale market
As of , the median asking price in Fort Lauderdale is $679,498, or $463 per sq ft, across 2,677 listings for sale. The median listing for sale there has been on the market for 92 days.
Price and status history
- Listing date
- Days on market
- 151
- Original list price
- $875,000
- Price changes
- 0
| Date | Event | Price |
|---|---|---|
| Listed | $875,000 |
From the MLS. RealVista does not show sold prices.
