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Property 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.

Features
Exterior Lighting, Kitchen Facilities, Laundry Facilities
Address Map
FL
Broward County
Fort Lauderdale
33316
505 SE 16th St
W81° 51' 44.6''
N26° 6' 8.3''
MLS Addon
Building & Land, Furniture, Equipment, Furniture/fixtures, Leases
All Cash, Conventional/refinance, Other Lease Terms
1
City Street
Sale
1
Hotel/motel, Hotel
$12,784
2025
Click Here
Well
RO
17
02/03/2026 13:57:29

505 SE 16th St, Fort Lauderdale, Florida 33316

$6,000,000
21,450 size sq.ft.
Listing ID #A11967447
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11967447
Price $6,000,000
Year Built 1960
Days on Market 17
Building Area 6,869 Sqft
Status Active
Property SubType Hotel/motel
Lot Area 21,450 Sqft
List Date 2026-03-22
On Market Date 13/02/2026
Elena Beck
MiamiInvestrealty
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