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305 SW 16th Street

Fort Lauderdale, FL 33315
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Bed 6

Bed

Bath 4

Bath

SqFt2,530

Sqft

Acres0.15

Acre(Lot)

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. Wh at 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $875,000

AD Id : 79172120

MLS Id : B26032225

Beds : 6

Lot Size : 0.15 Acre

Living Area Size : 2,530

Year Built : 2004

County : Broward

Subdivision: Croissant Park

  • Map Map

Map

Feature Features

  • Interior Features

    MainLivingAreaEntryLevel
    Roof: Composition, Shingle
  • Heating & Cooling

    Heating: Other Has Cooling: Yes Cooling: CentralAir, CeilingFans

  • Building Information

    Year Built: 2004
    Building Area Total: 2530
    Construction Materials: Block
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: Garden
  • Exterior Features

    Exterior Features: Barbecue, Courtyard

  • Lot Information

    Lot Size Acres: 0.15 Lot Description: LessThanOneAcre,OversizedLot,SprinklersAutomatic,LessThanQuarterAcre

    Property Information

    Subdivision: Croissant Park Source Property Type: ResidentialIncome MLS Area Minor: Ft Ldale SW (3470-3500;3570-3590) Postal Code Plus 4: 1731 Zoning Description: RM-15 Property SubType: Duplex Levels: One Property Age: 22

  • Listing Price Information

    Listing Price: $875000
    Cash, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 504215013490 Tax Year: 2025 Annual Tax: $13550 Tax Legal Desc: LAUDERDALE 2-9 D LOT 34 BLK 58

  • Garage Information

    Pets Allowed: No, NoPetRestrictions

  • School Information

    Elementary School: Croissant Park Junior High School: New River Senior High School: Stranahan
  • Utility Information

    CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable
  • Location Information

    Direction: From Davie Blvd go south on SW 4th Ave. Go east on SW 16th St to the property. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
920 SW 28th St 1-2, Fort Lauderdale, FL, 33315 $759,900 4 4 2,153 2,153 SqFt
1827 SW 21st St, Fort Lauderdale, FL, 33315 $725,000 4 2 1,570 1,570 SqFt
620 SW 10th St, Fort Lauderdale, FL, 33315 $1,350,000 4 2 1,376 1,376 SqFt
847 SW 29th St, Fort Lauderdale, FL, 33315 $1,850,000 8 8 2,447 2,447 SqFt
634 SW 4th Avenue #1-2, Fort Lauderdale, FL, 33315 $1,600,000 4 2 1,658 1,658 SqFt
301 SW 16th Street, Fort Lauderdale, FL, 33315 $875,000 6 4 2,530 2,530 SqFt
2721-2731 SW 13 Avenue, Fort Lauderdale, FL, 33315 $625,000 2 1 1,661 1,661 SqFt
400 SW 12th #1-2, Fort Lauderdale, FL, 33315 $675,000 4 2 1,569 1,569 SqFt
516 SW 15th Street #1-1, Fort Lauderdale, FL, 33315 $725,000 4 3 1,382 1,382 SqFt
804 SW 28th Street #1-2, Fort Lauderdale, FL, 33315 $630,000 4 2 1,632 1,632 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/24/2026 @ 17:27

MLS: B26032225 LISTED BY: David Carlton, Compass Florida LLC 305-851-2820 SOURCE: SEFMIAMI

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