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‹›505 SE 16th Street
505 SE 16th Street, Fort Lauderdale, FL 33316
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505 SE 16th Street 505 SE 16th Street, Fort Lauderdale, FL 33316 For Sale
$5,600,000
505 SE 16th Street · West Fort Lauderdale · Fort Lauderdale
505 SE 16th Street, 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316, photo 1 of 93505 SE 16th Street, 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316, photo 2 of 93505 SE 16th Street, 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316, photo 3 of 93505 SE 16th Street, 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316, photo 4 of 93505 SE 16th Street, 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316, photo 5 of 93505 SE 16th Street, 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316, photo 6 of 93505 SE 16th Street, 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316, photo 7 of 93505 SE 16th Street, 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316, photo 8 of 93505 SE 16th Street, 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316, photo 9 of 93505 SE 16th Street, 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316, 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$5,600,000Asking Price
—Per SqFt
—/—Beds/BathsBd/Ba
—SqFt
MLS A11967447 · 217 days on Zilbert · Listed Feb 13, 2026 · 505 SE 16th Street, West Fort Lauderdale, Fort Lauderdale FL 33316Current layoutPhotos first

Property Details

Asking Price$5,600,000
Price per SqFt—
Maintenance feeInquire
Property Taxes$12,784 2025
Interior Space—
Beds/Baths—/—
Year Built1960
MLS #A11967447

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly figures, as provided
Not providedmaintenance
$1,065taxes · $12,784/yr ÷ 12

Monthly carry is not computed when the association fee or the taxes are not provided.

From the listing

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.

Listed by Optimar International Realty

Sales History for This Home · 505 SE 16th Street, Fort Lauderdale, FL 33316

Sale ⇅Sold Price ⇅Asking Price ⇅Beds/Baths ⇅SqFt ⇅Closed Date ⇅
F10358547$3,800,000$4,500,000—/——6/13/23
F10031863$250,000$300,000—/—1,38310/17/16
Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · ONE Sotheby's International Realty · I track every sale in this neighborhood. Ask me about this home or the neighborhood.
+1 (786) 280-0201
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Listed by Optimar International Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Fort Lauderdale and throughout South Florida.

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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.