305 SW 16th Street, Fort Lauderdale, FL 33315
Local realty services provided by:Reliant Realty ERA Powered
Listed by: david r carlton
Office: compass florida llc.
MLS#:B26032225
Source:RMLS
Price summary
- Price:$875,000
- Price per sq. ft.:$345.85
About this home
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....
Contact an agent
Home facts
- Year built:2004
- Subdivision & Development:Croissant Park
- Listing ID #:B26032225
- Added:131 day(s) ago
- Updated:October 01, 2026 at 08:44 PM
Rooms and interior
- Flooring:Tile
- Living area:2,530 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2004
- Building area:2,530 sq. ft.
- Construction Materials:Block
- Exterior Features:Barbecue, Courtyard
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Stranahan
- Middle school:New River
- Elementary school:Croissant Park
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$345.85
- Tax amount:$13,551 (2025)
Parking
- Total parking spaces:4
New listings near 305 SW 16th Street
- Coming Soon
$3,499,000Coming Soon2 beds 3 baths1,894 sq. ft.525 N Fort Lauderdale Beach Blvd #1504, Fort Lauderdale, FL 33304
MLS# A12095684Listed by: COMPASS FLORIDA, LLC - Coming Soon
$329,999Coming Soon1 beds 2 baths1,103 sq. ft.2200 NE 33rd Ave #3D, Fort Lauderdale, FL 33305
MLS# A12097558Listed by: COMPASS FLORIDA, LLC - New
$723,669Active1 beds 1 baths745 sq. ft.300 NE 3rd Avenue #1908S, Fort Lauderdale, FL 33301
MLS# B26082854Listed by: DOUGLAS ELLIMAN - New
$2,300,000Active0.95 Acres1872 SW 29th Avenue, Fort Lauderdale, FL 33312
MLS# B26082747Listed by: FIDELITY REAL ESTATE LLC - New
$6,500,000Active5 beds 7 baths5,812 sq. ft.301 San Marco Drive, Fort Lauderdale, FL 33301
MLS# B26082869Listed by: COMPASS FLORIDA, LLC - Open Sat, 12 to 2pmNew
$139,900Active1 beds 1 baths580 sq. ft.2716 NE 30th Place #105C, Fort Lauderdale, FL 33306
MLS# B26082894Listed by: LOKATION - New
$528,000Active2 beds 2 baths1,219 sq. ft.110 N Federal Highway #1214, Fort Lauderdale, FL 33301
MLS# B26082933Listed by: TOWN REAL ESTATE - New
$1,215,000Active3 beds 2 baths1,806 sq. ft.5419 NE 22nd Ave, Fort Lauderdale, FL 33308
MLS# A12098948Listed by: GOLDEN KEYS INC - New
$1,499,000Active3 beds 4 baths1,944 sq. ft.3040 N Ocean Blvd #N103, Fort Lauderdale, FL 33308
MLS# A12098818Listed by: LOKATION - New
$875,000Active3 beds 2 baths1,577 sq. ft.5810 NE 21st Avenue, Fort Lauderdale, FL 33308
MLS# B26082744Listed by: INTERCOASTAL REALTY INC