bernardpoirier

305 SW 16th Street, Fort Lauderdale FL 33315

Active

Listing #B26032225

$875000
Bedrooms
full Bathrooms
6750 Square Feet
Residential Income Type

About This Property

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.

Property Features

Location Information

County

Broward County

Section

Area

2530

Subdivision

Croissant Park

Interior Features

Interior

Cooling

Ceiling Fan(s), Central Individual A/C

Bedrooms

Floors

Tile

Full Baths

Appliances

Heating

Other

Exterior Features

Style

Twin Home, Half Duplex, One Story, Twin Homes

Garage Spaces

Construction/Exterior

Concrete Block Construction, Slab Construction

Patio / Deck Description

Exterior

Barbeque, Courtyard

Has a Pool

Possession

Lot Size in Acres

0.15

Water

Public

Sewer

Public Sewer, Public Sanitation, Sewer

Lot Size in Sq. Ft.

6750

Has Waterfront

No

Parking Description

View

Garden

Has Garage

No

Additional Information

Roof/Attic

Comp Shingle Roof, Shingle

Senior Community

No

Other Utilities

Cable Connected, Cable Available, Electricity Available, Sewer Available, Water Available

Property Type

Residential Income

Pets

No, Yes

Property SubType 2

Duplex

Tax Year

2025

Year Built

2004

Tax Amount

$13550

APN

NA

Square Feet Source

NA

Map

Similar Listings

Request More Info

TRADUIRE DANS UNE AUTRE LANGUE