Duplex in 305 SW 16th Street, Fort Lauderdale, FL 33315 for sale with MLS# B26032225
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.
305 SW 16th Street, Fort Lauderdale, FL 33315
- Price:
- $875,000.00
- Original List Price:
- $875,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $345.84
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- May 23, 2026 4:07 pm
- Other Special Conditions:
- Sold As-is
- Living Area:
- 2,530 Sqft
- Built-Up Area:
- 2,530 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Features:
- Oversized Lot
- Lot Size Acres:
- 0.15
- View from the Property:
- Garden
- Waterfront:
- No
- Exterior:
- Barbecue, Courtyard, Garden
- Laundry:
- Laundry Room, In Unit
- Air Conditioning
- Air Conditioning System:
- Ceiling Fan(s), Central Individual
- Heating
- Heating System:
- Other
- Fence:
- Full, Privacy, Gate
- Road Responsibility:
- Public Maintained Road
- Sprinkler Description:
- Auto Sprinkler
- Year Built:
- 2004
- Roof:
- Shingle
- Number of Units Total:
- 2
- Levels:
- One
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 1
- Structure Type:
- Duplex
- Number of Units in the Community or Building:
- 2
- Stories:
- 1
- Road Frontage Type:
- City Street
- Foundation Details:
- Slab
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $13,550.83
- Tax Year:
- 2025
- Tax Assessed Value:
- $608,440.00
- Property Tax Details:
- No Homestead
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
- Membership Details:
- No Membership Available
- Subdivision Name:
- Croissant Park
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Documents Available:
- Other
- Listing Terms Considered by Seller:
- Cash, Conventional, 1031 Exchange
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- LAUDERDALE 2-9 D LOT 34 BLK 58
- Real Estate Folio Number (Parcel Number):
- 504215013490
- Zoning:
- RM-15
- Elementary School:
- James K-8-hb
- High School:
- Stranahan
- Middle Or Junior School:
- New River
- Active on the market since:
- May 23, 2026
- Listing Agreement executed on:
- May 23, 2026
- Listing Status Last Changed On:
- May 23, 2026 4:07 pm
- Photos updated on:
- May 23, 2026 5:43 pm
- Last Modified:
- September 3, 2026 11:19 pm
- Courtesy of:
- Compass Florida LLC
- Attribution:
- Not provided
- Road Surface Type:
- Asphalt
- Street Name:
- 16th
- Street Number:
- 305
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33315
- County:
- Broward
- Latitude:
- N26° 6' 8.1''
- Longitude:
- W81° 51' 17.4''
- Street Suffix:
- Street
- Street Direction Prefix:
- SW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Broward County
Ver la propiedad 305 SW 16th Street, Fort Lauderdale, FL 33315
