305 SW 16th StreetFort Lauderdale, FL 33315MLS Number B26032225

  • Price: $875,000
  • Est. Mortgage of $/month
  • 2 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315305 SW 16th Street Fort Lauderdale FL 33315
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  • 0.15Acreage
  • 2004Year Built
  • 2,530Square Feet
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.
Listing by Compass Florida LLC

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Ocean Estate Properties
Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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Tax Information

  • Tax Year 2025
  • Taxes$13,550

Location

  • Address305 SW 16th Street
  • Area3500
  • Building Number305
  • CountyBroward
  • StateFL
  • StreetSW 16th Street
  • SubdivisionCroissant Park
  • TownFort Lauderdale
  • Zip33315

Property Information

  • Acreage0.15
  • Lot Features Oversized Lot, Sprinklers Automatic, < 1/4 Acre
  • Property Condition Resale
  • Property Sub Type Additional Duplex
  • Property View DescriptionGarden
  • Square Feet2,530
  • View YN Yes

School Information

  • Elementary SchoolCroissant Park
  • High SchoolStranahan
  • Junior HighNew River

Building

  • Building ConstructionBlock
  • FoundationSlab
  • Stories1
  • Structure Type Duplex
  • Units2
  • Year Built2004

Interior

  • Flooring Tile

Exterior

  • Exterior Features Barbecue, Courtyard, Garden, Outdoor Living Area, Uncovered Courtyard
  • Fencing Full, Gate, Privacy
  • RoofShingle

Amenities

  • Cooling Central Air, Ceiling Fan(s)
  • Cooling YN Yes
  • Other AmenitiesGarden
  • PetsNo

Other

  • Date Listed05/23/2026
  • Documents Available Other
  • Possession Close Of Escrow
  • Special Listing Conditions Standard, Listed As-Is

Parking

  • Parking Total 4

Rooms

  • Laundry Features Laundry Room, In Unit

Basic Information

  • List Price$875,000
  • MLS NumberB26032225
  • Modification Date05/24/2026
  • Property SubTypeDuplex
  • Property TypeResidential Income
  • StatusACT
  • Virtual TourView Tour

Utilities

  • Heat SystemOther
  • Heating YN Yes
  • Utilities Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Waste Water DisposalPublic Sewer

Water Body

  • Water AccessPublic

Based on information submitted to BeachesMLS as of May 24, 2026 3:17 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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