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505 SE 16th St
Fort Lauderdale FL 33316 US

$6,000,000

Active Listing ID A11967447
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Lot: 0.49 Acres
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Hotel-Motel

$6,000,000

Active Listing ID A11967447
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505 SE 16th St 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.

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Property Features

  • Facts
  • Lot Size: 0.49 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Hotel-Motel
  • Features
  • Floor Covering: Laminate, Marble, Slate
  • Roof Type: Other, Shingle

Property

  • propertytype: Commercial Sale
  • propertysubtype: Hotel-Motel
  • listprice: 6000000
  • unparsedaddress: 505 SE 16th St
  • postalcity: Fort Lauderdale
  • stateorprovince: FL
  • country: US
  • postalcode: 33316
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.492
  • lotsizeunits: Acres
  • lotsizearea: 0.492
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Rosa Poler
  • listagentemail: rosapoler@hotmail.com
  • listagentkey: 3yd-MAORFL-3268052
  • listagentmlsid: 3268052
  • listagentpreferredphone: 9542354046
  • listagentofficephone: 3059470477
  • listofficekey: 3yd-MAORFL-OPTI01
  • listagentstatelicense: 3268052
  • listofficemlsid: OPTI01
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1960
  • listagenturl: http://www.optimarinternational.com
  • countyorparish: Broward
  • parcelnumber: 504215105000
  • constructionmaterials: Block, Other
  • flooring: Laminate, Marble, Slate
  • numberofunitstotal: 17
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Other, Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Optimar Realty Group LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rosapoler@hotmail.com", "ListBrokerageCity":"Sunny ISles Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"hernan@optimarinternational.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Optimar Realty Group LLC", "ListBrokeragePhone":"(305) 947-0477", "ListBrokeragePostalCode":"33160", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"18246 Collins Ave", "ListBrokerageWebsiteUrl":"http://www.optimarinternational.com", "ListOfficeAddress1":"18246 Collins Avenue", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0709056", "ListOfficeCity":"Sunny Isles Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"cristina@optimar.com", "ListOfficePostalCode":"33160", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Hotel Motel - Fort Lauderdale, FL", "ListingURL":"https://listings.listhub.net/pages/MAORFL/A11967447/?channel=rexren", "MLSModificationTimestamp":"2026-02-18T16:01:25Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Hotel Motel", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12784, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/18/2026 10:09:01 PM GMT
Source Updated Date: 2/19/2026 6:51:55 PM GMT

Courtesy of: Rosa Poler, Optimar International Realty, rosapoler@hotmail.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.