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305 16th, Fort Lauderdale, FL
Offering:
For Sale
Location:
Fort Lauderdale, FL 33315
Subdivision:
Croissant Park
Status:
Active
$875,000
Deemed reliable but not guaranteed.
Details
Year built:
2004
Lot size:
0.15 acres · 6,750 sq ft
Levels:
One
Stories:
1
Style:
One Story,Twin Home,Duplex
Days on market:
140
Annual tax (2025):
$13,550
Assessed value:
$608,440
Type:
Duplex
MLS ID
B26032225
Virtual tour:
Listed by:
Compass Florida LLC (FLL276611618)
Listing office phone:
561-285-4283
Listing office email:
Listing agent:
David R Carlton (FLL279566348)
Features
Schools
Elementary:
Croissant Park
Middle / junior:
New River
High:
Stranahan
School assignments come from the MLS feed and can change. Verify with the district before relying on them.
Pets
Allowed:
no
Utilities
Available:
Cable Available, Electricity Available, Sewer Available, Water Available
Water source:
Public
Sewer:
Public Sewer
Description
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.
Price history
$875,000 → $875,000
· 1 price changes
Location
305 SW 16th StreetFort Lauderdale, FL 33315
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MLS information
Last updated Oct 10, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
