Fort Lauderdale, FL 33315 305 SW 16th Street
$875,000



55 more























































Presented By: Compass Florida LLC
Home Details
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.
Presented By: Compass Florida LLC
Interior Features for 305 SW 16th Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Laundry FeaturesLaundry Room, In Unit
Total Stories1
General for 305 SW 16th Street
AccessibilityNone
CityFort Lauderdale
Construction MaterialsBlock
CoolingCentral Air, Ceiling Fan(s)
CountyBroward
DirectionsFrom Davie Blvd go south on SW 4th Ave. Go east on SW 16th St to the property.
Elementary SchoolCroissant Park
HeatingOther
High SchoolStranahan
Legal DescriptionLAUDERDALE 2-9 D LOT 34 BLK 58
LevelsOne
MLS Area3500
Middle/Junior High SchoolNew River
New ConstructionNo
Number Of Units Total2
Pets AllowedNo
PossessionClose Of Escrow
PostalCityFort Lauderdale
Property ConditionResale
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameCroissant Park
Tax Annual Amount13550.83
Tax Year2025
Tenant PaysNone
UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected
ViewGarden
Virtual TourClick here
Waterfront FeaturesNone
Year Built2004
Exterior for 305 SW 16th Street
Building Area Total2530
Exterior AmenitiesBarbecue, Courtyard, Garden, Outdoor Living Area, Uncovered Courtyard
FencingFull, Gate, Privacy
Foundation DetailsSlab
Lot FeaturesOversized Lot, Sprinklers Automatic, < 1/4 Acre
Lot Size Acres0.15
Lot Size Area6750
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt
SpaNo
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
New River Middle School
High School
Stranahan High School
Elementary School
Croissant Park Elementary School
Gloria Viviana Sanchez Aguirre
Realtor®
SQFT • 2,530