Premier Brokers International
305 SW 16th Street, Fort Lauderdale, FL 33315
ActiveBeachesMLS
ActiveMLS® B26032225
$875,000

305 SW 16th Street, Fort Lauderdale, FL 33315

Beds
—
Baths
0
Sqft
2,530
Est. payment$6,107/mo
Home type
Duplex
Year built
2004
Lot size
6,534 sqft
Price / sqft
$346
HOA
$0/mo
Community
Croissant Park

Property 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.

Listing activity

Days on market
114
Listed
May 23, 2026
MLS listing updated
Sep 14, 2026
Feed last checked
7 minutes ago

Listed by David R Carlton · Compass Florida LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Tile
Laundry
In Unit, Laundry Room

Heating & cooling

Heating
Other
Cooling
Ceiling Fan(s), Central Individual
Property

Exterior

Stories
1
Building area
2,530 sqft
Exterior features
Courtyard, Barbecue, Garden
Fencing
Full, Gate, Privacy
Pool
No
View
Garden
Waterfront
None
Waterfront property
No
Spa
No

Lot

Lot size
6,534 sqft
Lot size (acres)
0.15 acres
Lot features
Oversized Lot
Zoning
RM-15
Road surface
Asphalt
Road frontage
City Street
Road responsibility
Public Maintained Road
Construction

Type & style

Home type
Duplex
Structure type
Duplex
Year built
2004
New construction
No

Materials

Construction
Block
Roof
Shingle
Foundation
Slab
Property condition
Resale
Levels
One
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA

Community

Subdivision
Croissant Park
MLS area
3500
MLS subarea
FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Pets allowed
No
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Rental information

Tenant pays
None
Location

Area details

City
Fort Lauderdale
County
Broward
ZIP code
33315
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26032225
Possession
Close Of Escrow
Original list price
$875,000
Parcel number
504215013490
Annual property tax
$13,550.83
Tax year
2025
Assessed value
$608,440
Tax legal description
LAUDERDALE 2-9 D LOT 34 BLK 58
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
2530
Construction Materials
Block
County Or Parish
Broward
Days On Market
114
Elementary School
Croissant Park
Foundation Details
Slab
High School
Stranahan
Laundry Features
In Unit, Laundry Room
List Price
875000
Living Area
2530
Lot Size Acres
0.15
Lot Size Area
6750
MLSArea Major
3500
MLSArea Minor
FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Middle Or Junior School
New River
Mls Status
Active
On Market Date
2026-05-23
Postal Code
33315
Property Sub Type
Duplex
Property Type
Residential Income
Road Frontage Type
City Street
Road Surface Type
Asphalt
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-05-23T16:07:11Z
Stories Total
1
Subdivision Name
Croissant Park
Tax Assessed Value
608440
Water Source
Public
Waterfront Features
None
Tax Annual Amount
13550.83
Pool Private
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
May 23, 2026ListedBeachesMLS$875,000$346/sqft

Public tax history

YearProperty taxesAssessment
2025$13,551$608,440

Payment calculator

Estimated monthly payment$6,107/moIllustrative estimate, not a loan offer.
Principal & interest
$4,540
Property taxes
$1,129
Insurance
$438
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

Croissant Park

Fort Lauderdale · Broward County · 33315

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Croissant ParkElementary
—
New RiverMiddle
—
StranahanHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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12 homes

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BeachesMLS

BeachesMLS · Listing courtesy of Compass Florida LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.