Lauderdale Boutique Hotel Investment
505 SE 16th St, Fort Lauderdale, FL 33316
Turn-key, 17-unit boutique hotel near Broward Health.
Type:Commercial
Lot size:
0.49 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 16
- Last Refresh:
- Apr 24 at 3:17 pm
Property Features for 505 SE 16th St
General Information
- Standard status
- Active
- Lot size
- 0.49 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing agent Rosa Poler License #3268052 (954) 235-4046
Listing office Optimar Realty Group LLC (954) 235-4046
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Optimar Realty Group LLC
HighLights
- Turn‑key, fully automated 17‑unit boutique hotel investment with strong financials.
- Prime location: Just 2 minutes from Broward Health and walking distance to Convention Center expansion.
- Tech‑driven operations: Guesty PMS, PricePoint dynamic pricing, and Conduit AI for automated inquiry resolution.
- Significant recent capital improvements: Over $600K in 2023, including smart locks and fiber Wi‑Fi.
- Expansion potential: Lot is 70% undeveloped, ideal for a pool/amenity deck.
- RO zoning allows for 5‑story development on the 21,450 SF lot.
Overview
The Lauderdale Boutique Hotel presents a turn-key investment opportunity with 17 designer units. This fully upgraded boutique hotel is located at SE 16th St, Fort Lauderdale, situated on three contiguous lots totaling 21,450 SF. The property is zoned RO, allowing for 5-story development. The hotel's financials show a revenue of $830K and a NOI of $372K, representing a 44.6% margin under third-party management, or a $461K NOI with a 7.7% cap rate for owner-operated management. The hotel has a stabilized occupancy rate of over 80% and an ADR of $159. Over $600K in capital improvements were completed in 2023, including smart locks, fiber Wi-Fi, and 55" casting TVs. The hotel features tech-driven operations that are fully automated, requiring no front desk or full-time staff. It utilizes Guesty PMS, PricePoint dynamic pricing, and Conduit AI for inquiry resolution. The room mix includes 5 Queen Studios, 4 King Studios, 5 Junior Suites, and 3 Two-Bedroom Suites, catering to medical travelers, business guests, and leisure visitors. The location is 2 minutes from Broward Health (716 beds), within walking distance to a $1.2B Convention Center expansion, and less than 10 minutes from FLL Airport and Port Everglades. It is adjacent to a $3B+ development corridor including Pier Sixty-Six and Bahia Mar. Lot 505 is 70% undeveloped, offering expansion possibilities such as a pool/amenity deck, co-working conversion, or an 8-12 unit vertical addition. The property is offered with all technology, furnishings, and systems in place, making it ideal for portfolio operators, multifamily investors seeking hospitality yields, or local owner-operators. The property has a bike score of 71, walk score of 66, and transit score of 24.
Location Intelligence
Current Use by Public Records
The Lauderdale Boutique Hotel
Hotel & Motel
Easy Living Concierge ...
Vacation Rental
Northrup Insurance
Insurance Agency
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1376074
- Latitude
- 26.1023685
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Turn-key, 17-unit boutique hotel near Broward Health.
Where is this hotel located?
The property is located at 505 SE 16th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Turn‑key, fully automated 17‑unit boutique hotel investment with strong financials.; Prime location: Just 2 minutes from Broward Health and walking distance to Convention Center expansion.; Tech‑driven operations: Guesty PMS, PricePoint dynamic pricing, and Conduit AI for automated inquiry resolution.
