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Furnished 6-Unit Apartment Building
For Sale
$1,490,000

16-505 Se 20th St, Fort Lauderdale, FL 33315

Furnished apartments include kitchens, wood and tile flooring, and on-site laundry.

Property SizeContact for details
Days on Market72

Property Features for 16-505 Se 20th St

General Information

Standard status Active
Total Parking Spaces 10
Occupancy 86%

Units

Unit Mix 2 x 2BR/1BA, 2 x 1BR/1BA, 2 x studio
Multifamily Units 6

Additional Details

Furnished Yes
Gross Income $160,000
Public Transit Yes

Taxes and HOA fees

Annual Taxes $24,266

Amenities

on-site laundry
Listing Agency: Coldwell Banker Realty
Listed By: Attila Ozan Yildiz · License #3276282
Source: Exprealty
Added: Jun 9 Changed: Aug 12 Last Checked: Aug 18 at 10:52AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This six-unit apartment property includes two 2Bed/1 Bath units, two 1Bed/1Bath units, and two studios. Each residence is furnished and includes a kitchen, closet space, and a combination of wood and tile flooring. On-site laundry and 10 parking spots add practical site amenities.

The property is located in Fort Lauderdale with access to Port Everglades, Fort Lauderdale-Hollywood International Airport, major roadways, shopping, dining, public parks, public transportation, and Fort Lauderdale beaches. The units have been operated under Airbnb management and report 86% occupancy.

Key Highlights

  • Six furnished units with a mix of 2 2Bed/1 Bath units, 2 1Bed/1Bath units, and 2 studios
  • 10 parking spots and on‑site laundry
  • Kitchens, closet space, and wood and tile flooring in every unit

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Daycare Center Clothing & Fashion Store Florist Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
86%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,782
Businesses Nearby

Demographics for 33315, FL

13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Furnished apartments include kitchens, wood and tile flooring, and on-site laundry.
Where is this apartment building located?
The property is located at 16-505 Se 20th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Six furnished units with a mix of 2 2Bed/1 Bath units, 2 1Bed/1Bath units, and 2 studios; 10 parking spots and on‑site laundry; Kitchens, closet space, and wood and tile flooring in every unit
More about this property
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