505 SE 20th Street Unit 16, Fort Lauderdale, FL 33316

Building Details

Year Built

1958

Listing office Coldwell Banker Realty a***@gmail.com Show Phone

Listing date Jun 6, 2025

Source Xome

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Overview

This for-sale 6-unit multifamily complex is configured with two 2-bedroom/1-bath units, two 1-bedroom/1-bath units, and two studio units. Each unit is fully furnished and equipped with a kitchen, along with wood and tile flooring and closet space. The property also includes on-site laundry and 10 parking spots, supporting day-to-day resident convenience.

Located in Fort Lauderdale, the property is described as having easy access to Port Everglades, Fort Lauderdale-Hollywood International Airport, major roadways, shopping, dining, public parks, and public transportation. The public remarks also note proximity to Fort Lauderdale beaches.

Designed to suit an operator seeking a turnkey furnished setup, the unit mix offers flexibility across studio through two-bedroom demand. Recent operation is described as being managed through Airbnb, with all units maintained as furnished apartments. With on-site laundry and parking already in place, this property may appeal to buyers looking for a ready-to-run residential income asset rather than a unit-by-unit value-add. Please refer to the attached documentation for additional operating details.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Law Firm Hair Salon Nail Salon Daycare Center Gym & Fitness Center Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Fort Lauderdale

County

Broward

State

Florida

Longitude

-80.1374561

Latitude

26.0968238

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FAQs

What type of property is this?

Apartment building - Six fully furnished units with on-site laundry and parking provide an income-ready multifamily setup.

Where is this apartment building located?

The property is located at 505 SE 20th Street Unit 16 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: 6‑unit multi‑family complex built in 1958 in Fort Lauderdale; Unit mix: 2 two‑bed/1‑bath, 2 one‑bed/1‑bath, and 2 studios; All units are fully furnished and include kitchens and closet space