305 SW 16th ST, Fort Lauderdale, FL 33315
305 SW 16th ST, Fort Lauderdale, FL 33315
305 SW 16th ST, Fort Lauderdale, FL 33315
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Team At The Comerford Group

Team At The Comerford Group

+1(941) 586-3229
$875,000
Est. payment /mo
2,530 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,530 sqft

Price per Sqft $345

Subdivision Croissant Park

MLS Listing ID B26032225

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 2530

Year Built 2004

Annual Tax Amount $13,550

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Duplex

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.

Location

State FL

County Broward

Area 3500

Zoning RM-15

Interior

Interior Features InteriorFeatures

Heating Other

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Fireplace No

Laundry Laundry Room, In Unit

Exterior

Exterior Feature Barbecue, Courtyard, Garden, Outdoor Living Area, Uncovered Courtyard

Fence Full, Gate, Privacy

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View Garden

Roof Type Shingle

Street Surface Asphalt

Accessibility None

Road Frontage City Street

Total Parking Spaces 4

Private Pool No

Building

Lot Description Oversized Lot, Sprinklers Automatic, < 1/4 Acre

Dwelling Type Duplex

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

New Construction No

Construction Status Resale

Schools

Elementary Schools Croissant Park

Middle Schools New River

High Schools Stranahan

Others

Senior Community No

Restrictions No Restrictions

Tax ID 504215013490

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard, Listed As-Is

Pets Allowed No

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BeachesMLS, Inc. (FLR) IDX
Listed by David R Carlton Compass Florida LLC

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305 SW 16th ST

Team At The Comerford Group
Team At The Comerford Group

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

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