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.
For sale
$875,000
305 SW 16th Street, Fort Lauderdale, FL 33315
6beds
4baths
2,530sqft
Duplex, Multi Family, Multi Family
Built in 2004
-- sqft lot
$841,400 Zestimate®
$346/sqft
$-- HOA
What's special
Oversized bedroomsFull privacy fenceDedicated off-street parkingFull kitchen and laundry
- 99 days
- 201
- 10
Zillow last checked:
Listing updated:
Listed by:
David R Carlton 954-903-8114,
Compass Florida LLC
Source: BeachesMLS,MLS#: B26032225
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Other
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Laundry: Laundry Room, In Unit
Features
- Flooring: Tile
Interior area
- Total structure area: 2,530
- Total interior livable area: 2,530 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Barbecue, Courtyard, Garden, Outdoor Living Area, Uncovered Courtyard
- Fencing: Full,Gate,Privacy
- Has view: Yes
- View description: Garden
- Waterfront features: None
Lot
- Size: 6,750 Square Feet
- Features: Oversized Lot, Sprinklers Automatic, < 1/4 Acre
Details
- Parcel number: 504215013490
- Zoning: RM-15
- Special conditions: Standard,Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Croissant Park
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $346/sqft
- Tax assessed value: $608,440
- Annual tax amount: $13,550
- Date on market: 5/23/2026
- Cumulative days on market: 99 days
- Listing terms: Cash,Conventional,1031 Exchange
- Tenant pays: None
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$841,400
$799,000 - $883,000
$3,432/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Listed for sale | $875,000+40%$346/sqft |
Source: | ||
| 4/20/2021 | Sold | $625,000$247/sqft |
Source: | ||
| 4/20/2021 | Pending sale | $625,000+48.8%$247/sqft |
Source: | ||
| 8/14/2018 | Sold | $420,000-4.5%$166/sqft |
Source: | ||
| 6/15/2018 | Pending sale | $440,000$174/sqft |
Source: Broward Realty Partners #F10123750 Report a problem | ||
| 5/19/2018 | Listed for sale | $440,000$174/sqft |
Source: Broward Realty Partners #F10123750 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Croissant Park
Nearby schools
Schools provided by the listing agent
- Elementary: Croissant Park
- Middle: New River
- High: Stranahan
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






