Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2004
Sq.Footage
2,530
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s)
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
No
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Barbecue, Courtyard, Uncovered Courtyard
-
Pool
No
-
Waterfront YN
NO
-
View
Garden
Area & Lot
-
Lot Size(acres)
0.15
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$875,000
-
Tax Amount
$13,356.91
-
Sq. Footage
2, 530
-
Price/SqFt
$345
HOA
-
Association
No
School District
-
Elementary School
Croissant Park
-
Middle School
New River
-
High School
Stranahan
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Broward
Elementary School
Croissant Park
Middle School
New River
High School
Stranahan
Listing Courtesy of David R Carlton , Compass Florida LLC
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
FOUNDER
Hals Blanc
Call Hals today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.