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$875,000 Just Listed
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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.
Full Property Details
Full Property Details for 305 SW 16th St
General
- Price: $875,000
- Taxes: $13,550 (2025)
- Status: Active
- Type: Duplex
- Source: Regional
- MLS ID: B26032225
- Updated: 5/23/2026
- Added to Site: 6 day(s) ago
Interior
- Flooring: Tile
Rooms
Other Rooms
- Laundry: Laundry Room, In Unit
Exterior
- Exterior Features: Barbecue, Courtyard, Garden, Outdoor Living Area, Uncovered Courtyard
Parking
- Total Spaces: 4
Location
- County: Broward
- Subdivision: Croissant Park
- Driving Directions: From Davie Blvd go south on SW 4th Ave. Go east on SW 16th St to the property.
School Information
- Elementary School: Croissant Park
- Middle School: New River
- High School: Stranahan
Community
- Community Name: 3500
- Units Assoc/Comm: 2
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
- # Electric Meters: 2
Structural Information
- Structure Type: Duplex
- Construction: Block
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2530
- Square Feet: 2,530
- Sq. Ft. Source: Public Records
- Living Area: 2,530 Sq. Ft.
- Year Built: 2004
- Property Condition: Resale
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.15
- Frontage: City Street, Asphalt
- Road Maintenance: Public Maintained Road
- Lot Features: Oversized Lot, Sprinklers Automatic, 1/4 Acre
- Zoning: RM-15
- Fencing (Description): Full, Gate, Privacy
Water Features
- Water Front View: None
Financial Considerations
- Assessment Amount: $608,440
- Tax Amount: $13,550.83
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
- Tenant Pays: None
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Documents Avail.: Other
- Legal Description: LAUDERDALE 2-9 D LOT 34 BLK 58
- Property ID: 504215013490
Listed by Compass Florida LLC
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Schools
Schools serving 305 SW 16th St
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Croissant Park Elementary School 1800 Southwest 4th Avenue, Fort Lauderdale, FL 33315 | K-5 | 0.3 mi |
New River Middle School 3100 Riverland Road, Fort Lauderdale, FL 33312 | 6-8 | 2.7 mi |
Stranahan High School 1800 Southwest 5th Place, Fort Lauderdale, FL 33312 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 305 SW 16th St
Date
Details
Price
Change
Source
5/23/2026
Listed
$875,000
348.72%
MLS
8/31/2018
Sold
$195,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 305 SW 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,212
9%
$294,990
—
2024
$5,722
—
$295,000
4%
2024
$5,722
100%
$284,000
17%
2023
-100%
$243,210
11%
2021
$4,642
-7%
$219,920
-8%
2022
$4,999
8%
$238,610
16%
2021
$4,642
26%
$206,260
14%
2019
$3,681
373%
$181,350
192%
2018
$778
-76%
$62,050
-65%
2017
$3,243
5%
$178,310
7%
2016
$3,090
12%
$166,360
32%
2015
$2,765
10%
$126,120
10%
2014
$2,516
6%
$114,660
8%
2013
$2,371
—
$106,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 305 SW 16th St
305 SW 16th Street, Fort Lauderdale, FL 33315 (MLS# B26032225) is a Duplex property with 0 bedrooms and 0 full bathrooms. 305 SW 16th Street is currently listed for $875,000 and was received on May 23, 2026. Want to learn more about 305 SW 16th Street? Do you have questions about finding other Duplex real estate for sale in Croissant Park? You can browse all Croissant Park real estate or contact a Coldwell Banker agent to request more information.

