Date
Details
Price
Change
Source
6/13/2023
Sold
$3,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$3,800,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
This asset is currently licensed as a 13 hotel unit hotel with spacious furnished units and private bathrooms including a large office and 1/1 managers suite. All units are renovated including newer roofs and impact windows. Directly behind the office is a vacant cement lot which has endless potential. The seller had plans to convert this lot into a dog park for an upcharge on rooms or a mini golf course. This Hotel has gorgeous landscaping throughout and a tiki bar for guests to kick back and relax. Turnkey business, easy to run and manage. This is a great short term rental business with a stellar reputation and repeat clientele. The seller will consider owner financing
Full Property Details
Full Property Details for 505 SE 16th St
General
- Sold For: $3,800,000
- Status: Closed
- Type: Commercial
- Source: Regional
- MLS ID: F10358547
- Added to Site: 1, 184 day(s) ago
Additional Information
- Security/Safety: Fenced
Location
- Area: 3600
- County: Broward County
- Building Name: Lauderdale Hotel
- Driving Directions: The Lauderdale Hotel located in Fort Lauderdale between Whole Foods & the BMW Dealership right off US1 Federal Hwy. 8 min to downtown Fort Lauderdale/Las Olas Blvd, 7 min to the Fort Lauderdale International Airport and 9 min to Fort Lauderdale Beach.
- Dist. to Freeway: 1
Heating & Cooling
- Cooling Type: Central Individual A/C
- Heating Type: Central Individual A/C
Utilities
- Sewer: Public Sanitation
- Water: Public Water
Structural Information
- Description/Design: Lauderdale Hotel
- Square Feet: 6,869
- Year Built: 1975
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,450
- Lot Size: .49
- Zoning: RO
Financial Considerations
- Terms: Cash, Conventional/Refinance, Exchange, Owner Financing
Disclosures and Reports
- Property ID: 504215105000
Listed by Level Realty Partners, LLC
Sold by Optimar International Realty
Listing agents
— 505 SE 16th St —
Level Realty Partners, LLC
Level Realty Partners, LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 505 SE 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 | 0.6 mi |
New River Middle School 3100 Riverland Road, Fort Lauderdale, FL 33312 | 6-8 | 3.2 mi |
Stranahan High School 1800 Southwest 5th Place, Fort Lauderdale, FL 33312 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 SE 16th St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Condo
- Active
- Updated 22 hours ago
- 2Beds
- 1Total Bath
- 925Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,780Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,365Sq. Ft.
- Condo
- Active
- Updated 14 hours ago
- 1Bed
- 1Total Bath
- 750Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,762Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
505 SE 16th St, Fort Lauderdale, FL 3316 (MLS# F10358547) is a Commercial property that was sold at $3,800,000 on June 13, 2023. Want to learn more about 505 SE 16th St? Do you have questions about finding other Commercial real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.