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505 SE 16th St
Fort Lauderdale, FL 33316 Poinciana Park

$6,000,000 USD

Hotel For Sale  •  6,869 SF

Property Details

  • Property Type Hotel
  • Total Building Size 6,869 SF
  • Lot Size 0.49 AC
  • Building Class B
  • Year Built 1959
  • Cap Rate 6.23 %
  • Zoning RO
41 Transit Score
92 Walk Score

Highlights

100% AI-Operated — Zero full-time staff, fully autonomous with Guesty, PricePoint AI, Conduit AI
6.2% Cap Rate | $740K Revenue | 80.6% Occupancy | $600K+ Capital Improvements (2023)
Expansion Upside — RO zoning allows 5-story, Lot 505 is 70% undeveloped for 8-12 additional keys

Property Flyers

Financial Summary (Actual)

Net Operating Income: $273,000 USD (2025)
Cap Rate: 6.23 %
Total Expenses: $467,000 USD

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Public Transportation

Commuter RailDriveWalkDistance
Fort Lauderdale (Mainline - Brightline) 5 min - 1.9 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 10 min - 4.1 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 12 min - 4.8 mi
Miami International 50 min - 31.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Kevin Poler 305-799-7290 Noel Poler
Kevin Poler 305-799-7290 Noel Poler