Issue 1 · Property Edition
A private editorial tour of 505 SE 16th Street, Fort Lauderdale, FL 33316.
Simon Gedz
S.G. Trust Team · Realtor since 1995
Issue 1 · Property Edition
A private editorial tour of 505 SE 16th Street, Fort Lauderdale, FL 33316.
Simon Gedz
S.G. Trust Team · Realtor since 1995
An interactive magazine: zoom the maps, tap a pin for details, and tap "See more" for things to do.
The residence
Listed by Optimar International Realty
6,869 sq ft
THE LAUDERDALE BOUTIQUE HOTEL | 17-Unit Turn-Key Investment | $6,000,000. Fully upgraded boutique hotel at SE 16th St, Fort Lauderdale — 17 designer units across three contiguous lots (21,450 SF) with RO zoning allowing 5-story development. FINANCIALS: Revenue $830K, $372K NOI (44.6% margin) third-party managed or $461K NOI (7.7% cap) owner-operated. Stabilized 80%+ occupancy, $159 ADR. $600K+ in capital improvements (2023) including smart locks, fiber Wi-Fi, 55" casting TVs.
The interiors
THE LAUDERDALE BOUTIQUE HOTEL | 17-Unit Turn-Key Investment | $6,000,000. Fully upgraded boutique hotel at SE 16th St, Fort Lauderdale — 17 designer units across three contiguous lots (21,450 SF) with RO zoning allowing 5-story development. FINANCIALS: Revenue $830K, $372K NOI (44.6% margin) third-party managed or $461K NOI (7.7% cap) owner-operated. Stabilized 80%+ occupancy, $159 ADR. $600K+ in capital improvements (2023) including smart locks, fiber Wi-Fi, 55" casting TVs. TECH-DRIVEN OPERATIONS: Fully automated — no front desk or full-time staff required.
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Built in 1960
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Parking: verify listing details
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Pool: verify listing details
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Lot size: 0.492
A closer look
Views of the living room — drawn from the property's current listing gallery. Photography and availability remain subject to the current listing.
A closer look
Views of the living room and the primary bedroom — drawn from the property's current listing gallery. Photography and availability remain subject to the current listing.
Life beyond the front door
Rio Vista sits just south of downtown — tree-lined streets with Las Olas dining minutes from the front door.
Fine dining: Mastro's Ocean Club
Steak and seafood on the Intracoastal
Fine dining: Eddie V's Prime Seafood
Live jazz in the V Lounge
Cocktails & nightlife: Rooftop @1WLO
Skyline cocktails above Las Olas
Cocktails & nightlife: The Wilder
Speakeasy-style craft cocktails
Getting around
What's nearby in Fort Lauderdale
91 places to eat, see and do sit within reach of ZIP 33316.
19 dining · 14 bars & nightlife · 13 kids & family · 12 arts & culture · 11 sports & events
Dining: Las Olas Boulevard restaurant row · Casa D'Angelo Ristorante
Bars & Nightlife: Himmarshee Village · The Wharf Fort Lauderdale
Kids & Family: Xtreme Action Park · Sky Zone Trampoline Park (Fort Lauderdale)
Weekend favorites: Museum of Discovery and Science, Broward Center for the Performing Arts, Las Olas Art Fair & seasonal street shows.
Rio Vista
Venice of America — 165+ miles of navigable waterways, Las Olas dining, and easy I-95 / Brightline access.
Approximate drive times are estimated from straight-line distance, not a routed or live-traffic journey. Actual driving distance and timing vary with traffic, bridges and routing.
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Downtown Fort Lauderdale / Las Olas
1.3 mi straight-line · approximately 3 min drive
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Brightline Fort Lauderdale Station
1.4 mi straight-line · approximately 3 min drive
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Fort Lauderdale–Hollywood Intl (FLL)
2.2 mi straight-line · approximately 4 min drive
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Fort Lauderdale Beach
2.5 mi straight-line · approximately 5 min drive
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Downtown Hollywood / Young Circle
6.2 mi straight-line · approximately 12 min drive
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Downtown Pompano Beach
9.0 mi straight-line · approximately 17 min drive
Education
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Age-based school levels are approximate. Confirm grade placement and attendance boundaries with the district. Nearby options are not assigned schools. Faith labels are based on school names; confirm affiliation, grades and admissions directly with the school. Sign in and add your children to see each child matched to their own school.
A day in the life
Mornings at 505 SE 16th Street, Fort Lauderdale, FL 33316 begin with the home itself — 6,869 sq ft, built 1960, THE LAUDERDALE BOUTIQUE HOTEL | 17-Unit Turn-Key Investment | $6,000,000. Fully upgraded boutique hotel at SE 16th St, Fort Lauderdale — 17 designer units across three contiguous lots (21,450 SF) with RO zoning allowing 5-story development..
During the week, life close by includes Mastro's Ocean Club, Eddie V's Prime Seafood, Rooftop @1WLO.
Weekends open up: Museum of Discovery and Science (attractions), Broward Center for the Performing Arts (arts & culture), Las Olas Art Fair & seasonal street shows (arts & culture), with shopping at The Galleria at Fort Lauderdale and Las Olas Boulevard Shopping District.
Evenings can mean dinner at Las Olas Boulevard restaurant row or Casa D'Angelo Ristorante, or an exhibit at NSU Art Museum Fort Lauderdale and Broward Center for the Performing Arts.
For fresh air, Fort Lauderdale Beach & the A1A promenade and Hugh Taylor Birch State Park sit within easy reach.
Simon Gedz, guiding South Florida buyers since 1995, would be glad to show you what a day here feels like in person.
Explore this issue · This magazine is interactive: zoom the maps in and out, tap a pin for its name and walking time, and use "See more" to open every activity near this home's ZIP code.
Plan beyond the price
True monthly cost
25% down · 30 years · 6.85%
Planning estimate, not a lender or insurance quote. Taxes are modeled after sale. Roof age, wind mitigation, flood zone, reserves and assessments can materially change the total.
01
Confirm taxes after sale with the county
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Bind insurance during the inspection period
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Review association reserves and assessments
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Use lender and insurance quotes before relying on any estimate
Pet-friendly, actually checked
Finding nearby dog parks…
Your path to owning it · Part 1
Simon Gedz has guided South Florida buyers since 1995. Here's how he'll walk you from the first showing to an accepted offer — call him at any step for advice.
01
Get pre-approved
Simon connects you with a trusted lender so your offer is taken seriously.
02
Tour the home
See it with Simon — he points out what photos never show.
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Ask Simon for a CMA
A comparative market analysis of recent sales tells you what it's really worth.
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Plan your offer
Simon recommends price, terms and contingencies based on the CMA.
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Negotiate
Counteroffers handled by Simon until terms are agreed and signed.
06
Hire a real estate attorney
Simon recommends one to review the contract and protect you through closing.
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Escrow deposit
Wired to the title company or attorney, usually within 3 days.
08
Order title & survey
Title search for liens; a survey confirms lot lines and improvements.
Your path to owning it · Part 2
Simon coordinates the inspectors, lender, attorney and title company, and tells you exactly what comes next at each stage.
09
Home inspection
Licensed inspector checks roof, AC, plumbing, electrical and structure.
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Insurance inspections
4-point and wind-mitigation reports to lower premiums.
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Repairs or credits
Simon negotiates fixes or a credit from the inspection findings.
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Insurance quotes
Bind home, wind and flood coverage early — Simon shares local agents.
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Appraisal
Your lender confirms the value supports the price.
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Clear to close
Loan underwriting is finished; closing date and figures confirmed.
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Final walkthrough
Walk it with Simon to confirm condition and agreed repairs.
16
Closing day
Sign, fund, record the deed — and get the keys.
For a private showing or a property-specific strategy conversation about 505 SE 16th Street, Fort Lauderdale, FL 33316, contact Simon Gedz at 954.562.1798.
Listing facts, availability, schools, boating information and ownership estimates can change and should be independently verified.
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School pages matched to your children
Each child gets their own school matches — level, type, faith and real distance — instead of a generic nearby list.
Faith pages with real walking routes
Your faith's places, with the actual walking distance drawn on the magazine map — not a straight-line radius.
Boating guidance sized to your boat
Dock fit, water depth, bridges and the run to the ocean, checked against the boat you saved.
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Log in or create your free account — then this edition's school, faith and boating pages rewrite themselves for your family.
Simon Gedz · S.G. Trust Team · Realtor since 1995
Listed by Optimar International Realty
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Simon Gedz | S.G. Trust Team