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The Lauderdale Boutique Hotel & Suites 505 SE 16th St 17 Room Hotel Fort Lauderdale, FL 33316 $6,000,000 ($352,941/Room) 6.23% Cap Rate
Investment Highlights
- 100% AI-Operated — Zero full-time staff, fully autonomous with Guesty, PricePoint AI, Conduit AI
- Expansion Upside — RO zoning allows 5-story, Lot 505 is 70% undeveloped for 8-12 additional keys
- 6.2% Cap Rate | $740K Revenue | 80.6% Occupancy | $600K+ Capital Improvements (2023)
Executive Summary
THE LAUDERDALE BOUTIQUE HOTEL & SUITES — Fort Lauderdale's First Fully AI-Operated Hotel | $6,000,000 | 6.2% Cap Rate | 17 Keys
This is not a traditional hotel. The Lauderdale is a 100% AI-operated boutique hotel running autonomously with only one part-time property manager. No front desk. No full-time employees. Every aspect — booking, check-in, pricing, guest communication, and channel distribution — is powered by AI and best-in-class automation.
INVESTMENT SUMMARY
Asking Price: $6,000,000 | Price Per Key: $353,000
2025 Revenue: $740,000 | NOI: $273,000 | Cap Rate: 6.2%
2026 Projected Revenue: $835,000 (+12%) | Projected NOI: $374,000 (+37%)
Average Daily Rate: $159 | Stabilized Occupancy: 80.6%
Over $600,000 in capital improvements since June 2023 acquisition
PROPERTY DETAILS
17 Designer Keys across 3 buildings on a 21,450 SF lot (3-lot assemblage)
6,869 SF total building area | Built 1960 | Fully renovated 2023
Room Mix: 5 Queen Studios, 4 King Studios, 5 Junior Suites, 3 Two-Bedroom Suites
Free parking, no resort fees, pet-friendly
PRIME FORT LAUDERDALE LOCATION
2 minutes from Broward Health Medical Center (716 beds)
Walking distance to the $1.2B Fort Lauderdale Convention Center expansion
Under 10 minutes to FLL Airport and Port Everglades (4.7M cruise passengers/year)
Adjacent to $3B+ development corridor
EXPANSION UPSIDE
Zoned RO — Lot 505 (7,150 SF) is 70% undeveloped. Potential for 8-12 additional keys, pool/amenity deck, or co-working space without disrupting operations.
Contact: Rosa Poler | rosapoler@hotmail.com
This is not a traditional hotel. The Lauderdale is a 100% AI-operated boutique hotel running autonomously with only one part-time property manager. No front desk. No full-time employees. Every aspect — booking, check-in, pricing, guest communication, and channel distribution — is powered by AI and best-in-class automation.
INVESTMENT SUMMARY
Asking Price: $6,000,000 | Price Per Key: $353,000
2025 Revenue: $740,000 | NOI: $273,000 | Cap Rate: 6.2%
2026 Projected Revenue: $835,000 (+12%) | Projected NOI: $374,000 (+37%)
Average Daily Rate: $159 | Stabilized Occupancy: 80.6%
Over $600,000 in capital improvements since June 2023 acquisition
PROPERTY DETAILS
17 Designer Keys across 3 buildings on a 21,450 SF lot (3-lot assemblage)
6,869 SF total building area | Built 1960 | Fully renovated 2023
Room Mix: 5 Queen Studios, 4 King Studios, 5 Junior Suites, 3 Two-Bedroom Suites
Free parking, no resort fees, pet-friendly
PRIME FORT LAUDERDALE LOCATION
2 minutes from Broward Health Medical Center (716 beds)
Walking distance to the $1.2B Fort Lauderdale Convention Center expansion
Under 10 minutes to FLL Airport and Port Everglades (4.7M cruise passengers/year)
Adjacent to $3B+ development corridor
EXPANSION UPSIDE
Zoned RO — Lot 505 (7,150 SF) is 70% undeveloped. Potential for 8-12 additional keys, pool/amenity deck, or co-working space without disrupting operations.
Contact: Rosa Poler | rosapoler@hotmail.com
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$740,000
|
$107.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$740,000
|
$107.73
|
| Taxes |
-
|
-
|
| Operating Expenses |
$467,000
|
$67.99
|
| Total Expenses |
$467,000
|
$67.99
|
| Net Operating Income |
$273,000
|
$39.74
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $740,000 |
| Annual Per SF | $107.73 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $740,000 |
| Annual Per SF | $107.73 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $467,000 |
| Annual Per SF | $67.99 |
| Total Expenses | |
|---|---|
| Annual | $467,000 |
| Annual Per SF | $67.99 |
| Net Operating Income | |
|---|---|
| Annual | $273,000 |
| Annual Per SF | $39.74 |
Property Facts
| Price | $6,000,000 | Lot Size | 0.49 AC |
| Price Per Room | $352,941 | Building Size | 6,869 SF |
| Sale Type | Investment | No. Rooms | 17 |
| Cap Rate | 6.23% | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1959/2023 |
| Property Subtype | Hotel | Parking Ratio | 0.88/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Zoning | RO | ||
| Price | $6,000,000 |
| Price Per Room | $352,941 |
| Sale Type | Investment |
| Cap Rate | 6.23% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 6,869 SF |
| No. Rooms | 17 |
| No. Stories | 1 |
| Year Built/Renovated | 1959/2023 |
| Parking Ratio | 0.88/1,000 SF |
| Corridor | Exterior |
| Zoning | RO |
Amenities
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 8 | $356.00 | - |
| Guest Room | 9 | $129.00 | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Total Assessment | $2,697,980 (2026) | |
| Land Assessment | $357,500 (2026) | Annual Taxes | $0 ($0.00/SF) |
| Improvements Assessment | $2,340,480 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$357,500 (2026)
Improvements Assessment
$2,340,480 (2026)
Total Assessment
$2,697,980 (2026)
Annual Taxes
$0 ($0.00/SF)
Tax Year
2025
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Presented by
Noel Poler
The Lauderdale Boutique Hotel & Suites | 505 SE 16th St
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