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6300 Racquet Club Dr - Inverrary Multifamily Development
15.14 Acres of Commercial Land in Fort Lauderdale, FL 33319
Investment Highlights
- Large-scale 15.14-acre development site centrally located in Broward County
- High demand central Broward County location for suburban multifamily units with strong rental rates in nearby new construction projects
- Access to many of the area’s prominent golf courses, points of interest and employment centers
- The property is nestled among manicured golf courses and scenic waterway offering water frontage and sweeping golf course views
- Potential to build up to 65 units per acre and 10 stories
- Influx of new development in the area including Class-A Multifamily projects as well as luxury single family home development
Executive Summary
Nestled among manicured golf courses and scenic waterways, the property offers water frontage and sweeping golf course views. Future residents will also have convenient access the Inverrary Country Club’s two championship-caliber golf courses, including the famed Signature East Course. In addition, the property offers exception accessibility and proximity to major points of interest and employment centers including Sawgrass, Plantation, Downtown Fort Lauderdale,as well as an abundance of nearby shopping, dining and entertainment destinations including the 2.4 million SF Sawgrass Mills Mall and several of Broward County’s exciting new developments including Metropica, Plantation Walk and Dania Pointe.
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Property Facts Under Contract
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Redevelopment Project | Proposed Use | |
No. Lots | 1 | Total Lot Size | 15.14 AC |
Property Type | Land |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 15.14 AC |
1 Lot Available
Lot
Lot Size | 15.14 AC |
Lot Size | 15.14 AC |
Description
Colliers International is pleased to offer the opportunity to acquire or enter into a joint venture with current ownership and develop a highly sought after suburban multifamily site located at 6300 Racquet Club Drive in Lauderhill, FL. The property is comprised of five parcels totaling 15.14 acres and is one of the largest remaining undeveloped parcels in Central Broward County. This site represents a ripe opportunity for the development of a large-scale multifamily project taking advantage of new state housing legislation and a supportive local government to maximize the density and capitalize on the demand for suburban rental units.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $4,256,365 CAD | |
Land Assessment | $10,239,146 CAD | Total Assessment | $17,000,395 CAD |
PROPERTY TAXES
zoning
Zoning Code | CR/RM-18 (Commercial/Residential) |
CR/RM-18 (Commercial/Residential) |
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6300 Racquet Club Dr - Inverrary Multifamily Development
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