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Sawgrass Corporate Pky - Sawgrass Hotel Development Site

4.04 Acres of Commercial Land Offered at $13,465,965 CAD in Sunrise, FL 33323

Investment Highlights

  • Great location next to the 869 Sawgrass Expressway with access to I75 & I595.
  • Close to the BB&T Center - Broward County's premier event & convention center.
  • 20 minutes from Fort Lauderdale & Hollywood Beach.
  • Minutes from Sawgrass Mills Mall - South Florida's main tourist shopping destination.
  • 20 minutes from the Fort Lauderdale International Airport & 45 minutes from the Miami International Airport.

Executive Summary

Introducing an Exceptional Investment Opportunity in Sunrise, FL
Nestled less than a mile from the coveted tourist destination of Sawgrass Mills, this remarkable 4.04-acre lot is a prime piece of real estate that invites visionary investors and developers to seize an unparalleled chance in the thriving city of Sunrise, Florida. This land boasts City of Sunrise approval for an upscale lifestyle hotel, making it a distinctive proposition in a region where such opportunities are scarce.
Key Property Details:
- Acreage: 4.04 Acres
- Zoning: B-3 General Business District
- Super Zone Coverage: "Western Sunrise Area" and "Western Sunrise Entertainment District"
- Permitted Uses: Hotel
Unique Investment Opportunity:
This property's zoning, framed by the B-3 General Business District standard, offers unparalleled versatility. The land falls within the Coverage Zone of the super zones "Western Sunrise Area" and "Western Sunrise Entertainment District," providing an array of possibilities for developers. This presents a rare opportunity to create an iconic presence in West Broward County, poised for long-term success.
Hotel Development:
- Minimum of 250 rooms, including spacious suites, each with a minimum size of 350 square feet (32.51 M2)
- Development encourages comprehensive services and amenities for a standout hotel experience
- Unique Lot Coverage Approval: Allows for a footprint of the building and auxiliary constructions up to 24% of the lot (excluding parking spaces). Including parking, it extends to 60% of the lot.
This exclusive approval is tailored specifically to this project, making it an extraordinary investment prospect. Developers can envision a world-class hotel that caters to the ever-growing demand of visitors in this bustling tourist destination.
For a comprehensive insight into this remarkable opportunity, please refer to our brochure, which contains additional details and specifications. Act now to secure your stake in the future of Sunrise, Florida, and take advantage of this extraordinary investment offering.

Property Facts

Price $13,465,965 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Hospitality
  • Hotel
  • Restaurant
Total Lot Size 4.04 AC

1 Lot Available

Lot

Price $13,465,965 CAD
Price Per AC $3,333,160 CAD
Lot Size 4.04 AC

Vacant lot on the corner of Sunrise Boulevard and Sawgrass Expressway.

Description

The available parcel of land is situated within the Sawgrass Corporate Park complex, mere minutes from several of Broward County's renowned attractions. These include the sought-after Sawgrass Mills Mall, the BB&T event and convention center, as well as the American Express Corporate office complex. With convenient highway access, it's just a 20-minute drive to Fort Lauderdale International Airport.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-40-34-03-0058
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,975,059 CAD

zoning

Zoning Code B-3 (General Business)
B-3 (General Business)
  • Listing ID: 27044948

  • Date on Market: 2022-11-04

  • Last Updated:

  • Address: Sawgrass Corporate Pky, Sunrise, FL 33323

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