Rare opportunity to acquire a high-density development site along Federal Highway in Dania Beach with two viable 14-story development paths—offering both entitlement certainty and significant upside.
Development Scenarios:
Option 1: 14-Story Luxury Mixed-Use
Subject to Dania Beach City Commission Approval
Signature glass high-rise opportunity
Approx. 200,000–240,000 SF
±125 luxury residential units + ground-floor retail
Estimated NOI: $4.0M–$4.4M
Projected exit value: $72M–$80M
Condo-spec design could exceed $100M sellout
Option 2: 14-Story Residential – Florida Live Local Act (By-Right)
Administrative approval (no city vote required)
±130–140 units (60% market / 40% workforce)
Major property tax exemptions
Estimated annual tax savings: $350K–$450K
Faster approvals and reduced entitlement risk.
Ideal for developers and institutional investors seeking scale, speed to market, and entitlement clarity in a supply-constrained coastal market.
One of the last remaining vertical development sites in the corridor
14-story height doubles land value vs. 7-story entitlement
Strong political alignment or by-right fallback