2599 NW 56th Ave - Commercial LAND FOR SALE


Lauderhill, FL 33313 247,421 SF
$3,950,000 USD
786-522-7056
2599 NW 56th Ave, Lauderhill, FL for Sale
$3,950,000 USD
Commercial LAND - FOR SALE
1/4
247,421 SF

2599 NW 56th Ave
Lauderhill, FL 33313


HIGHLIGHTS

  • 5.68 AC of land, a rare infill opportunity in a growing urban corridor
  • Lauderhill, actively encouraging development
  • Submarket has strong monthly rents with occupancy over 89%
  • Lauderhill CRA offering Commercial Redevelopment Incentive Program

OVERVIEW

Marcus & Millichap is proud to present for sale The Circle at Inverrary, a 5.68-acre assemblage offering a rare opportunity for multifamily development in the heart of Lauderhill, a city experiencing significant growth and revitalization. Based on current zoning a developer may be able to build at least 102 units. The property's strategic location and favorable zoning make it ideal for a residential project. Lauderhill is witnessing a wave of new developments, such as the 441 Arthouse project—a 245-unit mixed-use development with approved site plans and city/CRA development agreements. This project highlights the city's commitment to revitalization and its support for developers through incentives and streamlined processes. Lauderhill is centrally located in Broward County, providing easy access to major transportation arteries, including the Florida Turnpike, I-95, I-75, and the Sawgrass Expressway. The city is also in proximity to three international airports and three major seaports, enhancing its appeal for residents and businesses alike.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/ACRE

$695,422/AC

PRICE/SF

$16 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

The Circle at Inverrary

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Apartment Units - Subsdzd

LAND ACRES

5.68 AC

LAND SF

247,421 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Streets, Irrigation

ZONING

RM-18 Residential

APN/PARCEL ID

49-41-26-28-0060

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

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Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.