Avison Young is pleased to present the opportunity to acquire two parcels with in-place ground-leases located in two of Fort Lauderdale’s most desirable residential pockets (collectively, “the Properties”). Both parcels, situated in the prestigious Coral Ridge Country Club and Colee Hammock neighborhoods, are currently encumbered by two-story cooperative-owned condominiums which upon lease expiration in 2059 revert to the lessor along with the underlying land.
This unique structure offers investors a foothold in a high-demand market, with the properties benefiting from their proximity to iconic attractions like Fort Lauderdale Beach and Las Olas Boulevard, as well as economic drivers such as Port Everglades. The opportunity presents a rare hold-to-reversion strategy encompassing substantial land appreciation, income generation, passive management, and future land control in two of South Florida’s most established neighborhoods.