$10,800,000 USD
954-902-5262
901-917 S Andrews Ave
Fort Lauderdale, FL 33316
Tarpon River
HIGHLIGHTS
- 0.88 acre land parcel strategically positioned along S Andrews Avenue, a highly visible corridor benefiting from continued urban growth & investment.
- Located near the planned Federal Courthouse development, representing a significant 3.4 acre public investment adjacent to the property.
- Allows an investor to control a scarce urban land parcel while surrounding properties and the broader Downtown Fort Lauderdale market.
- Property offers multiple potential strategies, including long-term land banking, redevelopment, assemblage, rezoning, or future sale to a developer.
- Existing zoning provides for low-density residential, professional/office, and neighborhood-serving commercial uses, subject to applicable.
- Conveniently located near Las Olas Boulevard, Brightline Fort Lauderdale Station, Broward County Courthouse, Broward Health Medical Center.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 38,207 SF Downtown Redevelopment opportunity located at 901–917 S Andrews Avenue in Fort Lauderdale, FL. Offered at $10.8 million, below the property’s prior appraised value, this strategically positioned land asset presents a compelling redevelopment opportunity in downtown Fort Lauderdale. The property is priced at ~$12.27 million per acre, offering a compelling basis in one of South Florida’s most dynamic urban markets.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
FOR SALE DETAILS
PRICE
$10,800,000 USD
PRICE/SF
$283 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Downtown Redevelopment - Fort Lauderdale, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Office/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1958
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,333 SF
ZONING
RAC-RPO
APN/PARCEL ID
50-42-15-01-0711
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954-902-5262
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954-902-5262
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