Call us today at:(954) 320 - 6031

Hotel Development Site

Hotel Development Site – Fort Lauderdale, FL

NW Corner of NW 7th Avenue & NW 3rd Street
Fort Lauderdale, Broward County, Florida

CapasGroup Realty Advisors and Impact Investments (“Seller”) are pleased to present an exciting urban development opportunity on the edge of downtown Fort Lauderdale. The seller is seeking investor and/or joint venture interest in a proposed, limited service hotel development site consisting of 100 rooms. Impact Investments 1, LLC (Seller) controls 0.85 acres of vacant land on the western periphery of downtown Fort Lauderdale, positioned along Avenue of the Arts (NW 7th Avenue), just north of Broward Boulevard.

INVESTMENT DRIVERS

    • Corner Location
    • Walking Distance to Brightline Commuter Rail Station
    • In the Path of Development
    • Ideally-Suited for Limited Service Hotel Development
    • Potential to Acquire Neighboring Properties
    • City-Sponsored Incentives for Construction

OFFERING TERMS

The Seller’s objective is to contract with an experienced and well-capitalized hotel developer to achieve the following objectives:

1. Property Sale: Owner will entertain either of the following transaction structures:

    • “As Is,” non-contingent land sale
    • Contingent land sale subject to reasonably attainable entitlement contingencies (e.g. Site Plan approval).

2. Joint Venture: Joint Venture proposals that afford the Seller an opportunity to remain involved in the project while enhancing the Seller’s yield potential relative to a traditional sale scenario are encouraged.

Download Listing Brochure

Marketing Contact