3100 S Federal Hwy

This premier property, boasting approximately 2.4 acres (106,235 square feet) of land, presents an unparalleled development opportunity in a highly strategic location. Featuring an existing structure of 8,424 square feet, the site is ideally poised for redevelopment, located in a thriving commercial zone with close proximity to the international airport and cruse port.
Currently the property is occupied by Fox Rent a Car who is paying $54,855.00 per month NNN. They have a 5 year lease (3 years remaining on the initial term) with a 5 year option for another 5 years but there is a landlord only 24 month termination clause. The purchaser can buy the property and collect income until the redevelopment plan is approved by the city.
Key Highlights of the Property:
• Expansive Land Offering: With over 2 acres of land, this property offers vast space for a broad range of development projects, providing the canvas for your vision to take shape, from sprawling commercial complexes to innovative mixed-use developments.
• Strategic Zoning (B-3): Zoned B-3, the property allows for a diverse array of uses, including commercial, retail, and service-oriented businesses. This zoning supports high-density development, making it an ideal site for ambitious projects aiming to cater to a wide audience.
• Hotel Development Potential: The site is approved for the development of hotels, presenting a golden opportunity to tap into the thriving tourism and hospitality market. With permission to build up to 150 feet in height, it allows for the creation of a landmark hotel that could dominate the skyline and serve as a beacon for visitors.
• Existing Facilities: The property includes 5 service bays, offering immediate utility for automotive-related businesses or as a foundation for a service-oriented commercial venture, enhancing the site’s versatility and appeal to a range of industries.
• Prime Location:
o Proximity to International Airport: Located near the International Airport, the site benefits from high traffic and visibility, making it an attractive location for businesses targeting travelers or seeking convenient logistics and connectivity.
o Close to Port Everglades: Its nearness to Port Everglades, one of the nation’s busiest ports, opens up unique opportunities for businesses in logistics, hospitality, retail, and more, aiming to cater to the port's substantial commercial and tourist activity.
o Adjacent to Numerous Vehicle Facilities: Being in the vicinity of numerous car, truck, and leasing facilities adds a competitive edge, especially for ventures in the automotive sector or those seeking synergies with transportation and leasing services.
This property is not just a plot of land but a gateway to limitless possibilities, positioned in a location that offers both visibility and accessibility. Whether the vision is to develop a high-rise hotel that caters to the bustling tourism sector, a commercial complex to serve the surrounding businesses and travelers, or an innovative mixed-use development that blends retail, service, and hospitality elements, this site provides the foundation upon which ambitious projects can be realized.
Investment Opportunity: For investors and developers, this represents a rare chance to acquire and develop in an area with significant growth potential, supported by strategic zoning, robust infrastructure, and a location that captures both the vibrancy of the city and the dynamic flow of international and domestic visitors. Explore the potential to create a landmark development that not only meets the current market demand but also shapes the future landscape of this thriving region.