Colliers is pleased to offer a unique opportunity to acquire or obtain a ground lease to redevelop a unique site, ideally positioned along the Sawgrass Expressway in Sunrise, Florida. The subject property is a prime 7.1385-acre (310,954 SF) lot, zoned RM-16. The zoning permits various residential developments, including multiple dwellings and townhouses or villas, up to sixteen (16) units per gross acre. The site is also suited for multiple uses, encompassing residential and commercial applications such as parks, healthcare facilities, libraries, government buildings, emergency services, public utilities, and childcare centers. This presents a chance to either engage in a ground lease or joint venture with the current owners and meet the growing demand for residential product in the area, especially multifamily, townhouses, and homes. Additionally, this property may qualify for upzoning under the Live Local Act, which provides tax incentives and other benefits such as increased density.
Virgilio Fernandez
Colliers
