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6300 Racquet Club Dr - Inverrary Multifamily Development

15.14 Acres of Commercial Land in Fort Lauderdale, FL 33319

Investment Highlights

  • Large-scale 15.14-acre development site centrally located in Broward County
  • High demand central Broward County location for suburban multifamily units with strong rental rates in nearby new construction projects
  • Access to many of the area’s prominent golf courses, points of interest and employment centers
  • The property is nestled among manicured golf courses and scenic waterway offering water frontage and sweeping golf course views
  • Potential to build up to 65 units per acre and 10 stories
  • Influx of new development in the area including Class-A Multifamily projects as well as luxury single family home development

Executive Summary

Colliers International is pleased to offer the opportunity to acquire or enter into a joint venture with current ownership and develop a highly sought-after suburban multifamily site located at 6300 Racquet Club Drive in Lauderhill, FL. The property is comprised of five parcels totaling 15.14 acres and is one of the largest remaining undeveloped parcels in Central Broward County. This site represents a ripe opportunity for the development of a large-scale multifamily project taking advantage of new state housing legislation and a supportive local government to maximize the density and capitalize on the demand for suburban rental units.
Nestled among manicured golf courses and scenic waterways, the property offers water frontage and sweeping golf course views. Future residents will also have convenient access the Inverrary Country Club’s two championship-caliber golf courses, including the famed Signature East Course. In addition, the property offers exception accessibility and proximity to major points of interest and employment centers including Sawgrass, Plantation, Downtown Fort Lauderdale,as well as an abundance of nearby shopping, dining and entertainment destinations including the 2.4 million SF Sawgrass Mills Mall and several of Broward County’s exciting new developments including Metropica, Plantation Walk and Dania Pointe.

Data Room Click Here to Access

Property Facts Under Contract

Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 15.14 AC

1 Lot Available

Lot

Lot Size 15.14 AC

Description

Colliers International is pleased to offer the opportunity to acquire or enter into a joint venture with current ownership and develop a highly sought after suburban multifamily site located at 6300 Racquet Club Drive in Lauderhill, FL. The property is comprised of five parcels totaling 15.14 acres and is one of the largest remaining undeveloped parcels in Central Broward County. This site represents a ripe opportunity for the development of a large-scale multifamily project taking advantage of new state housing legislation and a supportive local government to maximize the density and capitalize on the demand for suburban rental units.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-41-22-06-0020
  • 49-41-22-01-0080
  • 49-41-23-02-0010
  • 49-41-22-01-0075
  • 49-41-23-07-0050
  • 49-41-23-01-0052
Land Assessment
$7,083,120
Improvements Assessment
$2,944,420
Total Assessment
$11,760,340

zoning

Zoning Code CR/RM-18 (Commercial/Residential)
CR/RM-18 (Commercial/Residential)
  • Listing ID: 29644047

  • Date on Market: 9/28/2023

  • Last Updated:

  • Address: 6300 Racquet Club Dr, Fort Lauderdale, FL 33319

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