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INVESTMENT HIGHLIGHTS
- Prime Location: Situated in the Dania Beach Regional Activity Center (RAC), east of I-95, and between Griffin Road and Sheridan Street
- Proximity to Key Infrastructure: Close to Fort Lauderdale-Hollywood International Airport making it a strategic location for development.
- Potential Incentives: The Live Local Act could provide tax benefits and density increases for qualifying projects within the RAC, subject to approval.
- Flexible Zoning: Zoned as City Center within the RAC, allowing for diverse uses such as residential, hotel, commercial, offic
- Site Plan Approval: Features a 6-story building with 49,000 square feet, including 105 hotel rooms (levels 2-6) and ground-floor amenities
- Growing Market: Positioned in the expanding Dania Beach area, benefiting from increasing demand for mixed-use developments and hotel accommodations.
EXECUTIVE SUMMARY
Colliers is proud to present 321 N. Federal Highway, a prime 0.78-acre site zoned City Center, located in the Dania Beach Regional Activity Center (RAC). This desirable location is east of I-95, between Griffin Road and Stirling Road, offering excellent accessibility and proximity to Fort Lauderdale-Hollywood International Airport. The RAC designation provides significant development flexibility, accommodating a variety of uses, including residential, hotel, commercial, office, and community facilities.
The current development plan envisions a 6-story, ±49,000-square-foot hotel with a Floor Area Ratio (FAR) of 1.4. The project includes 105 hotel rooms across levels 2-6, while the ground floor features a lobby, gym, offices, and a pantry. Additionally, the site offers a 66-space surface parking lot.
With the recently enacted Live Local Act in Florida, this site may qualify for potential tax incentives and increased density opportunities for eligible projects, subject to meeting specific criteria and obtaining the necessary approvals. This opportunity represents a compelling investment in the rapidly growing Dania Beach market.
Property falls into the City Center Zone. The City Center Zone allows for maximum fifty (50) du/ac. The parcel is 34,005 SF or 0.78 acres allowing for 39 units.
The current development plan envisions a 6-story, ±49,000-square-foot hotel with a Floor Area Ratio (FAR) of 1.4. The project includes 105 hotel rooms across levels 2-6, while the ground floor features a lobby, gym, offices, and a pantry. Additionally, the site offers a 66-space surface parking lot.
With the recently enacted Live Local Act in Florida, this site may qualify for potential tax incentives and increased density opportunities for eligible projects, subject to meeting specific criteria and obtaining the necessary approvals. This opportunity represents a compelling investment in the rapidly growing Dania Beach market.
Property falls into the City Center Zone. The City Center Zone allows for maximum fifty (50) du/ac. The parcel is 34,005 SF or 0.78 acres allowing for 39 units.
DATA ROOM Click Here to Access
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $3,800,000 | Lot Size | 0.78 AC |
| Price Per AC | $4,871,794.87 |
| Price | $3,800,000 |
| Price Per AC | $4,871,794.87 |
| Lot Size | 0.78 AC |
Colliers is proud to present 321 N. Federal Highway, a prime 0.78-acre site zoned City Center, located in the Dania Beach Regional Activity Center (RAC).
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 50-42-34-06-0740 | Improvements Assessment | $2,400 |
| Land Assessment | $2,040,300 | Total Assessment | $2,042,700 |
PROPERTY TAXES
Parcel Number
50-42-34-06-0740
Land Assessment
$2,040,300
Improvements Assessment
$2,400
Total Assessment
$2,042,700
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321 N Federal Hwy
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