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3900 NW 37th St - Urban In-Fill Redevelopment Land 2.73 Acres of Commercial Land Offered at $2,850,000 in Lauderdale Lakes, FL 33309

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Investment Highlights

AADT 55500 Daily
Last Appraisal: $5.3M (September 2022)
560± ft frontage on NW 37th Street - Minutes to I-95 & Florida Turnpike

Retail/Commercial Center (capitalize on B-2 flexible zoning)
Workforce Housing / Live Local
Ideal for MF, medical, mixed-use, ALF, or retail

Executive Summary

Flexible B-2 zoning + strong fundamentals make this a true multi-exit investment. Build MF, medical, or mixed-use in a supply-constrained market. Ideal for developers seeking scale and visibility. Reach out for full due diligence and pricing guidance.

Survey - 3900 NW 37 Street Promenade Villas site SR7

B2 Zoning-1

Property Facts

Price	$2,850,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Auto Dealership Carwash Daycare Center Fast Food General Freestanding Healthcare Medical Neighborhood Center Rehabilitation Center Supermarket Veterinarian or Kennel
Sale Conditions	Build to Suit Redevelopment Project	Total Lot Size	2.73 AC
No. Lots	1	No. Stories	1
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-2 - B-2 Zoning (Flexible Commercial Use) – Supports medical, retail, restaurant, and service-based uses, with strong potential for multifamily (70 units)

Price	$2,850,000
Sale Type	Investment
Sale Conditions	Build to Suit Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Auto Dealership Carwash Daycare Center Fast Food General Freestanding Healthcare Medical Neighborhood Center Rehabilitation Center Supermarket Veterinarian or Kennel
Total Lot Size	2.73 AC
No. Stories	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-2 - B-2 Zoning (Flexible Commercial Use) – Supports medical, retail, restaurant, and service-based uses, with strong potential for multifamily (70 units)

1 Lot Available

Lot

Price	$2,850,000	Lot Size	2.73 AC
Price Per AC	$1,045,487.89

Price	$2,850,000
Price Per AC	$1,045,487.89
Lot Size	2.73 AC

High-traffic 2.73-acre site on State Rd 7 (55,500+ VPD) with flexible B-2 zoning. 70-unit MF potential or build medical, mixed-use, retail, or ALF. Located in a fast-growing Broward corridor near I-95 & Turnpike. Plans ready, strong demand drivers.

Description

REDEVELOPMENT OPPORTUNITY | STATE ROAD 7 CORRIDOR 55,500+ vehicles per day on adjacent State Road 7 corridor 2.73-Acre Commercial Site with Multifamily Plans ( Live Local ) PROPERTY HIGHLIGHTS: Exceptional 2.73-acre (118,759 sq. ft.) commercial redevelopment site strategically located in the heart of Broward County with premium State Road 7/US 441 frontage, MULTIFAMILY PLANS for development. Multifamily Potential: plans for 70-unit residential community Three 5-story residential buildings Modern amenities: Common plaza, splash pad, playground, dog park ZONING & DEVELOPMENT POTENTIAL: Current Zoning: B-2 Community Business District Permitted Uses: Medical office buildings, retail, professional services, restaurants, banks, personal services, and various commercial applications LOCATION ADVANTAGES: 560± feet of frontage on NW 37th Street Direct exposure to State Road 7/US 441 (100,000+ daily traffic count) Minutes from I-95 and Florida's Turnpike Heart of Broward County's fastest-growing corridor Surrounded by established residential neighborhoods MARKET FUNDAMENTALS: Lauderdale Lakes: 36,000+ diverse, growing population Broward County experiencing healthcare boom with new hospital and MOB construction $45M+ in active commercial development projects nearby Strong multifamily demand in Fort Lauderdale metro (61% of new development) Underserved market for medical, retail, and residential uses FINANCIAL INFORMATION: Last Appraisal: $5.3M (September 2022) Clear title, ready to close DEVELOPMENT OPTIONS: Execute multifamily plans (turn-key development opportunity) Medical Office Building (high demand in Broward County) Mixed-Use Development (retail + residential or medical + commercial) Assisted Living Facility (critical shortage in Broward: 360,000 residents need care) Retail/Commercial Center (capitalize on B-2 flexible zoning) DUE DILIGENCE: Buyer responsible for all due diligence. multifamily plans, surveys, and additional documentation available upon request.

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