Log In/Sign Up
Your email has been sent.
Heron Pond 8320 SW 1st St 304 Unit Apartment Building For Sale Pembroke Pines, FL 33025
INVESTMENT HIGHLIGHTS
- Receivership Sale: Auction Bid Deadline is Tuesday September 23rd, 2025 by 5:00 PM ET Auction Date is Thursday September 25th, 2025
- Built-in Amenity Base
- Significant Upside with Rezoning
- Large ±25-Acre Development Opportunity
- Booming Market
EXECUTIVE SUMMARY
a ±25-acre, 321-buildable-unit development site located in Pembroke Pines, Florida. The Property was originally developed as a garden-style multifamily project known as Runway Bay in 1988, and was later converted to condominium in 2006. All units in the community have been vacated after being deemed unsafe due to general safety concerns. The condo association is in the process of being terminated and the Property will be conveyed in one fee simple transaction.
The Property gives investors and developers a unique opportunity to acquire a contiguous, centrally located 25-acre community and transform it through redevelopment or rehabilitation of existing units. Offered on an as-is basis, the site boasts an ideal infill location with close proximity to major employment hubs, retail centers, and educational institutions. Its residential development potential (apartments, townhomes, or single-family), combined with its strategic location, makes it a compelling residential development opportunity.
Receivership Sale:
Auction Bid Deadline is Tuesday September 23rd, 2025 by 5:00 PM ET
Auction Date is Thursday September 25th, 2025
The Property gives investors and developers a unique opportunity to acquire a contiguous, centrally located 25-acre community and transform it through redevelopment or rehabilitation of existing units. Offered on an as-is basis, the site boasts an ideal infill location with close proximity to major employment hubs, retail centers, and educational institutions. Its residential development potential (apartments, townhomes, or single-family), combined with its strategic location, makes it a compelling residential development opportunity.
Receivership Sale:
Auction Bid Deadline is Tuesday September 23rd, 2025 by 5:00 PM ET
Auction Date is Thursday September 25th, 2025
PROPERTY FACTS Under Contract
| Sale Type | Investment | Building Class | C |
| Sale Condition | Redevelopment Project | Lot Size | 0.02 AC |
| No. Units | 304 | Building Size | 339,226 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1989 |
| Zoning | (R-MF) | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 304 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 339,226 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built | 1989 |
| Zoning | (R-MF) |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Wi-Fi
- Freezer
SITE AMENITIES
- Clubhouse
- Pool
- Tennis Court
- Gated
- Pond
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 304 | - | - |
1 1
CONTACTS
-
John
Crotty
-
Brian
de la Fé
-
David
Duckworth
-
Michael
Fay
-
Philip
Shapiro
-
Lamar
Fisher
-
Francis
Santos
-
Lamar
Fisher Jr.
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Company Not Provided
Heron Pond | 8320 SW 1st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.