Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Plantation Land Ready for Development Title is generated by Realmo AI

    11450 W Broward Blvd, Plantation, FL 33325

    View on Map
    Claim this Listing
    For Sale
    $1,500,000

    Residential - Plantation, FL

    Lot size:
    0.64 Acres
    Added:
    Oct 3, 2025
    Days on Market:
    240
    Last Refresh:
    May 30 at 4:06 am

    Property Features for 11450 W Broward Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    PRD-6.3Q
    Standard status
    Active
    APN
    5040011C0010
    Lot size
    0.64 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    9616

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Gabrielle Chin
    Gabrielle Chin

    Listing agent Gabrielle Chin License #3465199

    Listing office LoKation 1500 E. Atlantic Blvd., Pompano Beach, FL

    Listing date Oct 3, 2025

    MLS# A11470747 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Shovel‑ready 4‑unit luxury townhome project with complete architectural and engineering plans.
    • Prime location blocks from Sawgrass Mills Mall and walking distance to American Heritage School.
    • Potential for high return on investment with each townhome selling for $800k-$1m (up to $4m total).
    • Quick construction timeline: out of the ground within 90 days.
    • Land is platted, streamlining the development process.
    • Option to purchase an adjacent, larger lot (MLS ID: A11470754) also zoned for 4 townhomes.

    Overview

    This 0.6413-acre property in Plantation, Florida, is ready for a 4-unit luxury townhome project. The land has been platted and includes complete architectural and engineering plans, making it shovel-ready. The location is just blocks from Sawgrass Mills Mall and within walking distance of American Heritage School. The property is zoned PRD-6.3Q. The project allows for construction to be completed within approximately 90 days. The intended use is for a 4-unit luxury townhome project, with each townhome potentially selling for $800,000 to $1 million, totaling up to $4 million. Plans are available upon request. An additional, slightly larger lot zoned for the same 4 townhomes is also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Plantation
    County
    Broward
    State
    Florida
    Longitude
    -80.3262
    Latitude
    26.1162

    Nearby Similar for Sale

    • $200,000

      Plantation Restaurant Business For Sale

      Cozy Vietnamese restaurant with loyal customer base and excellent reviews.
      1860 N University Dr, Plantation, FL 33322
      View Details
    • $750,000
      2,500 SF

      Plantation Acres Land Opportunity

      Land available for luxury townhome development near Sawgrass Mills Mall.
      0 W Broward Blvd, Plantation, FL 33325
      View Details
    • $900,000

      Plantation Land Ready to Develop

      Land prominently located in Plantation Acres, ready for development.
      11200 W Sunrise Boulevard, Plantation, FL 33323
      View Details
    • $150,000

      Profitable Turnkey CBD Smoke Shop

      Turnkey CBD smoke shop generating approximately $30,000 monthly income.
      510 s state RD 7, Plantation, FL 33317
      View Details
    • $300,000
      23,166 SF

      Drive-Thru Convenience Store Opportunity

      Established drive-thru convenience store on 2.20 acres for sale.
      6900 CYPRESS ROAD, PLANTATION, FL 33317
      View Details
    • $6,664,000
      2,800 SF

      Plantation Retail Property For Sale

      Retail property with long-term tenant and rental increases.
      1799 N University Dr, Plantation, FL
      View Details
    • $1,590,000

      Land For Sale on State Road

      Cleared land with frontage on State Road 7.
      460 N State Road 7, Plantation, FL 33317
      View Details
    • $269,000

      Food and Beverage Space

      Fully built-out food and beverage space in high-traffic mall.
      8000 W BROWARD BLVD, Plantation, FL 33388
      View Details
    • $90,000
      1,482 SF

      Turnkey Boba Tea Shop

      Operating boba tea shop in a Publix-anchored plaza.
      Boba Tea Shop For Sale in Plantation, Plantation, FL 33317
      View Details
    • $590,000
      2,009 SF

      Plantation Office Building For Sale

      2,009 square foot office building available in Plantation, Florida.
      350 N Pine Island Rd, Plantation, FL
      View Details
    • $5,800,000
      36,354 SF

      Plantation Office Building For Sale

      Office building with private restrooms, HVAC, and ample parking.
      7390 NW 5th St, Plantation, FL
      View Details
    • $4,000,000

      Retail Plaza in Plantation, Florida

      Retail shopping plaza in a high-traffic Plantation location.
      1806 N Pine Island Rd, Plantation, FL
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Shovel-ready land for a 4-unit luxury townhome project.
    Where is this residential land & home lot located?
    The property is located at 11450 W Broward Blvd Plantation, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Shovel‑ready 4‑unit luxury townhome project with complete architectural and engineering plans.; Prime location blocks from Sawgrass Mills Mall and walking distance to American Heritage School.; Potential for high return on investment with each townhome selling for $800k-$1m (up to $4m total).
    (954) 545-5583
    We can help!
    Listing Contact
    Gabrielle Chin
    Gabrielle Chin
    Real Estate License ID: 3465199
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11450 W Broward Blvd, Plantation, FL 33325
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!