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    3016 Bayshore Dr Fort Lauderdale, FL 33304

    For Sale
    Contact for pricing

    Shovel-ready 1.51 AC site for hotel or condo development.

    Property size:
    1 SF
    Lot size:
    1.51 Acres

    Property Features for 3016 Bayshore Dr

    General Information

    Size
    1 SF
    Lot size
    1.51 Acres

    Source: Todd Cohen Agent Todd Cohen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Entitled Hotel/Condo Development Opportunity

    This 1.51-acre assemblage presents an opportunity for hotel and/or condo development. Pre-approved site plans are in place for a 17-story building with 277 guest rooms or condo units, totaling 263,421 square feet. The plans include ground-floor retail and restaurants, two luxury pool decks (one rooftop), a fitness center, lounges, pedestrian garden walkways, meeting rooms, a business center, and a parking garage with double-stack vehicle lifts. The site is less than one block from beach access, offering unobstructed views of the Atlantic Ocean and the Intercoastal Waterway. It is located among major hotel flags, smaller boutiques, and historic landmarks. Beach access is a short walk across Fort Lauderdale Beach Boulevard. The location is 6 miles from Fort Lauderdale International Airport and 5 miles from Port Everglades Cruise Ship Terminals. There are two existing operational hotels on the premises with a total of 59 guest rooms, providing cash flow during the planning phase. The site is located directly along Bayshore Drive, strategically positioned in Fort Lauderdale Beach between Las Olas Beach public access and Fort Lauderdale Public Beach at E Sunrise Blvd, across from the Intracoastal Waterway.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1053117
    Latitude
    26.1276858

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    FAQs

    What type of property is this?
    Hotel - Shovel-ready 1.51 AC site for hotel or condo development.
    Where is this hotel located?
    The property is located at 3016 Bayshore Dr Fort Lauderdale, FL.
    What are key features of this property?
    This property features: - Shovel-ready 1.51 AC assemblage for a 277-unit hotel/condo development.; - Pre-approved site plans in place, allowing for immediate development.; - Enjoy unobstructed views of the Atlantic Ocean and Intercoastal Waterway.
    (786) 385-9478
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    3016 Bayshore Dr Fort Lauderdale, FL 33304
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    Realmo Value Estimation

    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.

    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.

    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
    3016 Bayshore Dr Fort Lauderdale, FL 33304
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