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Fully Entitled Hotel Development Land
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315 NE 3rd Street, Fort Lauderdale, FL 33301

Fully entitled development site with approved hotel plans, retail space, parking, and an active franchise agreement.

Property SizeContact for details
Days on Market143

Property Features for 315 NE 3rd Street

General Information

Standard status Active
Property subtype Hospitality, Land
Listing Agency: Colliers - Miami, Florida
Listed By: Gerard Yetming · License #FL BK707047
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 8:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Miami, Florida

Investment Insights

Based on property information with market context.

This commercial land offering includes a fully entitled hotel development site at 315 NE 3rd Street. Approved plans provide for a 199-room hotel, 6,200 square feet of retail, and 168 parking spaces. The offering also includes development plans and an executed franchise agreement, creating a defined framework for advancing the project.

The site is in Flagler Village within downtown Fort Lauderdale, near approximately 8 million square feet of office space. Brightline and the Wave Streetcar are identified as nearby transit projects. Planned project components include a bar, rooftop pool, and an 84-seat theater, along with retail intended for food and beverage uses. The financial model cited for the project indicates a return on cost exceeding 11% based on the stated assumptions.

Key Highlights

  • Fully entitled hotel development site at 315 NE 3rd Street, Fort Lauderdale, FL 33301
  • Plans provide for 199 hotel rooms, 6,200 square feet of retail, and 168 parking spaces
  • Executed franchise agreement and development plans included

Property Analytics

Current Use

Electrician near me ... Electrical Service Randy Schull Salon Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Butcher Clothing & Fashion Store Restaurant Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,627
Businesses Nearby

Demographics for 33301, FL

19,109
Population
13,955
Households
1.4
Avg Household Size
42
Median Age
62%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
7,644
Density / Sq Mi
$115,421
Median Household Income
$76,365
Median Earnings
$2,341
Median Rent
$751,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Fully entitled development site with approved hotel plans, retail space, parking, and an active franchise agreement.
Where is this commercial land located?
The property is located at 315 NE 3rd Street Fort Lauderdale, FL.
What are key features of this property?
This property features: Fully entitled hotel development site at 315 NE 3rd Street, Fort Lauderdale, FL 33301; Plans provide for 199 hotel rooms, 6,200 square feet of retail, and 168 parking spaces; Executed franchise agreement and development plans included
(786) 517-4995 Call to check price and availability
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