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Development Site in Fort Lauderdale

3939 Powerline Rd, Fort Lauderdale, FL

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1.135 acre land for development with redesigned plans.

Type:LAND

Property size:

3,010 SF

Lot size:

1.13 Acres

Price / SF:

$395/SF

HighLights

Development site with redesigned plans for 84 units (33 affordable, 51 market rate) under the Live Local Act designation.
Estimated $21 million value at exit within a 3‑5 year holding period.
Approximately 65,000 +\/- SQFT building area with 50% of the first floor designated for commercial usage.
1.135 acre land parcel available for sale with motivated seller and quick closing.
140 parking spaces including a state‑of‑the‑art automated vehicle storage system (126 spaces).
Proximity to major employers and healthcare facilities.

We can help!

Listing Contact

Joe Pelayo

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For Sale

Contact for pricing

1.135 acre land for development with redesigned plans.

Type:LAND

Property size:

3,010 SF

Lot size:

1.13 Acres

Price / SF:

$395/SF

Added:: Aug 25, 2025
Days on Market:: 292
Last Refresh:: May 20 at 8:15 pm

Property Features for 3939 Powerline Rd

General Information

Standard status: Active
Size: 3,010 SF
Lot size: 1.13 Acres
Property subtype: LAND

We can help!

Listing Contact

Joe Pelayo

Listing agent Joe Pelayo License #3005451

Listing office Total Real Estate Consultants Inc

Listing date Aug 25, 2025

Source Moodyscre

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 Total Real Estate Consultants Inc

HighLights

Development site with redesigned plans for 84 units (33 affordable, 51 market rate) under the Live Local Act designation.
Estimated $21 million value at exit within a 3‑5 year holding period.
Approximately 65,000 +\/- SQFT building area with 50% of the first floor designated for commercial usage.
1.135 acre land parcel available for sale with motivated seller and quick closing.
140 parking spaces including a state‑of‑the‑art automated vehicle storage system (126 spaces).
Proximity to major employers and healthcare facilities.

Overview

This 1.135-acre land/development site is available for sale. Redesigned plans are in place for a project consisting of approximately 65,000 square feet of building area, potentially qualifying under the Live Local Act designation. The plans include a total of 84 units, with 33 units designated for affordable housing and 51 units at market rate. Fifty percent of the first floor is intended for commercial usage. The project design incorporates 140 parking spaces, including 14 surface-level spaces and 126 spaces utilizing a state-of-the-art automated vehicle storage system. The total project cost, including the land acquisition price, is estimated to range between $13.5 million and $14.5 million, depending on the final scope. The final estimated value at exit ranges around $21 million with a holding period of 3-5 years. Major employers located within the area include BB&T, Lowe's, Regions Bank, Walgreens, Citrix, and Microsoft. Healthcare facilities within a 10-mile radius include Holy Cross Hospital, Broward Health Medical Center, and Broward Health Imperial Point.

Location Intelligence

Current Use by Public Records

Sweet Acacia Building Apartment Complex

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Local Demand

City: Fort Lauderdale
County: Broward
State: Florida
Longitude: -80.1547
Latitude: 26.175

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For sale
Land
FL
Fort Lauderdale
3939 Powerline Rd

What type of property is this?

Land - 1.135 acre land for development with redesigned plans.

Where is this land located?

The property is located at 3939 Powerline Rd Fort Lauderdale, FL.

What is the asking price?

The asking price for this property is $1,190,000.

What are key features of this property?

This property features: Development site with redesigned plans for **84 units (33 affordable, 51 market rate)** under the Live Local Act designation.; Estimated **$21 million value at exit** within a 3‑5 year holding period.; Approximately 65,000 +\/- SQFT building area with 50% of the first floor designated for commercial usage.