3939 Powerline Rd Fort Lauderdale, FL
Call to check price and availability
1.135 acre land for development with redesigned plans.
Type:LAND
Property size:
3,010 SFLot size:
1.13 AcresPrice / SF:
$395/SF- Added:
- Aug 25, 2025
- Days on Market:
- 246
- Last Refresh:
- Apr 5 at 8:36 pm
Property Features for 3939 Powerline Rd
General Information
- Standard status
- Active
- Size
- 3,010 SF
- Lot size
- 1.13 Acres
- Property subtype
- LAND
Listing agent Joe Pelayo License #3005451 (954) 224-8773
Listing office Total Real Estate Consultants Inc (954) 224-8773
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
Overview
Development Site in Fort Lauderdale
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
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1547
- Latitude
- 26.175
Nearby Similar for Sale
FAQs
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.
