0 Sawgrass Expy Sunrise, FL 33323
This exceptional 7.1-acre development site in Sunrise, Florida, presents a unique investment opportunity. Located on Sawgrass Expressway, the property boasts an RM-16 zoning designation, permitting a diverse range of uses. This includes high-density residential development (up to 16 units per acre), encompassing multifamily dwellings, townhouses, and villas. The zoning also accommodates various commercial applications, such as parks, healthcare facilities, libraries, government buildings, emergency services, public utilities, and childcare centers. The site's strategic location offers excellent accessibility, with proximity to major transportation routes and a planned Amazon facility. The property's potential is further enhanced by the possibility of upzoning under the Live Local Act, potentially increasing density and providing tax incentives. This presents a compelling chance to capitalize on the growing demand for residential and commercial properties in this thriving area, whether through outright purchase or a ground lease arrangement. The APN is 4940 13 01 0050. This is a 310,954 square foot lot in Broward County, Florida, zip code 33323. The site is near the Sunrise Athletic Complex and other essential amenities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.