0 Sawgrass Expy Sunrise, FL 33323
This exceptional 7.1-acre (310,954 sq ft) parcel in Sunrise, Florida, presents a remarkable opportunity for development. Located along the Sawgrass Expressway in Broward County (APN: 4940 13 01 0050), this RM-16 zoned land offers high-density potential, allowing for up to 16 units per acre, potentially more under the Live Local Act. The site's versatile zoning permits a wide range of uses, including residential (multifamily, townhouses, villas), commercial, mixed-use, and public facilities such as parks, healthcare, libraries, government buildings, emergency services, public utilities, and childcare centers. Its strategic location within a dense commercial and residential corridor ensures proximity to major retailers and amenities, making it an attractive investment. The property is available for sale or as a ground lease, providing flexibility for various development strategies. This presents a unique chance to capitalize on the growing demand for residential and commercial space in this thriving area of South Florida. The current zoning allows for a maximum of approximately 114 units (based on 16 units per acre). This prime location, combined with its flexible zoning and development potential, makes this an exceptional opportunity for investors and developers seeking a high-return investment in a rapidly growing market.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.