0 Sawgrass Corporate Pkwy Sunrise, FL 33323
Exceptional 4.04-acre development opportunity in Sunrise, Florida's coveted Sawgrass Corporate Park, is available for $9,500,000. This prime parcel is ideally situated near the renowned Sawgrass Mills Mall, a major tourist attraction. The City of Sunrise has already approved this land for the construction of a high-end lifestyle hotel, presenting a unique investment prospect in a market currently lacking comparable hotel development sites. The property's B-3 General Business District zoning designation is complemented by its location within the "Western Sunrise Area" and "Western Sunrise Entertainment District" super zones, permitting a diverse range of uses including mixed-use, commercial, hotel, and office developments. The approved hotel development plan mandates a minimum of 250 rooms (including suites), each with a minimum size of 350 square feet (32.51 square meters), aiming to foster a full-service, amenity-rich development. This exceptional location and pre-approved hotel plan make this a truly remarkable investment opportunity. The property is located at Sawgrass Corporate Pkwy, Sunrise, FL 33323, in Broward County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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