Flagler Village Hotel Development

315 NE 3rd Street Fort Lauderdale, FL 33301

  • 27,624 Square Feet
  • Hotel Land
  • For Sale

Summary Description

Colliers International is pleased to offer the opportunity to purchase arrange site sale and/or financing for hotel development at 315 NE Third Street, Fort Lauderdale, Florida. Motivated land-owner seller seeks offers for this exceptional development opportunity; outright site sale preferred, however build-to-suit and/or JV structure will be considered.

Area Available: 27,624 Square Feet

Features:

  • Fully entitled and designed, shovel-ready urban hotel site; 200- room “upscale” 12-story with retail
  • Exceptional Flagler Village downtown Fort Lauderdale location, just blocks from CBD, Las Olas Blvd, and “Bright Line” Train station
  • Robust lodging demand: corporate, tourists, conventions, cruise port related and booming airport. Hotel underserved market occupancy approaching 80%
  • Mature development plan with advanced and favorable cost model and proforma
  • Numerous premium international hotel brands available and interested
  • Compelling potential returns based on conservative assumptions
  • Preferred structure is site sale; JV development or build-to-suit considered
Related Documents:

Property Experts

Contact us regarding this property

An unexpected error has occurred. Please try again.
You didn't check the 'I'm not a robot' checkbox.

Your request has been submitted.

Someone will contact you shortly.