6150 Rock Island Road
Tamarac, Florida
Building
Stats
- Property Type Land - Multifamily
- Size (Ac) 5.39
Overview
The Property represents a rare clean-slate development opportunity in an established, mature market. Other development sites in Tamarac and the surrounding Fort Lauderdale areas are mainly redevelopment or in-fill in nature, making the Property unique in its ability to offer a blank canvas for new multifamily development.
The Property is offered with entitlements for the construction of 120 multifamily units. Tamarac’s existing inventory of multifamily product is aging, and newer, updated construction will likely enjoy significant pricing power in comparison to the majority of its competition.
Highlights
•Fantastic multi-family development opportunity.
•Site plan is pending approval for 120 residential units.
•Great location and demographics.
•No new multi-family rental community to be developed within a 3-mile radius.
•Close to residential communities and shopping centers.
•Less than 1-mile from the Florida Turnpike and 5-miles from I-95
•Ideal location for a 55+ multi-family community.
