CANTERBURY SQUARE
Mixed Use | 12,000 SqFt
Marketing description
Canterbury Square is a 1/2-acre (4 adjacent parcels!) mixed use property in a prime location in Dania Beach at 34 – 38 South Federal Highway. Boasting residential / retail / office spaces. The development potential is great, including a hotel, shopping and condos. Traffic count on Federal Highway at this location is 44,000 making it a prime retail area. The high tourism, its proximity to major airports, attractions, shopping, dining and beaches make it a great hotel location. The high demand for apartments and condominiums in the area add great possibilities. There is so much activity and growth in the area. Canterbury Square includes a two-story mixed-use retail/apartment building, two freestanding retail buildings, and a parking lot.
Key Points distances:
1.5 Miles - FLL Airport
2.7 Miles - Port Everglades
2.3 Miles - Hollywood Beach
0.5 Miles - Dania Beach Casino
1.1 Miles - Dania Pointe Shopping Center
The property comprises of 4 parcels zoned mixed use:
Folio #
Address
5042-34-01-3300
34 S Federal highway, Dania Beach FL 33004
5042-34-01-3320
36 S Federal highway, Dania Beach FL 33004
5042-34-01-3310
38 S Federal highway, Dania Beach FL 33004
5042-34-01-3301
35 Park Avenue E, Dania Beach, FL 33004
Investment highlights
· A flexible mixed-use zoning allowing for a variety of uses including hotels, commercial, and residential. 10 stories potential.
· Tremendous growth of high-rise buildings and mixed-use projects in the surrounding area.
· A great potential for upgrading to increase income. A great in place income (great residential and retail tenants) for a developer to collect while in planning and city approval process. Current income is $26,000, 12,000 square feet built.
· High floor area ratio (FAR) of 8.0 with a potential to build 160K square feet 10 stories high!
· The property has 21 parking spaces, providing for a great parking ratio of 2.96 per 1,000 square feet of rentable space.
Fronting very busy South Federal Highway (US-1), Traffic Count is 44K vehicles Per Day (VPD)! Great exposure and signage!
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
