321 N Federal Highway
For Sale: 0.78-Acre Development Site in Dania Beach
Marketing description
Colliers is proud to present 321 N. Federal Highway, a prime 0.78-acre site zoned City Center, located in the Dania Beach Regional Activity Center (RAC). This desirable location is east of I-95, between Griffin Road and Stirling Road, offering excellent accessibility and proximity to Fort Lauderdale-Hollywood International Airport. The RAC designation provides significant development flexibility, accommodating a variety of uses, including residential, hotel, commercial, office, and community facilities.
The current development plan envisions a 6-story, ±49,000-square-foot hotel with a Floor Area Ratio (FAR) of 1.4. The project includes 105 hotel rooms across levels 2-6, while the ground floor features a lobby, gym, offices, and a pantry. Additionally, the site offers a 66-space surface parking lot.
Investment highlights
Prime Location: Situated in the Dania Beach Regional Activity Center (RAC), east of I-95, and between Griffin Road and Sheridan Street, offering excellent accessibility.
Flexible Zoning: Zoned as City Center within the RAC, allowing for diverse uses such as residential, hotel, commercial, office, and community facilities.
Proximity to Key Infrastructure: Close to Fort Lauderdale-Hollywood International Airport making it a strategic location for development.
Site Plan Approval: Features a 6-story building with 49,000 square feet, including 105 hotel rooms (levels 2-6) and ground-floor amenities like a lobby, gym, offices, and pantry.
Potential Incentives: The Live Local Act could provide tax benefits and density increases for qualifying projects within the RAC, subject to approval.
Growing Market: Positioned in the expanding Dania Beach area, benefiting from increasing demand for mixed-use developments and hotel accommodations.
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