5571 SW 40th Ave, Dania Beach, FL 33314

$1,480,000

• 4 bd
• 2 ba
• 1,937 sqft
• Built 1956

Rare 1.03-acre development opportunity in a prime, centrally located South Florida corridor. This expansive 44,867 SF property is surrounded by mature oak trees, creating a unique natural setting rarely found this close to the city. Ideally positioned near I-95, I-595, Florida’s Turnpike and Fort Lauderdale-Hollywood International Airport, and just minutes from the iconic Seminole Hard Rock Hotel & Casino and Guitar Hotel. The property is also located near Oaks Place, a newer gated townhome community on SW 40th Ave, highlighting the residential growth already underway in the immediate area. The site offers attractive redevelopment potential, including the possibility of subdividing for multiple single-family homes under its current residential zoning. City records have also previously contemplated a higher-density residential concept of approximately 13–14 townhomes, subject to rezoning, site plan approval and other required governmental approvals. An exceptional opportunity for a developer, builder or investor seeking over an acre of land in a rapidly evolving location between Fort Lauderdale and Miami. Buyer to independently verify zoning, density, subdivision requirements and permitted uses with the City of Dania Beach.

Listing courtesy of Compass Florida, LLC.