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Multi-Family

The Circle at Inverrary

2599 NW 56th Ave, Lauderhill, FL 33313

Listing Price: $3,950,000

Lot Size
5.68 acres
Price/Acre
$695,423
Land Type
Land

Investment Overview

Marcus & Millichap is proud to present for sale The Circle at Inverrary, a 5.68-acre assemblage offering a rare opportunity for multifamily development in the heart of Lauderhill, a city experiencing significant growth and revitalization. Based on current zoning a developer may be able to build at least 102 units. The property's strategic location and favorable zoning make it ideal for a residential project.

Lauderhill is witnessing a wave of new developments, such as the 441 Arthouse project—a 245-unit mixed-use development with approved site plans and city/CRA development agreements. This project highlights the city's commitment to revitalization and its support for developers through incentives and streamlined processes.

Investment Highlights

  • 5.68 AC of land, a rare in?ll opportunity in a growing urban corridor
  • Lauderhill, actively encouraging development
  • Submarket has strong monthly rents with occupancy over 89%
  • Lauderhill CRA offering Commercial Redevelopment Incentive Programs

Exclusively Listed By

Multi-Family

The Circle at Inverrary

Listing Price: $3,950,000

Lot Size
5.68 acres
Price/Acre
$695,423
Land Type
Land

Investment Highlights

  • 5.68 AC of land, a rare in?ll opportunity in a growing urban corridor
  • Lauderhill, actively encouraging development
  • Submarket has strong monthly rents with occupancy over 89%
  • Lauderhill CRA offering Commercial Redevelopment Incentive Programs

Investment Overview

Marcus & Millichap is proud to present for sale The Circle at Inverrary, a 5.68-acre assemblage offering a rare opportunity for multifamily development in the heart of Lauderhill, a city experiencing significant growth and revitalization. Based on current zoning a developer may be able to build at least 102 units. The property's strategic location and favorable zoning make it ideal for a residential project. Lauderhill is witnessing a wave of new developments, such as the 441 Arthouse project—a 245-unit mixed-use development with approved site plans and city/CRA development agreements. This project highlights the city's commitment to revitalization and its support for developers through incentives and streamlined processes.

Exclusively Listed By

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