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.
With the recently enacted Live Local Act in Florida, this site may qualify for potential tax incentives and increased density opportunities for eligible projects, subject to meeting specific criteria and obtaining the necessary approvals. This opportunity represents a compelling investment in the rapidly growing Dania Beach market.
Property falls into the City Center Zone. The City Center Zone allows for maximum fifty (50) du/ac. The parcel is 34,005 SF or 0.78 acres allowing for 39 units.