3280 N University Dr - Commercial LAND FOR SALE


Coral Springs, FL 33065 25,700 SF
$3,900,000 USD
954-245-3426
3280 N University Dr, Coral Springs, FL for Sale
$3,900,000 USD
Commercial LAND - FOR SALE
1/3
25,700 SF

3280 N University Dr
Coral Springs, FL 33065


HIGHLIGHTS

  • Site is in Coral Springs' new downtown, surrounded by 1,497 Class A apartments (both under construction and in planning)
  • Prime 0.6-acre hotel development site in the heart of Coral Springs' emerging "Downtown Coral Springs" district
  • Extensive retail/restaurant space, ideal for upscale hotel development
  • Opportunity to establish a Hyatt Place hotel as the premier destination and exclusive option in this thriving area

OVERVIEW

Located at the intersection of University Drive and Sample Road in Coral Springs, Florida, this 0.6-acre hotel development site is a focal point of the emerging "Downtown Coral Springs" district. Surrounded by new developments, including Modera, a 708-unit Class A apartment development, and over 46,572 square feet of ground-floor retail/restaurant space, the site offers a prime opportunity for an upscale mixed-use hotel. Adjacent to Coral Springs City Hall, the site benefits from its central location within the city's administrative hub. The proximity to the planned City Village development, which will features 412 Class A apartments, 111,362 square feet of retail/restaurant space, 37,393 square feet of office space, and a Whole Foods grocery store, further enhances its appeal. Additionally, Village Square, located on the northeast corner, will offer 377 Class A apartments and 10,000 square feet of retail/restaurant space. With its strategic location and surrounding amenities, this development presents a unique opportunity to establish a Hyatt Place hotel as the premier destination in the market and the exclusive hotel option in this thriving area.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/ACRE

$6,610,272/AC

PRICE/SF

$152 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family, Apartment Units, Hotel

LAND ACRES

0.59 AC

LAND SF

25,700 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

DT-MU

APN/PARCEL ID

48-41-21-45-0030

ASK ABOUT THIS PROPERTY

David AltmanMarcus & MillichapMore Info
954-245-3426

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David AltmanMarcus & MillichapMore Info
954-245-3426

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.