Coldwell Banker Commercial Realty is pleased to announce a prime development opportunity located at NW 37th Terrace, Lauderdale Lakes, FL 33311, this strategically positioned parcel encompasses approximately 111,837 square feet of land. The offering includes architectural plans for a proposed residential development consisting of approximately 124 units, subject to final approval by the City of Lauderdale Lakes Zoning Department.

Proposed Unit Mix:

75 One-Bedroom Units – Average Rent: $2,483.10

40 Two-Bedroom Units – Average Rent: $3,121.70

10 Three-Bedroom Units – Average Rent: $3,720.00

The Seller is in the process of increasing the density to RM-50.

The architectural plans feature a modern design concept and include a suite of thoughtfully integrated amenities aimed at promoting a high-quality living experience and lifestyle convenience.

This opportunity represents a strong value proposition for developers seeking to capitalize on the continued demand for multifamily housing in South Florida. Key features include:

Swimming Pool: A central highlight of the outdoor amenity space, the pool provides a refreshing retreat for residents, ideal for relaxation, exercise, and social gatherings.

BBQ & Outdoor Cooking Area: Adjacent to the pool, this fully-equipped BBQ and cooking station is perfect for entertaining, featuring built-in grills, prep counters, and seating areas designed to foster community interaction.

Metal Mesh Railing Balconies: Each unit features private balconies with sleek metal mesh railings that offer both safety and aesthetic appeal, while allowing for airflow and unobstructed views.

Designer Backsplash: Kitchens are elevated with modern backsplash designs, adding visual interest and ease of maintenance while complementing the overall interior aesthetic.

Quartz Countertops: Durable and elegant, the quartz countertops throughout the kitchen and bathroom spaces offer both style and functionality, enhancing the modern appeal of each unit.

Contemporary Lobby: The entry lobby serves as a stylish and welcoming first impression, designed with upscale finishes and a functional layout that reflects the overall sophistication of the building. Architectural drawing is available for purchaser with NDA requested.