10-Townhome Ft. Lauderdale Development Opportunity Description: -East of I95 in the Hot neighborhood of Tarpon River -0.6 miles from the center of Downtown Fort Lauderdale -2.9 miles from the beach -0.5 miles from Publix -2.2 miles from Fort Lauderdale International Airport -Within walking distance to the Broward Performing Arts Center, Museum of Science and Discovery, Las Olas Riverwalk, and the Himarshee nightlife/bar scene. -All Located on Quiet/Safe/Beautiful Streets -127 Feet of Frontage on the Tarpon River -40% of end users (4/10) with boat docks for small boats/PWC -Finished units will likely sell for ~$700K once the project is completed Approval Status: -Permits already in place for two of the units -Full Construction Documents have been completed on the remaining 8 units -Engineer is paid in full to complete any additional changes required by the City (minimal to none expected) -Currently in the final stages of review by the Ft. Lauderdale Development Review Committee. -Four successful meetings with the DRC/Two with the neighborhood See the attached Executive Summary for additional details.
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