3280 University Dr, Coral Springs, FL 33065
0.59 Acres of Commercial Land Offered at $3,900,000 USD in Coral Springs, FL 33065
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,900,000
- Property Type
-
Land
Listing Contacts
David Altman
Verified Profile
- Property Info
Property 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.
Property Details
- Property Subtype
- Commercial
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
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