416 Coconut Isle Dr.

Build-to-sell, capital back at exit

Las Olas Isles new-build in progress, 6BR/6,812 sqft with 75ft of deep-water dockage, no fixed bridges.

Build-and-sell development strategy on a partially constructed new-build at 416 Coconut Isle Drive in Fort Lauderdale, Florida, within the Las Olas Isles. The program is a 6-bedroom, 6-full and 2-half-bath residence totaling 6,812 square feet on a canal-front parcel with 75 feet of deep-water dockage and no fixed bridges between the dock and the ocean, a configuration that materially broadens the buyer pool to include larger-vessel owners. The strategy is completion of construction, finish specification consistent with the Las Olas Isles comparable set, and disposition on delivery. Because the project is already vertical with permits in place, the critical path is compressed relative to raw-land development, which reduces both carry risk and cycle duration. Las Olas Isles new-construction inventory has historically cleared at a premium to resale housing stock in the enclave, supported by proximity to Las Olas Boulevard and the scarcity of deep-water parcels without bridge constraints. Hold duration is expected to span remaining hard construction, finish-out, and a marketing window for new waterfront inventory. Asking basis of 10.995 million dollars reflects the parcel, dockage, work completed to date, and the program. Capital deployment covers completion of construction, finish specification, landscape and marine programming, and carry through listing. Returns are targeted from the spread between all-in delivered cost and new-construction resale.

Address

416 Coconut Isle Dr.

City

Fort Lauderdale, FL

ZIP

33301

Beds

6

Baths

8

Living sqft

6,812

Lot sqft

—

Year built

2026

Waterfront

CANAL

Real cost waterfall from sponsor proforma — 24-month build cycle, ground-up basis. Lines below are project cash expenses through completion and disposition, including property tax during the hold period.

Source: sponsor proforma · figures are forward-looking estimates · not a guarantee of return