416 Coconut Isle Dr.

Build-to-sell, capital back at exit

Las Olas Isles waterfront land parcel, 9,374 sqft, positioned for a new custom residence.

Build-and-sell development strategy on a 9,374-sqft unimproved waterfront land parcel at 416 Coconut Isle Drive in Fort Lauderdale, Florida, within the Las Olas Isles. The public listing identifies the asset as land rather than a delivered or partially completed residence, with renderings showing a potential luxury-home program. The site sits on one of the enclave's desirable waterfront streets and benefits from direct access to Fort Lauderdale's canal system. The strategy is acquisition of the land, design and permitting or plan refinement as required, vertical construction of a new waterfront residence, and resale into the Las Olas Isles new-build comparable set. Hold duration is expected to span final design coordination, permitting, hard construction, and a marketing window for newly delivered waterfront inventory. Asking land basis of 3.595 million dollars reflects the waterfront site and development optionality rather than existing residential improvements. Capital deployment covers design, permitting, site preparation, hard construction, finish specification, marine or landscape improvements as elected, and carry through listing. Returns are targeted from the spread between all-in delivered cost and new-construction resale, with waterfront access, permitting discipline, and construction execution as the primary underwriting controls.

Address

416 Coconut Isle Dr.

City

Fort Lauderdale, FL

ZIP

33301

Beds

Pending

Baths

Pending

Living sqft

Pending

Lot sqft

9,374

Year built

Pending

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