455 Bontona Ave.

Build-to-sell, capital back at exit

Las Olas Isles pre-construction lot, 100ft canal frontage with permits approved and no fixed bridges.

Build-and-sell development strategy on a pre-construction waterfront lot at 455 Bontona Avenue in Fort Lauderdale, Florida, within the Las Olas Isles. The prior structure has been demolished and permits are approved for a planned residence of approximately 7,577 square feet, compressing the pre-construction timeline relative to typical land acquisitions that require fresh entitlement work. The parcel carries 100 feet of canal frontage with no fixed bridges between the property and the ocean, which positions the site at the upper band of the Las Olas Isles waterfront segment for larger-vessel buyers. The strategy is vertical construction per approved plans, finish-out to a specification consistent with the enclave's new-build comparable set, and disposition on completion. Las Olas Isles new-construction inventory at this scale has historically absorbed at price points that reward bridge-free water access, frontage length, and program size. Hold duration is expected to span construction and a marketing window for newly delivered waterfront inventory. Asking basis of 13.8 million dollars reflects the parcel, existing permits, and bridge-free access. Capital deployment covers hard construction, finish specification, marine and landscape programming, and carry through listing. Returns are targeted from the spread between all-in delivered cost (land basis, permitting already reflected, construction) and new-construction resale into a buyer pool focused on yacht-accessible inventory.

Address

455 Bontona Ave.

City

Fort Lauderdale, FL

ZIP

33301

Beds

5

Baths

—

Living sqft

7,577

Lot sqft

—

Year built

—

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