455 Bontona Ave.

Build-to-sell, capital back at exit

Las Olas Isles land-only waterfront opportunity, 0.29 acre with 100+ ft deep-water frontage and no fixed bridges.

Build-and-sell development strategy on a 0.29-acre unimproved waterfront lot at 455 Bontona Avenue in Fort Lauderdale, Florida, within the Las Olas Isles. The public listing identifies the asset as land only: demolition work is complete, the seawall and dock are complete, master building plans are approved, and the site offers 100+ feet of deep-water frontage with no fixed bridges and direct ocean access. The strategy is acquisition of the land, final plan customization and permitting coordination, vertical construction of a new custom 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 4.49 million dollars reflects the waterfront parcel, completed demolition, marine infrastructure, plan approval status, and bridge-free water access rather than existing residential improvements. Capital deployment covers plan refinement, permit administration, 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 the frontage, no-fixed-bridges access, and execution discipline as the primary underwriting controls.

Address

455 Bontona Ave.

City

Fort Lauderdale, FL

ZIP

33301

Beds

Pending

Baths

Pending

Living sqft

Pending

Lot sqft

12,632

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