6600 NW 20th St
Sunrise, FL 33313 Sunrise

Currently zoned I-1 (Industrial), the site has optionality between industrial and multifamily use. The City of Sunrise has expressed a favorable view toward residential development in this location. Given current zoning and setback requirements, we estimate the site could support an industrial facility totaling roughly ±235,000 SF. 

Further, the site represents an excellent location for a residential development under Live Local, a Florida statewide program that offers the ability to construct residential projects on commercially zoned land without municipal approval, as well as highly compelling property tax savings. Finally, because of its significant size in excess of 10 acres, the site will qualify for the Planned Unit Development (PUD) designation. A rezoning to PUD could support more than 400 surface-parked, garden-style multifamily units at a density of roughly 30du/ac.