0 Royal Palm DrCoral Springs, FL 33071

Property Details for 0 Royal Palm Dr

Property type

Land

Description

This exceptional 2.52-acre commercial land parcel presents a rare development opportunity in the affluent Coral Springs, Florida market. Located at the intersection of Royal Palm Drive, 89th Drive, and Royal Palm Boulevard, this vacant lot offers unparalleled visibility and accessibility. The property is zoned B-1 (Neighborhood Business), allowing for a diverse range of commercial uses, including medical facilities, retail spaces, restaurants, offices, banks, schools, and daycare centers. Its strategic location, just one block east of University Drive, ensures high traffic volume, with Royal Palm Boulevard boasting 27,500 vehicles daily and University Drive seeing 42,500. This is one of the last remaining undeveloped parcels of this size in central Coral Springs, making it a highly sought-after investment for developers and investors seeking to capitalize on the area's strong economic growth and high demand for commercial properties. The property's 109,706 square feet provide ample space for a variety of development projects, catering to the local community's needs and the area's thriving business environment. The B-1 zoning ensures flexibility in development plans, allowing for a wide range of commercial uses to meet the diverse needs of the community. This is a truly unique opportunity to acquire a significant commercial land parcel in a prime location within a highly desirable South Florida market. The asking price is $4,000,000. The property's address is Royal Palm Dr, Coral Springs, FL 33071, in Broward County.

Location Insight

City

Coral Springs

County

Broward

State

Florida

Latitude

26.2591

Longitude

-80.2453

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