Home » Properties » SW 45th St, Davie FL 33314

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Commercial Land Opportunity on SW 45th St, Davie FL

6,003 sqft commercial land zoned RAC-2 in Davie, ideal for multifamily, hotel, or commercial use near major highways and educational institutions.

$689,000

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MLS #A11898312

Listing Updated: 2026-07-24 12:25:44

Listed By: House Markets, LLC

Overview

This 6,003 sqft commercial land parcel in Davie offers a unique RAC-2 zoning opportunity suitable for multifamily housing, hotel development, or commercial projects. The lot features a minimal 15-foot setback, maximizing the buildable area for diverse uses. Located just two blocks from the Turnpike with a high traffic count of over 72,600 vehicles per day, this site benefits from excellent visibility and accessibility. The surrounding area includes Nova University, Broward College, and the Rodeo Arena, enhancing the location’s appeal for various development types. Conceptual renderings illustrate potential uses, though the property currently has no city-assigned address.

Property Highlights

6,003 sqft lot zoned RAC-2, suitable for multifamily, hotel, or commercial use. Minimal 15-foot setback. Prime location near Turnpike with 72,600+ VPD traffic. Close to Nova University and Broward College.

Property Details

City: Davie

State: FL

Zip Code: 33314

Address: SW 45th St, Davie FL 33314

Year Built:

Property Type: Commercial Land

Property Sub Type: Income/MultiFamily

Listing Office Name: House Markets, LLC

County: Broward County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $763

Days On Market: 232 Days

Original Listing Description

UNIQUE RAC-2 OPPORTUNITY IN DAVIE | $689,000. 6,003 SF lot zoned for mixed-use: Ideal for Multifamily, Hotel, or Commercial. Minimal 15-foot setback to maximize the buildable area. Prime Location: 2 blocks from the Turnpike (Davie/Ft. Lauderdale exit), featuring +72,600 VPD traffic count. Surrounded by Nova University, Broward College, and the Rodeo Arena. Land Report available. IMPORTANT: Attached images are conceptual renders only. The number "5501" on the survey/render is a surveyor's reference; the lot has NO city-assigned address yet, and it is NOT the property 5501 SW 45th St with different owners.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

SW 45th St, Davie FL 33314

About This Neighborhood

Located in Davie, this property benefits from a dynamic neighborhood characterized by educational institutions like Nova University and Broward College. The area offers a mix of residential and commercial uses, supported by good infrastructure and convenient access to the Turnpike. The nearby Rodeo Arena adds a unique recreational element to the community, contributing to a diverse local environment.

Walkability & Lifestyle

While primarily a commercial and mixed-use area, the location near SW 45th St provides reasonable walkability to nearby educational campuses and local amenities. The site benefits from close access to major roads and public transit options, facilitating convenient daily commutes. Nearby dining, shopping, and recreational areas contribute to a balanced urban lifestyle within reach.

Things To Do Nearby

Residents and visitors in the area can enjoy a variety of activities including events at the nearby Rodeo Arena, dining options around the university campuses, and outdoor recreation in local parks. The proximity to major highways also allows easy access to beaches, shopping centers, and cultural attractions throughout the greater Davie and Fort Lauderdale region.

Nearby Schools

The property is conveniently located near prominent educational institutions such as Nova University and Broward College. This proximity offers easy access to higher education facilities, which can be a significant advantage for residents or tenants seeking educational opportunities. The presence of these institutions also contributes to the neighborhood’s vibrancy and demand for housing and commercial services.

Why Buyers Like This Area

Buyers are drawn to this property for its flexible RAC-2 zoning, allowing multiple development possibilities including multifamily and commercial uses. The lot’s location near the Turnpike and educational institutions offers excellent accessibility and community engagement. Its size and minimal setback requirements provide development efficiency, making it an appealing option for a range of projects.

Investment Potential

This commercial land in Davie presents a versatile development opportunity with RAC-2 zoning, allowing for multifamily, hotel, or commercial projects. Its proximity to major highways and educational institutions enhances its appeal for potential tenants or buyers. The high traffic volume nearby supports visibility and accessibility, factors that typically attract interest from developers and investors looking for flexible land use in a growing area.

Market Trends

The Davie commercial real estate market shows steady demand for mixed-use and multifamily developments, driven by its strategic location near major transportation routes and educational hubs. Properties with flexible zoning like RAC-2 are particularly attractive as they accommodate various development types, meeting the needs of a diverse buyer base. Inventory levels remain balanced, supporting sustained interest from developers and investors.

Rental Income Potential

Given its zoning and location, this land could attract developers interested in multifamily or hotel projects, which typically appeal to tenants and visitors in the area. The proximity to universities and high traffic counts suggests potential for steady demand, especially for rental accommodations or commercial spaces catering to local needs. Seasonal fluctuations may influence rental interest, but the site’s accessibility supports consistent usability.