MARINA MAR – FORT LAUDERDALE, FL Waterfront Redevelopment Opportunity | Intracoastal Trophy Site

Description

Overview

Marina Mar represents one of the last true waterfront redevelopment opportunities along Fort Lauderdale’s prestigious Intracoastal corridor — featuring an extraordinary 240 linear feet of direct Intracoastal frontage.

Formerly home to the Marina Mar complex, the site now spans three contiguous parcels totaling approximately 1.67 acres, combining both prime waterfront and inland support parcels.

This rare assemblage is positioned to become Fort Lauderdale’s next great waterfront dining and entertainment destination — seamlessly connecting lifestyle, hospitality, and luxury.
The site is exclusively represented by Prakas & Co.

West Parcel – Waterfront Pad Site

The west parcel offers an unmatched development canvas directly on the Intracoastal with 240 feet of frontage and panoramic waterway views.
It can accommodate one or two large-scale restaurant users, totaling approximately 20,000 SF under roof, each with 5,000 SF of waterfront patio space for outdoor dining.

The site design envisions:

• Expansive outdoor patios for waterfront dining and dock access

• Rooftop lounge or second-floor event spaces

• Private valet loop off NE 32nd Avenue

• Full venting, grease trap, and back-of-house capabilities

Preliminary architectural and massing studies have explored multiple schematic variations, including the potential for vertical integration above the restaurant level — whether for private event space, boutique hotel suites, or condominium residences.
The parcel is currently vacant, offering a blank canvas for a transformative, high-impact waterfront project.

East Parcel – Parking Garage, Hotel, or Live Local Residential

Across NE 32nd Avenue, the east parcel has been conceptually planned for a structured parking garage to support all waterfront patrons and future hospitality uses.

Architectural teams have produced parking-count studies and hotel schematic layouts, with flexibility to add residential or mixed-use vertical components above the garage.

This parcel also qualifies under Florida’s Live Local Act, providing a pathway for workforce housing or hospitality units with benefits such as:

• Administrative approval (no public hearings required)

• Increased height and density allowances

• Property tax exemptions on qualifying residential units

• Sales tax refunds on building materials

• Reduced parking requirements for transit-accessible sites

Together, the west and east parcels form a complete waterfront hospitality campus — combining restaurant, bar, parking, and potential residential or hotel elements into one cohesive mixed-use development.

Highlights

• Trophy waterfront site on Fort Lauderdale’s Intracoastal

• ±240 feet of direct Intracoastal frontage

• ±1.67 acres across three contiguous parcels

• Two 10,000 SF waterfront restaurant pads with 5,000 SF patios each

• Rooftop dining or second-floor event potential

• Structured parking garage concept on east parcel

• Live Local Act density potential above garage

• Vertical integration opportunities (hotel, condo, or event space)

• Surrounded by luxury residential, marinas, and high-end hospitality

• Flexible lease, joint venture, or sale structure available

Property Composition

The Marina Mar assemblage consists of three contiguous parcels totaling ±1.67 acres (72,789 SF) strategically positioned along Fort Lauderdale’s Intracoastal corridor.

Parcel Breakdown:

• Waterfront West Parcel (Intracoastal): 29,796 SF

• Larger Inland Parcel (East): 35,578 SF

• Smaller Inland Parcel (East): 7,415 SF

Together, these parcels create a unified waterfront redevelopment canvas offering both direct water frontage and inland support parcels ideal for structured parking, hotel, residential, or mixed-use components.

Development Vision

The Marina Mar redevelopment is not a fixed project — it is a visionary framework supported by multiple architectural designs, renderings, and parking studies prepared by ownership.
Its flexibility allows adaptation to the exact vision of a qualified developer, operator, or investment group.

Ownership is open to leasing shell buildings, joint ventures, or full site sales with aligned partners capable of executing a long-term hospitality, restaurant, or residential concept that enhances the surrounding Intracoastal environment.

Availability & Pricing

Pricing is undisclosed and will be discussed privately with qualified groups.
Ownership and brokerage will review proposals on a case-by-case basis and coordinate direct meetings with interested developers and operators.

Next Steps

For access to architectural plans, schematic renderings, or concept studies, please contact our office directly to schedule a confidential discussion.
Private tours and on-site meetings are available by appointment only.

Contact

For more information or to schedule a private meeting, contact:

Prakas & Co. – Florida’s #1 Hospitality Brokerage
📞 Office: 561.368.0003
📧 tom@prakascompany.com | chas@prakascompany.com | nick@prakascompany.com
🌐 www.prakascompany.com

• Size: ±72,789 SF Total Assemblage (1.67 Acres)
• Lease: Flexible – Long-term ground lease, build-to-suit, or outright sale considered
• Year built: 2025
• Infrastructure Included: Full waterfront infrastructure (dockage, utilities, grease trap capacity, valet access) – ready for shell or vertical development
• Zoning: Commercial / Mixed-Use / Hospitality Eligible (supports restaurant, hotel, or Live Local residential)
• Concept Exclusion: None – ownership is open to all high-end restaurant, hospitality, or mixed-use concepts
• Current Tenants: Vacant Land – formerly Marina Mar site
• Years in Business: N/A (redevelopment site)