One of the World’s Premier Beachfronts

No longer the Spring Break capital it once was, Fort Lauderdale has shed its past to become one of the nation’s most sought after places to live. Included in this redevelopment are world renowned names such as Donald Trump, W Hotels, The Related Group, Hilton, and The Ritz Carlton Hotel. Condo prices range from $500,000 to $9 million in these new developments. Flourishing condo development has increased the density of affluent residents and tourists in Beach Place’s immediate vicinity.

Local Attractions & Events

Fort Lauderdale Beach features an array of shops, restaurants, sidewalk cafes and entertainment venues. The area is home to the Las Olas Marina and Fort Lauderdale Aquatics Center, as well as numerous major events including the Air and Sea Show, Greater Fort Lauderdale International Boat Show, Beachfest, Oceanfest and numerous other festivals and special events. Through the cooperative efforts of residents, businesses and local government, Fort Lauderdale Beach has been successfully transformed into a beautiful, friendly, and exciting destination that families can enjoy year round.

Additionally, Fort Lauderdale is considered the yachting capital of the world. Beach Place is steps away from Bahia Mar which holds 100 mega-yacht berths, more than any other marina in Florida, accommodating vessels up to 250 feet!

Rapidly Growing Tourist Destination

In 2005, Ft. Lauderdale welcomed a record number of 10.35 million annual visitors to the area, who spent an estimated $8.76 billion. Ft. Lauderdale Beach draws tourists because of its concentration of large-scale hotels and its famous beachfront, which is unquestionably the region’s most popular beach. The typical tourist profile is increasingly affluent, and primarily from the northeastern US and Canada, with a growing representation of European and South American visitors.

Attached Resort Hotel

Beach Place serves as the entrance to the Marriott Beach Place Towers, a 19-story, 412-room luxury hotel that is Marriott’s #1 timeshare resort in the chain. Existing provisions allow the Marriott to drive their customers to Beach Place for food and beverage services. This represents a long-term captive driver of center traffic and sales, particularly in the dominant restaurant categories.

Outstanding Access & Traffic Counts

Beach Place is situated directly on Route A1A, the primary thoroughfare along Ft. Lauderdale Beach. Traffic counts on Route A1A are approximately 40,000 vehicles per day.

Dominant Sales Performance

Average restaurant sales are $700 per square foot. Small shop sales are $400 per square foot.

Major Tenants

CVS, Maui Nix, Da Big Kahuna, Hooters, Sonic, Fat Tuesdays, Soprano’s Piano Bar, and Haagen Dazs.