5940 SW 37th AvenueDania Beach, FL 33312Price: $4,990,000

Rare opportunity to acquire a brand-new construction 7,500+ sq ft private compound on approx. 0.5 acre in Fort Lauderdale, pre-built with infrastructure to support conversion into a single-family residence, subject to city requirements. Currently configured as a high-end institutional-style property, the layout offers exceptional scale, privacy, and flexibility for a luxury residence, multi-generational estate, private family compound, or live/work-style estate. The property features a grand central gathering space that can be reimagined as an open-concept living room, formal entertaining area, theater, lounge, or recreation space. Additional areas include a dining/social hall, study/library with built-ins, multiple bathrooms, offices, kitchen/dining setup, outdoor kitchen, gym/fitness room, game room, attached private living area, and an upstairs 2-bedroom / 1-bath apartment ideal for guests, in-laws, extended family, staff, caretaker use, or live-in help. With costly infrastructure already in place, this property offers a head start for a buyer seeking a custom private estate. Parking for approx. 25–30 vehicles is ideal for large families, entertaining, staff, guests, or car collectors. An optional 17,000 sq ft rear lot may also be available, offering upside for a pool, guest house, sports court, garden, or expanded estate grounds. A unique South Florida property combining new construction, scale, privacy, infrastructure, and residential conversion potential.