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FORT LAUDERDALE — A mammoth apartment complex with enough units for nearly 1,000 families would bring new life to a forlorn property that served as one of Fort Lauderdale’s largest mobile home parks for nearly six decades.
The Pan American Estates trailer park, once home to more than 200 families, would be transformed by a new 25-acre development that calls for 10 buildings ranging from five to eight stories. The land at 150 NW 68th St. sits south of McNab Road and west of Andrews Avenue, several blocks north of Cypress Creek Road not far from the Pompano Beach border.
The 978-unit project would be completed in 2031 and developed in three...
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People always ask why I am able to predict the future with such accuracy. It’s simply because I try to employ common sense. I wrote about a decade ago that mobile home parks – in the absence of doubling or tripling lot rent – would all ultimately be bulldozed to make way for apartments. The reason is simple. You can stack apartments four or five high on the same ground space as one mobile home park lot. So here’s the reality of that prediction coming to fruition in Fort Lauderdale where one single 200 lot mobile home park can hold 978 new luxury apartments.
The correct title to this article should be:
LOW MOBILE HOME PARK LOT RENTS YIELD REDEVELOPMENT: IT’S NOT ROCKET SCIENCE

