Miami developer pays $9.6 million for site on Fort Lauderdale beach

July 20, 2016 5:49 PM

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Miami-based developer Key International paid $9.6 million for three-quarters of an acre on Fort Lauderdale beach and plans to build a hotel.

The parcels sit across the street from the beach near the Casablanca Cafe at 3017, 3021 and 3029 Alhambra St. in Fort Lauderdale. The city approved a 10-story hotel with 175 units for the site last year. A South Carolina developer was originally under contract to buy the land, according to the Real ...

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