Spirit Airlines is auctioning off its Dania Beach headquarters next month as part of a large-scale liquidation effort following the carrier’s shutdown. 

The 8.5-acre complex at 1731 Radiant Drive will be auctioned July 22 in New York, the South Florida Business Journal reported. Non-binding indications of interest, including proposed stalking horse bids, are due by June 24. The stalking horse bidder is expected to be selected by July 8, and the final bid deadline is July 20. 

The property is a 615,600-square-foot campus with an office, parking garage, training facility and temporary housing for employees. Vacant space between the office and training facility could be developed for up to 180,000 square feet of additional office space, the outlet said. 

Interested buyers could bid for the entire campus or specific assets. The market value, including the land and buildings, is about $133 million, according to the Broward County Property Appraiser. 

Spirit Airlines acquired the property for $32.5 million in 2019, records show. The campus’ buildings were completed in 2024 for $250 million and located near Fort Lauderdale-Hollywood International Airport, which was Spirit’s largest operating base.

Broward County is considering buying the property for a new government building instead of developing one in Fort Lauderdale, The Real Deal previously reported. Officials would be willing to pay up to $100 million for the office building, parking garage, training facilities and vacant land, according to county documents. Commissioners will decide in a meeting this week whether the county can make a bid. 

The auction comes after Spirit Airlines ceased all operations last month. The budget carrier had been in hot water for years as other airlines have begun offering comparable fares. In 2024, a judge blocked a merger with JetBlue, and Spirit subsequently filed for bankruptcy twice.

Rising jet fuel costs due to the ongoing Iran war exacerbated Spirit’s financial struggles. After failing to achieve a $500 million federal bailout from the White House, the airline had no choice but to halt operations. 

This is the first major U.S. carrier to go out of business in 25 years, the South Florida Business Journal said. The shutdown eliminated nearly 3,300 jobs across South Florida. 

— Grace McClung

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