Value-add redevelopment opportunity on 1.14± acres with prime Federal Hwy frontage in Lighthouse Point. Existing NNN lease provides passive income while positioning for future redevelopment. Tenant’s renewal option runs through June 2032. If not exercised, the property offers immediate occupancy while redevelopment plans move through the Town’s review process. The highest and best use may be vertical redevelopment. The Town has shown a willingness to consider quality proposals, and the surrounding demographics make senior housing, assisted living, medical office, or outpatient healthcare compelling concepts. The property’s most inclusive zoning classification provides flexibility for a wide variety of commercial uses. Potential assemblage opportunity nearing properties for sale.
- Heating System
- Cooling System
- Parking Features
- Roof:
- Tile, Flat, Composition, Concrete
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Lighthouse Point
- Zipcode:
- 33064
- Street:
- 4820 N Federal Highway, Lighthouse Point, Florida
- Longitude:
- W81° 54' 16''
- Latitude:
- N26° 17' 23.9''
- Building Area:
- 1,963 Sqft
- Business Type
- Construction Materials:
- Block, Brick
- Cumulative DOM:
- 1
- DOM:
- 1
- Directions:
- GOOGLE MAPS
- Electric
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 484307000540
- Stories Total:
- 1
- Structure Type:
- Retail
- Tax Annual Amount:
- $30,591
- Utilities
- Virtual Tour:
- Click Here
Commercial Sale For Sale
4820 N Federal Highway, Lighthouse Point, Florida, Lighthouse Point, Florida 33064
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $4,500,000
- Year Built :
- 1975
- MLS # :
- B26059842
- Property Sub Type :
- Retail
