PRICED AT ONLY: $9,400,000
Address: 4820 Federal Hwy, Lighthouse Point, FL 33064
Description
Rare 2.01 acre development site in prime Lighthouse Point, FL along US 1/Federal Hwy. Assemblage includes 3 income producing commercial properties with $320K NOI, offering low holding risk during redevelopment. Two tenants on NNN leases through 2027 with options. Ideal for a medical facility, mixed use project: multifamily units over 10,000 SF retail/restaurant space. High visibility corner site with strong zoning change potential. Capitalize on demand for walkable, amenity rich living in a sought after coastal market. Ideal for developers seeking both immediate cash flow and long term upside. Preliminary concept includes structured and surface parking, optimizing land use and tenant convenience.
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- MLS#: F10508592 ( Commercial/Industrial )
- Street Address: 4820 Federal Hwy
- Viewed: 15
- Price: $9,400,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1975
- Bldg sqft: 0
- Days On Market: 139
- Acreage: 2.01 acres
- Additional Information
- County: BROWARD
- City: Lighthouse Point
- Zipcode: 33064
- Provided by: The Keyes Company
- Contact: Dodley Emmanuel
- (954) 467-0105
- DMCA Notice
Features
Building and Construction
- Typeof Building: Commercial, Free Standing, Professional, Retail Space
- Year Built Description: Resale
Property Information
- Property Description: Redevelopment Contiguous Sale
- Transaction Type Mlx: Sale
- Typeof Property: Commercial
Land Information
- Lot Sq Footage: 87556
- Total Acreage: 2.0100
Finance and Tax Information
- Tax Year: 2024
Other Features
- Board Identifier: BeachesMLS
- Country: United States
- Geographic Area: North Broward Us1 To Dixie Hwy (3311-3342)
- Information Available: Aerial Photo(S), Existing Survey
- Legal Description: 7-48-43 S 165.40 OF S1/2 OF SEC 7 LYING E OF 120 R/W FOR US 1 & W OF A/L 300 E OF & PARALLEL TO US 1, LESS S 30 OF W 30
- Parcel Number Mlx: 0540
- Parcel Number: 484307000540
- Postal Code + 4: 6514
- Sale Includes: Building & Land
- Views: 15
- Zoning Information: B-3A
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
