4820 N Federal Highway, Lighthouse Point, FL 33064
- $4,500,000
- List Price
- $4,500,000
- Days on Market
- 39
- MLS#
- B26059842
- Year Built
- 1975
- Acres
- 1.14
Property Description
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. The tenant's option to renew is approaching, and 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 exceptional flexibility for a wide variety of commercial uses. Potential assemblage opportunity to create 2 acres.
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Additional Information
- Taxes
- $30,591
- Community Features
- Not Found
- Property Description
- Commercial Condo, Commercial, Office/Retail, Retail, Store/Warehouse Combination
- Zoning
- B-3A
- Utilities
- Electricity Connected, Electricity Available, Sewer Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Concrete Block With Brick
- Roof
- Composition Roll, Concrete, Flat Tile, Flat Roof With Facade Front
Listing Courtesy Of The Keyes Company, Contact: