4820 N FEDERAL Highway, Lighthouse Point FL 33064
Retail in Lighthouse Point
$4,500,000
Listing courtesy of The Keyes Company; Dodley Emmanuel Jr.. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
n/a
n/a
n/a
Retail, Commercial Sale
Details
Overview
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.
This retail home located at 4820 N FEDERAL Highway, Lighthouse Point FL 33064 is currently for sale and has been available on Brickellsold for 1 day. This property is listed at $5M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1975. 4820 N FEDERAL Highway, Lighthouse Point FL 33064 is in Lighthouse Point county Broward County.
Interior
- Flooring:
- Common walls with other units/homes:
Property
- Parking Features: Common,Free Parking
- Entry location:
- Exterior Features:
- View Description:
Construction
- Year Built: 1975
Community & HOA
- Security Features: No Fire Protection, No Security
- Amenities: