4820 N FEDERAL HWY, Lighthouse Point, FL 33064
4820 N FEDERAL HWY, Lighthouse Point, FL 33064
4820 N FEDERAL HWY, Lighthouse Point, FL 33064
4820 N FEDERAL HWY, Lighthouse Point, FL 33064
4820 N FEDERAL HWY, Lighthouse Point, FL 33064
4820 N FEDERAL HWY, Lighthouse Point, FL 33064
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$ 4,500,000
Est. payment | /mo

1,963 SqFt


$ 4,500,000
Est. payment | /mo

1,963 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,963 sqft

Price per Sqft $2,292

MLS Listing ID B26059842

Construction Status Resale

HOA Y/N No

Year Built 1975

Annual Tax Amount $30,591

Tax Year 2025

Lot Size 1.140 Acres

Acres 1.14

Property Sub-Type Retail

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.

Location

State FL

County Broward

Area 3221

Zoning B-3A

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Common, Free Parking

Utilities Available Electricity Available, Sewer Connected

Water Access Desc Multiple Meters,Public

Roof Type Composition,Concrete,Flat

Accessibility Accessibility Features

Total Parking Spaces 35

Building

Lot Description 1-2 Acres

Dwelling Type Retail

Story 1

Entry Level One

Sewer Public Sewer

Water Multiple Meters, Public

Level or Stories One

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 484307000540

Security Features None

Acceptable Financing Cash, 1031 Exchange, Other

Listing Terms Cash, 1031 Exchange, Other

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/4820-N-FEDERAL-Highway-Lighthouse-Point-FL-33064--B26059842/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Dodley Emmanuel Jr. The Keyes Company

NEARBY SCHOOL & BUSINESS

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Luciane Serifovic

Luciane Serifovic

CEO & FOUNDER License ID: 10491208575

+1(917) 567-8767

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4820 N FEDERAL HWY