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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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$4,500,000
Est. payment /mo
1,963 SqFt
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UPDATED:

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

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

Direction GOOGLE MAPS

Interior

Heating Central

Cooling Central Air

Exterior

Utilities Available Electricity Available, Sewer Available

Roof Type Composition,Concrete,Flat,Tile

Total Parking Spaces 35

Private Pool Yes

Building

Lot Description 1-2 Acres

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Block

Others

Senior Community No

Tax ID 484307000540

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Keyes Company
Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL 33331

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4820 N FEDERAL HWY