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. Tenant's renewal option runs through June 2032. 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 flexibility for a wide variety of commercial uses. Potential assemblage opportunity nearing properties for sale.
Listed By
Agency Name: The Keyes Company
Agency Phone: 954-467-0105
Shown By
Agent Name: Beatriz Meza
Agent Phone: Cell: (954) 214-5969
Agency Title: Realty 100
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4820 N Federal Highway | MLS# B26059842
This commercial property located at 4820 N Federal Highway, Lighthouse Point, FL 33064 is currently listed for sale with an asking price of $4,500,000. Search Lighthouse Point real estate on bmeza.realty100.com today.