
$4,500,000
Retail Property for Sale, 4820 N FEDERAL Highway, Lighthouse Point, Florida 33064
- MLS#B26059842
Listed By The Keyes Company
The Retail Property for Sale located at 4820 N FEDERAL Highway, Lighthouse Point, Florida 33064 is currently for sale.
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. 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.
Location
4820 N FEDERAL Highway, Lighthouse Point, Florida 33064
Property features
Construction
- Year built: 1975
- Roofing: CompositionConcrete
- Roof type: Flat
- Construction: Concrete/Block
Parking/Garage
- Parking description: Common Lot
Heating and Cooling
- Heating System: Central
- Cooling System: Central AC
Utilities
- Other utilities: PublicPublic Sewer