4820 N FEDERAL Highway, Lighthouse Point, FL 33064

About This Home

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.

Property Details

Heating

Central

Cooling

Central Air

Parking Features

Common, Free Parking

Building & Association

Stories

1

Stories Total

1

Association

No

Security Features

No Fire Protection, No Security

Lot & Construction

Lot Features

1 To Less Than 2 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block With Brick

Roof

Composition Roll, Concrete, Flat Tile, Flat Roof With Facade Front

New Construction

No

Public Records

Parcel Number

484307000540

Tax Annual Amount

$30,591

Tax Year

2,025

Zoning

B-3A

County Or Parish

Broward County

Location