$9,400,000
Lighthouse Point, FL 33064
MLS# FX-10508592
1 / 9
Property Description
Rare 2.01-acre development site in prime Lighthouse Point, FL along US-1/Federal Hwy. Assemblage includes 3 income-producing commercial properties with +/-$320K NOI, offering low holding risk during redevelopment. Two tenants on NNN leases through 2027 with options. Ideal for a medical facility, mixed-use project: multifamily units over +/-10,000 SF retail/restaurant space. High-visibility corner site with strong zoning change potential. Capitalize on demand for walkable, amenity-rich living in a sought-after coastal market. Ideal for developers seeking both immediate cash flow and long-term upside. Preliminary concept includes structured and surface parking, optimizing land use and tenant convenience.
Details
Documents
Contract Information
Status: Active
Original List Price: 9400000
List Price: $9,400,000
Current Price: $9,400,000
Listing Date: 2025-06-11
General Property Description
Type: Office
For Sale: Yes
For Lease: No
Property Desc: Redevelopment Contig
Year Built: 1975
Built Desc: Resale
Acres: 2.01
Location Tax Legal
Area: 3321
County: Broward
Parcel ID: 484307000540
Street #: 4820
Street Dir: N
Street Name: Federal Highway
Zip Code: 33064
Legal Desc: 7-48-43 S 165.40 OF S1/2 OF SEC 7 LYING E OF 120 R/W FOR US 1 & W OF A/L 300 E OF & PARALLEL TO US 1, LESS S 30 OF W 30
Geo Lat: 26.290462
Geo Lon: -80.094637
Property Features
Sale Includes: Building and Land
Avail Docs: Aerial
Avail Info: Existing Survey
Terms Considered: Cash; Other
Offering Memorandum Listing Office: The Keyes Company
Last Updated: July - 29 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.