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4820 N Federal Hwy, Lighthouse Point, FL 33064
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$9,400,000
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Home Details for 4820 N Federal Hwy
Price
$9,400,000
Type
Commercial/Industrial
Year Build
1975
Lot Size
2.01
County
Broward
Tax
$30,258
MLS®️ Listing#
F10508592
On exitrealty.com
163 days
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.
Listing Courtesy: The Keyes Company - (954) 648-3423
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445
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$9,400,000
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EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445