Listed by Flagler Duval Real Estate, The Keyes Company, The Keyes Company Fort Lauderdale
$9,400,000
4820 N Federal Highway
Details
APN 484307000540
Property Type Retail, Land
Sub Type Convenience Store, Auto Shop
Square Footage 89,001
Net Rentable (SqFt) 89,001
Occupancy 100%
Lease Type NNN
Class A
Year Built 1975
Buildings 3
Stories 1
Acreage 2.010
Zoning B-3A
Investment Type Value Add
Ground Lease No
Ownership Single
Retail | 89,001 SqFt
Marketing 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.
Investment highlights
High-profile, contiguous development site in Lighthouse Point, Florida
Site consists of three tenant-occupied commercial properties generating immediate income while holding for development
Tremendous Upside in a High-Income, Growth-Oriented Coastal Community
±2.01-acre assemblage offers significant redevelopment potential
Proposed redevelopment envisions a vibrant mixed-use project with retail or restaurant space on the ground floor & multifamily residential units above
320 FT of Frontage on Major Corridor with 35,000+ VPD Traffic
Listing Contacts
Listed by Flagler Duval Real Estate, The Keyes Company, The Keyes Company Fort Lauderdale
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