- beds
- —
- baths
- 0
- sq ft
- 1,963
- Built
- 1975
4820 N FEDERAL Highway
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.
Listing last checked: Listing updated:
Listed by Dodley Emmanuel Jr. · The Keyes Company · MLS #B26059842
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Details at a glance
Interior2 property facts
- Heating
- Central
- Cooling
- Central Air
Building4 property facts
- Style
- Retail
- Year built
- 1975
- Parking
- 35
- Roof
- Composition, Concrete, Flat
Land & utilities4 property facts
- Lot size
- 1.14 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- B-3A
Financial2 property facts
- Annual taxes
- $30,591
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $4,500,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$25,304 / monthAdjust
- Principal & interest
- $22,754
- Property tax
- $2,549
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $30,591. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$9,400,000 · Jun 11, 2025
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About 4820 N FEDERAL Highway
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