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4820 N FEDERAL Highway

Lighthouse Point, FL 33064

MLS#: B26059842

$4,500,000

Status: Active
Listing number: B26059842
Listing provided by: The Keyes Company
Listing agent phone: None
Last update: 4 hours ago
On site: a month ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1975

Sq.Footage

1,963

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Common

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    1.14

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $4,500,000

  • Tax Amount

    $30,591.08

  • Sq. Footage

    1,963

  • Price/SqFt

    $2,292

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Broward

Elementary School

Middle School

High School

Listing Courtesy of Dodley Emmanuel Jr., The Keyes Company

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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.

4820 N FEDERAL Highway

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Related Properties

Rare opportunity to acquire a unique two-parcel commercial portfolio in prestigious Lighthouse Point for a combined purchase price of $4,500,000. The offering includes a freestanding commercial property with 140' of prominent frontage on Federal Highway, formerly operated as a Thrifty Car Rental. This high-visibility site offers excellent signage, ample parking, and exposure to affluent surrounding demographics—ideal for retail, showroom, or service-oriented users. Included directly west is 1941 NE 34 Ct., a highly functional industrial/commercial facility purpose-built for automotive operations. The property features approximately 6000 sqft between the covered area and overhang, including a professional-grade custom spray booth for auto finishing. Designed for efficiency and high-volume operations, the facility offers 7 bay doors, multiple vehicle lifts, and a large side yard capable of accommodating up to 60 vehicles. Additional features include a manager's office, an employee locker room with a shower, a fenced, secure lot, and additional storage. Zoned B-3A & RD-10 (APN: 4843 19 07 0030) Combined lot size is approximately 36,320 SF. Property is zoned for automotive and marine-related uses, offering excellent flexibility for a variety of commercial operations. Approximately $100,000 has been invested in recent landscaping. Other Property upgrades include: -upgraded office spaces, the addition of a kitchen area, exterior paint, refurbishment of the front overhang roof, and resurfacing/restriping of the front asphalt parking area. The property has been brought up to code for occupational licensing and is equipped with an ADT security system servicing both buildings. Additional features include HVAC in the front office and rear building, hurricane-rated garage bay doors, and a new roof installed on the rear building in 2023.
#B26046133

Lighthouse Point

3400 N Federal Highway

None Beds

None Baths

6,286 Sq.Ft.

$4,500,000

MLS#: B26046133

- property

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