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$9,400,000
Est. payment /mo
2.01 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10508592
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 87556
Year Built 1975
Annual Tax Amount $30,258
Tax Year 2024
Lot Size 2.010 Acres
Property Sub-Type Commercial
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 mixed-use project: 200+ 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.
Location
State FL
County Broward County
Area North Broward Us1 To Dixie Hwy (3311-3342)
Zoning B-3A
Exterior
Water Access N
Private Pool No
Building
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Other Terms
Listing Terms Cash, Other Terms
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Listed by The Keyes Company
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