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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
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
Building
Construction Status Resale
Others
Acceptable Financing Cash, Other Terms
Listing Terms Cash, Other Terms
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Listed by The Keyes Company
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