Rare 2. 01 acre development site in prime Lighthouse Point, FL along US 1 Federal Hwy.
| Website: | https://www.nestseekers.com/5307589 |
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| Address: | Lighthouse Point, FL 33064 |
| Ownership: | For Sale |
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| Type: | Unknown |
| Lot Size: | 2.0 Acres |
Financials
Price:$9,400,000
Annual Taxes:$30,258
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.
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of The Keyes Company | |
