
Contiguous Mixed-Use Redev Opportunity
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Contiguous Mixed-Use Redev Opportunity Portefeuille à vendre 3 biens 8 207 140 € Lighthouse Point, FL



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- High-profile, contiguous development site in Lighthouse Point, Florida
- Site consists of three tenant-occupied commercial properties generating immediate income while holding for development
- Tremendous Upside in a High-Income, Growth-Oriented Coastal Community
- ±2.01-acre assemblage offers significant redevelopment potential
- Proposed redevelopment envisions a vibrant mixed-use project with retail or restaurant space on the ground floor & multifamily residential units above
- 320 FT of Frontage on Major Corridor with 35,000+ VPD Traffic
RÉSUMÉ ANALYTIQUE
This is a rare opportunity to acquire a high-profile, contiguous development site in Lighthouse Point, Florida—one of Broward County's most sought-after coastal communities. Located along the high-traffic corridor of US-1/Federal Highway, this ±2.01-acre assemblage offers significant redevelopment potential. The site consists of three tenant-occupied commercial properties generating immediate income and presenting a strong value-add or repositioning opportunity through zoning changes. The proposed redevelopment envisions a vibrant mixed-use project with retail or restaurant space on the ground floor and multifamily residential units above, consistent with the growing demand for walkable, amenity-rich living environments in affluent suburban markets.
The envisioned redevelopment plan capitalizes on the site’s high visibility and corner frontage to deliver a vibrant , walkable mixed-use environment. Preliminary concept includes: 100 + Multifamily Residential Units, Designed for modern urban living, these units will address strong demand in the Lighthouse Point corridor, with potential for Class A rental product or luxury condominiums. ±10,000 SF Ground-Level Retail/Restaurant Space, Positioned directly along Federal Highway and NE 21st Street to attract premium tenants—ideal for dining, boutique retail, or service-based businesses. Structured & Surface Parking Incorporating hybrid parking strategies to support both residents and commercial traffic while maximizing land use.
Currently generates a net operating income of approximately $320,000 annually, providing investors with immediate cash flow during entitlement and redevelopment planning. This built-in income reduces holding risk while pursuing rezoning and project approvals. offering a rare chance to hold income-generating property while navigating the entitlement and site design process. 2 out of 3 current tenants are on NNN leases until 2027 with options
NDA SIGNED TO RELEASE OFFERING MEMORANDUM
The envisioned redevelopment plan capitalizes on the site’s high visibility and corner frontage to deliver a vibrant , walkable mixed-use environment. Preliminary concept includes: 100 + Multifamily Residential Units, Designed for modern urban living, these units will address strong demand in the Lighthouse Point corridor, with potential for Class A rental product or luxury condominiums. ±10,000 SF Ground-Level Retail/Restaurant Space, Positioned directly along Federal Highway and NE 21st Street to attract premium tenants—ideal for dining, boutique retail, or service-based businesses. Structured & Surface Parking Incorporating hybrid parking strategies to support both residents and commercial traffic while maximizing land use.
Currently generates a net operating income of approximately $320,000 annually, providing investors with immediate cash flow during entitlement and redevelopment planning. This built-in income reduces holding risk while pursuing rezoning and project approvals. offering a rare chance to hold income-generating property while navigating the entitlement and site design process. 2 out of 3 current tenants are on NNN leases until 2027 with options
NDA SIGNED TO RELEASE OFFERING MEMORANDUM
DATA ROOM Cliquez ici pour accéder à
- Offering Memorandum
INFORMATIONS SUR L’IMMEUBLE
Biens
NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
---|---|---|---|---|
4800 N Federal Hwy, Lighthouse Point, FL 33064 | Local commercial | 167 m² | 1968 | - |
4820 N Federal Hwy, Lighthouse Point, FL 33064 | Local commercial | 301 m² | 1976 | - |
Land
NE 48th St, Lighthouse Point, FL 33064 |
Terrain | 0,07 ha | - | - |
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Contiguous Mixed-Use Redev Opportunity
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