Average square foot calculated using Size range provided by listing agent.
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.Show Description
MLS® NumberF10508592
Locker
Ensuite LaundryNo
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GarageNo
Approx. Age1975
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