4820 Federal Hwy Lighthouse Point, FL 33064
For Sale
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This exceptional 1,969 square foot, Class A retail building, located at 4820 Federal Hwy in Lighthouse Point, Florida, presents a compelling redevelopment opportunity. Currently occupied by First Horizon Bank under a NNN lease with 2.5 years remaining and a 5-year option, the property offers a stable income stream until 05/31/2027. Situated on a substantial 1.14-acre lot, the single-story building boasts high visibility on Federal Highway (approx. 41,000 vehicles per day), surrounded by major retailers including McDonald's, Walmart, and Target. The B-3A zoning allows for a wide range of uses, maximizing flexibility for future development. Built in 1976, this freestanding building offers significant upside potential for investors seeking a prime location in a thriving Broward County market. The property's strong tenant, favorable lease terms, and expansive lot size combine to create a unique investment opportunity. The asking price is $4,500,000, translating to $2,285.42 per square foot. This is a rare chance to acquire a well-positioned asset with substantial redevelopment potential in a desirable coastal community. The APN is 4843 07 00 0540.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3A · Lighthouse Point, FLLighthouse Point. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
