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Lighthouse Orthopaedic 1821 NE 25th St 7,114 SF Office Building Lighthouse Point, FL 33064 $3,700,000 ($520.10/SF)
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Investment Highlights
- Single-story layout allowing for efficient patient access and circulation, minimizing vertical movement and improving the overall patient experience.
- Strong visibility along NE 25th Street with convenient ingress and egress, enhancing storefront presence and making it easy for patient access.
- Private on-site parking field with 46 spaces (6.5/1,000 SF) supporting high patient volumes, reducing parking constraints and enhancing convenience.
- Divisible configurations accommodate multiple tenants, offering long-term flexibility for phased occupancy, subleasing, or multi-specialty tenancy.
- Flexible configurations for outpatient healthcare uses, allowing for specialties ranging from primary care to imaging, therapy, and surgical consults.
- Opportunity to replace rent with ownership, leveraging SBA financing to control occupancy costs while building equity and capturing tax benefits.
Executive Summary
1821 NE 25th Street presents a compelling owner/user or investment opportunity with built-in income and long-term flexibility. The 7,114-square-foot multi-tenant medical office building sits on 0.67 acres in Lighthouse Point and features 46 on-site parking spaces (6.5/1,000 square feet), supporting convenient patient access.
An owner/user can occupy up to 4,890 square feet while the seller is willing to lease back 2,224 square feet, providing immediate in-place income to offset occupancy costs. The single-story layout and flexible, divisible floor plan accommodate a wide range of outpatient medical uses, including primary care, urgent care, physical therapy, imaging, dialysis, cardiology, orthopedics, dental, and behavioral health. Impact-resistant windows add storm resiliency, while proximity to a dense healthcare corridor with numerous pharmacies further supports long-term demand.
Offering strong visibility along NE 25th Street with easy ingress and egress, 1821 NE 25th Street is positioned just off Federal Highway, a corridor that sees roughly 50,000 vehicles per day (VPD), enhancing exposure and accessibility. Combined with the ability to replace rent with ownership through SBA financing, this offering provides a strategic path to control occupancy costs, build equity, and benefit from tax advantages.
An owner/user can occupy up to 4,890 square feet while the seller is willing to lease back 2,224 square feet, providing immediate in-place income to offset occupancy costs. The single-story layout and flexible, divisible floor plan accommodate a wide range of outpatient medical uses, including primary care, urgent care, physical therapy, imaging, dialysis, cardiology, orthopedics, dental, and behavioral health. Impact-resistant windows add storm resiliency, while proximity to a dense healthcare corridor with numerous pharmacies further supports long-term demand.
Offering strong visibility along NE 25th Street with easy ingress and egress, 1821 NE 25th Street is positioned just off Federal Highway, a corridor that sees roughly 50,000 vehicles per day (VPD), enhancing exposure and accessibility. Combined with the ability to replace rent with ownership through SBA financing, this offering provides a strategic path to control occupancy costs, build equity, and benefit from tax advantages.
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Property Facts
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
7,114 SF
Building Class
C
Year Built/Renovated
1964/2016
Price
$3,700,000
Price Per SF
$520.10
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,114 SF
Building FAR
0.24
Lot Size
0.67 AC
Zoning
B-1 Neighborhood Business - Zoned B-1, Neighborhood Business District. Zoning allows for Medical, Dental, Professional Offices and various retail uses
Parking
46 Spaces (6.47 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 48-43-19-00-0351 | Improvements Assessment | $1,296,110 |
| Land Assessment | $435,380 | Total Assessment | $1,731,490 |
Property Taxes
Parcel Number
48-43-19-00-0351
Land Assessment
$435,380
Improvements Assessment
$1,296,110
Total Assessment
$1,731,490
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