Contiguous Mixed-Use Redev Opportunity 3 Properties Offered at $9,400,000 in Lighthouse Point, FL

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
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