U.S. 1 1.1 Acres of Commercial Land Offered at $4,075,000 in Lake Park, FL 33403

This 1.1-acre redevelopment site along US-1 in Lake Park, Florida, presents a rare opportunity to capitalize on one of the region’s most dynamic growth corridors. Positioned directly across from Kelsey Park and within walking distance to the Intracoastal Waterway, the property offers unmatched visibility and access along a high-traffic thoroughfare with an AADT of 30,000 vehicles. Zoned for Mixed Use, the site supports a wide range of commercial and residential applications, including the potential for vertical development up to six stories on western parcels, maximizing water views and density potential.
The surrounding area is experiencing significant revitalization, highlighted by the completion of Nautilus 220 luxury waterfront residences and the upcoming Northlake Promenade mixed-use project. This location benefits from strong demographics, with a projected 2026 median household income exceeding $77,000 within a one-mile radius and continued population growth. Proximity to major employment centers, retail destinations, and lifestyle amenities further enhances the site’s long-term value proposition.