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1941 NE 34th Ct 6,286 SF Retail Building Lighthouse Point, FL 33064 $4,500,000 ($715.88/SF)
Executive Summary
Rare opportunity to acquire a unique two-parcel commercial portfolio in prestigious Lighthouse Point for a combined purchase price of $4,500,000. The offering includes a freestanding commercial property with 140' of prominent frontage on Federal Highway, formerly operated as a Thrifty Car Rental. This high-visibility site offers excellent signage, ample parking, and exposure to affluent surrounding demographics—ideal for retail, showroom, or service-oriented users. Included directly west is 1941 NE 34 Ct., a highly functional industrial/commercial facility purpose-built for automotive operations. The property features approximately 6000 sqft between the covered area and overhang, including a professional-grade custom spray booth for auto finishing.
Designed for efficiency and high-volume operations, the facility offers 7 bay doors, multiple vehicle lifts, and a large side yard capable of accommodating up to 60 vehicles. Additional features include a manager's office, an employee locker room with a shower, a fenced, secure lot, and additional storage. Zoned B-3A & RD-10 (APN: 4843 19 07 0030) Combined lot size is approximately 36,320 SF. Property is zoned for automotive and marine-related uses, offering excellent flexibility for a variety of commercial operations. Approximately $100,000 has been invested in recent landscaping. Other Property upgrades include: -upgraded office spaces, the addition of a kitchen area, exterior paint, refurbishment of the front overhang roof, and resurfacing/restriping of the front asphalt parking area. The property has been brought up to code for occupational licensing and is equipped with an ADT security system servicing both buildings. Additional features include HVAC in the front office and rear building, hurricane-rated garage bay doors, and a new roof installed on the rear building in 2023.
Designed for efficiency and high-volume operations, the facility offers 7 bay doors, multiple vehicle lifts, and a large side yard capable of accommodating up to 60 vehicles. Additional features include a manager's office, an employee locker room with a shower, a fenced, secure lot, and additional storage. Zoned B-3A & RD-10 (APN: 4843 19 07 0030) Combined lot size is approximately 36,320 SF. Property is zoned for automotive and marine-related uses, offering excellent flexibility for a variety of commercial operations. Approximately $100,000 has been invested in recent landscaping. Other Property upgrades include: -upgraded office spaces, the addition of a kitchen area, exterior paint, refurbishment of the front overhang roof, and resurfacing/restriping of the front asphalt parking area. The property has been brought up to code for occupational licensing and is equipped with an ADT security system servicing both buildings. Additional features include HVAC in the front office and rear building, hurricane-rated garage bay doors, and a new roof installed on the rear building in 2023.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,286 SF
Building Class
C
Year Built
1964
Price
$4,500,000
Price Per SF
$715.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.40 AC
Zoning
B3-A - B3-A Lighthouse Point. Retail
Parking
60 Spaces (9.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 48-43-19-07-0020 | Improvements Assessment | $366,340 |
| Land Assessment | $434,600 | Total Assessment | $800,940 |
Property Taxes
Parcel Number
48-43-19-07-0020
Land Assessment
$434,600
Improvements Assessment
$366,340
Total Assessment
$800,940
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1941 NE 34th Ct