1941 NE 34th Ct - Freestanding FOR SALE


Lighthouse Point, FL 33064- Outer Pompano Beach/Deerfield Beach
$4,500,000 USD
561-843-7828
1941 NE 34th Ct, Lighthouse Point, FL for Sale
$4,500,000 USD
Freestanding - FOR SALE
1/66
null | Request Cap Rate

1941 NE 34th Ct
Lighthouse Point, FL 33064
Outer Pompano Beach/Deerfield Beach


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$2,901 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Auto Repair, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

B3-A

APN/PARCEL ID

48-43-19-07-0020,48-43-19-07-0030

ASK ABOUT THIS PROPERTY

Jonathan PostmaColdwell Banker Residential BrokerageMore Info
561-843-7828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jonathan PostmaColdwell Banker Residential BrokerageMore Info
561-843-7828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.