3400 Federal

Description

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.