Galt Ocean Plaza Retail
For Sale
Contact for pricing
3302 NE 34th St 3334, Fort Lauderdale, FL 33308
Prime retail space in Fort Lauderdale's desirable beachside corridor.
Property Size26,651 SF
Price / SF$3.52
Days on Market188
Property Features for 3302 NE 34th St 3334
General Information
Standard status
Active
Size
26,651 SF
Property subtype
Commercial
Site & Location
Neighborhood
Gmca
Taxes and HOA fees
Annual Taxes
$124,088
Building Details
Building Size
26,651 SF
Year Built
1964
Listing Agency:
Current Capital Realty
Listed By:
Caio Martin · License #3251304
(781) 367-1454
Source:
Elliman
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 26 at 5:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Current Capital Realty
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Investment Insights
Based on property information with market context.
Located in Galt Ocean Plaza, this retail or boutique space offers approximately 1,620 square feet of flexible, open layout. The unit features an elongated showroom-style floorplan suitable for retail, gallery, beauty concepts, salon, specialty boutique, wellness services, or showroom use. The space includes a welcoming retail area with a reception counter, high ceilings, tile flooring, and a clean, modern interior. Toward the rear of the unit, there are additional rooms suitable for storage, office, or treatment rooms, along with a private restroom. The efficient layout allows for product display, retail merchandising, or service-oriented business operations. The storefront location provides visibility within the plaza and benefits from traffic generated by the surrounding Galt Ocean Mile residential towers. Galt Ocean Plaza is positioned in one of Fort Lauderdale’s beachside corridors with nearby condominium units creating a customer base for neighborhood-serving retail and service businesses. Ideal uses include boutique retail, salon, beauty concepts, wellness services, design showroom, floral shop, specialty retail, gallery, or professional services. Ample parking is available for tenants and customers.
Key Highlights
- Prime retail space in Galt Ocean Plaza with high visibility and consistent traffic.
- Flexible, open 1,620 SF layout suitable for various retail, service, or showroom uses.
- Located in a desirable beachside corridor with a large, built‑in customer base from nearby residential towers.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,857
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,140
$577.1K
Cap Rate 7%
$412,243
$412.2K
Cap Rate 9%
$320,633
$320.6K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$44.7K $27.60/SF
− Vacancy
−$3.5K −$2.15/SF
EGI
$41.2K $25.45/SF
− OpEx
−$12.4K −$7.63/SF
NOI
$28.9K $17.81/SF
Area
Fort Lauderdale, FL
Vacancy
7.80%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,140
Cap Rate 7%
$412,243
Cap Rate 9%
$320,633
Alternative Uses
Best Use
Retail
$412.2K
$360.7K – $481.0K
NOI $28,857 @ 7.0% cap · market cap 506.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$952.6K – $1.27M
NOI $76,205 @ 7.0% cap · market cap 1,336.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,515
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Groceries 27%
Dining 17%
Hotels & Casinos 5%
Speedway
Shops & Services
25,545 visits/mo
0.3 miles
Winn-Dixie
Groceries
16,874 visits/mo
0.4 miles
Las Vegas Cuban Cuisine
Dining
6,012 visits/mo
0.4 miles
Dunkin' Donuts
Dining
3,953 visits/mo
0.4 miles
Residence Inn by Marriott
Hotels & Casinos
3,375 visits/mo
0.1 miles
Demographics for 33308, FL
29,519
Population
23,230
Households
1.3
Avg Household Size
57
Median Age
56%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
6,417
Density / Sq Mi
$83,413
Median Household Income
$58,600
Median Earnings
$1,850
Median Rent
$536,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space in Fort Lauderdale's desirable beachside corridor.
Where is this retail space located?
The property is located at 3302 NE 34th St 3334 Fort Lauderdale, FL.
What are key features of this property?
This property features: Prime retail space in Galt Ocean Plaza with high visibility and consistent traffic.; Flexible, open 1,620 SF layout suitable for various retail, service, or showroom uses.; Located in a desirable beachside corridor with a large, built‑in customer base from nearby residential towers.
