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Property profile & analytics
OFF-MARKET
Estimated value
$1,920,000
Auto shops
1941 34th Ct Lighthouse Point, FL 33064-7519
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5306593
Property summary
AI-generated overview
Exceptional opportunity to acquire a well-established auto body and paint facility located at 1941 NE 34th Ct, Lighthouse Point, FL 33064. This 4,822 square foot building, constructed in 1959, sits on a sizable lot and is zoned B-3A & RD-10 (APN: 4843 19 07 0030). The property boasts a professional-grade custom spray booth ideal for high-quality auto finishing. The spacious layout includes seven bay doors, multiple vehicle lifts, and a large side yard offering ample storage for up to 60 vehicles. Modern amenities include a manager's office and an employee locker room complete with a shower. The property is fully fenced, providing a secure environment with additional exterior storage space. Asking price is $2,650,000. This turnkey operation is perfect for a high-volume auto repair or bodywork business seeking a well-equipped and established location in a desirable area. The property's size, amenities, and zoning make it an attractive investment opportunity.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1960
Construction
CONCRETE
Total area
4,822 SF
Lot
0.43 ac (18,936 SF)
Zoning code
B-3A
APN
48-43-19-07-0030
UPID
US18-5306593
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.92M
Owner & transaction history
Serig Designs Corp · 1 yrs held
Serig Designs Corp
since 2025
Last sale
$1.7M
4 recorded transactions
Zoning & alternative use
B-3A · Lighthouse Point, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Special Business Districts
General category
COMMERCIAL
Zone area
100.21 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lighthouse Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lighthouse Point submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,105,000
ML approach
$2,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,150,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.92M
Range $1.73M – $2.11M · ±10% · vs last sale $1.73M (Mar 10 2025)
Last sale anchor
$1.73M
Mar 10 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$398 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,101
Tax year 2023
Assessed value
$857,240
Assessed 2023
Previous assessed
$832,590
+3.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$284,040
Assessed improvement
$573,200
Land market value
$284,040
Improvement market value
$573,200
Total market value
$857,240
Applied tax rate
1,411.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
4,822 SF
Lot
0.43 ac (18,936 SF)
Zoning code
B-3A
APN
48-43-19-07-0030
UPID
US18-5306593
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3A · Lighthouse Point, FLZoning B-3A · permitted uses
B-3A · Lighthouse Point, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Special Business Districts
General category
COMMERCIAL
Zone area
100.21 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Serig Designs Corp
Entity
Mailing address
17553 FIELDBROOK CIR E, BOCA RATON, FL 33496-1563
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2025
$1,725,000
Serig Designs Corp
Urgent Dental LLC
Special Warranty Deed
$1,225,000 · Urgent Dental LLC
Dec 4, 2015
$950,000
Urgent Dental LLC
Somoza Holding LLC
Warranty Deed
—
Nov 20, 2014
$765,000
Somoza Holding LLC
Antolino,giuseppe & Filomena
Grant Deed
$685,000 · Giuseppe & Filomena Antolino
Nov 17, 2004
$900,000
Ciliento Realty Fl LLC
Chamy,ramez & Lorraine
Warranty Deed
$590,000 · Ramez & Lorraine Chamy
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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