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Property profile & analytics
OFF-MARKET
Retail space

3700 Ocean Blvd 3724 Fort Lauderdale, FL 33308-6451

28,064 SF 2.41 ac lot Built 1988
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US19-0823938
Property summary
AI-generated overview

This exceptional retail marketplace, located at 3700-4032 N Ocean Boulevard in Lauderdale-by-the-Sea, Florida (zip code 33308), offers 5,590 square feet of completely vacant space available for lease. The property is situated in Broward County and presents a unique opportunity for businesses seeking high-visibility locations. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,790 square feet. This makes it ideal for a variety of retail concepts, from individual boutiques to larger-scale operations. The property's prime beachfront location on Ocean Boulevard ensures high foot traffic and excellent visibility, attracting both local residents and tourists. The building's total square footage is 5,590 square feet, providing ample space for a diverse range of businesses. This is a rare opportunity to establish a presence in a thriving coastal community with strong demographics and high consumer spending. The address is easily accessible and benefits from excellent visibility and proximity to key transportation routes. Interested parties are encouraged to inquire about lease terms and availability. This is a turnkey opportunity to establish a successful retail business in a highly desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction CONCRETE
Total area 28,064 SF
Lot 2.41 ac (104,939 SF)
Zoning code CB
APN 49-43-19-09-0080
UPID US19-0823938
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
  • Flagstar Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gilgalt Ocean LLC · 1 yrs held
Gilgalt Ocean LLC
since 2025
Last sale
$35.4M
7 recorded transactions
2025
$35.4M
2018
Price N/A
2016
Price N/A
2012
Price N/A
2007
$26.7M
2007
$8.8M
2005
$20.2M
Zoning & alternative use
CB · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

istricts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB - Commercial Business CC - Commerce Center District CF - Community Facility CF-H - Community Facility/House of Worship CF-HS - Community…

Zone name Commercial Business
General category COMMERCIAL
Zone area 406.60 ac
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