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Galt Ocean Place 3345-3347 NE 32nd St 3,612 SF 100% Leased Retail Building Fort Lauderdale, FL 33308 $1,983,682 CAD ($549.19 CAD/SF)


Investment Highlights
- Boutique Mixed-Use Asset in Galt Ocean Mile
- Positioned for Owner-Users and Investors
- Flexible Community Business Zoning (CB) Offering a Wide Range of Commercial Uses
- Walkable Coastal Location with Affluent Residential Base
Executive Summary
Blanca Commercial Real Estate is pleased to present Galt Ocean Place, a +/- 3,612 square foot mixed-use property featuring ground-floor retail space with two residential units on the second floor in Fort Lauderdale’s North Beach Restaurants and Shoppes district. The property’s current month-to-month tenancy provides a compelling opportunity for owner-users who are seeking a signature coastal location, as well as investors aiming to reposition the asset with new tenants. Further, the asset’s Community Business zoning (CB) permits a myriad of potential uses, supporting multiple operating and tenancy strategies.
Galt Ocean Place stands within a walkable coastal corridor anchored by a dense concentration of high-rise condominiums, providing an affluent customer base. This resident-driven environment supports consistent demand for neighborhood-serving retail and professional services. Together, the property’s mixed-use configuration, expansive zoning allowances, and irreplicable coastal setting position Galt Ocean Place as a compelling acquisition for buyers.
Galt Ocean Place stands within a walkable coastal corridor anchored by a dense concentration of high-rise condominiums, providing an affluent customer base. This resident-driven environment supports consistent demand for neighborhood-serving retail and professional services. Together, the property’s mixed-use configuration, expansive zoning allowances, and irreplicable coastal setting position Galt Ocean Place as a compelling acquisition for buyers.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,612 SF
Building Class
C
Year Built
1959
Price
$1,983,682 CAD
Price Per SF
$549.19 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.06 AC
Zoning
CB - Community Business
Parking
4 Spaces (1.11 Spaces per 1,000 SF Leased)
Frontage
35’ on NE 32nd St
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-43-19-01-0510 | Improvements Assessment | $982,971 CAD |
| Land Assessment | $144,410 CAD | Total Assessment | $1,127,381 CAD |
Property Taxes
Parcel Number
49-43-19-01-0510
Land Assessment
$144,410 CAD
Improvements Assessment
$982,971 CAD
Total Assessment
$1,127,381 CAD
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Galt Ocean Place | 3345-3347 NE 32nd St
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