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2121 NE 40th Ct
Lighthouse Point, FL 33064
Multifamily Property For Sale
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8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 7,116 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Zoning | RM-25 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 7,116 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | RM-25 |
About 2121 NE 40TH CT , LIGHTHOUSE POINT, FL 33064
RARE OPPORTUNITY TO PURCHASE AN 8 UNIT BUILDING IN GREAT CONDITION IN THE CITY OF LIGHTHOUSE POINT! PROPERTY HAS HAD SAME OWNER FOR 51 YEARS. RENTS ARE EXTREMLY BELOW MARKET AND WITH SOME UPDATING COULD BE RAISED TO AS HIGH AS $1,300 PER MONTH. CURRENTLY OWNER LIVES IN UNIT 1 AND WILL VACATE UPON CLOSING. 3 OTHER UNITS ARE MONTH TO MONTH AND 4 UNITS HAVE LEASES EXTENDING UNTIL NOVEMBER 2017. PROJECTED INCOME AT CURRENT MARKET RENTS IS $115,000.00. NEW TILE ROOF WITHIN THE PAST 3 YEARS. VENETIAN ISLES
Property Taxes
| Parcel Number | 48-43-17-03-0470 | Improvements Assessment | $1,200,410 |
| Land Assessment | $107,720 | Total Assessment | $1,308,130 |
Property Taxes
