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2735 NE 28th Ct 5 Unit Apartment Building $3,600,000 ($720,000/Unit) 4.69% Cap Rate Lighthouse Point, FL 33064
Executive Summary
On a wide canal
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,600,000 | Apartment Style | Low-Rise |
| Price Per Unit | $720,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 4.69% | Building Size | 6,390 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1964 |
| Zoning | RM-16 - 08 - Multi-family - less than 10 units | ||
| Price | $3,600,000 |
| Price Per Unit | $720,000 |
| Sale Type | Investment |
| Cap Rate | 4.69% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 6,390 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | RM-16 - 08 - Multi-family - less than 10 units |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Washer/Dryer
- Ceiling Fans
Site Amenities
- Pool
- Dock
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 5 | $18,000 | 1,500 - 1,700 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 48-43-19-02-0880 | Improvements Assessment | $1,749,480 |
| Land Assessment | $575,000 | Total Assessment | $2,324,480 |
Property Taxes
Parcel Number
48-43-19-02-0880
Land Assessment
$575,000
Improvements Assessment
$1,749,480
Total Assessment
$2,324,480
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2735 NE 28th Ct
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