2131 NE 40th Ct - Apartments FOR SALE


Lighthouse Point, FL 33064
$2,750,000 USD
954-234-7653
2131 NE 40th Ct, Lighthouse Point, FL for Sale
$2,750,000 USD
Apartments - FOR SALE
1/33
null | 5.67% Cap Rate

2131 NE 40th Ct
Lighthouse Point, FL 33064


HIGHLIGHTS

  • Updated Units Near The Beach
  • Perfect For Possible Air Bnb
  • Separate Electric Meters
  • Coin Operated Machines For Additional Income
  • Additional Storage Space For Units

OVERVIEW

Fantastic Find In The Heart Of Lighthouse Point, 8 Updated Units East Of Us-1. Surrounded By Multi-Million Dollar Residential Properties. All Units Are Large Updated 1 Bed 1 Bath, With Living & Dining Rooms. Located Minutes To Sandy Beaches And Vibrant Shopping, This Is The Money Maker You've Been Waiting For, Location! Location! Location! Perfect For Air Bnb Or Vacation Rentals. All Units Have Central A/C, Hurricane Impact Windows, Doors And Updated Electric. Designated Storage For Each Tenant & Coin Laundry. Roof Is Roughly Around 13 Years. Most A/C Units Were Replaced In The Last 5-6 Years. This Property Is Turnkey And Ready To Go! See Attachment And Or Call Listing Broker For More Details. Also Call Listing Agent For A List Of Other Multi-Family Properties For Sale.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$422 USD /SF

# OF UNITS

8

PRICE/UNIT

$343,750

CAP RATE

5.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 Updated Units East Of US 1

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

RM-25

APN/PARCEL ID

48-43-17-03-0460

ASK ABOUT THIS PROPERTY

Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

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Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.