$2,000,000
$750K PRICE DROP

2131 NE 40th Ct Lighthouse Point, FL 33064

Estimated payment $12,563/month

Total Views 3,280
-- Bed
-- Bath
5,533 Sq Ft
$361 Price per Sq Ft

Highlights

  • Impact Glass
  • Central Heating and Cooling System
  • Laundry Facilities
  • Tile Flooring
  • Ceiling Fan

About This Home

WOW!!! HUGE PRICE REDUCTION!!! SELLER SAYS SELL NOW!!! CURRENT GROSS INCOME $161,208 POTENTIAL GROSS $175-200+ 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! Call Listing Broker For More Details.

Listing Agent

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 09/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,262

Year Built

  • Built in 1964

Parking

  • 9 Parking Spaces

Home Design

  • Quadruplex
  • Barrel Roof Shape

Interior Spaces

  • 5,533 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Impact Glass

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Rent includes gardener, hot water, sewer, trash collection, water
  • Assessor Parcel Number 484317030460

Community Details

Overview

  • 2 Units
  • 8 Units In Lighthouse Point Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $111,446

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,262

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: From US-1 & Sample Head north on US-1 N. Turn right onto NE 39th St/NE 39th Ct. Continue to follow NE 39th St. Turn left onto NE 22nd Ave. Turn left onto NE 40th Ct Destination will be on the right.
  • Year Built: 1964
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 5533.0
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Other
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Hot Water, Sewer, Trash Collection, Water
  • Community Features: Non-Gated, Laundry Facilities

Lot Info

  • Parcel #: 484317030460
  • Lot Size: 9000
  • Zoning Description: RM-25

Multi Family

  • Property Net Operating Income: 111446.0
  • Number Of Units Total: 2
  • Total Actual Rent: 192000.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 24262.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 Price Changed $2,000,000 -20.0% $361 / Sq Ft
08/08/2025 08/08/25 Price Changed $2,499,000 -5.5% $452 / Sq Ft
03/03/2025 03/03/25 Price Changed $2,645,000 -3.8% $478 / Sq Ft
10/21/2024 10/21/24 Price Changed $2,750,000 +115.9% $497 / Sq Ft
10/21/2024 10/21/24 Price Changed $1,274,000 -53.7% $230 / Sq Ft
09/04/2024 09/04/24 For Sale $2,750,000 0.0% $497 / Sq Ft
05/24/2013 05/24/13 For Rent $935 +2.2% --
05/24/2013 05/24/13 Rented $915 +1.7% --
11/16/2012 11/16/12 For Rent $900 +2.9% --
11/16/2012 11/16/12 Rented $875 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10458409

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-17-03-0460

Florida Broward County Lighthouse Point 33064

2131 NE 40th Ct, Lighthouse Point, FL

For Sale

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Carlos Montoya
Listing Agent
Carlos Montoya
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Fidelity Real Estate Group LLC
(754) 432-2396