2131 NE 40th Ct Lighthouse Point, FL 33064
Estimated payment $12,294/month
Highlights
- No HOA
- Porch
- Central Heating and Cooling System
- Balcony
- Tile Flooring
- Ceiling Fan
About This Home
WOW!!! HUGE PRICE REDUCTION!!! SELLER SAYS SELL NOW!!! CURRENT GROSS INCOME $161,208POTENTIAL 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'veBeen Waiting For, Location! Location! Location! Perfect For Air Bnb Or Vacation Rentals. All Units Have CentralA/C, Hurricane Impact Windows, Doors And Updated Electric. Designated Storage For Each Tenant & CoinLaundry. Roof Is Roughly Around 13 Years. Most A/C Units Were Replaced In The Last 5-6 Years. This PropertyIs Turnkey And Ready To Go! Call Listing Broker For More Details.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,262
Year Built
- Built in 1964
Home Design
- Quadruplex
- Barrel Roof Shape
Interior Spaces
- 5,533 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Tile Flooring
Outdoor Features
- Balcony
- Porch
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 484317030460
Community Details
Overview
- No Home Owners Association
- Association fees include hot water, ground maintenance, sewer, trash, water
- 2 Units
- 8 Units In Lighthouse Point Subdivision
Amenities
- Laundry Facilities
Building Details
- Operating Expense $53,962
- Net Operating Income $111,446
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $41,583 | $1,829,170 | $108,000 | $1,721,170 |
| 2025 | $40,743 | $1,829,170 | $108,000 | $1,721,170 |
| 2024 | $28,263 | $1,811,170 | $90,000 | $1,721,170 |
| 2023 | $28,263 | $1,131,070 | $90,000 | $1,041,070 |
| 2022 | $25,273 | $1,089,850 | $90,000 | $999,850 |
| 2021 | $24,202 | $1,029,750 | $0 | $0 |
| 2020 | $22,151 | $969,540 | $90,000 | $879,540 |
| 2019 | $20,372 | $851,040 | $90,000 | $761,040 |
| 2018 | $18,876 | $861,290 | $90,000 | $771,290 |
| 2017 | $16,885 | $705,740 | $0 | $0 |
| 2016 | $15,579 | $641,590 | $0 | $0 |
| 2015 | $12,087 | $583,270 | $0 | $0 |
| 2014 | $11,161 | $530,250 | $0 | $0 |
| 2013 | -- | $492,800 | $90,000 | $402,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/03/2026 02/03/26 | For Sale | $2,000,000 | 0.0% | $361 / Sq Ft |
| 05/24/2013 05/24/13 | For Rent | $935 | +2.2% | -- |
| 05/24/2013 05/24/13 | Rented | $915 | -- | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10548705
APN: 48-43-17-03-0460
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Ask me questions while you tour the home.