NOT LISTED FOR SALE

2160 NE 44th St Lighthouse Point, FL 33064

Estimated Value: $1,260,083 - $1,566,000

5 Beds
4 Baths
5,850 Sq Ft
$241/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2024

Last sale price $2,500,000 $427 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $9,711 / mo

155 Days on Market

Highlights

  • 0.71 Acre Lot
  • Tile Flooring
  • 1-Story Property
  • No HOA

About This Home

As of August 2024

Fantastic Find In The Heart Of Lighthouse Point, Updated 4 Plex East Of Us-1. Surrounded By Multimillion Dollar Residential Properties. Get Ready To Make Some Income! Located Minutes To Sandy Beach And Vibrant Shopping, This Property Is Ideal For Air Bnb And Or Vacation Rentals. Identical 4Plex Next Door Is Also Being Sold, So We Have 8 Total Units On Over An Half Acre Lot (Seller Would Prefer To Sell Both Together). All Units Have Hurricane Impact Windows, Doors, Updated Kitchens & Tile Flooring Throughout. Each Building Consist Of One Large 2 Bedroom 1 Bath And Three Spacious 1Bed 1Bath. Both Buildings Also Have Coin Laundry For Additional Income. !!Bonus!! We Also Have Another 8 Unit Building A Few Block Away, See Attachment And Or Call Broker For Details. Lets Make A Deal Buy All 16!!

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 02/05/2024

Co-Listed By

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Last Buyer's Agent

Gilles Rais

Coldwell Banker Residential RE License #3100259

Coldwell Banker Residential RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,736

Year Built

  • Built in 1963

Lot Details

  • 31,006 Sq Ft Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,850 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Parking

  • 16 Parking Spaces
  • Common or Shared Parking

Listing and Financial Details

  • Tenant pays for exterior electric, interior maintenance
  • Assessor Parcel Number 484317040450

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • Insurance Expense $1,700
  • Other Expense $93,992
  • New Taxes Expense $31,736
  • Operating Expense $41,516
  • Net Operating Income $161,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,736

Year Built

Built in 1963

Lot Details

0.71 Acres

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1963
  • Property Sub Type: Multi Family
  • Co List Office Mls Id: FLLFRGL01
  • Co List Office Phone: 954-345-9144
  • Directions: From US-1 & Sample Rd. Head north on US-1 N. Turn right onto NE 44th St. Destination will be on the right
  • Horses: No
  • Inclusions: Land Only, Business; Building And Land
  • Lot Size Acres: 0.7118
  • New Construction: No
  • Road Frontage Type: City Street, City
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: Resale
  • LastStatus: Pending
  • CurrentPrice: 2500000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Number Of Buildings: 2
  • Stories: 1

Exterior Features

  • Roof: Comp Shingle Roof, Composition Roll, Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: In Residential Area
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 16

Utilities

  • Water Source: Public
  • Electric: Separate Meters
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 484317040450
  • Zoning: RM-25

Rental Info

  • Tenant Pays: Exterior Electric, Interior Maintenance

Multi Family

  • Net Operating Income: 161500
  • Insurance Expense: 1700
  • Number Of Units In Community: 8
  • Number Of Units Total: 8
  • Annual Operating Expense: 41516

Tax Info

  • New Taxes Expense: 31736
  • Tax Annual Amount: 31736

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Jul 5, 2024
Sold by
Bought by
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Gilles Rais
Coldwell Banker Residential RE
List Price
$2,895,000
Sold Price
$2,500,000
Premium/Discount to List
-$395,000
-13.64%
Current Estimated Value
$1,408,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,091,229
Avg. Annual Appreciation
-26.41%
Original Mortgage
$996,392
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Listed on
May 22, 2023
Closed on
Jun 12, 2023
Sold by
Bought by
Seller's Agent
Karen Johnson
Keller Williams Realty Consultants
Buyer's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
List Price
$1,200,000
Sold Price
$1,167,500
Premium/Discount to List
-$32,500
-2.71%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.78%
Original Mortgage
$1,112,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1980
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,250,000 Sunrise Title Services
$2,335,000 Main Street Title & Escrow
$635,000 Attorney
-- Attorney
$77,143 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $996,392
Previous Owner $1,112,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Sold $2,500,000 +100.0% $427 / Sq Ft
08/08/2024 08/08/24 Sold $1,250,000 -56.8% $449 / Sq Ft View Prior Sale
08/08/2024 08/08/24 Pending -- -- --
07/09/2024 07/09/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $2,895,000 +100.3% $495 / Sq Ft
01/23/2024 01/23/24 Price Changed $1,445,000 -3.2% $519 / Sq Ft
10/23/2023 10/23/23 For Sale $1,492,500 +27.8% $536 / Sq Ft
06/12/2023 06/12/23 Sold $1,167,500 -2.7% $399 / Sq Ft View Prior Sale
06/06/2023 06/06/23 For Sale $1,200,000 -- $410 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,221 $1,152,680 $132,600 $1,020,080
2025 $22,637 $1,132,630 $132,600 $1,000,030
2024 $16,206 $1,010,280 $110,500 $899,780
2023 $16,206 $594,350 $0 $0
2022 $14,071 $540,320 $0 $0
2021 $12,519 $491,200 $0 $0
2020 $11,252 $516,130 $110,500 $405,630
2019 $10,748 $510,240 $110,500 $399,740
2018 $9,362 $418,250 $110,500 $307,750
2017 $8,456 $335,510 $0 $0
2016 $7,824 $305,010 $0 $0
2015 $5,740 $277,290 $0 $0
2014 $5,367 $253,080 $0 $0
2013 -- $238,710 $110,500 $128,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10417925

MIAMI REALTORS® MLS

APN: 48-43-17-04-0450

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