Interior
- Bathrooms
- 0
- Living area
- 2,910 sq ft
Active · Quadruplex
$2,175,000
3860 NE 23rd Avenue, Lighthouse Point, FL 33064
- Beds
- —
- Baths
- 0
- Living area
- 2,910 sq ft
- $ / sq ft
- $747/sq ft
- Year built
- 1962
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Amazing opportunity to Purchase waterfront 4 unit apartment building with 90 feet new concrete dock, deep water with no fixed bridges, minutes from the ocean with 90 feet or new concrete dock with raised seawall directly across the street from new construction* Turn/key fully occupied with 4 great annual tenants. Hot Lighthouse Point, plus additional income from rented dock space. Beautiful tropical waterfront property with renovated units . 2- 2 bedroom units and 2 -1 bedroom units* minutes to Hillsboro Inlet/ocean. Perfect for Yacht owner to own as well can use for crew and income. Tenants pay all utilities
Property location
Get Directions3860 NE 23rd Avenue, Lighthouse Point, FL 33064
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Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1962
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- F10532628
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$4,926
- Cap rate
- 3.0%
- Net yield
- 3.0%
- Cash-on-cash return
- -9.7%
- Gross yield
- 6.2%
- Mortgage payment
- $10,311/mo
- Down payment
- $543,750
- Loan amount
- $1,631,250
- Annual NOI
- $64,615
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.