2248 NE 37th Street, Lighthouse Point, FL 33064 — MLS photo

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2248 NE 37th Street, Lighthouse Point, FL 33064

Active · Duplex

$899,001

2248 NE 37th Street, Lighthouse Point, FL 33064

Beds
—
Baths
0
Living area
2,011 sq ft
$ / sq ft
$447/sq ft
Year built
1958
Lot size
—
HOA fee
—
Annual tax
$12,697

About this property

Prime investment opportunity in Lighthouse Point! This income-producing duplex features two 2BR/2BA units, both currently rented. Unit 2248 was fully renovated in 2022 with impact doors, quartz kitchen and baths, stainless steel appliances, porcelain tile flooring, new A/C, and fresh interior/exterior paint. The property offers a fenced backyard, private laundry room, and circular 2-car parking. Unit 2250 is rented month-to-month, providing flexibility for future rent optimization. Ideally located near I-95 and within walking distance to downtown Lighthouse Point shops and restaurants, this turnkey duplex offers strong rental appeal in a highly desirable area. Also available as part of a portfolio sale with 2210 NE 36th St (RX-11162542), located one block away within walking distance. Perfect for 1031 Exchange investors seeking a turnkey, income-producing property with reliable cash flow and the opportunity to acquire one or both duplexes as a portfolio investment. The Roof is from 2019

Property location

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2248 NE 37th Street, Lighthouse Point, FL 33064

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Facts & features

Interior

Bathrooms
0
Living area
2,011 sq ft
Flooring
Ceramic Tile
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Duplex
Year built
1958
Architectural style
Twin Home, Duplex
Roof
Barrel, Other
Construction
Block
Exterior features
Fence, Storm Security Shutters
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$12,697
Subdivision
LIGHTHOUSE MANOR 43
County
Broward
Days on market
221
MLS listing ID
R11162540
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

-$361

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.7%
Gross yield
8.1%
Mortgage payment
$4,262/mo
Down payment
$224,750
Loan amount
$674,251
Annual NOI
$46,804

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.