4021 NE 27th Terrace, Lighthouse Point, FL 33064 — MLS photo

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4021 NE 27th Terrace, Lighthouse Point, FL 33064

Active · SingleFamilyResidence

$2,500,000

4021 NE 27th Terrace, Lighthouse Point, FL 33064

Beds
3
Baths
2
Living area
1,536 sq ft
$ / sq ft
$1,628/sq ft
Year built
1959
Lot size
9,002 sq ft
HOA fee
—
Annual tax
$21,757

About this property

Dock your boat, step into your beautifully renovated home, and begin enjoying the waterfront lifestyle that has made Lighthouse Point one of South Florida's most sought-after boating communities. Offering 90 feet of deepwater frontage, sweeping turning-basin views, and unforgettable sunset backdrops, this exceptional Lighthouse Point property is designed for those who want life to revolve around the water. Ideally positioned within the city's renowned network of waterways, the residence offers convenient access to the Intracoastal Waterway, open water, and the nearby Lighthouse Point Yacht Club. The private waterfront setup is ready for its next owner, featuring a 90-foot dock, upgraded pilings, 30- and 50-amp shore power, and a 15,000-pound boat lift. The wide turning basin provides --> excellent maneuverability while creating an impressive sense of openness and some of the property's most striking water views. When the boat is docked, the Lighthouse Point lifestyle continues at home. Spend afternoons beside the saltwater pool, entertain along the expansive waterside patio, or relax as the sun sets across the basin. The generously sized lot, manicured grounds, enhanced privacy, and panoramic waterfront setting create a true coastal retreat for everyday living and entertaining. Inside, the residence is completely turnkey, allowing you to move in and immediately enjoy everything the home and Lighthouse Point have to offer. The extensively renovated interior features open living spaces, updated flooring, tastefully remodeled bathrooms, and a beautifully appointed kitchen with generous counter space, quality finishes, and a large gathering island. More than $250,000 in capital improvements provide added confidence and convenience, including impact windows, doors, and garage door; a CAT 5-rated metal roof with foam insulation; new gutters; refreshed exterior finishes; updated electrical systems; a newer air-conditioning system; and replaced ductwork. Additional features include a circular driveway, ample storage, and no HOA. This is a rare opportunity to secure exceptional water frontage, premium dockage, a spectacular basin setting, and a fully updated residence in Lighthouse Point - one of South Florida's premier destinations for boating, waterfront living, and the coastal lifestyle.

Property location

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4021 NE 27th Terrace, Lighthouse Point, FL 33064

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,536 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Bedroom On Main Level, Dining Area, Separate Formal Dining Room, Eat In Kitchen, First Floor Entry, Kitchen Island, Main Level Primary, Main Living Area Entry Level, Split Bedrooms, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1959
Stories
1
Lot size
9,002 sq ft
Architectural style
Ranch, One Story
Roof
Metal
Construction
Block, Stucco
Exterior features
Patio, Awnings
Pool
Heated, Pool
Waterfront
Canal Access, Canal Front, Intersecting Canal, Navigable Water, Ocean Access, Seawall
View
Canal, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Circular Driveway, Driveway, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Amenities
Boat Dock, Pool
Security
Closed Circuit Cameras, Smoke Detectors
Pets allowed
No
Annual tax
$21,757
Subdivision
VENETIAN ISLES 2 ND SEC
County
Broward
Days on market
116
MLS listing ID
B26037622
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

-$6,447

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.1%
Gross yield
4.6%
Mortgage payment
$11,851/mo
Down payment
$625,000
Loan amount
$1,875,000
Annual NOI
$64,855

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