2131 40Th CtLighthouse Point, FL 33064

Property Details for 2131 40Th Ct

Year built

1964

Property type

Specialty properties

Description

This exceptional 8-unit multi-family property, located at 2131 NE 40th Court in Lighthouse Point, Florida, presents a lucrative investment opportunity. Built in 1964, this special purpose property boasts a prime location east of US-1, surrounded by multi-million dollar residential properties. Each of the eight units is a spacious one-bedroom, one-bathroom apartment, featuring updated living and dining areas. Residents enjoy the convenience of central air conditioning, hurricane impact windows and doors, and updated electrical systems. Individual storage units are provided for each tenant, along with a shared coin-operated laundry facility. The property's roof is approximately 13 years old, and most of the air conditioning units have been replaced within the last 5-6 years. This turnkey property is ideally situated minutes from pristine sandy beaches and vibrant shopping districts, making it exceptionally well-suited for Airbnb or vacation rentals. The asking price is $2,750,000. The lot size is not specified. This is a truly remarkable opportunity to acquire a high-performing investment property in a highly desirable location. The property is ready for immediate income generation.

Location Insight

City

Lighthouse Point

County

Broward

State

Florida

Latitude

26.2811

Longitude

-80.0942

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