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2131 NE 40th Ct
Lighthouse Point, FL 33064 Outer Pompano Beach/Deerfield Beach

$2,750,000 USD

Apartments For Sale • 6,515 SF

Property Details

Property Type Apartments
Total Building Size 6,515 SF
Lot Size 0.21 AC
Building Class C
Year Built 1964
Cap Rate 5.67 %
Zoning RM-25

0 Transit Score

72 Walk Score

                
                    Highlights
                
                                Updated Units Near The Beach
                            
                                Perfect For Possible Air Bnb
                            
                                Separate Electric Meters
                            
                                Coin Operated Machines For Additional Income
                            
                                Additional Storage Space For Units

Financial Summary (Proforma)

Net Operating Income: $155,832 USD (2023)

Cap Rate:	5.67 %
Total Expenses:	$35,784 USD

Amenities

24 Hour Access
Air Conditioning
Balcony
Cable Ready
Laundry Facilities
Storage Space
Kitchen
Refrigerator
Double Pane Windows
Public Transportation

Public Transportation

Commuter Rail	Drive	Walk	Distance
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	8 min	-	3.4 mi
Deerfield Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	11 min	-	6.4 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	28 min	-	19.7 mi
Palm Beach International	44 min	-	33.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Carlos Montoya 954-234-7653 Fidelity Real Estate Group

2131 NE 40th Ct Lighthouse Point, FL 33064 Outer Pompano Beach/Deerfield Beach