Duplex With In-Unit Laundry and
For Sale
$975,000
2461 NE 20th Avenue, Lighthouse Point, FL 33064
MULTI_FAMILY - Lighthouse Point, FL
Property Size2,021 SF
Price / SF$482.43
Days on Market213
Property Features for 2461 NE 20th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RD-10
Bedrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Pets allowed
Cats OK, Dogs OK
Subdivision
Hillsboro Isles 29-4 B
Directions
East of US 1 between NE 24th and NE 25th
Standard status
Active
APN
484319110090
Size
2,021 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
HILLSBORO ISLES 29-4 B LOT 9 BLK 1
Tax Annual Amount
14075
Legal Description
HILLSBORO ISLES 29-4 B LOT 9 BLK 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
private fenced yard
in unit washer/dryer
partial impact windows
Building Details
Year built
1957
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
CBS
Roof type
Shingle, Composition
Listing Agency:
Premier Brokers International
(561) 855-6179
Listed By:
Michele Fox · License #3219723
(954) 648-2065
Added: Jan 4
Changed: Aug 2
Last Checked: Aug 5 at 3:06AM
MLS# F10543452
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex includes two separate 2BR/2BA residences, each with a private fenced yard. Both units offer generous driveway parking and an in-unit washer/dryer. The homes feature partial impact windows, tile flooring, and central heating with central air conditioning. Constructed with CBS (concrete block stucco) and a shingle/composition roof, the property was built in 1957.
Zoned RD-10, the property connects to public water and public sewer and has cable available. The layout includes multiple bedrooms and bathrooms across the two residences, supporting either an owner-occupant setup or leasing both sides.
With ample backyard space, the outdoor area can support everyday use and casual entertaining for residents on either side of the duplex.
Zoned RD-10, the property connects to public water and public sewer and has cable available. The layout includes multiple bedrooms and bathrooms across the two residences, supporting either an owner-occupant setup or leasing both sides.
With ample backyard space, the outdoor area can support everyday use and casual entertaining for residents on either side of the duplex.
Key Highlights
- Two 2BR/2BA residences with private fenced yards
- In‑unit washer/dryer and driveway parking for each unit
- Partial impact windows
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.9k | $25.20 |
| − Vacancy | −$2.8k | −$1.39 |
| EGI | $48.1k | $23.81 |
| − OpEx | −$14.4k | −$7.14 |
| NOI | $33.7k | $16.67 |
2,021 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$481.3K
$421.1K – $561.5K
NOI $33,690 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$444.0K
$388.5K – $518.0K
NOI $31,082 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.03M
$897.2K – $1.20M
NOI $71,774 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,087
Businesses Nearby
Explore this area
Business Placement
Demographics for 33064, FL
62,429
Population
26,641
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
82%
High-School Grad
10.2 sq mi
ZIP Area
6,120
Density / Sq Mi
$66,269
Median Household Income
$35,090
Median Earnings
$1,689
Median Rent
$293,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two 2BR/2BA residences, private fenced yards, in-unit washer/dryer, driveway parking, and partial impact windows.
Where is this duplex located?
The property is located at 2461 NE 20th Avenue Lighthouse Point, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two 2BR/2BA residences with private fenced yards; In‑unit washer/dryer and driveway parking for each unit; Partial impact windows
