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    3860 NE 23Rd Ave Lighthouse Point, FL 33064

    For Sale
    $2,250,000

    Residential Income,Detached,Fourplex - Lighthouse Point, FL

    Property size:
    2,910 SF
    Days on Market:
    48
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 3860 NE 23Rd Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RM-16
    APN
    484317030070
    Parking
    12
    Size
    2,910 SF

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1962
    Floors in Building
    1
    Building materials
    Block, Concrete
    Roof type
    Shingle
    Architectural style
    Other

    Realty100 (954) 859-2100 [email protected]

    Listing agent Evan M Braunstein (954) 859-2100 License #620481

    Listing date Oct 20, 2025

    MLS# F10532628 Listing URL

    Copyright © 2025 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Fourplex with Dock

    This is an amazing opportunity to purchase a waterfront four-unit apartment building featuring a new 90-foot concrete dock. The property offers deep water access with no fixed bridges and is located minutes from the ocean. The new concrete dock includes a raised seawall and is situated directly across the street from new construction. This turn-key property is fully occupied with four annual tenants. Located in Lighthouse Point, the property also generates additional income from rented dock space. This beautiful tropical waterfront property features renovated units, including two 2-bedroom units and two 1-bedroom units. It is located minutes from Hillsboro Inlet and the ocean. The property is perfect for a yacht owner, offering potential use for crew and income. Tenants are responsible for all utilities. The property size is 2910 square feet and the zoning is RM-16.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lighthouse Point
    County
    Broward
    State
    Florida
    Longitude
    -80.091072
    Latitude
    26.279379

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    FAQs

    What type of property is this?
    Quadplex - Waterfront fourplex in Lighthouse Point with dock and rental income.
    Where is this quadplex located?
    The property is located at 3860 NE 23Rd Ave Lighthouse Point, FL.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Waterfront property with **90 feet of new concrete dock and deep water access**, no fixed bridges, minutes from the ocean.; - **Turn-key, fully occupied 4-unit apartment building** with annual tenants, providing immediate income.; - Located in the desirable Lighthouse Point area, directly across the street from new construction.
    (954) 859-2100
    Request Owner's contact information
    3860 NE 23Rd Ave Lighthouse Point, FL 33064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3860 NE 23Rd Ave Lighthouse Point, FL 33064
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