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Waterfront 5-Unit Building Opportunity
For Sale
$3,600,000

2735 NE 28 Ct, Lighthouse Point, FL 33064

Waterfront 5-unit building with deep-water access in Lighthouse Point.

Property Size6,390 SF
Days on Market202

Property Features for 2735 NE 28 Ct

General Information

Standard status Active
Size 6,390 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $45,381

Building Details

Building Size 6,390 SF
Year Built 1964
Stories 2
Units 4
Listed By: Ronald Panizzi
Source: Elliman
Added: Mar 10 Changed: Sep 14 Last Checked: Sep 26 at 9:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ronald Panizzi

Investment Insights

Based on property information with market context.

This 5-unit building presents a waterfront opportunity in Lighthouse Point, offering direct ocean access without fixed bridges. The property includes a 100-foot private dock on deep water. Zoned RM-16, the property allows for redevelopment into luxury townhomes with private garages, pools, and docks, or for long-term rental income. Located near the marina and waterfront dining, the property is situated in a residential area known for its resort-style atmosphere and bayou views. The property features a private pool and grounds.

Key Highlights

  • Direct deep‑water ocean access with a 100‑foot private dock and no fixed bridges.
  • Redevelopment potential into luxury townhomes with private garages, pools, and docks (RM‑16 zoning).
  • Located in highly desirable Lighthouse Point, known for its resort‑style atmosphere and tranquil bayou views.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Food Market Garden Center Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,715
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Waterfront 5-unit building with deep-water access in Lighthouse Point.
Where is this apartment building located?
The property is located at 2735 NE 28 Ct Lighthouse Point, FL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Direct deep‑water ocean access with a 100‑foot private dock and no fixed bridges.; Redevelopment potential into luxury townhomes with private garages, pools, and docks (RM‑16 zoning).; Located in highly desirable Lighthouse Point, known for its resort‑style atmosphere and tranquil bayou views.
More about this property
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