Lighthouse Point Duplex For
2461 NE 20th Avenue Lighthouse Point, FL 33064
For Sale
$975,000
MULTI_FAMILY - Lighthouse Point, FL
Property Size2,021 SF
Price / SF$482.43
Days on Market202
Property Features for 2461 NE 20th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RD-10
- Bedrooms
- 4
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 4
- Pets allowed
- Cats OK, Dogs OK
- 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
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
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: Jul 25
Last Checked: Jul 25 at 7:06PM
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.
Located east of Federal Highway in Lighthouse Point, this duplex features two 2-bedroom, 2-bathroom residences. Each unit includes a private fenced yard and in-unit washer and dryer. Generous driveway parking is available. Partial impact windows are installed. The property is suitable for investors or owner-occupants. The property offers the option to live in one unit and rent the other, or lease both for a steady income stream. The backyard provides ample space for outdoor living and entertaining. The property is located close to beaches, marinas, shopping, and dining. The property size is 2021 square feet.
Key Highlights
- Duplex in Lighthouse Point (east of Federal Hwy) with two 2BR/2BA residences
- Each unit features a private fenced yard, in‑unit washer/dryer, and generous driveway parking
- Partial impact windows and central heating with central air
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Duplex - Duplex in Lighthouse Point with two 2BR/2BA residences.
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: Duplex in Lighthouse Point (east of Federal Hwy) with two 2BR/2BA residences; Each unit features a private fenced yard, in‑unit washer/dryer, and generous driveway parking; Partial impact windows and central heating with central air
