Remodeled Duplex with Private
New
For Sale
$1,175,000
5120 NE 22nd Avenue, Lighthouse Point, FL 33064
MULTI_FAMILY - Lighthouse Point, FL
Property Size2,779 SF
Lot Size0.17 Acres
Price / SF$422.81
Days on Market5
Property Features for 5120 NE 22nd Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RD-10
Bedrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 2
Window features
Plantation Shutters
Patio and Porch features
Patio, Porch
Pets allowed
No, Yes
Exterior features
Awning(s), Barbecue, Custom Lighting, Storage
Fencing
Gate, Fenced
Subdivision
POMPANO WATERWAY ESTATES 1ST ADD
Lot features
Oversized Lot
Elementary school
Norcrest
Middle school
Deerfield Beach
High school
Deerfield Beach
Standard status
Active
APN
484307140190
Size
2,779 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
POMPANO WATERWAY ESTATES 1ST ADD 41-49 B LOT 4 BLK 2
Tax Annual Amount
17571
Legal Description
POMPANO WATERWAY ESTATES 1ST ADD 41-49 B LOT 4 BLK 2
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1972
Floors in Building
1
Number of units
2
Flooring type
Wood, Tile, Laminate
Building materials
CBS, Concrete Block - No Stucco, Stucco
Roof type
Tile
Additional Structures
Storage
Listing Agency:
Premier Listings
(844) 521-7653
Listed By:
Maria M Acosta · License #3129122
(561) 445-9592
Added: Aug 1
Changed: Aug 5
Last Checked: Aug 5 at 5:06AM
MLS# B26059480
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 2,779-square-foot duplex, built in 1972, contains two extensively renovated residences on a 0.17-acre corner lot. One unit provides 2 bedrooms, 2 bathrooms, a laundry room, flex room, updated kitchen, and primary suite with a jacuzzi tub. The second offers 3 bedrooms, 2 bathrooms, and its own flex area. Each residence has a private fenced backyard and separate electric meter. Impact windows and doors, contemporary kitchens and bathrooms, waterproof flooring, and a large circular paver driveway add practical value. The property also includes a tile roof, central air, electric heat, patio and porch areas, storage, barbecue, and custom lighting.
The property is located at 5120 NE 22nd Avenue in Lighthouse Point, within Broward County and near Deerfield Beach, Hillsboro Beach, Pompano Beach, marinas, waterfront dining, parks, golf courses, and public boat ramps. Federal Highway and I-95 provide access to the surrounding area and major airports. Public water and public sewer serve the property, with cable available.
The property is located at 5120 NE 22nd Avenue in Lighthouse Point, within Broward County and near Deerfield Beach, Hillsboro Beach, Pompano Beach, marinas, waterfront dining, parks, golf courses, and public boat ramps. Federal Highway and I-95 provide access to the surrounding area and major airports. Public water and public sewer serve the property, with cable available.
Key Highlights
- Two renovated residences totaling 2,779 square feet
- Unit mix includes one 2‑bedroom and one 3‑bedroom residence
- 0.17‑acre corner lot with separate fenced backyards
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 | $70.0k | $25.20 |
| − Vacancy | −$3.9k | −$1.39 |
| EGI | $66.2k | $23.81 |
| − OpEx | −$19.9k | −$7.14 |
| NOI | $46.3k | $16.67 |
2,779 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$661.8K
$579.1K – $772.1K
NOI $46,325 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$610.6K
$534.2K – $712.3K
NOI $42,739 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,693 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
947
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 - Two updated residences offer separate utilities, flexible living areas, and off-street parking in a coastal Broward County community.
Where is this duplex located?
The property is located at 5120 NE 22nd Avenue Lighthouse Point, FL.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Two renovated residences totaling 2,779 square feet; Unit mix includes one 2‑bedroom and one 3‑bedroom residence; 0.17‑acre corner lot with separate fenced backyards
