You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Specialty properties

2131 40Th Ct Lighthouse Point, FL 33064

Built 1964
Property ID
US18-2653252
Property summary
AI-generated overview

This exceptional 8-unit multi-family property, located at 2131 NE 40th Court in Lighthouse Point, Florida, presents a lucrative investment opportunity. Built in 1964, this special purpose property boasts a prime location east of US-1, surrounded by multi-million dollar residential properties. Each of the eight units is a spacious one-bedroom, one-bathroom apartment, featuring updated living and dining areas. Residents enjoy the convenience of central air conditioning, hurricane impact windows and doors, and updated electrical systems. Individual storage units are provided for each tenant, along with a shared coin-operated laundry facility. The property's roof is approximately 13 years old, and most of the air conditioning units have been replaced within the last 5-6 years. This turnkey property is ideally situated minutes from pristine sandy beaches and vibrant shopping districts, making it exceptionally well-suited for Airbnb or vacation rentals. The asking price is $2,750,000. The lot size is not specified. This is a truly remarkable opportunity to acquire a high-performing investment property in a highly desirable location. The property is ready for immediate income generation.

Property profile
Verified
Property type Specialty properties
Year built 1964
UPID US18-2653252
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2131 40Th Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message