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Property profile & analytics
OFF-MARKET
Small apartment buildings

2610 18Th Ter Lighthouse Point, FL 33064

Built 1959
Property ID
US18-6372472
Property summary
AI-generated overview

This charming 1-story, 2-unit apartment building in Lighthouse Point, Florida, presents a fantastic investment opportunity. Built in 1959, the property boasts a new roof (2020) and offers a unique blend of short-term and long-term rental income streams. Unit A, a 1-bedroom, 1-bathroom apartment, is currently generating significant revenue as a highly profitable short-term rental. Existing bookings are transferable, ensuring a smooth transition for the new owner. The unit is uniquely decorated and furnished, offering a turnkey solution. Unit B, a 3-bedroom, 2-bathroom apartment, is currently leased with a lease expiring in April 2025, although the tenants may be willing to vacate earlier. The property's location offers convenient access to beautiful beaches, local restaurants, and other amenities. This duplex is ideally suited for investors seeking to expand their portfolio or those looking for a profitable entry into the real estate market, providing a compelling combination of immediate cash flow and long-term rental potential. The property is located at 2610 NE 18th Ter, Lighthouse Point, FL 33064, in Broward County. The asking price is $849,997.

Property profile
Verified
Property type Small apartment buildings
Year built 1959
UPID US18-6372472
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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