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LIGHTHOUSE POINT INVESTMENT PROPERTY
BANK OWNED INVESTMENT PROPERTY
 
Located on the south side of NE 39th Street between NE 22nd Way and NE 23rd Avenue, Lighthouse Point, Broward County, Florida

Currently offering 0.92+/- acre parcel with sixteen (16) existing, unoccupied units located in desirable Lighthouse Point in eastern Broward County.  Great potential as an investment property with renovation of the existing units or redevelopment of the entire site under the current RM-16 zoning designation.

PROPERTY DETAILS

Location Map - Lighthouse Point Investment Property
Location Map - Lighthouse Point Investment Property
Location:  The site is located at 3870 NE 22nd Way & 3861 - 3871 NE 23rd Avenue, Lighthouse Point, FL
 
Asking Price:  $1,100,000
 
Property Size:  0.92+/- Acre
 
Price/Unit:  $68,750
 
Legal Description:  Lengthy Legal; Parcel Control Numbers 4843-17-03-0020, 4843-17-03-0030, 4843-17-03-0040 & 4843-17-03-0050
 
Zoning:  RM-16
 
Future Land Use:  Medium Density
 
Comments:  Property is currently bank owned and consists of four parcels totaling 0.92+/- acres.  There are sixteen (16) existing but unoccupied and boarded-up rental units with a total unit mix of 14 - 1 Bedroom/1 Bath units and 2 - 2 Bedroom/1 Bath units.  The units are in need of renovation or the entire site would be ideal for redevelopment of new residential product.  The current RM-16 zoning designation allows for a variety of residential product types.
 
Directions:  From I-95, head east on Sample Road; turn left (north) on N. Federal Highway/US-1; turn right (east) onto NE 39th Street; at NE 22nd Way, property will be on the right.

Aerial View - Lighthouse Point Investment Property
Aerial View - Lighthouse Point Investment Property
 
SOLD!

ADDITIONAL INFORMATION

 
 
 
For additional information, please click on the following links for:

  • Property Brochure
  • Survey
  • Location Map
  • Aerial View
  • Google Maps
  • RM-16 Zoning - MuniCode Sec. 42-344
  • Additional Conditional Use Criteria - MuniCode Sec. 42-361

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