by RH Advisors

See Home Value
$3,680,000
House - Off Market

2511 NE 48th St

Lighthouse Point, FL 33064
bedrooms
5 Beds
bathrooms
6 Baths
square feet
4814 Sqft
$3,975,157
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

The seller is delighted to announce a PRICE IMPROVEMENT on this amazing waterfront house. Bring your boat and enjoy being a South Florida waterfront homeowner! 80ft w/ ocean access, NO FIXED BRIDGES. Absolutely spectacular 5-bed/6-bath home in Lighthouse Point. Watch the sunset from your backyard while enjoying the heated pool and spa with canal views. This home has stunning water views from almost every room. It has open spaces, large impact windows, porcelain floors, high ceilings, and a grand staircase. An elevator will take you from the spacious first story to the 4 bedrooms upstairs. 2021. 3 car garage. Minutes from the ocean, airport, Ft. Lauderdale! 2 minutes from the ICW, 20 minutes to Boca Inlet, and 12 minutes to LHP Inlet.
Unit Size
4,814Ft²
Days on Market
266 days
Land Size
0.20 acres
Price per sqft
$829
Property Type
House
Property Taxes
$3,943
HOA Dues
-
Year Built
2021
Last updated: 7 months ago (Miami MLS #A11330826)

Price History

Date / Event Date Event Price
Nov 7, 2023 Sold to Richard Rathe, Sandra Rathe $3,680,000
Sold to Richard Rathe, Sandra Rathe
Sep 21, 2023 In contract -
In contract
Sep 14, 2023 Price Decreased $3,990,000
↓ $208K (5%)
Price Decreased
Jan 20, 2023 Listed by Okkla Realty $4,198,000
Listed by Okkla Realty
Oct 15, 2021 Sold to Daiana Alves Da Silva, Wagn... $2,825,000
Sold to Daiana Alves Da Silva, Wagn...
Show More

Property Highlights

Garage
Elevator
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,800
  • Lot Size Frontage Feet: 832
  • Total Building Area: 6,254
  • Gross Building Area: 6,254
  • Building Area: 4,814
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,814
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL KEY VILLAS 5TH SEC 45-14 B
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL KEY VILLAS 5TH SEC 45-14 B LOT 5 BLK 21

Ownership

  • Current Owner : RATHE RICHARD
  • Current Owner 2: RATHE SANDRA
  • Previous Owner : DA SILVA DAIANA ALVES
  • Previous Owner 2: WAGNER PONTES
  • Owner Before Previous Owner: LIGHTHOUSE POINT DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 010902

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 48-43-18-08-0080
  • Block: 21
  • Lot: 5
  • Municipality: LIGHTHOUSE POINT
  • Latitude: 26.2901
  • Longitude: -80.0899

    Address

  • Full Address: 2511 Ne 48th St
  • Address - House Number: 2511
  • Street Direction: NE
  • Address - Street Name: 48th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Lighthouse Point
  • Carrier Code: C005
  • 4-Digit Zip Code: 7109
  • Zip Code: 33064

Valuation

    Tax

  • Total Area: 4,912
  • Tax Year: 2023
  • Tax Amount: $45,912
  • Tax Rate Code Area: 1411

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 3,680,000
  • High Value: 4,505,877
  • Low Value: 2,854,122

    Market Valuation

  • Market Total Value: $2,403,530
  • Market Land Value: $440,000
  • Market Improvement Value: $1,963,530

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,403,530
  • Assessed Land Value: $440,000
  • Assessed Improvements Value: $1,963,530

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Nov 07, 2023
  • Current Sale Transaction ID: 11915666530
  • Current Sale Price: $3,680,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 119217006
  • Previous Sale Recording Date: Oct 15, 2021
  • Previous Sale Contract Date: Oct 08, 2021
  • Previous Sale Amount: $2,825,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: A&D MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 15, 2021
  • Previous Mortgage Loan Amount: $2,118,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
4,976 ft²
$904/ft²
$4,499,000 Mar 23, 2022
-
$407/mo
House
5 Beds
4 Baths
4,109 ft²
$1,095/ft²
$4,500,000 Jul 26, 2023
-
$2,477/mo
House
5 Beds
5.5 Baths
4,976 ft²
$904/ft²
$4,499,000 Jul 12, 2022
-
$407/mo
House
5 Beds
7 Baths
4,721 ft²
$990/ft²
$4,675,000 Jan 27, 2023
-
$5,091/mo
House
5 Beds
4 Baths
4,109 ft²
$1,095/ft²
$4,500,000 Aug 26, 2023
-
$2,477/mo
Townhouse
4 Beds
4.5 Baths
4,737 ft²
$844/ft²
$4,000,000 Aug 1, 2022
-
$13,800/mo
Townhouse
4 Beds
4.5 Baths
4,737 ft²
$844/ft²
$4,000,000 Aug 1, 2022
-
$13,800/mo

About Lighthouse Point


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Frequently Asked Questions

When was property at 2511 Northeast 48th Street built and last sold?
The property at 2511 Northeast 48th Street was built in 2021 and last sold on Oct 13, 2023 for $3,680,000.
How much is this home worth?
The estimated value of the home located at 2511 Northeast 48th Street is $4,201,861.
What are some comparable homes to 2511 Northeast 48th Street?
There are currently no comparable homes to 2511 Northeast 48th Street.

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