by RH Advisors

Check Availability
$3,700,000
House - For Sale

2738 NE 29th St

Lighthouse Point, FL 33064
bedrooms
6 Beds
bathrooms
5 Baths
square feet
3750 Sqft
$19,863
Estimated Monthly
2.61%
Cap Rate

About This Property

Superb opportunity for Developers! MC Zoning for Duplex attached to property. Very few properties left that allow development of duplexes in Lighthouse Point and that is on the water. Quick access to the ocean and a great potential for developers to make a profit.
Unit Size
3,750Ft²
Days on Market
732 days
Land Size
0.33 acres
Price per sqft
$987
Property Type
House
Property Taxes
$1,695
HOA Dues
-
Year Built
1964
Listed By
Daniel Shebshayevick
Daniel Shebshayevich, LLC.
Last updated: 12 days ago (Miami MLS #A11180945)

Price History

Date / Event Date Event Price
Mar 18, 2024 Price Change $3,700,000
Price Change
Mar 2, 2024 Relisted -
Relisted
Feb 22, 2024 No longer available -
No longer available
Feb 22, 2024 Price Increased $3,900,000
↑ $100K (2.6%)
Price Increased
Feb 13, 2023 Price Decreased $3,800,000
↓ $200K (5%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Circular Driveway
Garage Spaces: 3
Covered Parking Spaces: 3
Interior Details

Bathroom Information

Full Bathrooms: 5

Bedroom Information

Bedrooms: 6
Bedroom Features: Entry Level, Primary Bedroom Ground Level

Interior Information

Interior Features: First Floor Entry, Storage, Utility/Laundry In Garage, Utility Room/Laundry
Appliances: Dishwasher, Dryer, Refrigerator, Washer
Flooring Type: Tile
Laundry Features: In Garage, Utility Room/Laundry

Room Information

Living Room Features: Storage Room, Utility/Laundry In Garage, Utility Room/Laundry

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete
  • Building Style: Quadplex
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 4
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,688
  • Lot Size Frontage Feet: 997
  • Total Building Area: 2,882
  • Gross Building Area: 2,882
  • Building Area: 2,882
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,882
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LIGHTHOUSE POINT 2ND SEC 31-40 B
  • Land Acres: 0.245
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: LIGHTHOUSE POINT 2ND SEC 31-40 B LOT 16 BLK 6

Ownership

  • Current Owner : MARTINEZ GUSTAVO OSCAR
  • Current Owner 2: MARTINEZ JANNINA AMY
  • Previous Owner : PANUCCIO DOMINICK
  • Previous Owner 2: PANUCCIO DOMINICK
  • Owner Before Previous Owner: SHILLING CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 030100

Zoning

  • Zoning: RM-16

Geography

  • District: 1411
  • Parcel: 48-43-19-02-0740
  • Block: 6
  • Lot: 16
  • Meridian: SEC 19 TWN 48S RNG 43E
  • Municipality: LIGHTHOUSE POINT
  • Latitude: 26.2668
  • Longitude: -80.0859

    Address

  • Full Address: 2738 Ne 28th Ct
  • Address - House Number: 2738
  • Street Direction: NE
  • Address - Street Name: 28th
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Lighthouse Point
  • Carrier Code: C006
  • 4-Digit Zip Code: 8244
  • Zip Code: 33064

Valuation

    Tax

  • Total Area: 2,882
  • Tax Year: 2023
  • Tax Amount: $17,736
  • Tax Rate Code Area: 1411

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 1,007,913
  • High Value: 1,190,656
  • Low Value: 825,169

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: HAMILTON HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $806,610
  • Market Land Value: $106,880
  • Market Improvement Value: $699,730

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $806,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2018
  • Current Sale Recording Date: May 02, 2018
  • Current Sale Transaction ID: 11455641621
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 115050473
  • Previous Sale Recording Date: Aug 16, 1993
  • Previous Sale Contract Date: Aug 09, 1993
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLORIDA COMMUNITY BANK NA
  • First Mortgage Transaction Date: May 02, 2018
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: HOME SAV AMER
  • Previous Mortgage Transaction Date: Aug 16, 1993
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $164,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
7 Baths
5,062 ft²
$569/ft²
$2,880,000 May 31, 2023
$2,880,000 Nov 17, 2023
$3,026/mo
House
5 Beds
6 Baths
4,012 ft²
$804/ft²
$3,225,000 Jun 20, 2023
$3,225,000 Nov 14, 2023
$3,277/mo
House
5 Beds
6 Baths
4,814 ft²
$764/ft²
$3,680,000 Jan 20, 2023
$3,680,000 Oct 13, 2023
$3,943/mo
House
5 Beds
6 Baths
4,455 ft²
$864/ft²
$3,850,000 Jul 13, 2021
$3,850,000 Nov 2, 2023
$1,521/mo
House
4 Beds
5 Baths
3,288 ft²
$958/ft²
$3,150,000 Jun 20, 2023
$3,150,000 Dec 19, 2023
$3,526/mo
House
3 Beds
3 Baths
2,404 ft²
$1,485/ft²
$3,570,000 Jan 8, 2024
$3,570,000 Feb 6, 2024
$2,894/mo
House
5 Beds
7 Baths
4,721 ft²
$979/ft²
$4,624,000 Jan 27, 2023
-
$5,091/mo
House
3 Beds
4 Baths
2,894 ft²
$1,261/ft²
$3,650,000 Jan 30, 2024
-
$2,091/mo
House
4 Beds
4.5 Baths
3,858 ft²
$1,024/ft²
$3,950,000 Jan 8, 2024
-
$3,754/mo
House
4 Beds
5 Baths
2,632 ft²
$1,398/ft²
$3,680,000 Jan 14, 2024
-
$1,735/mo
House
4 Beds
5 Baths
2,803 ft²
$1,170/ft²
$3,280,000 Dec 21, 2023
-
$2,215/mo
House
4 Beds
5 Baths
4,786 ft²
$939/ft²
$4,495,000 Oct 25, 2023
-
$3,570/mo

About Lighthouse Point


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Frequently Asked Questions

When was property at 2738 Northeast 29th Street built and last sold?
The property at 2738 Northeast 29th Street was built in 1964 and last sold on Apr 30, 2018 for $600,000.
How much is this home worth?
The estimated value of the home located at 2738 Northeast 29th Street is $3,838,000.
What are some comparable homes to 2738 Northeast 29th Street?
Homes that are comparable to 2738 Northeast 29th Street include a house property at 4110 Northeast 23rd Terrace, 2333 Northeast 24th Street, 3730 Northeast 27th Terrace.

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