Stunning waterfront residence in the heart of Lighthouse Point!
This beautifully renovated home offers 30 feet of dockage with
quick ocean access and no fixed bridges, just minutes to the inlet,
making it a true boater's paradise. Positioned on one of the most
desirable streets in Lighthouse Point, this home delivers both
prestige and lifestyle. The private backyard retreat features a
well-placed swimming pool, creating the perfect setting for
entertaining or relaxing in complete tranquility. Inside, the home
has been fully renovated with high-end finishes, including premium
appliances and tile flooring throughout, offering a sleek, modern,
move-in-ready space filled with natural light. This corner lot home
is Ideally located just steps Placide Park, residents enjoy
convenient access to tennis courts, sports fields, and open green
space. This property is the perfect combination of waterfront
luxury, prime location, and effortless South Florida living, an
exceptional opportunity in one of Broward County's most
sought-after boating communities. DISCLAIMER: Information
published or otherwise provided by the listing company and its
representatives, including but not limited to prices, measurements,
square footages, lot sizes, calculations, statistics, photos and
videos, is deemed reliable but is not guaranteed and is subject to
errors, omissions, or changes without notice. All such information
should be independently verified by any prospective purchaser or
seller. Parties should perform their own due diligence prior to a
sale or listing. The listing company expressly disclaims any
warranty or representation regarding such information. Prices
published reflect list price, sold price, and/or last asking price.
The listing company participates in the Multiple Listing Service
and IDX.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
BEAUTIFUL WATERFRONT HOME, 30FT DOCK, QUICK OCEAN ACCESS, ONLY 5 MINUTES TO INLET. PRIVATE BACKYARD AND WELL POSITIONED SWIMMING POOL MAKE OUTDOOR LIVING EXTREMELY ENJOYABLE. THE HOUSE SITUATED ON THE BEST STREET OF LIGHTHOUSE POINT, SURROUNDED BY MULTI MILLION DOLLAR MANSIONS.REMARKABLE PLACID PARK WITH SPORT FACILITIES IS JUST AROUND THE CORNER.
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