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4731 NE 21ST Terrace

$1,100,000

4731 NE 21ST Terrace, Lighthouse Point, FL 33064

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Last Updated: 11/09/2026

59,100

NOI

3,877 sqft

Building Size

Details:
NOI:    $59,100
Building Size:    3,877 sqft
Units:    4
Year Built:    1967
Floors:    2
Gross Leaseable Area:    3,877
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot, Corner Lot, East Of US 1, Less Than 1 Acre, Fenced
  • Building Features: Outside Storage
  • Gross Income: 981000
  • Bathrooms Total: 0
  • Documents Available: Copies Of Lease(S)
  • Architectural Style: Two Story
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Flooring: Tile
  • Construction Materials: CBS Construction, Slab Construction, Stucco
Description:

PRIME INVESTOR OPPORTUNITY: TURNKEY 4-UNIT MULTIFAMILY BUILDING IN DESIRED Lighthouse Point. SITUATED IN A TOP-TIER RENTAL MARKET.
Solid four-unit corner property east of US-1, directly across from Dan Witt Park. Features four spacious 2BR/1.5BA apartments with open layouts and breakfast bars. Highlights include a 2013 roof, impact glass windows, newer central A/Cs and water heaters, coin-operated laundry, two storage rooms + shed, parking for up to 15 vehicles. 40/10-year recertification completed. No HOA or rental restrictions.
Attractive 5.3% cap rate with immediate rental income. Ideal for investors, 1031 exchange buyers, or owner-occupants. Convenient to shopping and restaurants.
DO NOT DISTURB TENANTS.

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