For Sale Multi-Family MLS# B26097333

4731 NE 21ST Terrace

Lighthouse Point, FL 33064

$1,100,000

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About 4731 NE 21ST Terrace

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.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1967
Stories
2
Living area
3,877 sqft
Price / sqft
$284
Lot
0.18
Original price
$1,100,000
MLS #
B26097333

Interior

Flooring
Tile
Heating
Central, Electric, Separate Meters
Cooling
Central Air, Ceiling Fan(s), Electric
Laundry
Laundry Room
Windows
Blinds, Storm Window(s)

Exterior & lot

Features
Garden, Outdoor Living Area, Storage, Outbuilding, Shed(s), Parking spaces: 15
Construction
CBS (Concrete Block Structure), Block, Stucco
Roof
Composition, Shingle
Foundation
Concrete Perimeter, Slab
Lot
RM-16
Patio & porch
Covered, Patio
Fence
Back Yard, Fenced
View
Other

Schools

District
Broward County School District
Elementary
Norcrest
Middle
Deerfield Beach
High
Deerfield Beach

Utilities

Utilities
Public Sewer, Public, Cable Available, Sewer Connected, Water Available
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$19,134
Tax year
2025
Parcel
484318080430
Legal
CORAL KEY VILLAS 5TH SEC 45-14 B LOT 5 BLK 23
Special conditions
Listed As-Is, Standard

Location

Subdivision
CORAL KEY VILLAS 5TH SEC
Area
3221
County
Broward
Neighborhood
Coral Key Villas
Community
0.0
Directions
From N Federal Hwy turn East on NE 48 St, right on NE 22 Ave and a quick right on NE 21 Ter to property.

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Listed by Ram Almog, Berkshire Hathaway Florida Rea

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.