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.
Multi-familyProperty Type
1967Year Built
7,802 sq ftLot Size
$284Price/Sq.Ft.
Listed by Ram Almog• Berkshire Hathaway Florida Rea
Very nice Four-unit building in Lighthouse Point close to Dan Witt Park! An almost new roof, all impact glass and some units have renovations and have an open concept with breakfast bar. Central A/C. Four - 2 bedrooms 1.5 bath units. Onsite shared laundry room, two storage rooms and a shed. Very stable rent roll-NOI=$34,166-5.30 cap rate. Conveniently located to local shopping and restaurants.
Beaches MLS #F1165244
Feb 23, 2012
Sold
$388,500
$100/sq ft
Dec 8, 2011
Listed
$415,000
$107/sq ft
Great investment property in an absolutely great neighborhood and location. Next door to a park. Owner retiring and motivated to sell.
Public Records
Dec 17, 1992
Sold
$190,000
$49/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$19,134 (+9.8%)
2024
$17,425 (+8.6%)
2023
$16,045 (+10.2%)
2022
$14,555 (+7.4%)
$78,020 + $559,530
$637,550
2021
$13,552 (+12.7%)
$78,020 + $505,300
$583,320
2020
$12,024 (−2.7%)
$78,020 + $435,470
$513,490
2019
$12,357 (+5.7%)
$78,020 + $461,710
$539,730
2018
$11,689 (+10.9%)
$78,020 + $461,710
$539,730
2017
$10,542 (−4.6%)
$78,020 + $386,410
$464,430
2016
$11,055 (+28.2%)
2015
$8,621 (+8.4%)
2014
$7,954 (+5.5%)
2013
$7,541 (+46.2%)
2012
$5,159 (+23.3%)
2011
$4,185
Public record
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
7,802 Sq. Ft.
Year renovated
1972
Finished Sq. Ft.
3,518
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,518
Year built
1967
Style
Multi-Family (2-4 Unit)
County
Broward County
APN
484318080430
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
Climate risks
6/10 Flood Factor
Estimated 53-65% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 26 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lighthouse Point, FL • 33064
Average low and high temperatures (°F)
74
59
77
63
80
67
82
73
87
77
89
78
91
80
92
79
88
77
85
76
81
69
78
66
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Lighthouse Point. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
7.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4731 NE 21st Ter
$1,075,417
$25K under list price of $1.10M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $850K to $5.3M.