4731 NE 21ST Terrace
Lighthouse Point, FL 33064
$1,100,000
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.
| List Price: | $1,100,000 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Living Area: | 3,877 |
| Tax Annual Amount: | $19,134 |
| Lot Size Acres: | 0.18 |
| Waterfront?: | No |
| Subdivision: | Coral Key Villas 5 Th Sec |
| Year Built: | 1967 |
| Association?: | No |
| Basement Yn: | No |
| Building Area Source: | Appraiser |
| Construction Materials: | CBSConcreteBlockStructure, Block, Stucco |
| Cooling: | CentralAir, CeilingFans, Electric |
| Elementary School: | Norcrest |
| Exterior Features: | Garden, OutdoorLivingArea, Storage |
| Fencing: | BackYard, Fenced |
| Heating: | Central, Electric, SeparateMeters |
| High School: | Deerfield Beach |
| Levels: | Two |
| Listing Contract Date: | 2026-11-06 |
| Lot Features: | CornerLot, SprinklersAutomatic, LessThanQuarterAcre |
| Lot Size Dimensions: | 70x101x86x100 |
| Middle Or Junior School: | Deerfield Beach |
| MLS Area Major: | 3221 |
| Mobile Dim Units: | Feet |
| New Construction?: | No |
| Number Of Units In Community: | 4 |
| Original List Price: | $1,100,000 |
| Other Structures: | Outbuilding, Sheds, Storage |
| Parcel Number: | 484318080430 |
| Parking Total: | 15 |
| Pets Allowed: | NoPetRestrictions, Yes |
| Possession: | Negotiable |
| Postal City: | Lighthouse Point |
| Property Condition: | Resale |
| Roof: | Composition, Shingle |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard, ListedAsIs |
| Stories Total: | 2 |
| Tax Year: | 2025 |
| View?: | Yes |
| Window Features: | Blinds, StormWindows |
| Current Price: | $1,100,000.00 |
| Country Subdivision: | 12011 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12011:484318080430 |
| Listing Id: | B26097333 |
|---|---|
| Property Sub Type: | Quadruplex |
| Association Fee: | $0 |
| City: | Lighthouse Point |
| County Or Parish: | Broward |
| Postal Code: | 33064 |
| Number Of Units Total: | 4 |
| Accessibility Features: | None |
| Building Area Total: | 3877.0 |
| Cooling?: | Yes |
| 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. |
| Disclosures: | FloodInsuranceRequired, FloodPlainDisclosure, OwnerIsListingAgent |
| Financial Data Source: | Owner |
| Flooring: | Tile |
| Foundation Details: | ConcretePerimeter, Slab |
| Gross Income: | $981,000 |
| Heating?: | Yes |
| Laundry Features: | LaundryRoom |
| Listing Agreement: | ExclusiveRightWithException |
| Listing Terms: | Cash, Conventional, Exchange1031, FHA, Other |
| Living Area Source: | Appraiser |
| Lot Size Area: | 7802.0 |
| MLS Area Minor: | Nus1 - North Broward Intracoastal To Us1 (3211-3234) |
| Net Operating Income: | $59,100 |
| Number Of Separate Electric Meters: | 5 |
| Patio And Porch Features: | Covered, Patio |
| Pool Private?: | No |
| Postal Code Plus4: | 7146 |
| Senior Community?: | No |
| State Or Province: | FL |
| Stories: | 2 |
| Tenant Pays: | CableTv, Electricity |
| Utilities: | CableAvailable, SewerConnected, WaterAvailable |
| View: | Other |
| Water Source: | Public |
| Zoning: | RM-16 |
| Property Sub Type Additional: | Quadruplex |
| List Office National Association Id: | 276591603 |
| Pets Allowed Yn: | Yes |
| Record Signature: | 2,061,731,608 |
Listing Courtesy of: Berkshire Hathaway Florida Rea
Listing Agent: Ram Almog
561-208-6483
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 BeachesMLS, Inc. All rights reserved.
BeachesMLS data last updated on November 07, 2026 05:06 AM - ET
Property Last Updated: November 07, 2026 05:06 AM - ET
