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2131 NE 40th Ct
Lighthouse Point, FL 33064 Outer Pompano Beach/Deerfield Beach

$2,000,000 USD

Apartments For Sale  •  6,515 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,515 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 5.57 %
  • Zoning RM-25
0 Transit Score
73 Walk Score

Highlights

8 Updated Units East Of Us-1
All Units Are Large Updated 1 Bed 1 Bath, With Living & Dining Rooms
Located Minutes To Sandy Beaches And Vibrant Shopping
Perfect For Possible Air Bnb Or Vacation Rentals

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $113,865 USD (2025)
Cap Rate: 5.57 %
Total Expenses: $50,635 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Laundry Facilities
  • Storage Space
  • Kitchen
  • Refrigerator
  • Double Pane Windows
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 8 min - 3.4 mi
Deerfield Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 12 min - 5.4 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 29 min - 19.7 mi
Palm Beach International 45 min - 33.9 mi
Miami International 65 min - 44.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Carlos Montoya 954-234-7653 Fidelity Real Estate Group
Carlos Montoya 954-234-7653 Fidelity Real Estate Group