$2,000,000
Price
Beds
Baths
5,533 Sq. Ft.
$361 / Sq. Ft.
5,533
Sq. Ft.
$361
per Sq. Ft.

Description

Wow! Huge price reduction! Seller says sell now! CURRENT GROSS INCOME $161,208 POTENTIAL GROSS $175-200+ Fantastic Find In The Heart Of Lighthouse Point, 8 Updated Units East Of Us-1. Surrounded By Multi-Million Dollar Residential Properties. All Units Are Large Updated 1 Bed 1 Bath, With Living & Dining Rooms. Located Minutes To Sandy Beaches And Vibrant Shopping, This Is The Money Maker You've Been Waiting For, Location! Location! Location! Perfect For Air Bnb Or Vacation Rentals. All Units Have...Wow! Huge price reduction! Seller says sell now! CURRENT GROSS INCOME $161,208 POTENTIAL GROSS $175-200+ Fantastic Find In The Heart Of Lighthouse Point, 8 Updated Units East Of Us-1. Surrounded By Multi-Million Dollar Residential Properties. All Units Are Large Updated 1 Bed 1 Bath, With Living & Dining Rooms. Located Minutes To Sandy Beaches And Vibrant Shopping, This Is The Money Maker You've Been Waiting For, Location! Location! Location! Perfect For Air Bnb Or Vacation Rentals. All Units Have Central A/C, Hurricane Impact Windows, Doors And Updated Electric. Designated Storage For Each Tenant & Coin Laundry. Roof Is Roughly Around 13 Years. Most A/C Units Were Replaced In The Last 5-6 Years. This Property Is Turnkey And Ready To Go! Call Listing Broker For More Details.

Property Details for 2131 Northeast 40th Court

Subdivision Name
8 Units In Lighthouse Point
Style
Fourplex
Waterfront
No
LISTING UPDATED: 11/24/2025 10:22 AM

Property Details for 2131 Northeast 40th Court

StatusActive
MLS #F10458409
Days on Market474
Taxes$24,262 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1964
Lot Size-
CountyBroward County

Location

Listing Courtesy of Fidelity Real Estate Group LLC
Add your commute

Building Information for 2131 Northeast 40th Court

Stories2Residences-Year Built1964Building Size-Lot Size-

Payment Calculator

$11,905 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,883

Property Taxes

$2,022

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2131 Northeast 40th Court

General Information
General Information
  • Sq Ft Liv Area: 5533.0
  • Information Available: Rent Rolls
  • Township Range: 4843
  • Street Number Numeric: 2131
  • Street Direction Prefix: NE
  • Street Name: 40th Ct.
  • County Or Parish: Broward County
  • Postal Code: 33064
  • City and Location Text: Lighthouse Point
  • Pets On Premises YN: No
  • City Postal ID: 33064
Maintenance / Tax Information
  • Tax Amount: $24,262
  • Tax Information: Tax Reflects No Homestead Tax
  • Tax Year: 2022
Building Information
  • Property Type: Residential Income
  • Property Type Information: Detached
  • Subdivision Complex Bldg: 8 Units In Lighthouse Point
  • Total Units: 8
  • Type of Property: Fourplex
  • Year Built Numeric: 1964
  • Year Built Description: Resale
  • MLS Area: 3221
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Tile Floors
  • Spa: No
  • Flooring: Tile Floors
Exterior
  • Exterior Features: Laundry Facility
  • Construction Type: Concrete Block Construction, Stucco Exterior Construction
  • Pool: No
  • Roof Description: Barrel Roof
  • Windows Treatment: Impact Glass
  • Construction: Concrete Block Construction, Stucco Exterior Construction
  • Roof: Barrel Roof
Waterfront
  • Water Description: Municipal Water
Utilities
  • Cooling Description: Ceiling Fans, Central Cooling
  • Heating Description: Central Heat
  • Cable Available: Yes
  • Separate Meter: Yes
  • Sewer Description: Other Sewer
Property / Lot Information
Building Information
  • Unit Count: 2
  • Type of Association: None
  • Zoning Information: RM-25
  • Num Parking Spaces: 9
  • Num Stories: 2
Community Information
  • Assoc Fee Paid Per: None
  • Gated Community YN: No
  • Property Management: No
Location Information
  • Area: 3221
  • Directions: From US-1 & Sample Head north on US-1 N. Turn right onto NE 39th St/NE 39th Ct. Continue to follow NE 39th St. Turn left onto NE 22nd Ave. Turn left onto NE 40th Ct Destination will be on the right.
  • Geographic Area: North Broward Intracoastal To Us1 (3211-3234)
  • Parcel Number Free Text: 484317030460
  • Section: 17
  • State: FL
Lot Information
  • Approximate Lot Size: 9000
  • Lot Description: Less Than 1/4 Acre Lot
Multi Family Information
Expense Information
  • Exp Incl Acctg Legal: No
  • Exp Incl Adv Lic Permit: No
  • Exp Incl Electric: Yes
  • Exp Incl Extermination: No
  • Exp Incl Gas Oil: No
  • Exp Incl Insurance: Yes
  • Exp Incl Janitor: No
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Maintand Repair: No
  • Exp Incl Management: No
  • Exp Incl Miscellaneous: No
  • Exp Incl Pool Service: No
  • Exp Incl Property Tax: No
  • Exp Incl Replace Reserve: No
  • Exp Incl Retax: Yes
  • Exp Incl Supplies: No
  • Exp Incl Trash: Yes
  • Exp Incl Water Sewer: Yes
  • Total Expenses: $53,962
Income Information
  • Gross Rent Income: $192,000
  • Net Operating Income: $111,446
Rent Information
Rent Information
  • Rent Includes: Hot Water, Lawn Care, Sewer, Trash Removal, Water

Property History for 2131 Northeast 40th Court

DateEvent & SourcePriceAppreciation
Nov 6, 2025

Price Change

GFLR #F10458409

$2,000,000
Aug 8, 2025

Price Change

GFLR #F10458409

$2,499,000
Mar 3, 2025

Price Change

GFLR #F10458409

$2,645,000
Oct 21, 2024

Price Change

GFLR #F10458409

$2,750,000
Oct 21, 2024

Price Change

GFLR #F10458409

$1,274,000
Sep 4, 2024

Listed (Active)

GFLR #F10458409

$2,750,000
Sep 3, 2024

Expired

GFLR #F10419955

Aug 9, 2024

Temp Off Market

GFLR #F10419955

Jan 24, 2024

Listed (Active)

GFLR #F10419955

$2,790,000
Jun 16, 2023

Sold

GFLR #F10362715

$2,100,000
Apr 5, 2023

Pending

GFLR #F10362715

Jan 9, 2023

Listed (Active)

GFLR #F10362715

$2,250,000
Jun 22, 2011

Sold (Public Record)

Public Record #310523024

$540,000
Feb 4, 2011

Cancelled

GFLR #F1043271

Dec 7, 2009

Listed (Active)

GFLR #F1043271

$699,000
DateEvent & SourcePrice
11/06/2025

Price Change

GFLR #F10458409

$2,000,000
08/08/2025

Price Change

GFLR #F10458409

$2,499,000
03/03/2025

Price Change

GFLR #F10458409

$2,645,000
10/21/2024

Price Change

GFLR #F10458409

$2,750,000
10/21/2024

Price Change

GFLR #F10458409

$1,274,000
09/04/2024

Listed (Active)

GFLR #F10458409

$2,750,000
09/03/2024

Expired

GFLR #F10419955

08/09/2024

Temp Off Market

GFLR #F10419955

01/24/2024

Listed (Active)

GFLR #F10419955

$2,790,000
06/16/2023

Sold

GFLR #F10362715

$2,100,000
04/05/2023

Pending

GFLR #F10362715

01/09/2023

Listed (Active)

GFLR #F10362715

$2,250,000
06/22/2011

Sold (Public Record)

Public Record #310523024

$540,000
02/04/2011

Cancelled

GFLR #F1043271

12/07/2009

Listed (Active)

GFLR #F1043271

$699,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2131 Northeast 40th Court

Taxable ValueLand$108,000Additions$1,721,170Total$1,829,170
Tax Record2024$40,743 ($3,395 / month)
Home Facts
Total Finished SqFt5,533 SqFtAbove Grade Finished SqFt5,533 SqFtStories2Lot Size9,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964Year Renovated1975ZoningRM-25CountyBROWARDAPN48-43-17-03-0460

Schools near 2131 Northeast 40th Court

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Norcrest Elementary School
PublicPK to 5

Deerfield Beach Middle School
Public6 to 8

Deerfield Beach High School
Public9 to 12

Somerset Pines Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2131 Northeast 40th Court is a multi-family home for sale in Lighthouse Point, FL 33064. This property was listed for sale on September 4, 2024 by Fidelity Real Estate Group LLC, it's currently listed at $2,000,000. It has been on the market for a total of 474 days and was last sold on June 16, 2023. This listing's school district is Broward. Nearby schools include Norcrest Elementary School, Deerfield Beach Middle School and Deerfield Beach High School. 2131 Northeast 40th Court is a 0-bed, 0-bath, 5,533 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fidelity Real Estate Group LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.