Owner
$906,558
2280 NE 38TH ST, LIGHTHOUSE POINT, FL
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
1,840
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Average Condition
Living Area
Garage
1 Story
Pool (Yes)
Masonry
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1958
Building Size
1,840 sq ft
Lot Size
9,365 sq ft
Lot Size (Acres)
0.21 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
48-43-18-07-0260
County
Broward County, Florida
Metro Area
Miami-Fort Lauderdale-West Palm Beach, FL
Zoning
RS-5
Neighborhood/Subdivision
LIGHTHOUSE MANOR 43-42 B
Lot Number
16
School District
Broward County School District
Legal Description
LIGHTHOUSE MANOR 43-42 B LOT 16 BLK 2
Tax & Value Information
Market Value (Total)
$639,690
Building Value
$527,310
Land Value
$112,380
Annual Property Tax
$4,672
Tax Assessment Year
2024
Assessed Value
$235,200
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
9/1/1992
Recording Date
9/1/1992
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$35,079
Return on Investment
15.60%
After Repair Value
$997,214
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$815,902
Renovation Cost
$45,328
Closing Costs (buying)
$16,318
Holding Costs
$24,754
Selling Costs
$59,833
Total Investment
$224,826
After Repair Value (ARV)
$997,214
Total Costs
$962,135
Estimated Profit
$35,079
Cash Invested
$208,508
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area