1 / 255051 NE 24th Avenue, Lighthouse Point FL 33064
Lighthouse Point, FL
List Price
$1,025,000
Type
Single Family
Bedrooms
3
Bathrooms
4
Price / SqFt
$458/sqft
Price reduction
6% below original list — was $1,090,000
From the listing
BEAUTFIFUL 3 BEDROOM 4 FULL BATHROOM HOME IN WONDERFUL LIGHTHOUSE POINT, PVC PIPES THROUGHOUT HOME (2021), NEW AC UNIT (2021/SPLIT AC (2021), NEW KITCHEN APPLIANCES (2021), GRANITE KITCHEN COUNTERTOPS, ROOF RESTORED (2021), SALT WATER POOL AND SPA WITH AQUA LINK I LINK CONTROLS, THEATER ROOM WITH 130 INCH PROJECTION SCREEN AND NEW AMPLIFIER (2021), MASTER BATH FULLY UPGRADED, PGT HURRICANE IMPACT WINDOWS THROUGHOUT HOME, FULL CABANA BATHROOM, AND LAUNDRY ROOM.
Property Information
- Square Feet
- 2,239
- Units
- 1
- Days on Market
- 1396
- Status
- active
Location
- County
- Broward County
- Zip Code
- 33064
- Coordinates
- 26.2938, -80.0910
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
Permit history
Permit records
Live permit data isn’t available via open data for this jurisdiction yet — check the official record directly.
Private inquiry
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Why this deal
- 6% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
49/100
Fair
is scored →
Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.
6.0% off original list (full marks at 25%+).
1396 days on market (full marks at 120+ — more time = more leverage).
No explicit distress language in the public remarks.
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.
Deal scorecard
How four stakeholders read this deal
Risks
- Negative estimated equity — buying above estimated ARV, verify comps
- Roof age ~46 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Negative estimated equity — buying above estimated ARV, verify comps
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- thin equity — lender-unfriendly LTV (≈ 101% of ARV)
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. B…
- Roof age ~46 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
What a GC / AHJ sees
Permits / condition
Permit records for Lighthouse Point are not machine-readable by us yet, so no permit search was run. Verify directly with the building department.
4-point — last permit
- Roofnot covered
- Electricalnot covered
- Plumbingnot covered
- HVACnot covered
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-09-07. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
5051 NE 24th Avenue, Lighthouse Point FL 33064, Lighthouse Point, FL
ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.
Recommended max offer
$638,162
Room vs list (above list)
$386,838
Est. equity
-$150,300
-15% of ARV, at list
ROC at list
-13%
Est. all-in at list
$1,175,300
list + rehab + txn + carry
70% rule MAO
$691,500
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.