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
Est. equity
27%
Comp ARV
$1,679,000
Max offer
$1,203,087
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
- 1306
- Status
- active
Location
- County
- Broward County
- Zip Code
- 33064
- Coordinates
- 26.2938, -80.0910
Represented by Academia
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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
65/100
Strong
is scored →
~27% estimated equity to comp-based ARV (full marks at 30%+). Estimate — verify comps + rehab.
6.0% off original list (full marks at 25%+).
1306 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.
Deal scorecard
How four stakeholders read this deal
Strengths
- equity cushion a lender likes (LTV to ARV ≈ 61%)
- financeable via conventional or portfolio lender
Risks
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
- Permit history limited outside Fort Lauderdale in Broward — verify open permits with the AHJ
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- equity cushion a lender likes (LTV to ARV ≈ 61%)
- financeable via conventional or portfolio lender
What an insurer sees
Insurance / 4-point
insurability v1. Broward is entirely within the HVHZ (High-Velocity Hurricane Zone) — r…
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
What a GC / AHJ sees
Permits / condition
Permit data from Broward permit records (Fort Lauderdale coverage; other cities limited…
- Permit history limited outside Fort Lauderdale in Broward — verify open permits with the AHJ
4-point — last permit
- Roofnone
- Electricalnone
- Plumbingnone
- HVACnone
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
5051 NE 24th Avenue, Lighthouse Point FL 33064, Lighthouse Point, FL
Comp-based ARV — 8 closed comp(s), high confidence.
Recommended max offer
$1,149,300
Room vs list (room below list)
$124,300
Est. equity
$457,920
27% of ARV, at list
ROC at list
38%
Est. all-in at list
$1,221,080
list + rehab + txn + carry
70% rule MAO
$1,149,300
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.
The comps behind the ARV
$1,679,000 after-repair value
5 recent closed sales nearby · high confidence · range $1,103,000–$1,751,000
| Closed sale | Close $ | $/sqft | Date |
|---|---|---|---|
| 2521 NE 51st Street, Lighthouse Point FL 33064renovated0.1 mi | $925,000 | $493 | 2026-05-18 |
| 2650 NE 50th Street, Lighthouse Point FL 330640.3 mi | $895,000 | $495 | 2026-06-12 |
| 2650 NE 52nd Street, Lighthouse Point FL 330640.2 mi | $950,000 | $442 | 2026-06-01 |
| 2701 NE 52nd St, Lighthouse Point FL 33064renovated0.3 mi | $995,000 | $454 | 2026-05-31 |
| 4450 NE 24th Terrace, Lighthouse Point FL 33064renovated0.5 mi | $1,660,000 | $911 | 2026-06-30 |
Comparable data, not an appraisal. ARV is the median closed $/sqft of these comps applied to this home's size. Verify condition, location, and adjustments independently.