5120 NE 22nd Avenue, Lighthouse Point, FL 33064

$1,170,000 · 2,779 square feet · Active Under Contract

RARE EAST OF FEDERAL LIGHTHOUSE POINT INVESTMENT OPPORTUNITY! Discover this fully renovated, income-producing duplex ideally positioned on a private corner lot in one of South Florida's most desirable coastal communities. Offering two beautifully updated residences, separate electric meters, private fenced backyards, extensive parking, and exceptional flexibility, this turnkey property is ideal for investors, owner-occupants looking to offset their mortgage with rental income, or multi-generational living. UNIT A features 2 bedrooms, a 3rd flex bedroom ideal for a home office, gym, guest space, or additional living area, 2 bathrooms & a dedicated laundry room. The renovated kitchen offers custom cabinetry and abundant storage, while the spacious primary suite features a relaxing jacuzzi tub. Waterproof flooring throughout means NO CARPET, and the oversized private fenced backyard provides incredible outdoor space. UNIT B offers 3 bedrooms, 2 bathrooms, a flexible office/reading/workspace area, beautifully remodeled kitchen and bathrooms, contemporary finishes, and its own private fenced backyard. Both residences feature IMPACT WINDOWS & DOORS and have been thoughtfully renovated for truly move-in-ready living. One of the property's standout features is the exceptional amount of usable outdoor and parking space. A large circular paver driveway provides ample off-street parking, while the expansive side and rear yard offers room to accommodate a BOAT, RV, LARGE TRAILER, or additional vehicles. The property's layout may also provide the opportunity to create separate driveway areas for each residence, subject to applicable approvals. Furniture is negotiable, giving buyers the option to purchase the property furnished for a more seamless turnkey investment or unfurnished to personalize each residence. Situated EAST OF FEDERAL HIGHWAY and minutes from Deerfield Beach, Hillsboro Beach, Pompano Beach, the Intracoastal Waterway, marinas, public boat ramps, waterfront dining, boutique shopping, parks, golf, fishing, and boating. Convenient access to Federal Highway, I-95, and South Florida airports makes this an outstanding location for both residents and tenants. Live in one side and rent the other, lease both residences for income potential or add a beautifully renovated coastal multifamily property to your real estate portfolio. A rare opportunity to own a turnkey duplex combining LOCATION, LIFESTYLE, PARKING, PRIVACY, and INCOME POTENTIAL in highly desirable Lighthouse Point!

Listing courtesy of EXP Realty, the listing brokerage, 443-340-2200. MLS number B26081914.