Licensed Florida real estate brokerage
Your real estate agent for investment property in Lighthouse Point, FL
Investment Property in Lighthouse Point and the surrounding area, with a licensed real-estate professional. No obligation.
Lighthouse Point is a city of deep-water canals with direct Hillsboro Inlet access, so an investment purchase here is shaped by brackish water, salt air and mid-century block construction. When you choose who to hire, look for a licensed Florida agent or broker (verify the license on the DBPR website) who can explain flood zones, insurance inspections and association rules before your inspection period ends, and who does not promise returns.
Premier Real Estate Group Inc is a licensed Florida real estate brokerage, and its license is valid in every county. The broker of record is Maxim Bohadana, license BK3314523, verifiable on the Florida DBPR website. Your request may be handled by Premier Real Estate Group Inc or referred to a licensed agent, who will contact you by phone or email. The first consultation is free and carries no obligation.
The housing stock is overwhelmingly single-family, and most homes date from the 1950s through the 1970s in concrete block and stucco. Many of those homes are being renovated or replaced with custom waterfront builds. For an investor, that mix of aging systems and new impact-rated hardware affects insurance and upkeep. Many homes sit within a few hundred feet of brackish water, where salt spray wears out garage door hardware, gate operators, exterior lock cylinders and outdoor A/C components faster than inland Broward. Condos are a small share of the market, and formal gated HOA communities are limited. Association rules still matter wherever they apply, so check each property for them. Insurance and flood costs, reassessment of property taxes after purchase, and any rental restrictions should be understood before you commit, and none of them tell you what a property will earn.
What to know in Lighthouse Point
Canal-front flood exposure
Flood zones come from FEMA maps, and a lender generally requires flood insurance on a home in a Special Flood Hazard Area. Homes outside one can still flood, so get flood coverage questions answered before the inspection period ends.
Insurance on older block homes
Insurers commonly ask for a four-point inspection (roof, electrical, plumbing, HVAC) on older homes, and roof age is often the deciding factor in whether coverage is offered. With many homes built in the 1950s through 1970s, ask for insurance feedback early.
Wind mitigation credits
Broward County is in a high-velocity wind zone requiring impact-rated or wind-rated doors. A licensed inspector can document features such as impact-rated openings and roof-to-wall connections on the uniform mitigation form (OIR-B1-1802), which may support premium credits depending on the insurer.
Salt-air wear on systems
Salt-laden air corrodes garage door springs and openers, gate motors, exterior locks and metal dryer-vent and duct components. Humidity also drives mold and moisture in ductwork, so have the inspection look at these items.
Tax reassessment after purchase
The seller's homestead savings do not carry over to an investor. Investment property is generally not eligible for homestead, though a non-homestead assessment cap applies to non-school taxes. Verify details with the county property appraiser.
Association and rental restrictions
Where an HOA or condominium association applies, it may require buyer or tenant approval and estoppel certificates, and its documents may limit leasing or short-term rentals. Local registration rules for vacation rentals may also apply, so confirm them with the city and county before you buy.
How we help
- Property searchWe search single-family rentals, townhomes, small multifamily and condos, matching each to your plan. Because single-family homes dominate Lighthouse Point, we also look at nearby cities where other property types are more common.
- Comparable rents and salesA licensed professional reviews comparable rents and sales so you can judge a property's pricing. These are opinions, not predictions of what a property will rent or sell for.
- Rental restrictions reviewWe help you request association documents and read the leasing and short-term-rental rules before you make an offer. Approval is up to the association.
- Insurance and flood questionsWe point you to your insurance agent for flood, wind and four-point questions while your inspection period is still open.
- Offers and closingWe help with offers and closing for financed or cash purchases, including tenant-occupied properties and entity purchases that need organizational documents for the title company.
Florida rules and paperwork in Lighthouse Point
Florida purchase contracts are often as-is with an inspection period. Sellers must give buyers a flood disclosure (s. 689.302, F.S.). Where a condominium or HOA applies, expect document delivery, possible approval and an estoppel certificate. Condos in buildings three stories or taller are subject to a milestone structural inspection at 30 years (s. 553.899, F.S.) and a structural integrity reserve study (s. 718.112(2)(g), F.S.), so ask for those reports. These can lead to special assessments. For closing taxes, the documentary stamp tax on the deed is 70 cents per 100 dollars of the price (s. 201.02, F.S.). On a new mortgage, the note stamp tax is 35 cents per 100 dollars financed (s. 201.08, F.S.), and the nonrecurring intangible tax is 2 mills (s. 199.133, F.S.). Who pays each item is set by the purchase contract and is negotiable. The free Florida Doc Stamp & Closing Tax Calculator at /tools/florida-closing-costs can help you estimate. Leases fall under Chapter 83, and a foreign-person seller may trigger FIRPTA withholding. Investors buying for their own account are generally not required to be licensed, but anyone managing or leasing property for others for compensation needs a Florida license. Verify with the Florida DBPR, Division of Real Estate, a Florida attorney and CPA, and the county property appraiser.
Premier Real Estate Group Inc is a licensed Florida real estate brokerage (broker license BK3314523). Verify at Florida DBPR.
Timing and next steps
Demand tends to rise ahead of and during hurricane season (May through November) and again from November through April. Statewide, acquisition activity often peaks in winter and spring, while fall can bring more motivated sellers and a fourth-quarter push tied to 1031 exchanges and year-end tax planning. None of this predicts how any one property will perform. To talk through your plan, call (888) 440-3766 or send a request with the form on this page for a free consultation.
We also work with investment buyers in nearby areas including Pompano Beach, Deerfield Beach, Hillsboro Beach, Sea Ranch Lakes, Lauderdale-by-the-Sea, Coconut Creek, Boca Raton, Fort Lauderdale and Margate.
Investment Property in Lighthouse Point: common questions
- Do I need flood insurance on a Lighthouse Point investment property?
- A lender generally requires it on a home in a FEMA Special Flood Hazard Area, and homes outside one can still flood. With so many homes near canals, ask your insurance agent about flood coverage before your inspection period ends.
- How does salt air affect inspections here?
- Salt spray from the Intracoastal and canals corrodes garage door hardware, gate operators, exterior locks and outdoor A/C and duct components. Ask your inspector to check these items, along with the roof and the four-point systems that insurers commonly review.
- Will my property taxes match the seller's?
- Not necessarily. The seller's homestead savings do not carry over to a buyer of investment property, so taxes may be reassessed after purchase. Verify with the county property appraiser.
- Are condos common in Lighthouse Point?
- Condos are a small share of the market compared with neighboring beach cities. If you consider one in a building three stories or taller, ask for the association's milestone inspection and structural integrity reserve study reports.
Tell us what you're looking for — Lighthouse Point
Budget, property type and area. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(888) 440-3766