3020 NE 44th St.

Build-to-sell, capital back at exit

Lighthouse Point canal parcel, 0.28 acre with 100ft of frontage on the North Grand Canal.

Renovation strategy on a 0.28-acre parcel at 3020 NE 44th Street in Lighthouse Point, Florida, improved with a 1965 single-family structure. The lot carries 100 feet of canal frontage on the North Grand Canal with Intracoastal views and aged improvements on the structure. The strategy underwrites two adjacent execution paths: a finish-forward renovation that preserves the existing envelope and repositions the interior and exterior specification, or a more extensive reconstruction that retains the foundation and selected structural elements while replacing systems and finishes wholesale. Either path targets resale into the Lighthouse Point comparable set where recently updated waterfront inventory has cleared at meaningful premiums to original-condition stock. The 100-foot frontage on the North Grand Canal supports dockage-oriented programming at the waterline. Hold duration is expected to span design, permitting, construction, and a marketing window under a standard residential resale schedule. Asking basis of 3.595 million dollars reflects the parcel, frontage, and existing improvements. Capital deployment covers design, permitting, hard construction at the scope elected, finish refresh or replacement, marine improvements as applicable, and carry through listing. Returns are targeted from the spread between all-in basis (purchase plus renovation) and post-renovation resale, with the waterfront frontage, neighborhood identity, and updated specification supporting the exit.

Address

3020 NE 44th St.

City

Lighthouse Point, FL

ZIP

33064

Beds

3

Baths

3

Living sqft

—

Lot sqft

12,197

Year built

1965

Waterfront

CANAL

Real cost waterfall from sponsor proforma — 24-month build cycle, ground-up basis. Lines below are project cash expenses through completion and disposition, including property tax during the hold period.

Source: sponsor proforma · figures are forward-looking estimates · not a guarantee of return