At $3 per square foot, this 1979 waterfront townhouse is priced like a tear-down or distressed property—you'll want a thorough inspection and clear understanding of what's driving that valuation before proceeding. Lighthouse Point is a desirable waterfront community, so the location is solid, but a 45-year-old unit with just two bedrooms and a postage-stamp lot (0.024 acres) limits your upside unless there's significant renovation potential or the price reflects genuine structural issues. The lack of HOA is a plus for flexibility, but verify what waterfront rights actually come with the property and whether there are any flood zone or maintenance concerns specific to this age and condition.

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