Ridgeway Beach Real Estate Sold
Ridgeway Beach contains (1) subdivisions
1 subdivisions in Ridgeway Beach
Entry-Level
Entry-LevelBelow $300 per SqFt
Ratings
Reviews ()
Results 2 of 2
Last Sold Date
Sold - Apr 28, 2025
$410,000 $10K
- 2,208 SqFt
- $186/SqFt
Entry-Level
Multifamily sold in Ridgeway Beach460 Cypress Ave, Pahokee, FL 33476Do not disturb tenants! As is. His fourplex offers a strong approximate cap rate of 8.75% with potential growth up to 10%. Each unit is a 2/1 rented at $950/month, including one unit on section 8. Annual expenses include $6, 600 in taxes, $1, 000 for landscaping, and $3, 000 for miscellaneous costs, totaling $11, 600. Net annual income is approximately $35, 000 after expenses. Zoning information and the potential to build additional units, as permitted by the city of pahokee, are included. Don’t miss this chance to invest in a property with steady income and growth potential! No contingency to appraisal.
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Community Snapshot
3 to 3 BR
Bedrooms
N/A
Price Tier
N/A
SqFt Range
1962
Year Build
1
Total Floors
N/A
Total Units
N/A
Total Sales
Subdivision Amenities
Boating
None
Nearby Subdivisions
Scores
29
100
0
100
44
100
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100
Ridgeway Beach Communities in Pahokee, FL
Entry-Level
Entry-Level 1
Inactive Segment
Inactive Segment 1
Pahokee
Entry-Level
Entry-Level Homes & CondosRelated Searches in Pahokee, FL
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