Ridgeway Beach, 460 Cypress Ave, Pahokee, FL 33476
420,000(-2.38% )
2,208SqFt
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Status:
Sold - Apr 28, 2025
Size: 2,208 SqFt (205 m2)
Price: $186/SqFt ($1,999/m2)
Type: Multi Family
Built: 1962
MLS Number: A11719429
On Site: 451 Days
Updated: 341 Days ago
Page Views: 0
Do 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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Terrazzo
        • Year Built: 1962
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-01-09T19:31:21.000-00:00
          Taxes, Fees & More
          • Taxes: 6669
          Apples-to-Apples Comparables
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          IN Ridgeway Beach at Pahokee?
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          Price History
          04/28/2025
          Date
          Sold
          Event
          $410K
          Price
          -2.38%
          Change Rate
          $186 ft2 / $1,999 m2
          Price Per
          01/07/2025
          Date
          Listed
          Event
          $420K
          Price
          $190 ft2 / $2,048 m2
          Price Per
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Jeahnny RendonBelhouse Real Estate, LLC • Buyer Agency Compensation .
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