460 Cypress Ave Pahokee, FL, 33476

$420,000Price
2,208SqFt

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Size: 2,208 ft2 / 205 m2
Price: $190 ft2 / $2,048 m2
Built: 1962
MLS Number: A11719429
On Site: 11 Days
Updated: 8 Days ago
Page Views: 0
Do not disturb tenants! This 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 $10,600. 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
Price History
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 .

Instant Comparative Market Analysis
$100/ft²
$100/ft²
$200/ft²
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Unit 460 Cypress Ave – Asking

$190/ft²

(+12%) from Closed Medium $/ft²

Closed Medium $/ft²

$170/ft²
Community $/Price Range (Closed) $128/ft² – $170/ft²
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