460 Cypress Ave
Pahokee, FL 33476
- – beds
- – baths
- 2,208 sqft
- $190 per sqft
- 1962 build
- – on site
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.
Last checked:
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Last updated Jan 13, 2025
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MLS# A11719429 —
The Building
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Year Built:1962
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Year Built Details:Resale
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Construction Materials:Other
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Architectural Style:Fourplex
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Stories:1
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Levels:One
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Roof:Shingle
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Building Area Total:2558.0
Interior
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Flooring:Terrazzo
Room Dimensions
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Living Area:2208.0
The Property
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Parcel Number:48374218180340040
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:MF12 (ci
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Lot Features:Other
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (786) 241-6882
- Office phone:
- (305) 921-9789
Taxes
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Tax Year:2023
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Tax Annual Amount:$6,669
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Tax Legal Description:RIDGEWAY BEACH N 105.38 FT OF S 225.75 FT OF E 147.55 FT OF W 172.55 FT OF TR 34 (LESS S 34.63 FT OF E 11.12 FT)
The Listing
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Virtual Tour Unbranded:
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Disclosures:OwnerIsListingAgent
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:CableNotAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Ridgeway Beach
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Pool Features:None
Parking
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Parking Total:5.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/9/25
Jan 9, 2025
|
Listed / Active | MLSM | $420,000 |
