460 Cypress Avenue, Pahokee, FL 33476
- $410,000
- 2,208
- SqFt
- Sold Price
- $410,000
- List Price
- $420,000
- Days on Market
- 95
- Closing Date
- Apr 28, 2025
- MLS#
- A11719429
- Sq. Ft
- 2,208
- Subtype
- Quadruplex
- County
- Palm Beach
- Subdivision
- Ridgeway Beach
- Year Built
- 1962
Property Description
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.
/u.realgeeks.media/thekullgroup/Kull-Logo.png){kind=logo}
Additional Information
- Construction
- Other
- Cooling
- Central Air
- Flooring
- Terrazzo
- Heating
- Central, Separate Meters
- Roof
- Shingle
- Taxes
- $6,669
- Utilities
- Cable Not Available
- Stories
- 1
- Price Per Sqft
- $185
Mortgage Calculator
Listing courtesy of Belhouse Real Estate, LLC. Contact:
Selling Office: Kesk Global Realty.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Jeahnny L Rendon | Email: jheannyrendon22@gmail.com