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.
Sold for $410,000
$410,000
460 Cypress Ave, Pahokee, FL 33476
8beds
4baths
2,208sqft
Quadruplex
Built in 1962
-- sqft lot
$513,900 Zestimate®
$186/sqft
$1,758 Estimated rent
Home value
$513,900
$452,000 - $581,000
$1,758/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jeahnny Rendon 786-241-6882,
Belhouse Real Estate, LLC
Bought with:
Karel Lens, 3539877
Kesk Global Realty
Source: MIAMI,MLS#: A11719429
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Terrazzo
Interior area
- Total structure area: 2,558
- Total interior livable area: 2,208 sqft
Property
Parking
- Total spaces: 5
Features
- Stories: 1
Lot
- Features: Other
Details
- Parcel number: 48374218180340040
- Zoning: MF12 (ci
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Other
- Roof: Shingle
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Ridgeway Beach
HOA
- Has HOA: No
Location
- Region: Pahokee
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $271,844
- Annual tax amount: $6,669
- Date on market: 1/8/2025
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2025 | Sold | $410,000-2.4%$186/sqft |
Source:  MIAMI #A11719429 Report a problem | ||
| 4/14/2025 | Pending sale | $420,000$190/sqft |
Source: MIAMI #A11719429 Report a problem | ||
| 1/10/2025 | Listed for sale | $420,000+16.7%$190/sqft |
Source: MIAMI #A11719429 Report a problem | ||
| 6/3/2022 | Sold | $360,000-5.3%$163/sqft |
Source: MIAMI #A11114045 Report a problem | ||
| 10/20/2021 | Listed for sale | $380,000+153.3%$172/sqft |
Source: MIAMI #A11114045 Report a problem | ||
| 9/25/2008 | Sold | $150,000$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,685 +0.2% | $271,844 +2.8% |
| 2024 | $6,669 +11.9% | $264,377 +10% |
| 2023 | $5,960 +58.2% | $240,343 +71.8% |
| 2022 | $3,767 +9% | $139,911 +10% |
| 2021 | $3,455 +4.9% | $127,192 +6.2% |
| 2020 | $3,293 -5.6% | $119,736 -3.7% |
| 2019 | $3,489 | $124,358 +10% |
| 2018 | $3,489 +12.3% | $113,053 +3.3% |
| 2017 | $3,107 +1.7% | $109,481 -5.3% |
| 2016 | $3,054 -6.1% | $115,572 |
| 2015 | $3,252 +2.6% | $115,572 +7.7% |
| 2014 | $3,169 +9% | $107,318 +10% |
| 2013 | $2,907 +5.4% | $97,562 +7.3% |
| 2012 | $2,757 -1.3% | $90,925 |
| 2011 | $2,793 -1% | $90,925 -1.2% |
| 2010 | $2,820 -5.1% | $92,061 -9.5% |
| 2009 | $2,973 -0.5% | $101,706 -6.7% |
| 2008 | $2,987 +3.4% | $108,970 |
| 2007 | $2,889 -7.7% | $108,970 -2.7% |
| 2006 | $3,130 | $111,953 -41% |
| 2005 | -- | $189,644 +2.5% |
| 2004 | $2,946 +544.7% | $184,994 +31% |
| 2003 | $457 -88.8% | $141,228 -1.3% |
| 2002 | $4,089 +16.8% | $143,088 +16.5% |
| 2001 | $3,501 +27.7% | $122,860 +6.6% |
| 1999 | $2,741 | $115,262 |
Find assessor info on the county website
Neighborhood: 33476
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Nearby schools
GreatSchools rating
- 7/10Pahokee Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Pahokee Middle-Senior High SchoolGrades: 6-12Distance: 0.7 mi
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Estimated market value
$513,900
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Estimated market value
$513,900
- Florida
- Palm Beach County
- Pahokee
- 33476
- 460 Cypress Ave
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