NOT LISTED FOR SALE

137 E Main St Pahokee, FL 33476

Estimated Value: $168,999

-- Bed
-- Bath
4,660 Sq Ft
$36/Sq Ft Est. Value

Last Sold March 14, 2016

Last sale price $82,500 $18 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,134/month

21 Days on Market

Highlights

  • Water Views
  • Central Heating and Cooling System
  • 4-minute walk to Pahokee Campground & Marina
  • Tile Flooring

About This Home

As of March 2016

Historic building in downtown Pahokee. Conveniently located to all amenities. Building comprised of two apts upstairs and two commercial spaces downstairs. Fully rented. NET CAP RATE OF OVER 19% with current expenses. Survey and financials available.

Last Agent to Sell the Property

Mark Hamilton

Real Estate of Florida Broward County Inc. License #3238020 Listed on: 01/22/2016

Last Buyer's Agent

Sherman Pope

Todd Realty, Inc License #3284527

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 2,982 Sq Ft Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,660 Sq Ft Home
  • 2-Story Property
  • Water Views

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $26,760
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 48374218180000221

Community Details

Overview

  • 4 Units
  • Ridgeway Beach Subdivision

Building Details

  • Operating Expense $8,920
  • Net Operating Income $17,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: GPS Pahokee
  • Year Built: 1928
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Living Area: 4660.0

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 48374218180000221
  • Lot Size Sq Ft: 2982.0
  • Zoning Description: C1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 17840.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 8920.0
  • Total Actual Rent: 26760.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2075.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 14, 2016
Sold by
Todd Flora W and The Clifton Lamar Todd Sr And
Bought by
Caldwell Eunice
Seller's Agent
Mark Hamilton
Real Estate of Florida Broward County Inc.
Buyer's Agent
Sherman Pope
Todd Realty, Inc
List Price
$84,900
Sold Price
$82,500
Premium/Discount to List
-$2,400
-2.83%
Current Estimated Value
$168,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,499
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Jun 18, 2004
Sold by
Honeycutt George E
Bought by
Todd Todd Flora W Flora W and Todd Clifton L

Purchase Details

Closed on
Jul 13, 1993
Sold by
Honeycutt Dempsey
Bought by
Honeycutt George E
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Caldwell Eunice $82,500 Attorney
Todd Todd Flora W Flora W $90,000 --
Honeycutt George E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2016 03/14/16 Sold $82,500 -2.8% $18 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $84,900 -- $18 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,995 $98,594 -- --
2023 $2,999 $99,174 $5,964 $93,210
2022 $2,820 $90,974 $0 $0
2021 $2,653 $83,244 $5,964 $77,280
2020 $2,619 $81,804 $5,964 $75,840
2019 $2,576 $78,284 $5,964 $72,320
2018 $2,481 $76,214 $5,964 $70,250
2017 $2,455 $73,704 $5,964 $67,740
2016 $2,197 $61,433 $0 $0
2015 $2,075 $55,848 $0 $0
2014 $2,245 $60,588 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Hamilton

    Seller's Agent in 2016

    Mark Hamilton

    Real Estate of Florida Broward County Inc.

    (772) 214-0261

    40 Total Sales

    Mark Hamilton
    Section Image

  • S

    Buyer's Agent in 2016

    Sherman Pope

    Todd Realty, Inc

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10201057

BeachesMLS

APN: 48-37-42-18-18-000-0221

Florida Palm Beach County Pahokee 33476

137 E Main St, Pahokee, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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