NOT LISTED FOR SALE

185 Banyan Ave Pahokee, FL 33476

Estimated Value: $212,000 - $239,158

4 Beds
2 Baths
1,425 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $160,000 $112 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,539/month

27 Days on Market

Highlights

  • Water Views
  • Vinyl Flooring
  • 4-minute walk to Pahokee Campground & Marina
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of November 2021

Great investment opportunity. Fully rented duplexes with long term tenants.

Last Listed By

Elizabeth Strehse

Casteland Real Estate Corp License #3033981 Listed on: 10/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1977

Lot Details

  • 6,608 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Vinyl Flooring
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • 2 Units
  • Ridgeway Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 48374218140070210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,055

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Southern Blvd/US-98 W/US-441 N/FL-700/FL-80.Turn right onto US Highway 98/FL-700.Turn slight left onto Muck City Rd/FL-717.Turn left onto Pelican Lake Dr/FL-729.Turn right onto E 7th St/US-98 W/US-44
  • Year Built: 1977
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1425.0
  • Window Features: Blinds

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick Veneer, Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 48374218140070210
  • Lot Size Sq Ft: 6608.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2055.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 10, 2021
Sold by
J & D Rentals Inc
Bought by
Prieto Maria A and Prieto Anaisabel
Seller's Agent
Elizabeth Strehse
Casteland Real Estate Corp
Buyer's Agent
Elizabeth Strehse
Casteland Real Estate Corp
List Price
$139,000
Sold Price
$160,000
Premium/Discount to List
$21,000
15.11%
Total Days on Market
27
Current Estimated Value
$226,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,386
Avg. Annual Appreciation
9.43%
Original Mortgage
$115,000
Outstanding Balance
$110,084
Interest Rate
6%
Mortgage Type
Seller Take Back
Estimated Equity
$109,052

Purchase Details

Closed on
Sep 15, 1998
Sold by
Big Water Inc
Bought by
J & D Rentals Inc

Purchase Details

Closed on
Mar 7, 1995
Sold by
Tillis W F
Bought by
Big Water Inc

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
Prieto Maria A $160,000 Attorney
J & D Rentals Inc $272,600 --
Big Water Inc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prieto Maria A $115,000
Previous Owner J & D Rentals Inc $3,630,000
Closed J & D Rentals Inc $0
Closed J & D Rentals Inc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $160,000 +15.1% $112 / Sq Ft
10/14/2021 10/14/21 For Sale $139,000 -- $98 / 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 $3,411 $130,356 -- --
2023 $3,047 $118,505 $0 $0
2022 $2,749 $107,732 $0 $0
2021 $2,273 $90,680 $10,200 $80,480
2020 $2,055 $76,202 $10,000 $66,202
2019 $2,279 $84,478 $10,000 $74,478
2018 $2,208 $83,465 $9,636 $73,829
2017 $2,202 $82,208 $8,379 $73,829
2016 $2,365 $87,308 $0 $0
2015 $2,333 $82,442 $0 $0
2014 $2,167 $74,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10752058

BeachesMLS

APN: 48-37-42-18-14-007-0210