NOT LISTED FOR SALE

286 Daniels 1 Place Unit 1 Pahokee, FL 33476

Estimated Value: $237,000

-- Bed
11 Baths
3,000 Sq Ft
$79/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $60,000 $20 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $1,565/month

54 Days on Market

About This Home

As of January 2014

Currently used as a boarding house with a full time manager. Strong reliable cash flow. Property consist of 13 Units. 10 - 1 Bdr - rents $250 a month; 3 - 2 Bdr - rents $300 a month. After expenses property nets $1,750 a month.

Last Listed By

Darrell Naquin

Coldwell Banker Commercial License #3115925 Listed on: 10/10/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,971

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Total Actual Rent $40,800
  • Assessor Parcel Number 48374218180390050

Community Details

Overview

  • 2 Units
  • Ridgeway Beach Subdivision

Building Details

  • Operating Expense $19,332
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Southern Blvd to Pahokee
  • Year Built: 1959
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 3000.0

Exterior Features

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel #: 48374218180390050
  • Zoning Description: Multifam

Multi Family

  • Property Net Operating Income: 21000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 19332.0
  • Total Actual Rent: 40800.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2571.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2024
Sold by
Accius Nesta M and Accius Fontanes
Bought by
Bell Jermaine
Total Days on Market
54
Current Estimated Value
$237,000

Purchase Details

Closed on
Apr 30, 2015
Sold by
Rc Realty Investments I Llc
Bought by
Accius Neta M

Purchase Details

Listed on
Oct 10, 2013
Closed on
Jan 3, 2014
Sold by
Schenck Kevin L
Bought by
Rc Realty Investments I Llc
Seller's Agent
Darrell Naquin
Coldwell Banker Commercial
List Price
$84,900
Sold Price
$60,000
Premium/Discount to List
-$24,900
-29.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$23,540
Interest Rate
4.43%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 4, 2010
Sold by
Laltoo Claude R
Bought by
Schenck Kevin L

Purchase Details

Closed on
Nov 9, 2006
Sold by
Royal & Swift Enterprises Llc
Bought by
Laltoo Claude R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 27, 2006
Sold by
Y Tommy Housch Corp
Bought by
Royal & Swift Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.21%
Mortgage Type
Stand Alone First

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
Bell Jermaine $140,000 None Listed On Document
Bell Jermaine $140,000 None Listed On Document
Accius Neta M $67,000 None Available
Rc Realty Investments I Llc $60,000 All County Title Svcs Inc
Schenck Kevin L $116,000 All County Title Svcs Inc
Laltoo Claude R $90,000 Clear Title & Abstract
Royal & Swift Enterprises Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rc Realty Investments I Llc $23,540
Previous Owner Laltoo Claude R $100,000
Previous Owner Royal & Swift Enterprises Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2014 01/03/14 Sold $60,000 -29.3% $20 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $84,900 -- $28 / 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 $2,936 $103,074 -- --
2023 $2,853 $99,570 $6,500 $93,070
2022 $2,704 $91,565 -- --
2021 $2,507 $83,241 $6,500 $76,741
2020 $2,498 $82,812 $6,500 $76,312
2019 $2,266 $71,690 $6,500 $65,190
2018 $2,788 $95,420 $6,500 $88,920
2017 $2,684 $90,553 $3,413 $87,140
2016 $2,503 $80,900 $0 $0
2015 $2,738 $88,060 $0 $0
2014 $2,771 $87,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Darrell Naquin

    Coldwell Banker Commercial

  • M

    Seller Co-Listing Agent in 2014

    Marc Romanelli

    Coldwell Banker/WPB

See All Agents

Map

Source: BeachesMLS

MLS Number: R9984610

BeachesMLS

APN: 48-37-42-18-18-039-0050

Florida Palm Beach County Pahokee 33476

286 Daniels 1 Place Unit 1, Pahokee, FL

Homes for Sale in Pahokee, FL

This home is located at 286 Daniels 1 Place Unit 1, Pahokee, FL 33476 since 10 October 2013 and is currently estimated at $237,000, approximately $79 per square foot. This property was built in 1959. 286 Daniels 1 Place Unit 1 is a home located in Palm Beach County with nearby schools including Pahokee Elementary School, Pahokee Middle/Senior High School, and Glades Academy Elementary School.

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.