NOT LISTED FOR SALE

423 N Cocoanut 1 Rd Pahokee, FL 33476

Pahokee Area

Estimated Value: $290,000 - $334,000

8 Beds
3 Baths
3,000 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2021

Last sale price $220,000 $73 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,232 / mo

188 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • No Heating
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2021

Rent increase starts Jan. 1st 2021, cash flow $2625 per month, $65,400 if you buy both buildings. Being sold as a package deal with RX-10574163 429 N Cocoanut Rd.(next door) buy both for $440,000 !!! All units fully occupied, just renovated building 4 x 2 bedroom 1 bath, separate water and power meter for each unit. The entire building was just painted, new gutter system, safety lights, security camera, door bells, fire extinguishers, new flooring, up-dated kitchen cabinets, appliances, bathrooms. Each unit has 3 window air conditions, as well as new ceiling fans and light switches. NO CONTRACT FLIPPERS. Listing picture old, see photo's of 429 for idea of property condition

Last Agent to Sell the Property

Karl Schulz

KD Gunther Properties By Friday Realty, LLC License #3238831 Listed on: 11/11/2020

Last Buyer's Agent

Pamela Brooks

Keller Williams Realty/P B License #3152120

Keller Williams Realty/P B

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,124

Year Built

  • Built in 1979

Lot Details

  • 6,534

Home Design

  • Quadruplex
  • Built-Up Roof

Interior Spaces

  • 3 Bathrooms
  • 3,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Linoleum Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Three-Phase Power

Additional Features

  • Exterior Lighting
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Assessor Parcel Number 48374219000003300

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Pahokee Subdivision

Building Details

  • Gross Income $26,400
  • Net Operating Income $19,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,124

Year Built

Built in 1979

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: South Lake Ave. to McClure Rd. to Palm Blvd left on Coconut building on right.
  • Year Built: 1979
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Linoleum
  • Living Area: 3000.0

Exterior Features

  • Exterior Features: Lighting
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Built-Up

Utilities

  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 48374219000003300
  • Lot Size Acres: 0.15
  • Mobile Dim Units: Feet
  • Zoning: R6

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Property Net Operating Income: 19900.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 26400.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4124.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Bought by
Current Estimated Value
$316,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,800
Interest Rate
0.0677%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 1, 2021
Sold by
Bought by
Seller's Agent
Karl Schulz
KD Gunther Properties By Friday Realty, LLC
Buyer's Agent
Pamela Brooks
Keller Williams Realty/P B
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$165,000
Interest Rate
0.0265%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2018
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
0.0572%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1999
Sold by
Bought by

Purchase Details

Closed on
May 10, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$326,000 Patch Reef Title
$220,000 Commonwealth Land Ttl Ins Co
$153,000 None Available
$107,000 Attorney
-- Attorney
$80,000 --
$48,000 --
$13,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $260,800
Previous Owner $165,000
Previous Owner $64,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/01/2021 02/01/21 Sold $220,000 -4.3% $73 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
05/28/2020 05/28/20 For Sale $230,000 -- $77 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,149 $255,821
2024 $6,149 $232,013
2023 $5,401 $210,921 $0 $0
2022 $4,913 $191,746 $0 $0
2021 $4,095 $161,622 $14,280 $147,342
2020 $3,712 $137,140 $14,000 $123,140
2019 $4,128 $152,520 $14,000 $138,520
2018 $3,802 $142,288 $13,693 $128,595
2017 $3,800 $140,502 $11,907 $128,595
2016 $3,763 $132,000 $0 $0
2015 $4,144 $147,756 $0 $0
2014 $3,883 $134,324 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karl Schulz

    Seller's Agent in 2021

    Karl Schulz

    KD Gunther Properties By Friday Realty, LLC

    (561) 379-7881

    24 Total Sales

    Karl Schulz
    Section Image

  • P

    Buyer's Agent in 2021

    Pamela Brooks

    Keller Williams Realty/P B

    (561) 656-2929

    17 Total Sales

    Pamela Brooks
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10626062

BeachesMLS (Greater Fort Lauderdale)

APN: 48-37-42-19-00-000-3300

Florida Palm Beach County Pahokee 33476

423 N Cocoanut 1 Rd, 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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