NOT LISTED FOR SALE

423 N Cocoanut Rd Unit 1 Pahokee, FL 33476

Estimated Value: $317,337 - $343,000

8 Beds
4 Baths
3,000 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $326,000 $109 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,240/month

81 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Wall Furnace

About This Home

As of August 2024

NO CONTRACT FLIPPERS. Twin buildings up from grabs. Nicely maintained quad plex on a dead end street with lots of green space. Ceiling fans in each unit and Pest control services in place to keep the property clean. New Buyer can assume the pest control service at their cost. Several units were upgraded. Building being sold as a package deal with RX-10994336, 429 N. Cocoanut Road 5. Buy both buildings for $780,000.

Last Agent to Sell the Property

Pamela Brooks

Keller Williams Realty/P B License #3152120 Listed on: 06/07/2024

Keller Williams Realty/P B

Last Buyer's Agent

Eddie Petasne

Century 21 King Realty License #3252806

Century 21 King Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,401

Year Built

  • Built in 1979

Lot Details

  • 6,930 Sq Ft Lot

Home Design

  • Built-Up Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 48374219000003300

Community Details

Overview

  • 4 Units
  • Pahokee Subdivision

Building Details

  • Operating Expense $28,629
  • Net Operating Income $3,756

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,401

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: South Lake Avenue to McClure Road to Palm Blvd., then left on Cocoanut Road. Building is on the right.
  • Year Built: 1979
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Private Spa: No
  • Living Area: 3000.0
  • Window Features: Blinds

Exterior Features

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 48374219000003300
  • Lot Size: 66.0 ft x 105.0 ft
  • Lot Size Sq Ft: 6930.0
  • Zoning Description: SFMH(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 3756.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 28629.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5401.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Aug 21, 2024
Sold by
Brown Valerie and Brown Lascelles
Bought by
Llk Property Solution Llc
Seller's Agent
Pamela Brooks
Keller Williams Realty/P B
Buyer's Agent
Eddie Petasne
Century 21 King Realty
List Price
$400,000
Sold Price
$326,000
Premium/Discount to List
-$74,000
-18.5%
Views
9
Current Estimated Value
$328,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,584
Avg. Annual Appreciation
0.62%
Original Mortgage
$260,800
Outstanding Balance
$257,309
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$71,275

Purchase Details

Closed on
Feb 1, 2021
Sold by
Shaphon Llc
Bought by
Brown Valerie and Brown Lascelies

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2018
Sold by
423 Coconut Llc
Bought by
Shaphon Llc

Purchase Details

Closed on
Jun 1, 2018
Sold by
Snow Investments Llc
Bought by
423 Coconut Llc

Purchase Details

Closed on
Feb 3, 2008
Sold by
Snow James M and Snow Kendra
Bought by
Snow Investments Llc

Purchase Details

Closed on
Jun 17, 2004
Sold by
Congleton Steven C and Congleton Kristin M
Bought by
Snow James M and Snow Kendra J

Purchase Details

Closed on
Aug 20, 1999
Sold by
Lewis Kenneth O and Lewis Sue L
Bought by
Congleton Steven C and Congleton Kristin M

Purchase Details

Closed on
May 10, 1996
Sold by
Palm Beach County Circuit Court
Bought by
Bankers Trust Co Of California
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

Date Buyer Sale Price Title Company
Llk Property Solution Llc $326,000 Patch Reef Title
Llk Property Solution Llc $326,000 Patch Reef Title
Llk Property Solution Llc $326,000 Patch Reef Title
Llk Property Solution Llc $326,000 Patch Reef Title
Brown Valerie $220,000 Commonwealth Land Ttl Ins Co
Brown Valerie $220,000 Commonwealth Land Ttl Ins Co
Shaphon Llc $153,000 None Available
Shaphon Llc $153,000 None Available
423 Coconut Llc $107,000 Attorney
423 Coconut Llc $107,000 Attorney
Snow Investments Llc -- Attorney
Snow Investments Llc -- Attorney
Snow James M $80,000 --
Snow James M $80,000 --
Congleton Steven C $48,000 --
Congleton Steven C $48,000 --
Bankers Trust Co Of California $13,500 --
Bankers Trust Co Of California $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Llk Property Solution Llc $260,800
Closed Llk Property Solution Llc $260,800
Previous Owner Brown Valerie $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $326,000 -18.5% $109 / Sq Ft
06/07/2024 06/07/24 For Sale $400,000 -- $133 / 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
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

  • P

    Seller's Agent in 2024

    Pamela Brooks

    Keller Williams Realty/P B

    (561) 656-2929

    4 in this area

    20 Total Sales

    Pamela Brooks
    Section Image
  • Eddie Petasne

    Buyer's Agent in 2024

    Eddie Petasne

    Century 21 King Realty

    (305) 479-8138

    3 in this area

    38 Total Sales

    Eddie Petasne
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10994331

BeachesMLS

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

Florida Palm Beach County Pahokee 33476

423 N Cocoanut Rd Unit 1, Pahokee, FL

Not Listed for Sale

MultiFamily

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