NOT LISTED FOR SALE

423 N Cocoanut Rd Pahokee, FL 33476

Pahokee Area

Estimated Value: $316,495

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

Sale Details

Date Sold: November 1, 2018

Last sale price $153,000 $51 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,232 / mo

58 Days on Market

About This Home

As of November 2018

Great investment property, this Four-Plex is Ready to sell. 4 units, 8 bedrooms 4 bathrooms total. 100% rented month to month cash. Each unit is a 2 bedroom /1 bathroom they all have individual water and power meter, tenants pays for utilities. More income potential. Drive by only at this time, please do not disturb tenants. SORRY NO CONTRACT FLIPPERS.

Last Agent to Sell the Property

Karl Schulz

KD Gunther Properties By Friday Realty, LLC License #3238831 Listed on: 08/15/2018

Last Buyer's Agent

Karl Schulz

KD Gunther Properties By Friday Realty, LLC License #3238831 Listed on: 08/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1979

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Quadruplex
  • Built-Up Roof

Interior Spaces

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

Utilities

  • No Cooling
  • No Heating
  • Three-Phase Power

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 $24,000
  • Net Operating Income $17,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

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: E 7th Street to McClure Rd to Palm Blvd
  • 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: None
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Built-Up

Utilities

  • Cooling: None
  • Cooling Y N: No
  • 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: 17500.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 24000.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3800.0

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
Outstanding Balance
$255,577
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$60,918

Purchase Details

Closed on
Feb 1, 2021
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
$165,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2018
Closed on
Nov 1, 2018
Sold by
Bought by
Seller's Agent
Karl Schulz
KD Gunther Properties By Friday Realty, LLC
Buyer's Agent
Karl Schulz
KD Gunther Properties By Friday Realty, LLC
List Price
$195,000
Sold Price
$153,000
Premium/Discount to List
-$42,000
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%

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
5.72%
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
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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
11/01/2018 11/01/18 Sold $153,000 -21.5% $51 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $195,000 -- $65 / 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 2018

    Karl Schulz

    KD Gunther Properties By Friday Realty, LLC

    (561) 379-7881

    24 Total Sales

    Karl Schulz
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10455825

BeachesMLS (Greater Fort Lauderdale)

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

Florida Palm Beach County Pahokee 33476

423 N Cocoanut 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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