NOT LISTED FOR SALE

460 Cypress Ave Pahokee, FL 33476

Pahokee Area

Estimated Value: $364,000 - $413,174

8 Beds
4 Baths
2,208 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2025

Last sale price $410,000 $186 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,672 / mo

95 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Terrazzo Flooring

About This Home

As of April 2025

DO NOT DISTURB TENANTS! AS IS. his fourplex offers a strong approximate cap rate of 8.75% with potential growth up to 10%. Each unit is a 2/1 rented at $950/month, including one unit on Section 8. Annual expenses include $6,600 in taxes, $1,000 for landscaping, and $3,000 for miscellaneous costs, totaling $11,600. Net annual income is approximately $35,000 after expenses. Zoning information and the potential to build additional units, as permitted by the City of Pahokee, are included. Don’t miss this chance to invest in a property with steady income and growth potential! No contingency to appraisal.

Last Agent to Sell the Property

Jeahnny Rendon

Belhouse Real Estate, LLC License #3352098 Listed on: 01/08/2025

Last Buyer's Agent

Karel Lens

Kesk Global Realty License #3539877

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,669

Year Built

  • Built in 1962

Lot Details

  • 0.35

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Cable TV Not Available

Listing and Financial Details

  • Assessor Parcel Number 48374218180340040

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Ridgeway Beach Subdivision

Building Details

  • Gross Income $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,669

Year Built

Built in 1962

Lot Details

0.35 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1962
  • New Construction: No
  • Structure Type: Multi Family
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Terrazzo
  • Living Area: 2208.0
  • Stories: 1

Exterior Features

  • Lot Features: Other
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Other
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Separate Meters
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 48374218180340040
  • Mobile Dim Units: Feet
  • Zoning: MF12 (ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6669.0

Multi Family

  • Number Of Units In Community: 4
  • Annual Gross Income: 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

Listed on
Jan 8, 2025
Closed on
Apr 28, 2025
Sold by
460 Cypress Llc
Bought by
Seller's Agent
Jeahnny Rendon
Belhouse Real Estate, LLC
Buyer's Agent
Karel Lens
Kesk Global Realty
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Current Estimated Value
$381,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,453
Avg. Annual Appreciation
-4.04%
Original Mortgage
$315,000
Outstanding Balance
$57,760
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$329,534

Purchase Details

Listed on
Oct 20, 2021
Closed on
Jun 3, 2022
Sold by
Garcia Abel and Corella Eida
Bought by
460 Cypress Llc
Buyer's Agent
Jeahnny Rendon
Belhouse Real Estate, LLC
List Price
$380,000
Sold Price
$360,000
Premium/Discount to List
-$20,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
Sep 12, 2008
Sold by
Avila Enma
Bought by
Garcia Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,700
Interest Rate
6.49%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Pahokee, FL

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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
$410,000 None Listed On Document
460 Cypress Llc $360,000 None Listed On Document
Garcia Abel $150,000 Attorney
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 $315,000
Previous Owner 460 Cypress Llc $211,000
Previous Owner Garcia Abel $27,700
Previous Owner Mecias Antonio A $17,800
Previous Owner Jsj Realty Inc $110,000
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 Prior Sale
04/28/2025 04/28/25 Sold $410,000 -2.4% $186 / Sq Ft
04/13/2025 04/13/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $420,000 +16.7% $190 / Sq Ft
06/03/2022 06/03/22 Sold $360,000 -5.3% $163 / Sq Ft View Prior Sale
04/13/2022 04/13/22 Pending -- -- --
10/20/2021 10/20/21 For Sale $380,000 -- $172 / 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 $6,669 $271,844
2024 $6,669 $264,377
2023 $5,961 $240,343 $38,323 $202,020
2022 $3,767 $139,911 $0 $0
2021 $3,455 $127,192 $27,540 $99,652
2020 $3,293 $119,736 $27,000 $92,736
2019 $3,493 $131,328 $27,000 $104,328
2018 $3,107 $113,053 $27,386 $85,667
2017 $3,054 $109,481 $23,814 $85,667
2016 $3,252 $115,572 $0 $0
2015 $3,323 $115,572 $0 $0
2014 $3,169 $107,318 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11719429

BeachesMLS (Greater Fort Lauderdale)

APN: 48-37-42-18-18-034-0040

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