$4,988
closing credit¹
460 Cypress Ave Pahokee, FL 33476
Property details
About 460 Cypress Ave
DO NOT DISTURB TENANTS! This 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 $10,600. 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.
Highlights
Virtual tour
Summary
- MLS Number: A11719429
- MLS Name: SEFMIAMI
- Office Name: Belhouse Real Estate, LLC
- Office Phone: (305) 921-9789
- Office Email: info@belhousere.com
- Listing Agent: Jeahnny Rendon
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$420,000
460 Cypress Ave
$4,988
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $119,736 | $3,293 |
2019 | $124,358 | $3,493 |
2018 | $113,053 | $3,107 |
2017 | $109,481 | $3,054 |
History based on county public records data.
Nearby schools
5
Pahokee Elementary School
Public Magnet PK-5
0.7 mi
•560 E Main Pl
3
K. E. Cunningham/Canal Point Elementary School
Public District PK-5
3.6 mi
•37000 Main St
2
Belle Glade Elementary School
Public District PK-5
8.4 mi
•500 NW Avenue L
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,556. The majority of Pahokee, FL residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 460 Cypress Ave in Pahokee, FL and zip code 33476. This 2,208 square foot home was built in 1962. Features: 0 bathroom. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $420,000.
The number of listings in Pahokee, FL increased by 25% between November and December 2024. In December 2024, listings were on the market for 94 days. During the same period, the median list price in this real estate market was $290,000.