$4,988

closing credit¹

460 Cypress Ave Pahokee, FL 33476

$420,000
2,208 sqft
$190 / sqft
Multi-Family

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

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,208 sqft
Year built1962
MLS #A11719429

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

IDX © 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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single story home with a carport and a front yard

$420,000

460 Cypress Ave

$4,988

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

53%
<35k
44%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
27%
Single, with Kids
13%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
33%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • KmartKmart
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • FordFord
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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