460 Cypress Ave
Pahokee, FL 33476
Closed
Property Description
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.
Property Details
Essential
- StatusClosed
- Days On Site516
- Days To Sale110
- MLS#A11719429
- Property TypeResidential Income
- Property Sub TypeQuadruplex
- Number of Stories1.0
- Property Size2,208 sqft
- Lot SizeSquare Feet
- Tax Amount$6,669
- Tax Year2023
- HOANo
- Data SourceMiami Association of REALTORS®
- Latest Update06/06/2026
