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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