423 North Cocoanut Road

Pahokee, FL 33476

$220,000
Last Sold Price
Beds
3,000 Sq. Ft.
$73 / Sq. Ft.
3,000
Sq. Ft.
$73
per Sq. Ft.

Description

Rent increase starts Jan. 1st 2021, cash flow $2625 per month, $65,400 if you buy both buildings. Being sold as a package deal with RX-10574163 429 N Cocoanut Rd. (next door) buy both for $440,000 ! All units fully occupied, just renovated building 4 x 2 bedroom 1 bath, separate water and power meter for each unit. The entire building was just painted, new gutter system, safety lights, security camera, door bells, fire extinguishers, new flooring, up-dated kitchen cabinets, appliances, bathrooms....Rent increase starts Jan. 1st 2021, cash flow $2625 per month, $65,400 if you buy both buildings. Being sold as a package deal with RX-10574163 429 N Cocoanut Rd. (next door) buy both for $440,000 ! All units fully occupied, just renovated building 4 x 2 bedroom 1 bath, separate water and power meter for each unit. The entire building was just painted, new gutter system, safety lights, security camera, door bells, fire extinguishers, new flooring, up-dated kitchen cabinets, appliances, bathrooms. Each unit has 3 window air conditions, as well as new ceiling fans and light switches. No contract flippers. Listing picture old, see photo's of 429 for idea of property condition
  1. Listed by Karl R Schulz • KD Gunter Properties By Friday Realty, LLC

Property Details for 423 North Cocoanut Road

Waterfront
No
Waterfront Details
None

Location

Listing Courtesy of KD Gunter Properties By Friday Realty, LLC

Sold By Keller Williams Realty/P B

Add your commute
LISTING UPDATED: 02/03/2021 02:19 PM

Property Details for 423 North Cocoanut Road

StatusClosed
MLS #RX-10626062
Days on Market72
Taxes$4,124 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1979
Lot Size0.15 AC / 6,534 SF
CountyPalm Beach County

Location

Listing Courtesy of KD Gunter Properties By Friday Realty, LLC

Sold By Keller Williams Realty/P B

Add your commute

Building Information for 423 North Cocoanut Road

Stories2Residences4Year Built1979Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$1,544 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,201

Property Taxes

$344

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 423 North Cocoanut Road

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: South Lake Ave. to McClure Rd. to Palm Blvd left on Coconut building on right.
  • Geo Area: Palm Beach 5540ab; 5560ab; 5590b
  • Subdivision Complex Bldg: Pahokee
  • Municipal Code: Pahokee
Parking
  • Carport Spaces: 0
  • Garage Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • HOPA: No Hopa
  • Tax Year: 2019
  • Application Fee: $.00
Property
Lot Information
  • Area: 5560
  • Lot Description: < 1/4 Acre
  • Parcel ID: 48374219000003300
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 3,290
  • Zoning: R6
Property and Assessments
  • Legal Desc: 19-42-37, W 66 FT OF E 337.6 FT OF S 100.07 FT OF N 125 FT OF NE 1/4 OF NW 1/4
  • Sq Ft Liv Area: 3000.0
Utilities
  • Utilities: Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Contingents: Other
  • Exterior Features: Custom Lighting
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: None
Interior Features
  • Roof: Built-Up
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Ceiling Fan, Electric, Wall-Win A/C
  • Flooring: Linoleum
  • Heating: No Heat
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $19,900.00
  • Income & Expenses: Annual Total Expense: $6,500.00
  • Income & Expenses: Gross Operating Inc: $26,400.00
  • Tenant Pays: Cable, Electric, Water
Unit 1
  • Unit 1 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator, Smoke Detector
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 600
  • Unit 1 Info: SqFt: 750.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator, Smoke Detector
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $500
  • Unit 2 Info: SqFt: 750.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Smoke Detector, Stack Bedrooms
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Monthly Income: $600.00
  • Unit 3 Info: SqFt: 750.0
  • Unit 3 Parking: Open Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator, Smoke Detector, Stack Bedrooms
  • Unit 4 Info: Bedrooms: 2
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Monthly Income: $500.00
  • Unit 4 Info: SqFt: 750.0
  • Unit 4 Parking: Open Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 423 North Cocoanut Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 423 North Cocoanut Road

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - 8 to 12
Charter - K to 8
Rating
School
Distance
Pahokee Elementary School
PublicPK to 5

Pahokee Middle-Senior High School
Public6 to 12

Everglades Preparatory Academy
Charter8 to 12

Glades Academy Elementary School Inc
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KD Gunter Properties By Friday Realty, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.