NOT LISTED FOR SALE

429 N Cocoanut Rd Unit 5 Pahokee, FL 33476

Estimated Value: $323,232 - $343,000

8 Beds
4 Baths
3,000 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $326,000 $109 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,350/month

81 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Wall Furnace

About This Home

As of August 2024

NO CONTRACT FLIPPERS. Twin buildings up from grabs. Nicely maintained quad plex on a dead end street with lots of green space. Ceiling fans in each unit and Pest control services in place to keep the property clean. New Buyer can assume the pest control service at their cost. Several units were upgraded. Building being sold as a package deal with RX-10994331, 423 N. Cocoanut Road 1. Buy both buildings for $780,000.

Last Listed By

Pamela Brooks

Keller Williams Realty/P B License #3152120 Listed on: 06/03/2024

Keller Williams Realty/P B

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,350

Year Built

  • Built in 1979

Lot Details

  • 6,377 Sq Ft Lot

Home Design

  • Built-Up Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 48374219000003290

Community Details

Overview

  • 4 Units
  • Pahokee Subdivision

Building Details

  • Operating Expense $31,507
  • Net Operating Income $7,166

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,350

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: South Lake Avenue to McClure Road to Palm Bvld., then left on N. Cocoanut, 2nd building.
  • Year Built: 1979
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Private Spa: No
  • Living Area: 3000.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Built-Up

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 48374219000003290
  • Lot Size: 66.0 ft x 100.0 ft
  • Lot Size Sq Ft: 6377.0
  • Zoning Description: SFMH(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 7166.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 31507.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5350.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Aug 21, 2024
Sold by
Brown Valerie and Brown Lascelles
Bought by
Llk Property Solution Llc
Seller's Agent
Pamela Brooks
Keller Williams Realty/P B
Buyer's Agent
Eddie Petasne
Century 21 King Realty
List Price
$400,000
Sold Price
$326,000
Premium/Discount to List
-$74,000
-18.5%
Total Days on Market
81
Views
19
Current Estimated Value
$331,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,058
Avg. Annual Appreciation
2.19%
Original Mortgage
$260,800
Outstanding Balance
$259,669
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$71,022

Purchase Details

Listed on
Oct 31, 2019
Closed on
Feb 1, 2021
Sold by
Shaphon Llc
Bought by
Brown Valerie and Brown Lascelles
Seller's Agent
Karl Schulz
KD Gunther Properties By Friday Realty, LLC
Buyer's Agent
Pamela Brooks
Keller Williams Realty/P B
List Price
$359,000
Sold Price
$220,000
Premium/Discount to List
-$139,000
-38.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$165,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2018
Closed on
Apr 9, 2019
Sold by
Metzler Mark
Bought by
Shaphon Llc
Seller's Agent
Karl Schulz
KD Gunther Properties By Friday Realty, LLC
Buyer's Agent
Karl Schulz
KD Gunther Properties By Friday Realty, LLC
List Price
$195,000
Sold Price
$140,000
Premium/Discount to List
-$55,000
-28.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.19%
Original Mortgage
$100,000
Interest Rate
4.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 16, 2018
Sold by
A I M Funding Group Llc
Bought by
Metzler Mark

Purchase Details

Closed on
May 4, 2016
Sold by
Ace Housing Inc
Bought by
Aim Funding Group Llc

Purchase Details

Closed on
Dec 15, 2009
Sold by
Mcmurray Joy
Bought by
Ace Housing Inc

Purchase Details

Closed on
Oct 23, 2008
Sold by
Mcmurray Joy
Bought by
Evans Arthur C

Purchase Details

Closed on
Apr 8, 2008
Sold by
Ace Housing Inc
Bought by
Mcmurray Joy

Purchase Details

Closed on
Dec 14, 2006
Sold by
Daley Veronica D
Bought by
Ace Housing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2004
Sold by
Daley Nettie R and Daley Centill M
Bought by
Daley Veronica D

Purchase Details

Closed on
Dec 28, 2001
Sold by
Morales Moises Arquimides
Bought by
Daley Centill M and Daley Nettie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.72%

Purchase Details

Closed on
Nov 22, 2000
Sold by
Iron Horse Ranch Entrprs Inc
Bought by
Morales Moises A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,440
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 1997
Sold by
Bankers Trust Co Of Ca Tr
Bought by
Iron Horse Ranch Ent Inc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Llk Property Solution Llc $326,000 Patch Reef Title
Brown Valerie $220,000 Commonwealth Land Ttl Ins Co
Shaphon Llc $140,000 Attorney
Metzler Mark $102,000 Attorney
Aim Funding Group Llc $4,700 None Available
Ace Housing Inc -- None Available
Evans Arthur C -- None Available
Mcmurray Joy -- None Available
Ace Housing Inc $165,000 Attorney
Daley Veronica D -- --
Daley Centill M $82,000 Sunbelt Title Agency
Morales Moises A $71,100 --
Iron Horse Ranch Ent Inc $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Llk Property Solution Llc $260,800
Previous Owner Brown Valerie $165,000
Previous Owner Shaphon Llc $100,000
Previous Owner Ace Housing Inc $140,000
Previous Owner Daley Centill M $61,500
Previous Owner Iron Horse Ranch Ent Inc $70,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $326,000 -18.5% $109 / Sq Ft
06/07/2024 06/07/24 For Sale $400,000 0.0% $133 / Sq Ft
04/01/2024 04/01/24 Rented $900 0.0% --
03/22/2024 03/22/24 Under Contract -- -- --
03/01/2024 03/01/24 For Rent $900 0.0% --
02/22/2024 02/22/24 Under Contract -- -- --
01/14/2024 01/14/24 For Rent $900 0.0% --
02/01/2021 02/01/21 Sold $220,000 -38.7% $78 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
10/31/2019 10/31/19 For Sale $359,000 +156.4% $127 / Sq Ft
04/10/2019 04/10/19 Sold $140,000 -28.2% $50 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
08/14/2018 08/14/18 For Sale $195,000 -- $69 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,019 $229,972 -- --
2023 $5,350 $209,065 $0 $0
2022 $4,874 $190,059 $0 $0
2021 $4,058 $160,214 $12,240 $147,974
2020 $3,677 $135,670 $12,000 $123,670
2019 $4,094 $151,116 $12,000 $139,116
2018 $3,793 $141,905 $12,420 $129,485
2017 $3,795 $140,285 $10,800 $129,485
2016 $4,025 $147,094 $0 $0
2015 $4,148 $148,005 $0 $0
2014 $3,889 $134,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Pamela Brooks

    Keller Williams Realty/P B

    (561) 656-2929

    4 in this area

    22 Total Sales

    Pamela Brooks
    Section Image

  • M

    Seller's Agent in 2024

    Masego Rayrat

    Global Properties Realty LLC

  • Eddie Petasne

    Buyer's Agent in 2024

    Eddie Petasne

    Century 21 King Realty

    (305) 479-8138

    3 in this area

    39 Total Sales

    Eddie Petasne
    Section Image
  • Karl Schulz

    Seller's Agent in 2021

    Karl Schulz

    KD Gunther Properties By Friday Realty, LLC

    (561) 379-7881

    2 in this area

    30 Total Sales

    Karl Schulz
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10994336

BeachesMLS

APN: 48-37-42-19-00-000-3290

Florida Palm Beach County Pahokee 33476

429 N Cocoanut Rd Unit 5, Pahokee, FL

Homes for Sale in Pahokee, FL

This home is located at 429 N Cocoanut Rd Unit 5, Pahokee, FL 33476 since 03 June 2024 and is currently estimated at $331,058, approximately $110 per square foot. This property was built in 1979. 429 N Cocoanut Rd Unit 5 is a home located in Palm Beach County with nearby schools including Pahokee Elementary School, Pahokee Middle/Senior High School, and Glades Academy Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.