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Buy a multi-family propertyat 220 State Market Road, Pahokee, FL 33476

$1,550,000

$0/mo

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Multifamily

7,823 Sq. Ft.

7,823 Sq. Ft. lot

294 Days on market

RX-10903290 MLS ID

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About 220 State Market Road multi-family property

This is the perfect investment property in a great location. This building has lots of potential and could be rented as a whole to farmers in the area looking for H2-A housing or each unit can be rented separately. This building offers 19 units, 12 of the units are located in the two story building while the remaining seven are in the one story building. Both buildings sit on almost 1 acre right outside of town. The Owner is also offering Owner Financing with a large down payment.
This is the perfect investment property in a great location. This building has lots of potential and could be rented as a whole to farmers in the area looking for H2-A housing or each unit can be rented separately. This building offers 19 units, 12 of the units are located in the two story building while the remaining seven are in the one story building. Both buildings sit on almost 1 acre right outside of town. The Owner is also offering Owner Financing with a large down payment.

Property details

Listing

Source: Palm Beach

Listing date: 2023-07-10

REO: No

Short sale?: No

$198 per square foot

Bathrooms

Unit 1 has 1 full bathroom

Unit 2 has 1 full bathroom

House

7,823 total living square feet

7,823 total square feet

Built in 1955

2 stories

Year built description: Resale

Square footage source: Tax Rolls

Unit 1 is 300 square feet

Unit 2 is 300 square feet

Unit 3 is 300 square feet

Unit 4 is 300 square feet

Other

Kitchen

Hotel

Kitchen

Hotel

Kitchen

Hotel

Kitchen

Hotel

Cooling

Wall-Win A/C

Exterior Features

None

Floors

Concrete

Heating

Other

Interior Features

Unit 1 furnished?: No

Unit 2 furnished?: No

Location

County: Palm Beach

Subdivision: TIIF SUB OF PELICAN LAKE BOTTOM TH PT OF LT 1 BEING SLY 189.09FT OF NLY 461.98 FT OF WLY 227.60 FT

Lot

1/2 to < 1 Acre

Miscellaneous

Business type: None

Unit 1 monthly income: $0

Unit 2 monthly income: $0

Unit 3 monthly income: $0

Unit 4 monthly income: $0

Gross operating income: $0

Annual total expense: $0

Annual net operating income: $0

None

Cash

Conventional

Owner

Parking

None

None

None

None

Property

Property type: B

Zoning: LI Industrial

Waterfront: No

None

Roof

Metal

Taxes

Real estate taxes: $9,132

Tax year: 2022

No Homestead

Utilities

0.00 meter

None

Monthly cost

Estimated monthly cost

$10,045/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Schools

This home is within the Palm Beach.

Canal Point & Pahokee & Belle Glade & Boynton Beach & Lake Worth Beach & West Palm Beach & Delray Beach & Riviera Beach enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,457,000

+$46,500

$1,503,500

Seller agent commission$46,500 (3%)*

$0 (0%)

Buyer agent commission$46,500 (3%)*

$46,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $46,500 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: Jul 11, 2023 at 10:57 a.m.

Courtesy of RE/MAX Prestige Realty/Wellington
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Listing Information © 2024 BeachesMLS, Inc. All Rights Reserved.

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