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Pahokee 33476 Ridgeway Beach
172 Cypress Avenue
$125,000
● House - Off Market

172 Cypress Avenue

Pahokee, FL 33476
bedrooms
3 Beds
bathrooms
1 Bath
square feet
925 Ft²
$128,810
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Lots of room for pool or workshop. NO HOA. Bring your RV, boat or trailer. New Roof. Near Everglades Preparatory Academy and minutes walk to lake Okeechobee. Double Lot
Unit Size
925 Ft²
Days on Market
13 days
Land Size
0.30 acres
Price per sqft
$135
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 7 months ago (Beaches MLS #R10849964)

Price History

Date / Event Date Event Price
Mar 30, 2023 Sold
Premium
Sold
Dec 2, 2022 Listed by KW Reserve Business Brokerage LLC $125,000
Listed by KW Reserve Business Brokerage LLC
Mar 1, 1995 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 945
  • Gross Building Area: 945
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 14
  • Heated Square Feet: 925
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REPL OF PAHOKEE GARDEN TRS
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: REPL OF PAHOKEE GARDEN TRS LTS 9 & 10

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 008002

Zoning

  • Zoning: SF7

Geography

  • Subdivision Tract Number: LTS
  • Parcel: 48-37-42-18-12-000-0090
  • Lot: 9,10
  • Meridian: SEC 18 TWN 42S RNG 37E
  • Municipality: PAHOKEE
  • Latitude: 26.8226
  • Longitude: -80.6621

    Address

  • Full Address: 172 Cypress Ave
  • Address - House Number: 172
  • Address - Street Name: Cypress
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Pahokee
  • Carrier Code: C002
  • 4-Digit Zip Code: 1836
  • Zip Code: 33476

Valuation

    Tax

  • Total Area: 930
  • Tax Year: 2022
  • Tax Amount: $169,828
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 48486

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 123,346
  • High Value: 148,307
  • Low Value: 98,386

    Market Valuation

  • Market Total Value: $68,482
  • Market Land Value: $21,965
  • Market Improvement Value: $46,517

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,553

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 106005
  • Previous Sale Recording Date: Mar 01, 1995
  • Previous Sale Contract Date: Feb 13, 1995
  • Previous Sale Amount: $9,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ridgeway Beach

Stats & Trends

Median Asking:

$184,000

Sale Price/ft²

$117

Below Asking

0.07%

Average Days on Market

126

Average Home Size

1124 ft²

Average Home Age

58.4 years

Currently For Sale

5 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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BEACHES

Listed by: John A Diaz
KW Reserve Business Brokerage LLC
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10849964
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 172 Cypress Avenue built and last sold?
The property at 172 Cypress Avenue was built in 1940 and last sold on Mar 27, 2023 for $125,000.
How much is this home worth?
The estimated value of the home located at 172 Cypress Avenue is $127,685.
What are some comparable homes to 172 Cypress Avenue?
There are currently no comparable homes to 172 Cypress Avenue.
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