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Pahokee 33476 Ridgeway Beach
240 Begonia Drive
$114,900
● House - Off Market

240 Begonia Drive

Pahokee, FL 33476
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,475 Ft²
$156,266
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Completely remodeled cozy 3 bedrooms and 2 bathrooms single family home,  appliances, floor, new a/c unit system installed. Owner will finance, terms negotiable. Make an offer. New 200 Amp electric service, new kitchen, home complexly remodeled and upgraded. Most windows are new.Hurricane shutters have been installed along with hurricane straps to lower the insurance premium. Owner will finance with 15,000 down payment
Unit Size
1,475 Ft²
Days on Market
111 days
Land Size
0.22 acres
Price per sqft
$75
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 months ago (Beaches MLS #F10209768)

Price History

Date / Event Date Event Price
Apr 28, 2020 Sold
Premium
Sold
Jan 4, 2020 Listed by Unified Property Sales, Inc $109,900
Listed by Unified Property Sales, Inc
Aug 14, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,784
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,314
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,314
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARMSTRONG ADD
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: ARMSTRONG ADD LT 15

Neighborhood

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

Zoning

  • Zoning: SF5

Geography

  • Parcel: 48-37-42-18-03-000-0150
  • Lot: 15
  • Meridian: SEC 18 TWN 42S RNG 37E
  • Municipality: PAHOKEE
  • Latitude: 26.8213
  • Longitude: -80.6677

    Address

  • Full Address: 240 Begonia Dr
  • Address - House Number: 240
  • Address - Street Name: Begonia
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Pahokee
  • Carrier Code: C003
  • 4-Digit Zip Code: 2111
  • Zip Code: 33476

Valuation

    Tax

  • Total Area: 1,312
  • Tax Year: 2022
  • Tax Amount: $268,682
  • Tax Rate Code Area: 48486

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 226,478
  • High Value: 277,415
  • Low Value: 175,542

    Market Valuation

  • Market Total Value: $129,982
  • Market Land Value: $15,410
  • Market Improvement Value: $114,572

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,404

    Sales

  • Current Sale Contract Date: Apr 20, 2020
  • Current Sale Recording Date: Apr 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200146392
  • Previous Sale Recording Date: Aug 14, 2018
  • Previous Sale Contract Date: Jul 12, 2018
  • Previous Sale Amount: $30,375
  • 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:

$305,000

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

229

Average Home Size

958 ft²

Average Home Age

55.5 years

Currently For Sale

4 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: Samuel J Martiello Jr
Unified Property Sales, Inc
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10209768
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 240 Begonia Drive built and last sold?
The property at 240 Begonia Drive was built in 1950 and last sold on Apr 20, 2020 for $114,900.
How much is this home worth?
The estimated value of the home located at 240 Begonia Drive is $118,489.
What are some comparable homes to 240 Begonia Drive?
There are currently no comparable homes to 240 Begonia Drive.
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