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Pahokee 33476 Ridgeway Beach
402 W 5th Terrace
$149,000
● House - Off Market

402 W 5th Terrace

Pahokee, FL 33476
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,000 Ft²
$162,139
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

BRAND NEW ROOF COMING SOON- 3/1.5 HOME IN PAHOKEE FLORIDA, LOCATED ON CORNER, EXTERIOR AND INTERIOR FRESHLY PAINTED, NEW ROOF CURRENTLY BEING INSTALLED AND READY FOR YOU TO CALL HOME. QUITE NEIGHBORHOOD. THIS PROPERTY IS OWNED BY A CORPORATION PLEASE SEE SELLERS ADDENDUM AND BROKER REMARKS.GREAT FOR INVESTORS OR FIRST TIME BUYER. PLENTY OF PARKING.
Unit Size
1,000 Ft²
Days on Market
208 days
Land Size
0.14 acres
Price per sqft
$150
Property Type
House
Property Taxes
$54
HOA Dues
-
Year Built
1992

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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: 4 months ago (Beaches MLS #F10292031)

Price History

Date / Event Date Event Price
Sep 14, 2023 Sold
Premium
Sold
Jun 13, 2023 Listed by Trans Global Realty, Inc. $220,000
Listed by Trans Global Realty, Inc.
Mar 14, 2022 Sold
Premium
Sold
Jan 31, 2022 Sold
Premium
Sold
Jul 7, 2021 Listed by Trans Global Realty, Inc. $149,900
Listed by Trans Global Realty, Inc.
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • 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: 6,190
  • Lot Size Depth Feet: 560
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEMINOLE MANOR
  • Land Acres: 0000000142
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: SEMINOLE MANOR LT 11

Neighborhood

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

Zoning

  • Zoning: SF7

Geography

  • Parcel: 48-37-42-18-24-000-0110
  • Lot: 11
  • Meridian: SEC 18 TWN 42S RNG 37E
  • Municipality: PAHOKEE
  • Latitude: 26.816
  • Longitude: -80.6693

    Address

  • Full Address: 402 W 5th Ter
  • Address - House Number: 402
  • Street Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Pahokee
  • Carrier Code: C002
  • 4-Digit Zip Code: 2210
  • Zip Code: 33476

Valuation

    Tax

  • Total Area: 1,000
  • Tax Year: 2023
  • Tax Amount: $295,424
  • Tax Rate Code Area: 48486

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 197,849
  • High Value: 235,398
  • Low Value: 160,300

    Market Valuation

  • Market Total Value: $119,166
  • Market Land Value: $18,500
  • Market Improvement Value: $100,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,166

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Sep 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 318247
  • Previous Sale Recording Date: Mar 14, 2022
  • Previous Sale Contract Date: Jan 31, 2022
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: 68
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

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BEACHES

Listed by: Eric R Nathanson
Trans Global Realty, Inc.
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# F10292031
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 402 West 5th Terrace built and last sold?
The property at 402 West 5th Terrace was built in 1992 and last sold on Jul 26, 2023 for $215,000.
How much is this home worth?
The estimated value of the home located at 402 West 5th Terrace is $0.
What are some comparable homes to 402 West 5th Terrace?
There are currently no comparable homes to 402 West 5th Terrace.
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