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Pahokee 33476 Ridgeway Beach
837 Bacom Point Road
$275,000
● House - Off Market

837 Bacom Point Road

Pahokee, FL 33476
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,930 Ft²
$284,223
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Home is in process of a new roof. House will need some upgrades, but motivated seller needs to move. They are offering owner financing with 45,000 down payment and will finance for 3-5 years at 3.5% interest rate. No qualifying. Nice home to grow with. Home is on over an acre of land that backs up to Lake Okeechobee. so, there will never be anything behind your home.   HUGE property well over an acre. of land
Unit Size
2,930 Ft²
Days on Market
31 days
Land Size
-
Price per sqft
$94
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1946

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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: 3 months ago (Beaches MLS #F10340644)

Price History

Date / Event Date Event Price
Aug 20, 2022 Sold
Premium
Sold
Jul 19, 2022 Listed by Unified Property Sales, Inc $274,900
Listed by Unified Property Sales, Inc
Home is in process of a new roof. House will need some upgrades, but motivated seller needs to move. They are offering owner financing with 45,000 down payment and will finance for 3-5 years at 3.5% interest rate. No qualifying. Nice home to grow with. Home is on over an acre of land that backs up to Lake Okeechobee. so, there will never be anything behind your home. HUGE property well over an acre. of land
Jul 24, 2018 Sold
Premium
Sold
Jun 23, 2016 Sold
Premium
Sold
Feb 3, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Lot Size Depth Feet: 4,020
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 2,930
  • Gross Building Area: 2,930
  • Building Area: 2,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 14
  • Heated Square Feet: 2,462
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEWAY BEACH
  • Land Acres: 0000001200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: RIDGEWAY BEACH LTS 64, 64A, 65 & 65A

Neighborhood

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

Zoning

  • Zoning: SF1

Geography

  • Parcel: 48-37-42-18-18-000-0640
  • Lot: 64
  • Meridian: SEC 18 TWN 42S RNG 37E
  • Municipality: PAHOKEE
  • Latitude: 26.82
  • Longitude: -80.6732

    Address

  • Full Address: 837 Bacom Point Rd
  • Address - House Number: 837
  • Address - Street Name: Bacom Point
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Pahokee
  • Carrier Code: C003
  • 4-Digit Zip Code: 2413
  • Zip Code: 33476

Valuation

    Tax

  • Total Area: 2,636
  • Tax Year: 2022
  • Tax Amount: $246,649
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 48486

    Appraisal Valuation

  • Standard Deviation: 0.0861
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 266,840
  • High Value: 289,824
  • Low Value: 243,855

    Market Valuation

  • Market Total Value: $218,398
  • Market Land Value: $51,635
  • Market Improvement Value: $166,763

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $139,373

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2018
  • Current Sale Recording Date: Jul 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20180285241
  • Previous Sale Recording Date: Jun 23, 2016
  • Previous Sale Contract Date: Jun 13, 2016
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: UNK
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: Samuel J Martiello Jr
Unified Property Sales, Inc
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10340644
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 837 Bacom Point Road built and last sold?
The property at 837 Bacom Point Road was built in 1946 and last sold on Jul 23, 2018 for $72,000.
How much is this home worth?
The estimated value of the home located at 837 Bacom Point Road is $272,415.
What are some comparable homes to 837 Bacom Point Road?
There are currently no comparable homes to 837 Bacom Point Road.
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