NO CONTRACT FLIPPERS. Twin buildings up from grabs. Nicely maintained quad plex on a dead end street with lots of green space. Ceiling fans in each unit and Pest control services in place to keep the property clean. New Buyer can assume the pest control service at their cost. Several units were upgraded. Building being sold as a package deal with RX-10994331, 423 N. Cocoanut Road 1. Buy both buildings for $780,000.
Multi-familyProperty Type
1979Year Built
6,377 sq ftLot Size
$109Price/Sq.Ft.
Listed by Pamela Brooks• Keller Williams Realty/P B
Bought with Eduardo Petasne• Century 21 King Realty
New rent increase starting Jan 1st 2021, cash flow now $2825 per month, $65,400 annual if you buy both buildings. Being sold as a package deal with RX-10626062 423 N Cocoanut Rd (next door) buy both for $440,000!!! All units fully occupied, just renovated, building 4 x 2 bedroom 1 bath, separate water and power meter for each unit. The entire building was just painted, new gutter system, safety lights, security camera, door bells, fire extinguishers. All 4 units received new flooring, up-dated kitchen cabinets appliances, bathrooms. Each unit has 3 window air conditions as well as new ceiling fans and light switches. NO CONTRACT FLIPPERS..
Beaches MLS #R10455835
Apr 10, 2019
Sold
$140,000
$47/sq ft
Mar 22, 2019
Pending
—
Feb 6, 2019
Price Changed
$149,000
$50/sq ft
Jan 23, 2019
Relisted
—
Jan 7, 2019
Contingent
—
Dec 19, 2018
Price Changed
$159,000
$53/sq ft
Sep 6, 2018
Price Changed
$169,000
$56/sq ft
Aug 30, 2018
Price Changed
$175,000
$58/sq ft
Aug 15, 2018
Listed
$195,000
$65/sq ft
Great investment opportunity, this Four-Plex is ready to sell. 4 units total of 8 bedrooms 4 bathrooms. Each unit is a 2 bedroom 1 bathroom, they all have individual water and power meter, tenants pays for utilities. More income potential. Property needs some work. NO CONTRACT FLIPPER...
Beaches MLS #R10165147
Jan 2, 2016
Listing Removed
—
Oct 8, 2015
Price Changed
$140,000
$47/sq ft
Sep 4, 2015
Listed
$160,000
$53/sq ft
Beaches MLS #R10033467
Mar 2, 2015
Listing Removed
—
Oct 9, 2014
Price Changed
$120,000
$40/sq ft
Jul 28, 2014
Price Changed
$130,000
$43/sq ft
Apr 16, 2014
Listed
$140,000
$47/sq ft
Public Records
Dec 29, 2006
Sold
$165,000
$55/sq ft
Public Records
Jan 3, 2002
Sold
$82,000
$27/sq ft
Public Records
Nov 22, 2000
Sold
$71,100
$24/sq ft
Public Records
Nov 21, 1997
Sold
$10,000
$3/sq ft
Public Records
Jun 1, 1990
Sold
$59,300
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,375 (+5.9%)
$17,186 + $241,028
$258,214
2024
$6,019 (+12.5%)
2023
$5,350 (+9.8%)
2022
$4,874 (+20.1%)
$15,640 + $174,419
$190,059
2021
$4,058 (+10.4%)
2020
$3,677 (−10.2%)
$12,000 + $123,670
$135,670
2019
$4,094 (+7.9%)
$12,000 + $123,670
$135,670
2018
$3,793
$12,420 + $129,485
$141,905
2017
$3,795 (−5.7%)
$10,800 + $129,485
$140,285
2016
$4,025 (−2.9%)
$10,800 + $136,294
$147,094
2015
$4,147 (+6.7%)
2014
$3,888 (+10.0%)
2013
$3,536 (+7.0%)
2012
$3,306 (−1.4%)
2011
$3,351
Tax history for 429 N Cocoanut Rd #5
Year
Property tax
Land + Additions
Assessment*
2025
$6,375 (+5.9%)
$17,186 + $241,028
$258,214
2024
$6,019 (+12.5%)
2023
$5,350 (+9.8%)
2022
$4,874 (+20.1%)
$15,640 + $174,419
$190,059
2021
$4,058 (+10.4%)
2020
$3,677 (−10.2%)
$12,000 + $123,670
$135,670
2019
$4,094 (+7.9%)
$12,000 + $123,670
$135,670
2018
$3,793
$12,420 + $129,485
$141,905
2017
$3,795 (−5.7%)
$10,800 + $129,485
$140,285
2016
$4,025 (−2.9%)
$10,800 + $136,294
$147,094
2015
$4,147 (+6.7%)
2014
$3,888 (+10.0%)
2013
$3,536 (+7.0%)
2012
$3,306 (−1.4%)
2011
$3,351
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
2
Lot width
66 ft.
Lot depth
—
Lot size
6,379 Sq. Ft.
Year renovated
1984
Sq. Ft.
3,000
Year built
1979
Style
Multi-Family (2-4 Unit)
County
Palm Beach County
APN
48374219000003290
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
SFMH
Single Family Residential, Moderate Density District
The intent of the SFMH district is to promote the development of high quality, affordable housing in a variety of neighborhood settings that would consist primarily of either site built single family homes, manufactured homes, mobile home subdivisions, or mobile home and recreational vehicle parks. These neighborhoods are intended to be located in areas with available public facilities and within a close proximity to supporting services.
Permitted uses
Include but are not limited to:
Automotive parking structure
Housing-Single unit
Fire house
Police station
Housing-Mobile home park
Property details
Interior
Virtual Tour Information
Bathroom Information
Bathrooms Total Integer: 4
Interior Features
Flooring: Linoleum
Window Features: Blinds
Multi-Family Financial Information
# of Units Total: 4
Gross Income: $24,341
Net Operating Income: $7,166
Tenant Pays: Cable TV, Electricity, Water
Number Of Units In Community: 4
Exterior
Building Information
Building Area Total: 3,255
Building Area Source: Public Records
Construction Materials: CBS
Exterior Features
Roof: Built-Up
Property Information
Property Sub Type: Quadruplex
Property Condition: Resale
Living Area: 3,000
Lot Information
Lot Size Dimensions: 66.0 ft x 100.0 ft
Waterfront YN: No
Waterfront Features: None
Financial
Tax Information
Tax Annual Amount: $5,350.02
Tax Year: 2023
Parcel Number: 48374219000003290
Utilities
Utility Information
Water Source: Public
Electric: Three Phase
Sewer: Public Sewer
Utilities: Sewer Available, Water Available
Heating & Cooling
Has Heating
Heating: Window/Wall
Has Cooling
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Location
HOA Information
Association Amenities: None
School Information
High School: Pahokee Middle-Senior High
Location Information
Directions: South Lake Avenue to McClure Road to Palm Bvld., then left on N. Cocoanut, 2nd building.
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,000
Stories: 2.0
Lot Size: 6,379 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1979
Year Renovated: 1984
County: Palm Beach County
APN: 48374219000003290
Home facts updated by county records on Jul 2, 2026
Around this home
Schools
Pahokee Elementary School
Public PreK-5 • Assigned • 1.3mi
7/10
Pahokee Middle-Senior High School
Public 6-12 • Assigned • 1.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
8 days above 107° expected this year, 30 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Pahokee, FL • 33476
Average low and high temperatures (°F)
72
54
77
57
81
63
83
67
89
72
90
74
90
75
90
77
88
76
83
72
79
64
76
60
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.3 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
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