170 W 3 Street, Pahokee, FL 33476 (MLS# F921369)

170 W 3 Street, Pahokee, FL 33476

$1,225,000
Property Type: Commercial Sale Square Footage: 18,630 Status: Closed
Current Price: $1,225,000 List Date: 4/14/2008 Last Modified: 11/13/2026

Overview

Description

97% SELLER FINANCING AT BANK RATES! SELLER MOTIVATED! 3-3 STORY BLDGS. GOOD CONDITION. NEAR FULLY RENTED. 1,2 BEDROOMS& EFFICIENCIES. ON-SITE MANAGEMENT. CASH LAUNDROMAT!. ALL UTILITIES PAID BY TENANTS.PAY PHONE, INCOME VENDING MACHINES WITH SODA, DETERGE NT. UTILITY SHED. 3 BLKS FROM LK.OKEECHOBEE.NEW MARINA BEING BUILT! WHAT AN OPPORTUNITY!

Listing Details MLS# F921369

General Property Information

Number Of Buildings
3
Property Sub Type
Multi Family
Number Of Units Total
51
Price Per Unit
25470
Occupant Type
Call Listing Agent
Building Area Main
18630
Year Built
1962
Parking Total
75
Lot Size Area
18630
Lot Size Acres
0.88
Stories Total
3

Property Features

Building Features: Laundry Facilities; Manager On Premises Common Area Maintenance Includes: Gas/Oil; Inside Insurance; Interior Electric; Sewer; Water Documents Available: Aerial Photo(s); Investment Analysis; Title/Abstracts Electric: 200+ Amp Service Flooring: Tile Location of Property: City Location; Near Seaport Parking Features: Common Possession: Negotiable Sale Includes: Fixtures; Land Special Listing Conditions: Short Sale Sprinkler Description: Well Sprinkler Source Of Expenses: Pro Forma Construction Materials: CBS Listing Terms: Assumable; Cash; Lease Purchase; Owner Will Carry Lot Features: Landscaped Roof: Concrete Special Information: Corporate Owned; Presently Leased Showing Requirements: Call Listing Agent; Lockbox Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1299000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
170
Street Direction Prefix
W
Street Name
3
Street Suffix
Street
City Name
Pahokee
Municipal Code
48
State Or Province
FL
Postal Code
33476
Area
5560
Geographic Area
PB22
Parcel Number
48374218160010010
Subdivision Number
16
Zoning
C2C2
Directions
MAPQUEST OR GOOGLE

Financial Information

Tax Annual Amount
14492
Tax Assessed/SOH Value
527728
Tax Legal Description
LOTS 1,2,3,4,9,11-13,BLK1 WASHINGTON PK SUBDIVISION BOOK 16 PAGE 36

Status Change Information

Major Change Timestamp
2008-05-30T13:26:24Z
Major Change Type
Status Change
Status Change Date
2008-06-14
Under Contract Date
2008-05-20
Close Date
2008-05-30
Close Price
1225000
Buyer Financing
Assumed

More Information

Building and Property Details

# Of Tenants
40
# Of Toilets
51

Distance To Information

Miles to Beach
Yes

Meter Information

Number Of Meters Total
51

Short Sale Details

Short Sale Addendum
Yes

Income and Expenses

Gross Income
201400
Gross Scheduled Income
212000
Inc/Exp Statement Period
2007
Insurance Expense
15000
Maintenance Expense
15000
Net Operating Income
144000
Operating Expense
57000
Other Expense
3000
Real Estate Taxes
22610
Supplies Expense
2000
Vacancy Allowance Rate
5

Description of Unit Type 1

Unit Type
Efficiency
Units Total
2
Furnished
No
Annual Rent
200

Description of Unit Type 2

Unit Type
Efficiency
Units Total
2
Furnished
No
Annual Rent
200

Description of Unit Type 3

Unit Type
1 Bedroom
Units Total
40
Furnished
No
Annual Rent
400

Description of Unit Type 4

Units Total
40
Furnished
No
Annual Rent
400

Description of Unit Type 5

Unit Type
2 Bedroom
Units Total
10
Furnished
No
Annual Rent
500

Description of Unit Type 6

Units Total
10
Furnished
No
Annual Rent
500

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
65.75
Original List Price To Close Price
0.94

Section Details

Parcel Number MLX
0010

Originating Details

Originating System Key
1613607
Originating System ID
M00000170
IDX
Listing Office: EquityMax Inc
Source MLS Verified
Last Updated: November - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.