About this home
RARE mixed-use opportunity in the heart of Pahokee! This value-add property offers 12 residential units and 3 commercial units with prime frontage along Main Street, making it ideal for investors seeking strong long-term potential. The property also includes a detached garage in the rear and additional space that may allow for expanded uses or the addition of more units, subject to city approval. With the right vision and redevelopment plan, this site has the potential to become a highly productive income-generating asset in an area already showing signs of revitalization. The structure requires full renovation and currently has open code violations, but the surrounding area is experiencing steady improvement with newly updated buildings, roads, and public spaces. This momentum provides a promising backdrop for future appreciation.
Listing last checked: Listing updated:
Listed by Zachary A Greenberg, Arnold Gracia · Coastal Real Estate Profession · MLS #R11144768
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Details at a glance
Interior3 property facts
- Heating
- None
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Flooring
- Carpet, Linoleum, Vinyl, Wood
Building3 property facts
- Style
- Mixed Use
- Year built
- 1935
- Roof
- Mixed
Land & utilities2 property facts
- Lot size
- 0.66 acres
- Zoning
- CORE(c
Financial2 property facts
- Annual taxes
- $7,473
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $450,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,898 / monthAdjust
- Principal & interest
- $2,275
- Property tax
- $623
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,473. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 185 E Main Street
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Request a tour of 185 E Main Street and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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