$450,000
Active · 24 days on market · MLS# MFRGC535853
| Living area | 10,000 sq ft |
|---|---|
| Lot size | 0.66 acres |
| Year built | 1935 |
| Property type | Mixed Use |
| Waterfront | Yes |
| Annual taxes | $7,473 |
| County | Palm Beach |
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 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. 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.
Listing courtesy of Zachary Greenberg, COASTAL REAL ESTATE PROFESSIONALS LLC. Presented by MC Homes Realty Inc · 727432218.