171 Booker PlPahokee, FL 33476

This exceptional investment opportunity presents a 5,544 square foot property located at 171 Booker Pl, Pahokee, FL, on a 0.09-acre lot. Originally a dormitory, this property is poised for immediate development as a twelve-unit multi-family apartment complex. Comprehensive architectural plans for the conversion are already fully approved, streamlining the permitting process and minimizing potential delays. The plans detail ten two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units, along with a dedicated laundry room structure. The significant groundwork has already been completed by the current owner, eliminating considerable upfront costs and risks. This includes the completion of a quiet title process, ensuring clear title ownership, and the settlement of all outstanding code liens and property taxes. This turnkey project offers a unique chance to capitalize on the growing demand for rental housing in the area. The property is being offered at $349,000. While information and measurements are believed to be accurate, potential buyers are encouraged to conduct their own independent verification. An interior video walkthrough is available upon request.