171 Booker PlPahokee, FL 33476

  • Other multifamily properties
  • 5,544 SF
For Sale
$349,000 View listing

Property Details for 171 Booker Pl

Year built
1958
Lot size
0.09 AC
Property size (Sq ft)
5,544 SF
Property type
Other multifamily properties
Property subtype
Residential income properties

Description

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.

171 Booker Pl, Pahokee, Florida

Location Insight

City
Pahokee
County
Palm Beach
State
Florida
Latitude
26.8192
Longitude
-80.6662

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