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About This Listing

Incredible Opportunity: Affordable Single-Family Home in Pahokee!

Discover this fantastic opportunity to own a 2-bedroom, 1-bathroom single-family home located at 851 Rickey Jackson Blvd in Pahokee, FL 33476. Built in 1971, this 1,152 sqft residence offers an extremely accessible entry point into homeownership, especially appealing to first-time buyers or investors seeking a property with excellent potential.

This charming home sits on a 4,400 sqft lot and features a functional layout with forced air heating and central cooling. With its attractive price point and potential for personal touches, this property allows you to build equity and customize your living space to your exact preferences.

Property Highlights:

  • 2 Bedrooms / 1 Bathroom: A practical and efficient layout.
  • 1,152 sqft: Comfortable living space for individuals or a small family.
  • Built in 1971: A solid, established home ready for your updates and personal touch.
  • Estimated Refinance Payment: $606/mo: An exceptionally low estimated payment, highlighting remarkable affordability.
  • Priced at $89,000: This is a truly outstanding price point, significantly below the median home values in the area, offering immense value.
  • 4,400 sqft Lot: Provides a nice outdoor space for relaxation or activities.

Pahokee (33476) Market Insights (as of May 2025 data):

The Pahokee housing market, and specifically the 33476 zip code, is generally considered an Affordable Market with opportunities for buyers.

  • Median Listing Home Price: The median listing home price in Pahokee was $170,000 in May 2025, trending down slightly year-over-year. For the 33476 zip code, the median listing price was also $170,000.
  • 2-Bedroom Home Values: Importantly, the median home price for 2-bedroom homes in Pahokee increased by 24.8% year-over-year to $149,700 in May 2025 (and for the broader Belle Glade-Pahokee area, 2-bedroom homes increased by 15.2% to $189,900). This property’s list price of $89,000 is substantially below the current median for 2-bedroom homes, making it an exceptional value proposition.
  • Days on Market: Homes in Pahokee are selling, on average, after 114 days on the market, indicating a slower pace compared to some other Florida markets. This can provide buyers with more time to evaluate and negotiate.
  • Buyer Opportunity: In the broader Belle Glade-Pahokee area, 66.7% of homes sold below asking price last month, suggesting that buyers have significant negotiation leverage.

Benefits of Owning a Single-Family Home in Pahokee:

  • Unmatched Affordability: The low purchase price and estimated refinance payment make homeownership highly accessible.
  • Equity Building: Every mortgage payment contributes to your equity, building your ownership stake and potential wealth.
  • Stability and Predictability: A fixed-rate mortgage offers consistent monthly payments, making budgeting easier compared to fluctuating rents.
  • Customization Freedom: Enjoy the ability to renovate, decorate, and landscape as you please without landlord restrictions.
  • Privacy and Space: A detached home provides more privacy and personal space compared to multi-family dwellings.
  • Investment Potential: Given the significant increase in 2-bedroom home values in Pahokee over the past year, this property has strong appreciation potential, particularly at its attractive entry price.

This property represents an incredible chance to secure an affordable home in Pahokee with significant potential for value appreciation and personalization. Whether you’re looking for a primary residence or a smart investment, this opportunity is hard to beat!

Don’t miss out on this fantastic value! Contact us today to schedule a showing and explore your financing options for this charming Pahokee home!

Details

  • Property Id:15901
  • Area Size:1152 ft2
  • Bedrooms:2
  • Bathrooms:1
  • Date:June 24, 2025
  • Type:Sell

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