17 Baths
13,220 SqFt
17 Baths
13,220 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 13,220 sqft
Price per Sqft $102
MLS Listing ID R11114625
HOA Y/N No
Year Built 1979
Annual Tax Amount $19,051
Tax Year 2024
Contingent None
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Multi Family
Property Description
Located in central Belle Glade, it's within walking distance to schools, shops, and employers. Offered at $1,350,000, the investment delivers a cap rate between 8-9.37%, a GRM of 6.95, and a price per unit of ~$84K.
An ideal value-add or turnkey opportunity in South Florida's workforce housing market.
Location
State FL
County Palm Beach
Area 5560
Zoning R2(cit
Interior
Interior Features InteriorFeatures
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other
Fireplace No
Exterior
Water Access Desc Public
Roof Type Composition
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Concrete
Others
Tax ID 04374331300000110
Security Features Fire Alarm
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/241-NW-11th-1-Street-13-Belle-Glade-FL-33430/unbranded
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