Not Disclosed Belle Glade, FL
$ 1,600,000
Property Attributes
  • MLS#A10800426
  • TypeCommercial
  • CountyPALM BEACH
  • CityBelle Glade
  • Area5560
  • Zip33430
  • StyleMultiFamily
  • Year Built1959
  • Taxes$ 12638
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14550
  • Lot Size0.34 Acres
Listing Provided Courtesy Of:
Green Tree Commercial, Inc
Data Source:
Southeast Florida MLS SEFMLS
Property Description

Multifamily property fully renovated composed of 30 units on 14,618 Sq. Ft. corner lot with an additional parking lot (included in sale) west of the building. Building has two bedrooms/one bathroom and one bedroom/one bathroom. The one bedroom units are being leased for $575 and the two bedrooms units are being leased for 650. Building is 7,920 Sq. Ft. and is being fully renovated. The units have brand new kitchen, bathrooms, central A/Cs and interior and exterior paint. Property is located in an opportunity zone, and 100% of the units are renovated. This is a rare true value-add asset in the supply-constrained, high barrier-to-entry South Florida rental market.

Price History
1/14/2020 Listed $1,750,000
2/3/2021 9% - $1,600,000

General Features

Cooling CentralAir
Electric Item110Volts, Item220Volts
Flooring Concrete, CeramicTile, Wood
Heating Central, Electric
MLS Area 5560
Ownership Corporation
Parking Features FreeParking
Property SubType MultiFamily
Property Type CommercialSale
Roof Concrete, Other, Shingle
Sewer PublicSewer
Structure Type MultiFamily
Terms Cash, Conventional
Total Units 30
Year Built Details Resale
Zoning Description R3 (city

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Living Area 14550.0

Exterior Features

Building Area Total 14550.0
Covered Spaces 0.0
Lot Size Area 14618.0
Lot Size Square Feet 14618.0
Lot Size Units SquareFeet
Number of Buildings 1
Number of Separate Electric Meters 30
Water Source Public
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33430

AVG $350K
AVG $7,143
AVG 142
Year Built
AVG 1967

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