USD 1,750,000

Belle Glade, Florida 33430

For Sale

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 will be leased for $650 and the two bedrooms units will be leased for $700 & $800. Building is 7,920 Sq. Ft. and is being fully renovated. The units have brand new kitchen, bathrooms, central A/C’s 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.

Listed by Capital Commercial R.E. Group

Property Details

ID #
A10800426
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33430
Building Area
14,550ft2
Year Built
1959
Building Feature
Air Conditioning
Ground Feature
Fenced
Building Structure
Brick
Roof Material
Wood shingle roof
Water Source
City/mains water
Septic
City sewer
Ceiling
Sheet Rock
Construction
CBS Construction, Concrete Block Construction, Frame With Stucco
Electric Service
110 Volts Power, 220 Volts Power
Floor
Ceramic Floor, Concrete Floors, Wood Floors
Location
City Location, Corner Lot
Miscellaneous
Exterior Lighting
Occupancy
Call Listing Agent
Parking
Free Parking
Road Type
Four Lane
Roof
Concrete Roof
Type of Building
Commercial/Residential Income, Residential-Multi-Family
Utilities
Internet
Zoning Information
R3 (city

Neighbourhood Map

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