For Sale
Price $2,230,000.00
Listing ID A11356782
Status For Sale
733 W Dr Martin Luther King Jr Blvd W, Belle Glade FL 33430
Area Belle Glade
Square Ft
Lot Size 14,550
Year Built 1959
Taxes $15,866


Great investment opportunity to own two multifamily buildings with 30 units at 9.68% caps rate. Units are in good condition. Refer to sales presentation for more images, including inside the units. Both buildings are very well maintained. 0% vacancy rate; no evictions or defaults. Low property insurance. Buildings include a total of 6 parking spaces big enough to fit 12 cars. It also has street parking. Record shows 28 units, however there is an additional studio and a commercial retail space which makes it 30 units in total, all rented. Buildings have all certifications up to date and owners have done a great job maintaining it. Potential to increase caps rate in different ways, being one of them to increase rents to current market rates. Please, call for more information.


  • Cooling
  • Heating
  • Fireplace
  • View
  • Waterfront
  • Garage
  • Association

Map Location

Copyright 2020 Miami Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Miami Association of Realtors MLS data last updated on 6/5/2023 1:00:00 AM