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733 Dr Martin Luther King Jr Blvd W
Belle Glade, FL 33430

$2,300,000 USD

Apartments For Sale • 11,879 SF

Property Details

Property Type Apartments
Total Building Size 14,550 SF
Building Class C
Year Built 1959
Cap Rate 9.38 %
Zoning R-3

0 Transit Score

68 Walk Score

                
                    Highlights
                
                                Fully Renovated, Turnkey 30-Unit Asset
                            
                                Below-Market Rents = Strong Value-Add Play
                            
                                Low Operating Costs – Individually Metered Utilities
                            
                                New Roofs, Plumbing, Electrical = Reduced CapEx
                            
                                Strong Cash Flow with Immediate Upside
                            
                                Located in an Opportunity Zone – Major Tax Incentives

Property Flyers

733 Dr Martin Luther King Jr Blvd W, Belle Glade, FL 33430-3797

Cap Rate:

9.38 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Jr Multi Tax Service

Amenities

Air Conditioning

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Jason Souwed 561-866-6399 Palm Beach Property Buyers LLC

733 Dr Martin Luther King Jr Blvd W Belle Glade, FL 33430