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

 41 Bedroom     30 Bath    14550 Sq. Ft.   

main property photo

Great investment opportunity to own two multifamily buildings with 30 units at an almost 8% caps rate with potential to increase. Both buildings are very well painted. 0% vacancy rate; no evictions or defaults. Tenants pay very well. 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. Property remarks: -30 unit multifamily -Belle Glade Multifamily For Sale -For Sale 30 Unit Multifamily -For Sale 30 Unit Multifamily in Belle Glade -30 Unit Multifamily 8% Caps Rate

General Property Information

Property Type: Multi-Family
Bedrooms: 41
Bathrooms: 30
County: Palm Beach
Year Built: 1956
Stories: 3 story

Interior Features

  • Central A/C
  • Central heat

  • Smoke Alarm

Exterior Features

  • No Garage
  • No Carport

Misc Lot Features
  • Paved Road

Property Documents