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

Commercial Recently Sold
$1,350,000

BTC: 22.29562345

ETH: 466.82596382

Sold on: 2021-07-09
394 days
0 room(s)
14,550 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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/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.

Location

Florida • Belle Glade • 33430 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
Free Parking
Year Built:
1959
Lot:
14618 Square Feet
Heating:
Central Electric / Central Individual A/C
Price/sqft:
$110
Cooling:
Central Individual A/C
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Floor

    • Concrete

    • Wood

    Heating

    • Central Electric

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • Free Parking

    Lot

    • Lot: 14618 Square Feet

    Other Property Information

    • Parcel Number: 04374331010301020

    • Zoning: R3 (city

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $12,638

  • Source details

    • MLS ID: A10800426

    Other facts

    • Construction Materials: Brick / CBS Construction / Frame With Stucco / Sheet Rock

    • Lot Features: City Location / Corner Lot

    • Living Area: 14550

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Green Tree Commercial, Inc