733 Dr M.L.K. Jr W Boulevard, Belle Glade, FL 33430

$2,250,000

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List Price
$2,250,000
MLS#
B26046401
Status
ACTIVE
Type
Commercial

Property Description

Exceptional opportunity to acquire a renovated 30-unit multifamily apartment building in Belle Glade, Palm Beach County. Originally built in 1959 and extensively renovated in 2021, the property features a new roof, impact-resistant windows and doors, updated PVC plumbing, new electrical panels, and numerous interior and exterior improvements. Situated on approximately 0.51 acres, this income-producing asset offers investors a well-maintained apartment community in a high-demand rental market. Conveniently located near shopping, schools, public transportation, major employers, and US-98/SR-80, with easy access to Florida's Turnpike. A turnkey multifamily investment with significant recent capital improvements in one of Palm Beach County's established rental markets Showings by appointment only. Do not disturb tenants or enter the property without prior authorization. Proof of funds or lender pre-approval is required before scheduling a tour. Financial information, rent roll, operating statements, and due diligence materials are available upon request after seller approval and, if required, execution of a confidentiality agreement. Buyer and buyer's broker are responsible for independently verifying all information, including income, expenses, dimensions, zoning, permits, and intended use. Property tours are by appointment only.

Additional Information

Days on Market
32
Tax Amount
$18,678
Water Access
Building Only, Business And Building
Parcel Number
04374331010301020
Directions
From West Palm Beach, take Southern Blvd. (US-98/SR-80) west to Belle Glade. Continue into downtown Belle Glade, turn left onto Main Street, then right onto Dr. Martin Luther King Jr. Blvd. W. Property is on the left.
Address
733 Dr M.L.K. Jr W Boulevard, Belle Glade
Year Built
1959
Special Information
Substantially Remodeled, Updated/Remodeled, Completely Renovated

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Listing Courtesy of Palm Beach Property Buyers LLC, Contact: