Florida Houses
albert smith realtor

Information 561.933.6900

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$2,190,000
11 Days Online

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

For Sale|Multi-Family|Active
County:
Palm Beach
Call Now: 561-351-5096
Is this the home for you? We can help make it yours.
561-351-5096
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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.

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Listing Snapshot
Price 
$2,190,000
Days Online 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
14,550 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.33 Acres
Year Built 
1959
MLS Number 
A11356782
Status 
Active
Property Tax 
$15,866
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS
2 weeks agoListing first seen online
General Features
Parking 
AssignedOtherOn Street
Construction 
Block
Parking Spaces 
6
Zoning 
R3 (city
Property Sub Type 
Multi Family
Interior Features
Flooring 
Ceramic Tile
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Exterior Features
Waterfront 
No
Waterfront Property 
No
Community Features
MLS Area 
5560
Listing courtesy of IQ Real Estate LLC

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Neighborhood & Commute
Source: Walkscore
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