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… Read More 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. Read Less
Courtesy of Palm Beach Property Buyers LLC 561-866-6399
Listing Snapshot
Days Online
20
Last Updated
Property Type
Multi Family
Square Ft.
14,550
Lot Size
0.51 Acres
Year Built
1959
MLS Number
B26046401
Additional Details
Building
Built in 1959, Construction materials: Block, Toal building area: 14550, 30 total units
Cooling
Central Air
Expenses
Insurance: $25,050, Maintenance: $10,725
Floors
Tile, Wood
Heating
Central
Lot
0.51 acres
Parking
Common, On Street, Accessible Parking, Free, 30 total parkings
Property
Zoning: R-3
Roof
Tar/Gravel
Security Features
Smoke Detector(s), None
Sewer
Public Sewer
Taxes
Annual amount: $18,678
Utilities
0-100 Amp Service, Electricity Available, Sewer Connected, Water Available
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